UNITED FIRE GROUP INC 4
4 · UNITED FIRE GROUP INC · Filed Sep 2, 2014
Insider Transaction Report
Form 4
RIFE JOHN A
DirectorPres - United Life Ins. Co.
Transactions
- Award
Phantom Stock
2014-08-29$29.02/sh+310.133$9,000→ 1,709.23 total→ Common Stock (310.133 underlying)
Footnotes (2)
- [F1]Each 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.
- [F2]The price per share is the average closing price of the Issuer's common stock during the month of the reported transaction.