SEC Form 4 · accession 0000101199-15-000333
UNITED FIRE GROUP INC · UFCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neal R Scharmer
Officer — VP/General Counsel/Corp Sec
Period of report
Oct 26, 2015
Accepted (ET)
Oct 26, 2015 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000101199
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 26, 2015 | J | 5,000 | $35.23 | A | 16,342 | D | |
| Common StockF2 | Oct 26, 2015 | J | 5,000 | $38.00 | D | 11,342 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $35.23 | Oct 26, 2015 | M | 5,000 | D | — | Feb 16, 2017 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Reporting person exercised options via a 10b5-1 contract during the current blackout period.
- F2The total number of securities beneficially held directly by the Reporting Person (excluding fractionals) following the reported transaction includes: 3,355 shares held by Mr. Scharmer; 1,974 shares of restricted stock issued under the Issuer's Stock Plan which vest, subject to certain conditions, on 02/18/2016; 1,446 shares of restricted stock issued under the Issuer's Stock Plan which vest, subject to certain conditions, on 02/15/2018; and 2,484 shares of restricted stock issued under the Issuer's Stock Plan which vest, subject to certain conditions, on 02/21/2019; and 2,083 shares of restricted stock issued under the Issuer's Stock Plan which vest, subject to certain conditions, on 02/20/2020.
- F3All options currently exercisable.