Filing Details

Accession Number:
0001209191-14-013541
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-24 17:01:05
Reporting Period:
2014-02-14
Filing Date:
2014-02-24
Accepted Time:
2014-02-24 17:01:05
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
1451189 W Barrie Ernst 118 Second Avenue Se
P.o. Box 73909
Cedar Rapids IA 52407-3909
Vp/Chief Investment 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 2014-02-21 2,937 $29.61 8,913 No 4 A Direct
Common Stock Acquisiton 2014-02-14 14 $27.37 5,683 No 5 P Indirect By 401(k) Account for Self
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 5 P Indirect By 401(k) Account for Self
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Acquisiton 2014-02-21 9,506 $0.00 9,506 $29.61
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,506 2024-02-21 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 435 Indirect By Issuer's Employee Stock Ownership Plan for self
Common Stock 1,086 Indirect By spouse
Footnotes
  1. This transaction represents a grant of restricted stock to the Reporting Person under the Issuer's 2008 Stock Plan.
  2. The price per share is the closing price of the Issuer's common stock on the date of the reported transaction.
  3. The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 1,329 shares of stock held individually by Mr. Ernst; 2,714 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 1,933 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/15/2018; and 2,937 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/21/2019.
  4. The deemed execution date of this transaction is the statement date as provided by the Issuer's 401(k)Plan trustee/administrator.
  5. Shares acquired through payroll deduction and participation in the Issuer's 401(k) Plan.
  6. This transaction qualifies as a non-discretionary transaction from a tax-qualified plan and is voluntarily reported on Form 4.
  7. 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 plan trustee/administrator.
  8. The price per share is based on a statement provided by the Issuer's 401(k) Plan trustee/administrator.
  9. The number of securities shown as being held in or acquired 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.
  10. The exercise price of these stock options represents the closing price of the Issuer's common stock on the grant date.
  11. 9,506 options that become exercisable in four (4) equal installments of 1,901 options each on 02/21/2015, 02/21/2016, 02/21/2017, 02/21/2018 and 1,902 options on 02/21/2019.