UNITED FIRE GROUP INC — Director's Dealing 2012

Jan 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED FIRE & CASUALTY CO (UFCS)
CIK: 0000101199
Period of Report: 2011-12-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-15	Common Stock	P	8	$20.20	Acquired	405	Indirect
2011-12-30	Common Stock	P	8	$20.18	Acquired	412	Indirect
2012-01-03	Common Stock	P	13	$20.51	Acquired	4253	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	723	Indirect

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 or disposed of by the Company 401(k) account for Mr. Scharmer's benefit are the approximate number of shares of common stock for which Mr. Scharmer 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: Shares acquired through participation in Company's Dividend Reinvestment Plan.

F8: This transaction is exempt under Rule 16a-11 of the Securities Exchange Act of 1934 and is voluntarily reported.

F9: Represents the approximate number of shares acquired by the administrator of the Company's Dividend Reinvestment Plan for the reporting person, based on a statement of the administrator.

F10: The price per share is the closing price of the Company's common stock on the date of the reported transaction.

F11: 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 Company's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016 and 1,268 shares of restricted stock issued under the Company's 2008 Stock Plan which vest, subject to certain
conditions, on 05/21/2013; and 1,808 shares held directly by the reporting person.