SEC Form 5/A · accession 0001140361-15-012610
UTG INC · UTGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 5/A). It replaces an earlier filing for the same period.
Reporting owner
Jesse T Correll
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Dec 31, 2014
Accepted (ET)
Mar 19, 2015 · 1:21 pm EDT
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 StockF1,F2 | May 1, 2014 | G | 2,804 | $0.00 | D | 341,997 | I | By First Southern Funding, LLC |
| Common StockF4,F5 | May 1, 2014 | G | 2,479 | $0.00 | D | 204,909 | I | By First Southern Bancorp, Inc. |
| Common StockF3 | holding | — | — | — | 72,750 | I | By WCorrell Limited Partnership | |
| Common StockF6 | holding | — | — | — | 1,201,876 | I | By First Southern Holding, 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.
- F2This transaction is being reported to reflect gifts of First Southern Funding, LLC membership interest by the reporting person. On May 1, 2014, the reporting person gifted membership units representing 0.81% of the total outstanding membership units in First Southern Funding, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F3The 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.
- F4The 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 this pecuniary interest therein.
- F5This 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.
- F6The reporting person is the President and First Southern Bancorp, Inc. 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.