UNITED FIRE GROUP INC — Director's Dealing 2016

Feb 12, 2016

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: Mahon Casey D. (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect
Common Stock	15210	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$39.13	2016-02-17	Common Stock (2000.0)	2000	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)	$28.925	2023-05-15	Common Stock (1755.0)	1755	Direct
Stock Option (right to buy)	$33.78	2018-05-21	Common Stock (3000.0)	3000	Direct
Stock Option (right to buy)	$29.28	2017-11-16	Common Stock (2000.0)	2000	Direct
Stock Option (right to buy)	$31.05	2016-05-17	Common Stock (1333.0)	1333	Direct
Stock Option (right to buy)	$21.095	2022-05-16	Common Stock (2145.0)	2145	Direct

Footnotes

F1: The number of shares beneficially held directly by the Reporting Person includes: 12,915 held by Ms. Mahon individually; and shares of restricted stock issued to Ms. Mahon under the Issuer's Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan, including 857 shares vesting in equal installments on 5/21/2016 and 5/21/2017, and 1438 shares vesting in equal installments on 5/20/2016, 5/20/2017 and 5/20/2018.

F2: All options currently exercisable.

F3: 2182 options currently exercisable. Remaining options become vested and exercisable on 2/18/2016.

F4: 702 options currently exercisable. Remaining options become vested and exercisable in equal installments on 5/15/2016, 5/15/2017 and 5/15/2018, respectively.

F5: 1287 options currently exercisable. Remaining options become vested and exercisable in equal installments on 5/16/2016 and 5/16/2017, respectively.