SEC Form 4 · accession 0000101199-17-000010
UNITED FIRE GROUP INC · UFCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Wilkins
Officer — Executive Vice President & COO
Period of report
Feb 24, 2016
Accepted (ET)
Feb 2, 2017 · 4:26 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 Stock | Feb 24, 2016 | M | 5,000 | $35.23 | A | 31,242 | D | |
| Common Stock | Feb 24, 2016 | M | 3,000 | $20.54 | A | 34,242 | D | |
| Common Stock | Feb 24, 2016 | M | 1,500 | $22.42 | A | 35,742 | D | |
| Common Stock | Feb 24, 2016 | M | 4,000 | $33.43 | A | 39,742 | D | |
| Common Stock | Feb 24, 2016 | M | 3,999 | $23.96 | A | 43,741 | D | |
| Common StockF1 | Feb 24, 2016 | S | 14,499 | $41.4108 | D | 29,242 | 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)F2 | $35.23 | Feb 24, 2016 | M | 5,000 | D | — | Feb 16, 2017 | Common Stock | 5,000 | 0 | D |
| Stock Option (right to buy)F2 | $20.54 | Feb 24, 2016 | M | 3,000 | D | — | Feb 18, 2021 | Common Stock | 3,000 | 6,467 | D |
| Stock Option (right to buy)F2 | $22.42 | Feb 24, 2016 | M | 1,500 | D | — | May 19, 2020 | Common Stock | 1,500 | 1,500 | D |
| Stock Option (right to buy)F2 | $33.43 | Feb 24, 2016 | M | 4,000 | D | — | May 21, 2018 | Common Stock | 4,000 | 4,463 | D |
| Stock Option (right to buy)F3 | $23.96 | Feb 24, 2016 | M | 3,999 | D | — | Feb 15, 2023 | Common Stock | 3,999 | 5,999 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $41.36 to $41.78. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
- F2All options currently exercisable.
- F35999 options currently exercisable. Remaining options vest and become exercisable in equal installments on 2/15/2017 and 2/15/2018, respectively.