Unum Group — Director's Dealing 2003

Dec 15, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNUMPROVIDENT CORP (UNM)
CIK: 0000005513
Period of Report: 2003-12-12

Reporting Person: WATJEN THOMAS R (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-12	2003 (Dec 12) Stock Options	$14.86	A	200000	Acquired	2011-12-12	Common Stock (200000.00)	Direct
2003-12-12	2003 (Dec 12) Stock Options	$18.00	A	200000	Acquired	2011-12-12	Common Stock (200000.00)	Direct
2003-12-12	2003 (Dec 12) Stock Options	$21.00	A	200000	Acquired	2011-12-12	Common Stock (200000.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	425273.00	Direct
Common Stock	8839.00	Indirect

Footnotes

F1: This amount includes: Employee Stock Purchase Plan - 304 shares; restricted stock - 161,350 shares; and shares owned (direct) outside of any plan - 263,619 shares.

F2: Vesting of these options is as follows: 66,666 on 12/12/2004; 66,667 on 12/12/2005; and 66,667 on 12/12/2006.