UNITED FIRE GROUP INC — Director's Dealing 2015

Feb 13, 2015

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: Carlton Scott L (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	93451	Direct
Common Stock	36260	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 shares held directly by the Reporting Person includes: 92,165 shares held directly by the Reporting Person and 1,286 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 21, 2017.

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 as of 1/23/2015.

F3: 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.

F4: 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.