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UNITED FIRE GROUP INC Director's Dealing 2015

Feb 13, 2015

32438_dirs_2015-02-13_254d26f1-717e-450a-89b2-fbe9e58f1703.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: 2014-12-31

Reporting Person: Sheeley Michael J. (VP/COO - United Life Ins. Co.)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4044 Direct
Common Stock 1456 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $32.39 2015-02-18 Common Stock (1000.0) 1000 Direct
Stock Option (right to buy) $39.13 2016-02-17 Common Stock (1000.0) 1000 Direct
Stock Option (right to buy) $35.23 2017-02-16 Common Stock (1000.0) 1000 Direct
Stock Option (right to buy) $18.14 2019-05-20 Common Stock (400.0) 400 Direct
Stock Option (right to buy) $34.39 2018-02-15 Common Stock (1000.0) 1000 Direct
Stock Option (right to buy) $16.89 2020-02-19 Common Stock (750.0) 750 Direct
Stock Option (right to buy) $20.54 2021-02-18 Common Stock (1000.0) 1000 Direct
Stock Option (right to buy) $20.93 2022-02-24 Common Stock (2500.0) 2500 Direct
Stock Option (right to buy) $23.96 2023-02-15 Common Stock (3624.0) 3624 Direct
Stock Option (right to buy) $29.61 2024-02-21 Common Stock (5537.0) 5537 Direct

Footnotes

F1: The total number of securities beneficially held directly by the Reporting Person (excluding fractionals) includes: 1,301 shares held directly by Mr. Sheeley; 1,033 shares of restricted stock issued under the Issuer's Stock Plan which vest, subject to certain conditions, on 02/15/2018; and 1,710 shares of restricted stock issued under the Issuer's Stock Plan which vest, subject to certain conditions, on 02/21/2019.

F2: All options currently exercisable.

F3: 600 options currently exercisable. Remaining options become vested and exercisable on 02/19/2015.

F4: 600 options currently exercisable. Remaining options become vested and exercisable in equal installments on 02/18/2015 and 02/18/2016, respectively.

F5: 1,000 options currently exercisable. Remaining options become vested and exercisable in equal installments on 02/24/2015, 02/24/2016 and 02/24/2017, respectively.

F6: 725 options currently exercisable. Remaining options become vested and exercisable in equal installments on 02/15/2015, 02/15/2016, 02/15/2017 and 02/15/2018, respectively.

F7: Options become vested and exercisable in equal installments on 02/21/2015, 02/21/2016, 02/21/2017, 2/21/2018 and 02/21/2019, respectively.