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UNITED FIRE GROUP INC — Director's Dealing 2013
Sep 25, 2013
32438_dirs_2013-09-25_a15e21c3-7560-4e1b-a555-f2f03520e4b6.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: 2013-09-24
Reporting Person: RAMLO RANDY A. (Director, President/CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-09-24 | Common Stock | M | 4000 | $21.66 | Acquired | 26680 | Direct |
| 2013-09-24 | Common Stock | S | 3469 | $31.00 | Disposed | 23211 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-09-24 | Stock Option (right to buy) | $21.66 | M | 4000 | Disposed | 2014-02-20 | Common Stock (4000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1741 | Indirect |
| Common Stock | 350 | Indirect |
Footnotes
F1: This transaction represents the exercise and simultaneous sale of vested, non-qualified stock options by the Reporting Person under a preapproved 10b-5 trading plan. The shares received by the Reporting Person upon exercise of these options were issued from the reserve account established with the Issuer's transfer agent for such purpose and were previously registered with the SEC.
F2: The total number of shares (excluding fractionals) beneficially held directly by the Reporting Person following the reported transaction includes: 7,322 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 5,304 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain
conditions, on 02/15/2018; 13,154 shares held of record by the Reporting Person; and 900 shares held jointly by the Reporting Person and his wife.
F3: The total number of shares (excluding fractionals) beneficially held directly by the Reporting Person following the reported transaction includes: 7,322 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 5,304 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain
conditions, on 02/15/2018; 9,685 shares held of record by the Reporting Person; and 900 shares held jointly by the Reporting Person and his wife.
F4: All options currently exercisable.