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UNITED FIRE GROUP INC — Director's Dealing 2015
Feb 13, 2015
32438_dirs_2015-02-13_132b16b0-cdb1-46a1-9193-46a419398f72.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: NOYCE JAMES (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4288 | Direct |
| Common Stock | 2000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (3089.5799) | 3089.5799 | Direct | |
| Stock Option (right to buy) | $22.46 | 2020-05-19 | Common Stock (2727.0) | 2727 | Direct |
| Stock Option (right to buy) | $20.4 | 2021-02-18 | Common Stock (2727.0) | 2727 | Direct |
| Stock Option (right to buy) | $21.095 | 2022-05-16 | Common Stock (2145.0) | 2145 | Direct |
| Stock Option (right to buy) | $28.925 | 2023-05-15 | Common Stock (1755.0) | 1755 | Direct |
Footnotes
F1: The number of securities beneficially held directly by the Reporting Person includes: 2,000 shares held in a trust account for the Reporting Person's benefit; 1,002 shares held by the Reporting Person directly; and 1,286 shares of restricted stock issued under the Issuer's Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan which vest, subject to certain conditions, on May 21, 2017.
F2: Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock. The shares of phantom stock become payable, in cash, in one lump sum or prorated over five years, at the election of the Reporting Person, upon the Reporting Person's termination of service as a director.
F3: 2,182 options currently exercisable. Remaining options become vested and exercisable on 05/19/205.
F4: 1,636 options currently exercisable. Remaining options become vested and exercisable in equal installments on 02/18/2015 and 02/18/2016, respectively.
F5: 858 options currently exercisable. Remaining options become vested and exercisable in equal installments on 05/16/2015, 05/16/2016 and 05/16/2017, respectively.
F6: 351 options currently exercisable. Remaining options become vested and exercisable in equal installments on 05/15/2015, 05/15/2016, 05/15/2017 and 05/15/2018, respectively.