Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Seibel Donald
2. Date of Event Requiring Statement (Month/Day/Year)
08/23/2012
3. Issuer Name and Ticker or Trading Symbol
FBL FINANCIAL GROUP INC [FFG]
(Last)
(First)
(Middle)
5400 UNIVERSITY AVENUE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CFO & Treasurer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WEST DES MOINES, IA 50266
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock (1) 13,484
D
 
Class A Common Stock 1,210.541
I
By Trust (6)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) 01/15/2005(2) 01/15/2014 Class A Common Stock 3,322 $ 25.6 D  
Incentive Stock Option (right to buy) 01/17/2006(2) 01/17/2015 Class A Common Stock 4,573 $ 26.35 D  
Incentive Stock Option (right to buy) 01/16/2007(2) 01/16/2016 Class A Common Stock 1,943 $ 32.56 D  
Incentive Stock Option (right to buy) 01/15/2008(2) 01/15/2017 Class A Common Stock 5,797 $ 37.86 D  
Non-Qualified Stock Option (right to buy) 01/15/2008(2) 01/15/2017 Class A Common Stock 490 $ 37.86 D  
Incentive Stock Option (right to buy) 01/15/2009(2) 01/15/2018 Class A Common Stock 5,083 $ 32.96 D  
Non-Qualified Stock Option (right to buy) 01/15/2009(2) 01/15/2018 Class A Common Stock 4,001 $ 32.96 (7) D  
Incentive Stock Option (right to buy) 01/15/2010(2) 01/15/2019 Class A Common Stock 4,001 $ 12.9 D  
Non-Qualified Stock Option (right to buy) 01/15/2010(2) 01/15/2019 Class A Common Stock 5,991 $ 12.9 D  
Incentive Stock Option (right to buy) 01/15/2011(2) 01/15/2020 Class A Common Stock 4,213 $ 18.62 D  
Non-Qualified Stock Option (right to buy) 01/15/2011(2) 01/15/2020 Class A Common Stock 4,394 $ 18.62 D  
Incentive Stock Option (right to buy) 01/14/2012(2) 01/14/2021 Class A Common Stock 3,292 $ 29.23 D  
Non-Qualified Stock Option (right to buy) 01/14/2012(2) 01/14/2021 Class A Common Stock 2,194 $ 29.23 D  
Incentive Stock Option (right to buy) 02/17/2012(2) 02/17/2021 Class A Common Stock 63 $ 30.6 D  
Non-Qualified Stock Option (right to buy) 02/17/2012(2) 02/17/2021 Class A Common Stock 41 $ 30.6 D  
Restricted Stock Units (Cash Settled) (8) 08/08/1988(3) 08/08/1988(3) Class A Common Stock 444.114 $ 0 (7) D  
Deferred Stock Units 08/08/1988(4) 08/08/1988(4) Class A Common Stock 5,833.757 $ 0 (7) D  
Restricted Stock Units (Cash Settled) 02/01/2013(5) 02/01/2017(5) Class A Common Stock 3,679 $ 0 (7) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Seibel Donald
5400 UNIVERSITY AVENUE
WEST DES MOINES, IA 50266
      CFO & Treasurer  

Signatures

Robert Simons per filed confirming statement 08/29/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reporting person was granted 8,206 shares of performance based restricted stock with performance criteria to be achieved by the company in 2010. The Management Development and Compensation Committee confirmed the performance criteria were met, which resulted in 100 percent attainment. Forfeiture restrictions on the reported shares will lapse upon continued employment of the reporting person through 3 years after the grant date.
(2) Shares become exercisable annually, beginning one year from the date of grant, pro-rata during a five year period, subject to compliance with annual dollar limits for incentive stock option grants.
(3) The cash settled RSU's were accrued under the FBL Financial Group, Inc. Executive Salary and Bonus Deferred Compensation Plan. Each cash settled RSU is the economic equivalent of one share of FBL Financial Group, Inc. Class A Common Stock. The units of cash settled RSU's will be settled in cash upon the reporting person's conclusion of service or a date specified by the reporting person.
(4) The deferred stock units were accrued under the FBL Financial Group, Inc. Executive Salary and Bonus Deferred Compensation Plan and are to be settled upon the conclusion of service or a date specified by the reporting person.
(5) Each unit of cash settled RSU is the economic equivalent of one share of FBL Financial Group, Inc. Class A Common Stock. The units of cash settled RSU's will be settled in cash on each vesting date. The units vest 20% on each of the first five anniversaries of the grant date. 20% of the units will be exercisable and expire on each vest date.
(6) The reporting person holds 1,210.541 shares in a company sponsored 401(k) plan. Ownership form is indirect and the nature of the indirect beneficial ownership is by Trust.
(7) None.
(8) These cash settled RSU's were acquired pursuant to the company's Executive Salary and Bonus Deferred Compensation Plan at prices ranging from $25.54 to $34.42, inclusive. The reporting person undertakes to provide FBL Financial Group Inc., any security holder of FBL Financial Group, Inc., or the staff of the Security and Exchange Commission upon request, full information regarding the number of RSU's purchased at each separate price within the range set forth in this footnote (8) to this Form 3.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.