SEC Form 4 · accession 0000101199-15-000093
UNITED FIRE GROUP INC · UFCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas M Hultquist
Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 2, 2015 · 10:18 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000101199
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F1 | — | Feb 27, 2015 | A | 212 | A | — | — | Common Stock | 212 | 1,600 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock. The shares of phantom stock become payable, in cash, in one lump sum or prorated over five years, at the election of the Reporting Person, upon the Reporting Person's termination of service as a director.
- F2Share acquired through participation in the United Fire Group, Inc. Deferred Compensation Plan for Non-Employee Directors.
- F3The price per share is the average closing price of the Issuer's common stock during the month of the reported transaction.