KEMPER Corp — Director's Dealing 2012

Feb 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEMPER Corp (KMPR)
CIK: 0000860748
Period of Report: 2012-01-31

Reporting Person: BOSCHELLI JOHN MICHAEL (VP & Chief Investment Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-31	Common Stock	A	2000	—	Acquired	26370	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-31	Employee Stock Options	$29.77	A	10000	Acquired	2022-01-31	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	613.14	Indirect

Footnotes

F1: Award of restricted stock under the Kemper Corporation 2011 Omnibus Equity Plan ("Plan"), subject to forfeiture and other restrictions until vested pursuant to the Plan and the award agreement.

F2: Award of options to buy stock under the Omnibus Plan.

F3: Options vests in four equal, consecutive annual installments beginning 7/31/2012.

F4: Following the last transaction reported in this table, the reporting person holds a total of 92,887 outstanding Kemper stock options