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SELECTIVE INSURANCE GROUP INC Director's Dealing 2009

Dec 4, 2009

31055_dirs_2009-12-04_2047e6a7-b385-4035-96ed-d89afaf63cfc.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SELECTIVE INSURANCE GROUP INC (SIGI)
CIK: 0000230557
Period of Report: 2009-12-03

Reporting Person: THEBAULT J BRIAN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-12-03 Common Stock M 6000 $7.617 Acquired 63570.069 Direct
2009-12-03 Common Stock S 6000 $15.8114 Disposed 57570.069 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-12-03 Stock Option $7.617 M 6000 Disposed 2010-03-01 Common Stock (6000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 214.63 Indirect
Common Stock 322.642 Indirect
Common Stock 224.705 Indirect
Common Stock 217.502 Indirect
Common Stock 224.705 Indirect

Footnotes

F1: Includes 25.636 shares acquired pursuant to the Company's Dividend Reinvestment Plan. Also includes 31.488 dividend equivalent units. Each dividend equivalent unit is the economic equivalent of one share of Selective Insurance Group, Inc. common stock.

F2: Represents the weighted average sale price. The highest price at which shares were sold was $15.91 and the lowest price at which shares were sold was $15.74. The reporting person hereby undertakes to provide upon request to the SEC's staff, the issuer or its security holders, full information regarding the number of shares sold at each separate price.

F3: Includes 1.763 shares acquired pursuant to the Company's Dividend Reinvestment Plan.

F4: Includes 2.651 shares acquired pursuant to the Company's Dividend Reinvestment Plan.

F5: Includes 1.846 shares acquired pursuant to the Company's Dividend Reinvestment Plan.

F6: Includes 1.787 shares acquired pursuant to the Company's Dividend Reinvestment Plan.