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UNITED FIRE GROUP INC Director's Dealing 2009

Feb 25, 2009

32438_dirs_2009-02-25_46983464-816f-4dd3-a055-12bf4107a1ba.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: Drahozal Christopher R (Director)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2674 Direct
Common Stock 217774 Indirect
Common Stock 74714 Indirect
Common Stock 50624 Indirect
Common Stock 519240 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: The reporting person disclaims ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or an other purpose.

F2: 2,000 options currently exercisable.

F3: 1,600 options currently exercisable and 400 options become exercisable on 05/19/2009.

F4: 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.

F5: 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.

F6: 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.

F7: 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.