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: Carlton Scott L (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	103933	Direct
Common Stock	34540	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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

Footnotes

F1: The number of shares are held directly by the Reporting Person include: 103,513 shares held directly by the Reporting Person and 420 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 15, 2014.

F2: The number of shares held indirectly by the Reporting Person includes: 12,760 shares held for the benefit of the Reporting Person's son, 10,760 shares held for the benefit of the Reporting Person's son, 6,960 shares held for the benefit of the Reporting Person's daughter and 4,060 shares held for the benefit of the Reporting Person's daughter.

F3: 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.

F4: 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.