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: SOUTHWELL DONALD GENE (Director, Chairman, President, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-31	Common Stock	A	15000	—	Acquired	177806	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-31	Employee Stock Options	$29.77	A	80000	Acquired	2022-01-31	Common Stock (80000)	Direct

Footnotes

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

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

F3: Options vest 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 1,047,329 ourstanding Kemper Corporation stock options.