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UNITED FIRE GROUP INC — Director's Dealing 2016
Feb 12, 2016
32438_dirs_2016-02-12_1f37d960-6c5b-4110-a363-0c147aa8bcda.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: HULTQUIST DOUGLAS M (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7726 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (2190.9809) | 2190.9809 | Direct | |
| Stock Option (right to buy) | $22.46 | 2020-05-19 | Common Stock (2727.0) | 2727 | Direct |
| Stock Option (right to buy) | $33.78 | 2018-05-21 | 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) | $28.925 | 2023-05-15 | Common Stock (1755.0) | 1755 | Direct |
| Stock Option (right to buy) | $20.4 | 2021-02-18 | Common Stock (2727.0) | 2727 | Direct |
| Stock Option (right to buy) | $29.28 | 2017-11-16 | Common Stock (2000.0) | 2000 | Direct |
Footnotes
F1: The number of shares beneficially held directly by the Reporting Person includes: 5431 shares held by Mr. Hultquist individually and shares of restricted stock issued to Mr. Hultquist under the Issuer's Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan, including 857 shares that vest in equal installments on 5/21/2016 and 5/21/2017, and 1438 shares that vest in equal installments on 5/20/2016, 5/20/2017 and 5/20/2018.
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.
F4: 1287 options currently exercisable. Remaining options become vested and exercisable in equal installments on 5/16/2016 and 5/16/2017, respectively.
F5: 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.
F6: 2182 options currently exercisable. Remaining options become vested and exercisable on 02/18/2016.