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Filing Details

Accession Number:: 0001209191-14-013546
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-02-24 17:04:02
Reporting Period:: 2014-02-14

Filing Date:: 2014-02-24
Accepted Time:: 2014-02-24 17:04:02
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
101199	United Fire Group Inc	UFCS	Fire, Marine & Casualty Insurance (6331)	452302834

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1451184	R Neal Scharmer	118 Second Avenue Se P.o. Box 73909 Cedar Rapids IA 52407-3909	Vp/General Counsel/Corp Sec	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2013-02-21	2,484	$29.61	9,104	No	4	A	Direct
Common Stock	Acquisiton	2014-02-14	6	$27.37	791	No	5	P	Indirect	By 401(k) Plan for Self

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	5	P	Indirect	By 401(k) Plan for Self

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common	Stock Option (right to buy)	Acquisiton	2014-02-21	8,041	$0.00	8,041	$29.61

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
8,041		2024-02-21	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	829	Indirect	By Issuer's Employee Stock Ownership Plan for self

Footnotes

This transaction represents a grant of restricted stock to the Reporting Person under the Issuer's 2008 Stock Plan.
The price per share is the closing price of the Issuer's common stock on the date of the reported transaction.
The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 3,200 shares held by Mr. Scharmer; 1,974 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 1,446 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/15/2018; and 2,484 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/21/2019.
The deemed execution date of this transaction is the statement date as provided by the Issuer's 401(k)Plan trustee/administrator.
Shares acquired through payroll deduction and participation in Issuer's 401(k) Plan.
This transaction qualifies as a non-discretionary transaction from a tax-qualified plan and is voluntarily reported on Form 4.
Represents the approximate number of shares acquired by the trustee/administrator of the Issuer's 401(k)Plan for the Reporting Person's benefit, based on a statement of the 401(k)Plan trustee/administrator.
The price per share is based on a statement provided by the Issuer's 401(k) Plan trustee/administrator.
The number of securities shown as being held in or acquired or disposed of by the Issuer's 401(k) account for the Reporting Person's benefit are the approximate number of shares of common stock for which the Reporting Person has the right to direct the vote under the Issuer's 401(k) plan. Such shares are not directly allocated to 401(k) plan participants, but are instead held in a unitized fund consisting primarily of common stock, together with a small percentage of short-term investments. 401(k) Plan participants acquire units of this fund.
The exercise price of these stock options represents the closing price of issuer's common stock on the grant date.
8,041 options that become exercisable in four (4) equal installments of 1,608 options each on 02/21/2015, 02/21/2016, 02/21/2017 and 02/21/2018; and 1,609 options that become exercisable on 02/21/2019.