4//SEC Filing
UNITED FIRE GROUP INC 4
Accession 0001209191-13-041723
$UFCSCIK 0000101199operating
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 2:27 PM ET
Size
18.3 KB
Accession
0001209191-13-041723
Insider Transaction Report
Form 4
Lyons Dianne M
VP/Chief Financial Officer
Transactions
- Sale
Common Stock
2013-08-21$31.72/sh−1,800$57,092→ 8,628 total - Sale
Common Stock
2013-08-22$29.78/sh−3,482$103,684→ 8,628 total - Exercise/Conversion
Stock Option (right to buy)
2013-08-22−3,482→ 5,222 totalExercise: $20.54Exp: 2021-02-18→ Common Stock (3,482 underlying) - Exercise/Conversion
Common Stock
2013-08-22$20.54/sh+3,482$71,520→ 12,110 total - Exercise/Conversion
Stock Option (right to buy)
2013-08-21−1,800→ 1,200 totalExercise: $22.42Exp: 2020-05-19→ Common Stock (1,800 underlying) - Exercise/Conversion
Common Stock
2013-08-21$22.42/sh+1,800$40,356→ 10,428 total
Holdings
- 1,388(indirect: By Issuer's Employee Stock Ownership Plan for Self)
Common Stock
- 3,643(indirect: By 401(k))
Common Stock
Footnotes (8)
- [F1]This transaction represents the exercise and sale of vested, non-qualified stock options under a preapproved 10b-5 trading plan.
- [F2]The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 4,236 shares held individually by Ms. Lyons; 3,580 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 2,612 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/15/2018.
- [F3]The price per share represents the average market price of the shares sold upon option exercise as reported by the Reporting Person's broker.
- [F4]The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 2,436 shares held individually by Ms. Lyons; 3,580 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 2,612 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/15/2018.
- [F5]The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 5,918 shares held individually by Ms. Lyons; 3,580 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/18/2016; 2,612 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/15/2018.
- [F6]The number of securities shown as being held in, acquired or disposed of by the Issuer's 401(k) Plan for the Reporting Person's benefit are the approximate number of shares of common stock (excluding fractionals) for which the Reporting Person has the right to direct the vote under the Issuer's 401(k) Plan. Such shares are not directly allocated to 401(k) Plan participants, but are instead held in a unitized fund consisting primarily of common stock, together with a small percentage of short-term investments. 401(k) Plan participants acquire units of this fund.
- [F7]1,800 options currently exercisable and 1,200 options become exercisable in equal installments of 600 option shares each on 05/19/2014 and 05/19/2015.
- [F8]3,482 options currently exercisable; 3,482 options become exercisable in two equal installments of 1,741 options each on 02/18/2014 and 02/18/2015; and 1740 options become exercisable on 02/18/2016.
Documents
Issuer
UNITED FIRE GROUP INC
CIK 0000101199
Entity typeoperating
Related Parties
1- filerCIK 0000101199
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 2:27 PM ET
- Size
- 18.3 KB