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UNITED FIRE GROUP INC Director's Dealing 2013

Dec 18, 2013

32438_dirs_2013-12-18_1fef2b72-f384-48fc-b9b9-1d9fcd90fd9c.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: 2013-12-16

Reporting Person: RIFE JOHN A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-12-16 Common Stock J 53 $27.56 Acquired 8167 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-12-16 Phantom Stock $ J 5.097 Acquired Common Stock (5.097) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 26663 Direct

Footnotes

F1: Shares acquired through participation in the Issuer's Dividend Reinvestment Plan.

F2: This transaction is exempt under Rule 16a-11 of the Securities Exchange Act of 1934 and is voluntarily reported.

F3: Represents the approximate number of shares (excluding fractionals) acquired through the Issuer's Dividend Reinvestment Plan for the Reporting Person's benefit.

F4: The price per share is the closing price of the Issuer's common stock on the date of the reported transaction.

F5: The number of shares (excluding frationals) beneficially held indirectly by the Reporting Person after the reported transaction includes: 6,415 shares held in an individual retirement account for Mr. Rife's benefit; 1,333 shares held individually by Mr. Rife's spouse; and 419 shares held in a SEP individual retirment account for Mr. Rife's benefit.

F6: The number of shares (excluding fractionals) beneficially held directly by the Reporting Person after the reported transaction includes: 25,661 shares held jointly by Mr. Rife and his wife, 582 shares held directly by Mr. Rife; and 420 shares of restricted stock issued to Mr. Rife under the Issuer's 2005 Non-Qualified Non-Employee Stock Option and Restricted Stock Plan which vest,
subject to certain conditions, on May 15, 2014.

F7: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash, in one lump sum or prorated over five years, at the election of the Reporting Person, upon the Reporting Person's termination of service as a director.

F8: Phantom stock acquired through dividend reinvestment through the Issuer's 2012 Deferred Compensation Plan for United Fire Group, Inc. Non-Employee Directors.