SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
EVANS JACK

(Last) (First) (Middle)
118 SECOND AVENUE SE
P.O. BOX 73909

(Street)
CEDAR RAPIDS IA 52407-3909

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNITED FIRE GROUP INC [ UFCS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/21/2014 A 1,286 A $0.00 34,194(1) D
Common Stock 05/22/2014 M 1,519 A (2) 35,713(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $22.46 05/22/2014 M 545 (4) 05/19/2020 Common Stock 545 $0.00 546 D
Stock Option (right to buy) $20.4 05/22/2014 M 545 (5) 05/19/2014 Common Stock 545 $0.00 1,090 D
Stock Option (right to buy) $21.095 05/22/2014 M 429 (6) 05/16/2022 Common Stock 429 $0.00 1,287 D
Explanation of Responses:
1. The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 32,908 held directly by the Reporting Person and 1,286 shares of restricted stock issued under the Issuer's 2005 Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan which vest, subject to certain conditions, on May 21, 2017.
2. Represents 545 options exercised at $20.40 per share; 545 options exercised at 22.46 per shares; and 429 options exercised at $21.095 per share.
3. The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 34,427 held directly by the Reporting Person and 1,286 shares of restricted stock issued under the Issuer's 2005 Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan which vest, subject to certain conditions, on May 21, 2017.
4. Includes 545 options currently exercisable and 546 options becoming exercisable on 5/19/2015.
5. Includes 545 options currently exercisable and 1,090 options becoming execisable in two equal installments of 545 options each on 2/13/2015 and 2/18/2016.
6. Includes 429 options currently exercisable and 1,287 options become exercisable in three equal installments of 429 options each on 05/16/2015, 05/16/2016 and 05/16/2017.
Remarks:
/s/ Jack B. Evans by Dianne M. Lyons, Attorney-in-Fact 05/23/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.