SEC Form 5 · accession 0001567619-19-003495
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
Dec 31, 2018
Accepted (ET)
Feb 13, 2019 · 11:02 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 | Jan 29, 2018 | G | 1,351 | $0.00 | D | 204,909 | I | By First Southern Bancorp, Inc. |
| Common StockF3,F5 | Aug 2, 2018 | G | 325 | $0.00 | D | 204,909 | I | By First Southern Bancorp, Inc. |
| Common Stock | holding | — | — | — | 54,827 | D | ||
| Common StockF1 | holding | — | — | — | 346,032 | I | By First Southern Funding, LLC | |
| Common StockF2 | holding | — | — | — | 72,750 | I | By WCorrell, Limited Partnership | |
| Common StockF6 | holding | — | — | — | 1,201,876 | I | By First Southern Holdings, LLC | |
| Common StockF7 | holding | — | — | — | 13,558 | I | Estate of Ward 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.
- F4This transaction is being reported to reflect a gift of First Southern Bancorp, Inc. shares by the reporting person. The reporting person gifted 20,367 shares (0.66% of those outstanding) on January 29, 2018. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his 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 4,863 shares (0.16% of those outstanding) on August 2, 2018. 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 note (3). The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F7The 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.