KEMPER Corp — Director's Dealing 2013

May 1, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEMPER Corp (KMPR)
CIK: 0000860748
Period of Report: 2013-05-01

Reporting Person: KAUTH WAYNE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-01	Common Stock	A	500	—	Acquired	11500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-01	Stock Option	$31.50	A	4000	Acquired	2023-05-01	Common Stock (4000)	Direct

Footnotes

F1: Award of deferred stock units that are vested on the grant date and convert to shares of Common Stock on the date of the reporting person's departure from Kemper Corporation's board of directors.

F2: Award of option to buy stock with tandem stock appreciation right.

F3: Following the last transaction reported in this table, the reporting person holds a total of 37,090 outstanding option shares under Kemper Corporation's equity compensation plans.