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UNITED FIRE GROUP INC — Director's Dealing 2012
Feb 6, 2012
32438_dirs_2012-02-06_f4b3b521-abae-4c40-a52f-feb8b1022927.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: 2012-01-17
Reporting Person: Wilkins Michael T (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-01-17 | Common Stock | P | 1 | $19.58 | Acquired | 2094 | Indirect |
| 2012-01-31 | Common Stock | P | 4 | $19.63 | Acquired | 2122 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 226375 | Indirect |
| Common Stock | 202058 | Indirect |
| Common Stock | 9579 | Direct |
Footnotes
F1: The deemed execution date of this transaction is the statement date as provided by the Company's 401(k)Plan trustee/administrator.
F2: Shares acquired through payroll deduction and participation in Company'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 Company's 401(k)Plan for the reporting person's benefit, based on a statement of the plan trustee/administrator.
F5: The price per share is based on a statement provided by the Company's 401(k) Plan trustee/administrator.
F6: The number of securities shown as being held in or acquired by the Company 401(k) account for Mr. Wilkins' benefit are the approximate number of shares of common stock for which Mr. Wilkins has the right to direct the vote under the 401(k) plan. Such shares are not directly allocated to plan participants, but are instead held in a unitized fund consisting primarily of common stock, together with a small percentage of short-term investments. Participants acquire units of this fund.
F7: The Reporting Person serves as co-trustee of this employee benefit plan and disclaims beneficial ownership of any Issuer securities held by this plan that are not allocated for his individual benefit, 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 of the Securities Exchange Act of 1934 or for any other purpose. Only 1,652 shares held in this plan are allocated specifically for the Reporting Person's individual benefit.
F8: The Reporting Person serves as co-trustee of this employee benefit plan and disclaims beneficial ownership of these securities. None of the shares held by this plan are allocated to the Reporting Person's individual benefit. The Reporting Person will recieve a pension benefit from the plan upon retirement. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.
F9: The total number of securities beneficially held directly by the reporting person following the reported transaction includes: 3,894 shares of restricted stock issued under the Company's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 2,313 shares of resticted stock issued under the Company's 2008 Stock Plan which vest, subject to certain conditions, on 05/21/2013; and 3,372 shares held by the reporting person individually.