UNITED FIRE GROUP INC — Director's Dealing 2015

Mar 17, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED FIRE GROUP INC (UFCS)
CIK: 0000101199
Period of Report: 2015-03-16

Reporting Person: RIFE JOHN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-16	Common Stock	A	56	$30.21	Acquired	8448	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-16	Phantom Stock	$	A	16.892	Acquired		Common Stock (16.892)	Direct

Footnotes

F1: The number of shares (excluding frationals) beneficially held indirectly by the Reporting Person includes: 6,635 shares held in an individual retirement account for Mr. Rife's benefit; 1,379 shares heldindividually by Mr. Rife's spouse; and 434 shares held in a SEP individual retirement account for Mr. Rife's benefit.

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: Share acquired through participation in the United Fire Group, Inc. Deferred Compensation Plan for Non-Employee Directors.

F4: The price per share is the closing price of the Issuer's common stock on the date of the reported transaction.