UNITED FIRE GROUP INC — Director's Dealing 2012

Apr 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED FIRE GROUP INC (UFCS)
CIK: 0000101199
Period of Report: 2012-03-15

Reporting Person: SCHARMER NEAL R (VP/General Counsel/Corp Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-15	Common Stock	P	8	$19.47	Acquired	459	Indirect
2012-03-30	Common Stock	P	9	$17.89	Acquired	471	Indirect
2012-03-28	Common Stock	J	63	—	Acquired	786	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4253	Direct

Footnotes

F1: The deemed execution date of this transaction is the statement date as provided by the Issuer's 401(k)Plan trustee/administrator.

F2: Shares acquired through payroll deduction and participation in Issuer's 401(k) Plan.

F3: This transaction qualifies as a non-discretionary transaction from a tax-qualified plan and is voluntarily reported on Form 4.

F4: Represents the approximate number of shares acquired by the trustee/administrator of the Issuer's 401(k)Plan for the Reporting Person's benefit, based on a statement of the 401(k)Plan trustee/administrator.

F5: The price per share is based on a statement provided by the Issuer's 401(k) Plan trustee/administrator.

F6: The number of securities shown as being held in or acquired or disposed of by the Issuer's 401(k) account for the Reporting Person's benefit are the approximate number of shares of common stock for which the Reporting Person has the right to direct the vote under the Issuer's 401(k) plan. Such shares are not directly allocated to 401(k) plan participants, but are instead held in a unitized fund consisting primarily of common stock, together with a small percentage of short-term investments. 401(k) Plan participants acquire units of this fund.

F7: This transaction represents an allocation of shares held in trust by the Issuer's Employee Stock Ownership Plan on behalf of the Reporting Person. Shares held in trust by the plan are not distributed to the Reporting Person until retirement.

F8: Represents the approximate number of shares allocated by the trustee/administrator of the Issuer's Employee Stock Ownership Plan for the Reporting Person's benefit.

F9: The price per share is the closing price of the Issuer's common stock on the date of the reported transaction.

F10: The total number of securities beneficially held directly by the reporting person following the reported transaction includes: 1,974 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016 and 1,268 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 05/21/2013; and 1,808 shares held directly by the Reporting Person.