Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

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

Open in viewer

Opens in your device viewer

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.