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UNITED FIRE GROUP INC Director's Dealing 2014

May 23, 2014

32438_dirs_2014-05-23_494d70d0-f81f-42ad-99b4-b9b6779a122f.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: 2014-05-21

Reporting Person: EVANS JACK (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-05-21 Common Stock A 1286 $0.00 Acquired 34194 Direct
2014-05-22 Common Stock M 1519 Acquired 35713 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-05-22 Stock Option (right to buy) $22.46 M 545 Disposed 2020-05-19 Common Stock (545) Direct
2014-05-22 Stock Option (right to buy) $20.40 M 545 Disposed 2014-05-19 Common Stock (545) Direct
2014-05-22 Stock Option (right to buy) $21.095 M 429 Disposed 2022-05-16 Common Stock (429) Direct

Footnotes

F1: The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 32,908 held directly by the Reporting Person and 1,286 shares of restricted stock issued under the Issuer's 2005 Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan which vest, subject to certain conditions, on May 21, 2017.

F2: Represents 545 options exercised at $20.40 per share; 545 options exercised at 22.46 per shares; and 429 options exercised at $21.095 per share.

F3: The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 34,427 held directly by the Reporting Person and 1,286 shares of restricted stock issued under the Issuer's 2005 Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan which vest, subject to certain conditions, on May 21, 2017.

F4: Includes 545 options currently exercisable and 546 options becoming exercisable on 5/19/2015.

F5: Includes 545 options currently exercisable and 1,090 options becoming execisable in two equal installments of 545 options each on 2/13/2015 and 2/18/2016.

F6: Includes 429 options currently exercisable and 1,287 options become exercisable in three equal installments of 429 options each on 05/16/2015, 05/16/2016 and 05/16/2017.