UNITED FIRE GROUP INC — Director's Dealing 2013

Aug 19, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED FIRE GROUP INC (UFCS)
CIK: 0000101199
Period of Report: 2013-08-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-16	Common Stock	M	2000	$21.66	Acquired	8579	Direct
2013-08-16	Common Stock	S	2000	$30.00	Disposed	6579	Direct
2013-08-15	Common Stock	P	6	$29.67	Acquired	699	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-16	Stock Option (right to buy)	$21.66	M	2000	Disposed	2014-02-20	Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	829	Indirect

Footnotes

F1: This transaction represents the exercise and sale of vested, non-qualified stock options under an pre-arranged 10b5-1 trading plan.

F2: The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 5,159 shares held by Mr. Scharmer; 1,974 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; and 1,446 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/15/2018.

F3: The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 3,159 shares held by Mr. Scharmer; 1,974 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; and 1,446 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/15/2018.

F4: The deemed execution date of this transaction is the settlement date as provided by the Issuer's 401(k)Plan trustee/administrator.

F5: Shares acquired through payroll deduction and participation in Issuer's 401(k) Plan.

F6: This transaction qualifies as a non-discretionary transaction from a tax-qualified plan and is voluntarily reported on Form 4.

F7: Represents the approximate number of shares (excluding fractionals) acquired by the trustee/administrator of the Issuer's 401(k)Plan for the Reporting Person's benefit, based on a statement of the 401(k)Plan trustee/administrator.

F8: The price per share is based on a statement provided by the Issuer's 401(k) Plan trustee/administrator.

F9: The number of securities shown as being held in,acquired by or disposed of by the Issuer's 401(k) account for the Reporting Person's benefit are the approximate number of shares of common stock (excluding fractionals) for which the Reporting Person has the right to direct the vote under the Issuer's 401(k) plan. Such shares are not directly allocated to 401(k) plan participants, but are instead held in a unitized fund consisting primarily of Issuer common stock, together with a small percentage of short-term investments. 401(k) Plan participants acquire units of this fund.

F10: All options currently exercisable.