UNITED FIRE GROUP INC 4
4 · UNITED FIRE GROUP INC · Filed Sep 17, 2014
Insider Transaction Report
Form 4
RIFE JOHN A
DirectorPres - United Life Ins. Co.
Transactions
- Other
Common Stock
2014-09-15$28.49/sh+59$1,681→ 8,333 total(indirect: See footnote #1) - Award
Phantom Stock
2014-09-15$28.49/sh+11.999$342→ 1,721.229 total→ Common Stock (11.999 underlying)
Footnotes (3)
- [F1]Shares acquired through participation in Issuer's dividend reinvestment program.
- [F2]The number of shares (excluding frationals) beneficially held indirectly by the Reporting Person includes: 6,545 shares held in an individual retirement account for Mr. Rife's benefit; 1,359 shares held individually by Mr. Rife's spouse; and 428 shares held in a SEP individual retirement account for Mr. Rife's benefit.
- [F3]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 overfive years, at the election of the Reporting Person, upon the Reporting Person's termination of service as a director.