UNITED FIRE GROUP INC 4
4 · UNITED FIRE GROUP INC · Filed Mar 3, 2014
Insider Transaction Report
Form 4
RIFE JOHN A
DirectorPres - United Life Ins. Co.
Transactions
- Other
Phantom Stock
2014-02-28$27.51/sh+272.592$7,499→ 1,058.131 total→ Common Stock (272.592 underlying)
Footnotes (3)
- [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]Phantom stock shares acquired through participation in the Issuer's 2012 Deferred Compensation Plan for United Fire Group, Inc. Non-Employee Directors.
- [F3]The price per share is the average closing price of the Issuer's common stock during the month of the reported transaction.