SEC Form 4 · accession 0001140361-17-013187
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
Mar 22, 2017
Accepted (ET)
Mar 24, 2017 · 2:49 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 Stock | Mar 22, 2017 | A | 6,285 | $0.00 | A | 49,227 | D | |
| Common StockF1 | holding | — | — | — | 341,997 | I | By First Southern Funding, LLC | |
| Common StockF2 | holding | — | — | — | 72,750 | I | By WCorrell Limited Partnership | |
| Common StockF3 | holding | — | — | — | 204,909 | I | By First Southern Bancorp, Inc. | |
| Common StockF4 | holding | — | — | — | 1,201,876 | I | By First Southern Holdings, LLC | |
| Common StockF5 | holding | — | — | — | 13,558 | I | Estate of Ward F. Correll |
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.
- F4The reporting person is the President and First Southern Bancorp, Inc. is a 99% member of First Southern Holdings, LLC. See note (3). The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F5The reporting person is Co-Executor of the Estate of Ward F. Correll. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.