SEC Form 4 · accession 0001140361-16-063526
ATLANTIC AMERICAN CORP · AAME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hilton H Howell Jr.
Officer — Chairman, President & CEO · Director
Period of report
May 3, 2016
Accepted (ET)
May 5, 2016 · 2:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008177
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 3, 2016 | A | 10,000 | $0.00 | A | 501,954 | D | |
| Common StockF1,F3 | May 3, 2016 | A | 10,000 | $0.00 | A | 63,100 | I | By Spouse |
| Common StockF2 | holding | — | — | — | 221,681 | I | By 401(k) Plan | |
| Common StockF4 | holding | — | — | — | 168,200 | I | Trust F/B/O Children | |
| Common StockF5 | holding | — | — | — | 190,356 | I | Trust F/B/O Children |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents grant of restricted stock, which vests in full on May 1, 2017.
- F2Based on most recent plan statement.
- F3Mr. Howell has an indirect interest in the following shares owned directly or indirectly by his spouse, Robin R. Howell: 22,925 shares owned directly; 2,175 shares owned in an IRA account and 38,000 shares held indirectly by her as custodian for their children. Mr. Howell disclaims beneficial ownership of all such shares.
- F4Shares held in a trust for the benefit of Mr. Howell's children and over which Mr. Howell's mother-in-law serves as trustee. Mr. Howell disclaims beneficial ownership of all such shares.
- F5Shares held in a trust for the benefit of Mr. Howell's children and over which Mr. Howell's mother-in-law serves as trustee. Mr. Howell disclaims beneficial ownership of all such shares.