SEC Form 4 · accession 0000101199-18-000087
UNITED FIRE GROUP INC · UFCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dawn M Jaffray
Officer — SVP/Chief Financial Officer
Period of report
Jun 6, 2018
Accepted (ET)
Jun 8, 2018 · 2:26 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 | Jun 6, 2018 | M | 6,317 | $39.91 | A | 16,155 | D | |
| Common Stock | Jun 6, 2018 | M | 1,602 | $41.32 | A | 17,757 | D | |
| Common Stock | Jun 6, 2018 | M | 2,467 | $42.27 | A | 20,224 | D | |
| Common StockF2 | Jun 6, 2018 | S | 2,986 | $55.582 | D | 17,238 | D | |
| Common StockF3 | Jun 6, 2018 | S | 7,400 | $55.1853 | D | 9,838 | 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)F4 | $39.91 | Jun 6, 2018 | M | 6,317 | D | — | Feb 19, 2026 | Common Stock | 6,317 | 9,475 | D |
| Stock Option (right to buy)F5 | $41.32 | Jun 6, 2018 | M | 1,602 | D | — | Feb 17, 2027 | Common Stock | 1,602 | 6,407 | D |
| Stock Option (right to buy)F6 | $42.27 | Jun 6, 2018 | M | 2,467 | D | — | Mar 24, 2027 | Common Stock | 2,467 | 4,935 | D |
Explanation of responses
- F1Transaction pursuant to a 10b5-1 contract.
- F2This transaction was executed in multiple trades at prices ranging from $55.42 to $56.42. 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.
- F3This transaction was executed in multiple trades at prices ranging from $55.00 to $55.41. 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.
- F4This option grant vests one-fifth on each of the first five anniversaries of the 2/19/2016 grant date.
- F5This option grant vests one-fifth on each of the first five anniversaries of the 2/17/2017 grant date.
- F6This option grant vests one-third on each of the first three anniversaries of the 3/24/2017 grant date.