Filing Details

Accession Number:
0001209191-13-054555
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-12-02 11:11:14
Reporting Period:
2013-11-29
Filing Date:
2013-12-02
Accepted Time:
2013-12-02 11:11:14
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
1203171 A John Rife 118 Second Avenue Se
P.o. Box 73909
Cedar Rapids IA 52407-3909
Yes No 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 2013-11-29 4,705 $21.66 31,368 No 4 M Direct
Common Stock Disposition 2013-11-29 4,705 $30.00 26,663 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2013-11-29 4,705 $0.00 4,705 $21.66
Common Stock Phantom Stock Acquisiton 2013-11-29 256 $29.33 256 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,000 2014-02-20 No 4 M Direct
780 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 8,114 Indirect See footnote #4
Footnotes
  1. This transaction represents the exercise and simultaneous sale of vested, non-qualified stock options by the Reporting Person under a preapproved 10b5-1 trading plan. The shares received by the Reporting Person upon exercise of these options were issued from the reserve account established with the Issuer's transfer agent for such purpose and were previously registered with theSEC.
  2. The number of shares (excluding fractionals) beneficially held directly by the Reporting Person after the reported transaction includes: 25,661 shares held jointly by Mr. Rife and his wife, 5,287 shares held directly by Mr. Rife; and 420 shares of restricted stock issued to Mr. Rife under the Issuer's 2005 Non-Qualified Non-Employee Stock Option and Restricted Stock Plan which vest,subject to certain conditions, on May 15, 2014.
  3. The number of shares (excluding fractionals) beneficially held directly by the Reporting Person after the reported transaction includes: 25,661 shares held jointly by Mr. Rife and his wife, 582 shares held directly by Mr. Rife; and 420 shares of restricted stock issued to Mr. Rife under the Issuer's 2005 Non-Qualified Non-Employee Stock Option and Restricted Stock Plan which vest,subject to certain conditions, on May 15, 2014.
  4. The number of shares (excluding frationals) beneficially held indirectly by the Reporting Person after the reported transaction includes: 6,373 shares held in an individual retirement account for Mr. Rife's benefit; 1,325 shares held individually by Mr. Rife's spouse; and 416 shares held in a SEP individual retirment account for Mr. Rife's benefit.
  5. All options currently exercisable.
  6. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash, in one lump sum or prorated over five year, at the election of the Reporting Person, upon the Reporting Person's termination of service as a director.
  7. Phantom stock shares acquired through participation in the Issuer's 2012 Deferred Compensation Plan for United Fire Group, Inc. Non-Employee Directors.
  8. The price per share is the average closing price of the Issuer's common stock during the month of the reported transaction.