HUTCHINS KENT J 4
4 · UNITED FIRE & CASUALTY CO · Filed Aug 16, 2010
Insider Transaction Report
Form 4
HUTCHINS KENT J
VP/COO - United Life Ins. Co.
Transactions
- Purchase
Common Stock
2010-08-13$20.00/sh+400$8,000→ 651 total(indirect: See footnote #1) - Purchase
Common Stock
2010-08-13$20.00/sh+500$10,000→ 1,151 total(indirect: See footnote #3)
Footnotes (3)
- [F1]The number of securities beneficially held by the reporting person following the reported transaction includes: approximately 109 shares held in a Company 401(k) account for Mr. Hutchins' benefit, based on a statement of the plan trustee; 142 shares held in the Company's Employee Stock Ownership Plan for Mr. Hutchins' benefit; and 400 shares held in an individual retirement account for Mr. Hutchins' benefit.
- [F2]The number of securities shown as being held in or acquired by the Company 401(k) account for Mr. Hutchins' benefit are the approximate number of shares of common stock for which Mr. Hutchins has the right to direct the vote under the 401(k) plan. Such shares are not directly allocated to plan participants, but are instead held in a unitized fund consisting primarily of common stock, together with a small percentage of short-term investments. Participants acquire units of this fund.
- [F3]The number of securities beneficially held by the reporting person following the reported transaction includes: approximately 109 shares held in a Company 401(k) account for Mr. Hutchins' benefit, based on a statement of the plan trustee; 142 shares held in the Company's Employee Stock Ownership Plan for Mr. Hutchins' benefit; and 900 shares held in an individual retirement account for Mr. Hutchins' benefit.