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UNITED FIRE GROUP INC Director's Dealing 2009

Feb 25, 2009

32438_dirs_2009-02-25_cea79ece-75b1-4099-b1ac-f2c666d155fd.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: UNITED FIRE & CASUALTY CO (UFCS)
CIK: 0000101199
Period of Report: 2009-02-25

Reporting Person: Hanley Thomas W. (Director)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 203 Direct
Common Stock 1500 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $16.13 2013-05-21 Common Stock (2000) Direct
Stock Option (right to buy) $27.32 2014-05-19 Common Stock (2000) Direct
Stock Option (right to buy) $39.13 2016-02-17 Common Stock (2000) Direct
Stock Option (right to buy) $31.05 2016-05-17 Common Stock (1333) Direct
Stock Option (right to buy) $29.28 2017-11-16 Common Stock (2000) Direct
Stock Option (right to buy) $33.78 2018-05-21 Common Stock (3000) Direct

Footnotes

F1: 2,000 options currently exercisable.

F2: 1,600 options currently exercisable and 400 options become exercisable on 05/19/2009.

F3: 800 options currently exercisable and 1,200 options become exercisable in three equal installments of 400 options each on 02/17/2009, 02/17/2010 and 02/17/2011.

F4: 534 options currently exercisable; 267 options become exercisable on 05/17/2009; and 532 options become exercisable in two equal installments of 266 options each on 05/17/2010 and 05/17/2011.

F5: 400 options currently exercisable and 1,600 options become exercisable in four equal installments of 400 options each on 11/16/2009, 11/16/2010, 11/16/2011 and 11/16/2012.

F6: 3,000 options become exercisable in five equal installments of 600 options each on 05/21/2009, 05/21/2010, 05/21/2011, 05/21/2012 and 05/21/2013.