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UNITED FIRE GROUP INC — Director's Dealing 2014
Feb 13, 2014
32438_dirs_2014-02-13_b5bc0d8c-3cff-4b98-9880-9d27ef451627.zip
Director's Dealing
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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: NOYCE JAMES (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3002 | Direct |
| Common Stock | 2000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $22.46 | 2020-05-19 | Common Stock (2727) | 2727 | Direct |
| Stock Option (Right to Buy) | $20.40 | 2021-02-18 | Common Stock (2727) | 2727 | Direct |
| Stock Option (Right to Buy) | $21.095 | 2022-05-16 | Common Stock (2145) | 2145 | Direct |
| Stock Option (Right to Buy) | $28.925 | 2023-05-15 | Common Stock (1755) | 1755 | Direct |
| Phantom Stock | $ | Common Stock (1178.309) | 1178.309 | Direct |
Footnotes
F1: The number of securities beneficially held directly by the Reporting Person includes: 2,000 shares held in a trust account for Mr. Noyce's benefit; 582 shares held by Mr. Noyce directly; and 420 shares of restricted stock which vest, subject to certain conditions, on May 15, 2014.
F2: 1,635 options currently exercisable; 1,092 options become exercisable in two (2) equal installments of 546 options each on 05/19/2014 and 05/19/205, respectively.
F3: 1,092 options currently exercisable; 1,635 options become exercisable in three (3) equal installments of 545 options each on 02/18/2014, 02/18/2015 and 02/18/2016, respectively
F4: 429 options currently exercisable; 1,716 options become exercisable in four (4) equal installments of 429 options each on 05/16/2014, 05/16/2015, 05/16/2016 and 05/16/2017, respectively.
F5: 1,755 options become exercisable in five (5) equal installments of 351 options each on 05/15/2014, 05/15/2015, 05/15/2016, 05/15/2017 and 05/15/2018, respectively.
F6: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash, in one lump sum or prorated over five year, at the election of the Reporting Person, upon the Reporting Person's termination of service as a director.