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UNITED FIRE GROUP INC — Director's Dealing 2013
Feb 20, 2013
32438_dirs_2013-02-20_7afc80af-0c16-45ff-87d8-94e167946dc0.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: UNITED FIRE GROUP INC (UFCS)
CIK: 0000101199
Period of Report: 2013-02-15
Reporting Person: CONNER DAVID E (VP/Chief Claims Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-15 | Common Stock | A | 1334 | $23.96 | Acquired | 4435 | Direct |
| 2013-02-15 | Common Stock | P | 6 | $23.96 | Acquired | 1611 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-15 | Stock Option (right to buy) | $23.96 | A | 4681 | Acquired | 2023-02-15 | Common Stock (4681) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 368 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $20.54 | 2021-02-18 | Common Stock (4809) | 4809 | Direct |
| Stock Option (right to buy) | $22.42 | 2020-05-19 | Common Stock (3000) | 3000 | Direct |
| Stock Option (right to buy) | $33.43 | 2018-05-21 | Common Stock (4485) | 4485 | Direct |
| Stock Option (right to buy) | $35.23 | 2017-02-16 | Common Stock (5000) | 5000 | Direct |
| Stock Option (right to buy) | $39.13 | 2016-02-17 | Common Stock (2500) | 2500 | Direct |
| Stock Option (right to buy) | $32.39 | 2015-02-18 | Common Stock (2500) | 2500 | Direct |
| Stock Option (right to buy) | $21.66 | 2014-02-20 | Common Stock (1000) | 1000 | Direct |
Footnotes
F1: This transaction represents a grant of restricted stock shares to the Reporting Person under the Issuer's 2008 Stock Plan.
F2: The price per share is the closing price of the Issuer's common stock on the date of the reported transaction.
F3: The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 1,226 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions on 05/21/2013; 1,875 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016 and 1,334 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 statement 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 acquired by the trustee/administrator of the Issuer's 401(k) Plan for the Reporting Person's benefit, based on a statement of the trustee/administrator.
F8: The price per share is based on a statement provided by the Issuer's 401(k) Plan trustee/administrator.
F9: Th number of securities shown as being held in or acquired or disposed of by the Issuer's 401(k) account for the Reporting Person's benefit is the approximate number of shares of common stock for which the Reporting Person 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.
F10: The exercise price of these stock options represents the closing price of the Issuer's common stock on the grant date.
F11: 3,744 options that become exercisable in four equal installments of 936 options each on 02/15/2014, 02/15/2015, 02/16/2016 and 02/17/2017; and 937 options that become exercisable on 02/15/2018.
F12: 1,924 options currently exercisable; 1,924 options become exercisable in two equal installments of 962 options each on 02/18/2014 and 02/18/2015; and 961 options become exercisable 02/18/2016.
F13: 1,200 options currently exercisable; 1,800 options become exercisable in three equal installments of 600 options each on 05/19/2013, 05/19/2014 and 05/19/2015.
F14: 3,588 options currently exercisable and 897 options become exercisable on 05/21/2013.
F15: All options currently exercisable.