Filing Details
- Accession Number:
- 0001209191-11-014307
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2011-03-02 15:36:54
- Reporting Period:
- 2011-02-15
- Filing Date:
- 2011-03-02
- Accepted Time:
- 2011-03-02 15:36:54
- Original Submission Date:
- 2011-02-22
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 101199 | United Fire & Casualty Co | UFCS | Fire, Marine & Casualty Insurance (6331) | 420644327 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1451182 | E David Conner | 118 Second Avenue Se P.o. Box 73909 Cedar Rapids IA 52407-3909 | Vp/Chief Claims Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2011-02-15 | 6 | $19.73 | 1,217 | No | 5 | P | Indirect | By 401(k) Plan for Self |
| Common Stock | Acquisiton | 2011-02-18 | 1,875 | $20.54 | 3,101 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | P | Indirect | By 401(k) Plan for Self |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Acquisiton | 2011-02-18 | 4,809 | $0.00 | 4,809 | $20.54 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 4,809 | 2021-02-18 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 287 | Indirect | By Issuer's Employee Stock Ownership Plan for Self |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | $22.42 | 2020-05-19 | 3,000 | 3,000 | Direct | |
| Common Stock | Stock Option (right to buy) | $33.43 | 2018-05-21 | 4,485 | 4,485 | Direct | |
| Common Stock | Stock Option (right to buy) | $35.23 | 2017-02-16 | 5,000 | 5,000 | Direct | |
| Common Stock | Stock Option (right to buy) | $39.13 | 2016-02-17 | 2,500 | 2,500 | Direct | |
| Common Stock | Stock Option (right to buy) | $32.39 | 2015-02-18 | 2,500 | 2,500 | Direct | |
| Common Stock | Stock Option (right to buy) | $21.66 | 2014-02-20 | 1,000 | 1,000 | Direct | |
| Common Stock | Stock Option (right to buy) | $15.85 | 2013-02-21 | 1,000 | 1,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2020-05-19 | 3,000 | 3,000 | Direct |
| 2018-05-21 | 4,485 | 4,485 | Direct |
| 2017-02-16 | 5,000 | 5,000 | Direct |
| 2016-02-17 | 2,500 | 2,500 | Direct |
| 2015-02-18 | 2,500 | 2,500 | Direct |
| 2014-02-20 | 1,000 | 1,000 | Direct |
| 2013-02-21 | 1,000 | 1,000 | Direct |
Footnotes
- The deemed execution date of this transaction is the statement date as provided by the Company's 401(k)Plan trustee/administrator.
- Shares acquired through payroll deduction and participation in Company'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 Company's 401(k)Plan for the reporting person's benefit, based on a statement of the plan trustee/administrator.
- The price per share is based on a statement provided by the Company's 401(k) Plan trustee/administrator.
- The number of securities shown as being held in or acquired by the Company 401(k) account for Mr. Conner's benefit are the approximate number of shares of common stock for which Mr. Conner has the right to direct the vote under the 401(k) plan. Such shares are not directly allocated to plan participants, but are instead held in a unitized fund consisting primarily of common stock, together with a small percentage of short-term investments. Participants acquire units of this fund.
- The total number of securities beneficially held directly by the reporting person following the reported transaction includes: 1,875 shares of restricted stock issued under the Company's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016 and 1,226 shares of restricted stock issued under the Company's 2008 Stock Plan which vest, subject to certain conditionson 05/21/2013.
- The exercise price of these stock options represents the closing price of issuer's common stock on the grant date.
- 4,809 options become exercisable in four equal installments of 962 options each on 02/18/2012, 02/18/2013, 02/18/2014 and 02/18/2015 and one installment of 961 options exercisable on 02/18/2016.
- 3,000 options become exercisable in five equal installments of 600 option shares each on 05/19/2011, 05/19/2012, 05/19/2013, 05/19/2014 and 05/19/2015.
- 1,794 options currently exercisable and 2,691 options become exercisable in three equal installments of 897 options shares each on 05/21/2011, 05/21/2012 and 05/21/2013.
- 4,000 options currently exercisable and 1,000 options become exercisable on 02/16/2012.
- All options currently exercisable.
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