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UNITED FIRE GROUP INC — Director's Dealing 2013
Sep 20, 2013
32438_dirs_2013-09-20_20f35b05-f203-431b-8959-fcb567175efa.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: 2013-09-16
Reporting Person: RIFE JOHN A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-09-16 | Common Stock | J | 53 | $28.47 | Acquired | 8114 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-09-16 | Phantom Stock | $ | A | 3.2966 | Acquired | Common Stock (3.2966) | 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 Company'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: 6,373 shares held in an individual retirement account for Mr. Rife's benefit; 1,325 shares held individually by Mr. Rife's spouse; and 416 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 year, 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 Commpensation Plan for United Fire Group, Inc. Non-Employee Directors.