UNITED FIRE GROUP INC 4
4 · UNITED FIRE GROUP INC · Filed Mar 17, 2015
Insider Transaction Report
Form 4
RIFE JOHN A
DirectorPres - United Life Ins. Co.
Transactions
- Award
Common Stock
2015-03-16$30.21/sh+56$1,692→ 8,448 total(indirect: See footnote #1) - Award
Phantom Stock
2015-03-16$30.21/sh+16.892$510→ 2,568.423 total→ Common Stock (16.892 underlying)
Footnotes (4)
- [F1]The number of shares (excluding frationals) beneficially held indirectly by the Reporting Person includes: 6,635 shares held in an individual retirement account for Mr. Rife's benefit; 1,379 shares heldindividually by Mr. Rife's spouse; and 434 shares held in a SEP individual retirement account for Mr. Rife's benefit.
- [F2]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.
- [F3]Share acquired through participation in the United Fire Group, Inc. Deferred Compensation Plan for Non-Employee Directors.
- [F4]The price per share is the closing price of the Issuer's common stock on the date of the reported transaction.