UNITED FIRE GROUP INC — Director's Dealing 2014

Feb 13, 2014

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: UNITED FIRE GROUP INC (UFCS)
CIK: 0000101199
Period of Report: 2013-12-31

Reporting Person: Wilkins Michael T (Executive Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14029	Direct
Common Stock	2264	Indirect
Common Stock	220468	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$32.39	2015-02-18	Common Stock (5000)	5000	Direct
Stock Option (Right to Buy)	$39.13	2016-02-17	Common Stock (5000)	5000	Direct
Stock Option (Right to Buy)	$35.23	2017-02-16	Common Stock (10000)	10000	Direct
Stock Option (Right to Buy)	$33.43	2018-05-21	Common Stock (8463)	8463	Direct
Stock Option (Right to Buy)	$22.42	2020-05-19	Common Stock (3000)	3000	Direct
Stock Option (Right to Buy)	$20.54	2021-02-18	Common Stock (9467)	9467	Direct
Stock Option (Right to Buy)	$23.96	2023-02-15	Common Stock (9998)	9998	Direct

Footnotes

F1: The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 3,894 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 2,850 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on
02/15/2018; and 7,285 shares held by the Reporting Person individually.

F2: The number of securities shown as being held in or acquired by the Issuer's 401(k) account for the Reporting Persons' 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.

F3: The Reporting Person serves as co-trustee of this employee benefit plan and disclaims beneficial ownership of any Issuer securities held by this plan that are not allocated for his individual benefit, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes under Section 16 of the Securities Exchange Act of
1934 or for any other purpose. Currently only 1,824 shares held in this plan are allocated specifically for the Reporting Person's individual benefit.

F4: All options currently exercisable.

F5: 1,800 options currently exercisable; 1,200 options become exercisable in two (2) equal installments of 600 options each on 05/19/2014 and 05/19/2015, respectively.

F6: 3,788 options currently exercisable; 5,679 options become exercisable in three (3) equal installments of 1,893 options each on 02/18/2014, 02/18/2015 and 02/18/2016, respectively.

F7: 1,999 options each become exercisable on 02/15/2014, 02/15/2015; 2,000 options each become exercisable on 02/15/2016, 02/15/2017 and 01/15/2018, respectively.