UNITED FIRE GROUP INC — Director's Dealing 2014

Mar 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED FIRE GROUP INC (UFCS)
CIK: 0000101199
Period of Report: 2014-03-14

Reporting Person: ERNST BARRIE W (VP/Chief Investment Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-17	Common Stock	P	8	$29.7044	Acquired	8921	Direct
2014-03-14	Common Stock	P	13	$29.48	Acquired	5694	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	435	Indirect
Common Stock	1086	Indirect

Footnotes

F1: Shares acquired through participation in 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 based on a statement provided by the Issuer's Dividend Reinvestment Plan administrator.

F5: The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 1,337 shares of stock held individually by Mr. Ernst; 2,714 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 1,933 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/15/2018; and 2,937 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/21/2019.

F6: Shares acquired through payroll deduction and participation in the Issuer's 401(k) Plan.

F7: This transaction qualifies as a non-discretionary transaction from a tax-qualified plan and is voluntarily reported on Form 4.

F8: Represents the approximate number of shares (excluding frationals) acquired by the trustee/administrator of the Issuer's 401(k)Plan for the reporting person's benefit, based on a statement of the plan trustee/administrator.

F9: The price per share is based on a statement provided by the Issuer's 401(k) Plan trustee/administrator.

F10: The number of securities shown as being held in or acquired by the Issuer's 401(k) account for the Reporting Person's benefit are the approximate number of shares of common stock 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 common stock, together with a small percentage of short-term investments. 401(k) Plan participants acquire units of this fund.