SEC Form 4 · accession 0000101199-16-000472
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
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 4:18 pm EST
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 StockF2 | Feb 19, 2016 | A | 2,081 | $39.91 | A | 13,441 | 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 | $39.91 | Feb 19, 2016 | A | 9,859 | A | — | Feb 19, 2026 | Common Stock | 9,859 | 9,859 | D |
Explanation of responses
- F1This transaction represents a grant of restricted stock shares to the Reporting Person under the Issuer's Stock Plan.
- F2The price per share is the closing price of the Issuer's common stock on the date of the reported transaction.
- F3Options become vested and exercisable in equal installments on 02/19/2017, 02/19/2018, 02/19/2019, 02/19/2020 and 02/19/2021, respectively.