SEC Form 4 · accession 0000101199-15-000115
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
Mar 16, 2015
Accepted (ET)
Mar 17, 2015 · 5:32 pm EDT
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 | — | Mar 16, 2015 | A | 11 | A | — | — | Common Stock | 11 | 1,611 | 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 closing price of the Issuer's common stock on the date of the reported transaction.