SEC Form 4 · accession 0001140361-16-082809
UTG INC · UTGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jesse T Correll
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Oct 13, 2016
Accepted (ET)
Oct 14, 2016 · 5:24 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 | Oct 13, 2016 | J | 329 | — | A | 204,909 | I | By First Southern Bancorp, Inc. |
| Common Stock | holding | — | — | — | 42,942 | D | ||
| Common Stock | holding | — | — | — | 1,201,876 | I | By First Southern Holdings, LLC | |
| Common Stock | holding | — | — | — | 341,997 | I | By First Southern Funding, LLC | |
| Common Stock | holding | — | — | — | 72,750 | I | By WCorrell Limited Partnership | |
| Common Stock | holding | — | — | — | 13,324 | I | Estate of Ward F. Correll |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities are held by First Southern Bancorp, Inc., a corporation of which the reporting person is the Chairman and President. On October 13, 2016, the reporting person acquired 5,007 shares of First Southern Bancorp, Inc. for an aggregate purchase price of $138,944.25. The reporting person disclaims beneficial ownership of the UTG common stock held by First Southern Bancorp, Inc. except to the extent of his pecuniary interest therein.