UNITED FIRE GROUP INC — Director's Dealing 2018

Dec 31, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED FIRE GROUP INC (UFCS)
CIK: 0000101199
Period of Report: 2018-12-28

Reporting Person: ERNST BARRIE W (VP/Chief Investment Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-28	Common Stock	M	200	$22.42	Acquired	17010.2557	Direct
2018-12-28	Common Stock	S	200	$55	Disposed	16810.2557	Direct
2018-12-31	Common Stock	M	2800	$22.42	Acquired	19610.2557	Direct
2018-12-31	Common Stock	S	2800	$55.0027	Disposed	16810.2557	Direct
2018-12-31	Common Stock	M	6780	$23.96	Acquired	23590.2557	Direct
2018-12-31	Common Stock	S	6780	$55.0027	Disposed	16810.2557	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-28	Stock Option (right to buy)	$22.42	M	200	Disposed	2020-05-18	Common Stock (200.0)	Direct
2018-12-31	Stock Option (right to buy)	$22.42	M	2800	Disposed	2020-05-18	Common Stock (2800.0)	Direct
2018-12-31	Stock Option (right to buy)	$23.96	M	6780	Disposed	2023-02-15	Common Stock (6780.0)	Direct

Footnotes

F1: Transaction pursuant to a 10b5-1 contract.

F2: This transaction was executed in multiple trades at prices ranging from $55 to $55.055. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.

F3: All options currently exercisable.