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UNITED FIRE GROUP INC — Director's Dealing 2012
May 18, 2012
32438_dirs_2012-05-18_7c609a26-e30d-45a3-b1b5-6697d25b5a69.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNITED FIRE GROUP INC (UFCS)
CIK: 0000101199
Period of Report: 2012-05-16
Reporting Person: Skogman Kyle D. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-16 | Common Stock | A | 582 | $20.90 | Acquired | 12212 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-05-16 | Stock Option (right to buy) | $21.095 | A | 2145 | Acquired | 2022-05-16 | Common Stock (2145) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3520 | Indirect |
Footnotes
F1: Represents the grant of restricted stock to the Reporting Person under the Issuer's 2005 Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan. These shares vest, subject to certain conditions, on May 16, 2013.
F2: The total number of securities beneficially held directly by the reporting person following the reported transaction includes: 10,900 shares held in a trust account for which Mr. Skogman serves as trustee; 730 shares held jointly in a brokerage account by Mr. Skogman and his wife; and 582 shares of restricted stock which vest, subject to certain conditions, on May 16, 2013.
F3: The total number of securities beneficially held indirectly by the reporting person following the reported transaction includes: 670 shares held in a simplified employee pension (SEP) account for Mr. Skogman's benefit; 200 shares held in an individual retirement account for Mr. Skogman's benefit; 1,000 shares held individually by Mr. Skogman's wife; 1,500 shares held in a trust account for the benefit of Mr. Skogman's wife; and 150 shares held in an individual retirement account for the benefit of Mr. Skogman's wife.
F4: 2,145 options become exercisable in five equal installments of 429 options each on 05/16/2013, 05/16/2014, 05/16/2015, 05/16/2016 and 05/16/2017.