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UNITED FIRE GROUP INC Director's Dealing 2016

Feb 12, 2016

32438_dirs_2016-02-12_e4fe89fe-9b96-4491-b4a0-59ebecb0bca9.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: 2015-12-31

Reporting Person: RIFE JOHN A (Former Director)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 8569 Indirect
Common Stock 21047 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock $ Common Stock (2094.3231) 2094.3231 Direct
Stock Option (right to buy) $39.13 2016-02-17 Common Stock (20000.0) 20000 Direct
Stock Option (right to buy) $28.925 2023-05-15 Common Stock (1755.0) 1755 Direct
Stock Option (right to buy) $34.39 2018-02-15 Common Stock (3000.0) 3000 Direct
Stock Option (right to buy) $21.095 2022-05-16 Common Stock (2145.0) 2145 Direct
Stock Option (right to buy) $35.23 2017-02-16 Common Stock (20000.0) 20000 Direct
Stock Option (right to buy) $22.46 2020-05-19 Common Stock (2727.0) 2727 Direct

Footnotes

F1: The number of shares (excluding frationals) beneficially held indirectly by the Reporting Person includes: 6723 shares held in an individual retirement account for Mr. Rife's benefit; 1405 shares heldindividually by Mr. Rife's spouse; and 441 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: All options currently exercisable.