Sarah E. Madsen - Feb 24, 2023 Form 4 Insider Report for UNITED FIRE GROUP INC (UFCS)

Signature
Todd McManus, as attorney in fact for Madsen Sarah E.
Stock symbol
UFCS
Transactions as of
Feb 24, 2023
Transactions value $
$55,502
Form type
4
Date filed
3/2/2023, 03:30 PM
Previous filing
Feb 23, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UFCS Common Stock Award $55.5K +1.96K +204.28% $28.39 2.91K Feb 24, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UFCS Stock Options (Right to buy) Award $0 +4.98K $0.00 4.98K Feb 24, 2023 Common Stock 4.98K $28.39 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU Grant for 2023 LTIP vesting in full (and with no part of the RSU vesting prior to) the third anniversary of the date on which the RSUs are granted
F2 Options vesting in three (3) equal annual installments, on the anniversary of the date on which the stock options are granted