SEC Form 5 · accession 0001140361-15-005747
UTG INC · UTGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Jesse T Correll
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Dec 31, 2014
Accepted (ET)
Feb 12, 2015 · 11:19 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000832480
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F4 | May 1, 2014 | G | 2,479 | $0.00 | D | 204,909 | I | By First Southern Bancorp, Inc. |
| Common StockF1 | holding | — | — | — | 341,997 | I | By First Southern Funding, LLC | |
| Common StockF2 | holding | — | — | — | 72,750 | I | By WCorrell Limited Partnership | |
| Common StockF5 | holding | — | — | — | 1,201,876 | I | By First Southern Holdings, LLC | |
| Common Stock | holding | — | — | — | 32,625 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person is President and manager of First Southern Funding, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F2The reporting person is the managing general partner of WCorrell, Limited Partnership. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F3The reporting person is Chairman and President of First Southern Bancorp, Inc. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F4This transaction is being reported to reflect a gift of First Southern Bancorp, Inc. shares by the reporting person. The reporting person gifted 39,809 shares (1.21% of those outstanding) on May 1, 2014. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F5The reporting person is the President of First Southern Bancorp, Inc. which is a 99% member of First Southern Holdings, LLC. See notes (3) and (4). The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.