Filing Details
- Accession Number:
- 0001140361-15-024404
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-06-16 15:33:36
- Reporting Period:
- 2015-06-15
- Filing Date:
- 2015-06-16
- Accepted Time:
- 2015-06-16 15:33:36
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
8177 | Atlantic American Corp | AAME | Life Insurance (6311) | 581027114 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1196567 | J Harriett Robinson | 4370 Peachtree Road, N.e. Atlanta GA 30319 | Yes | No | Yes | Yes |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2015-06-15 | 10,000 | $0.00 | 823,760 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 300,000 | Indirect | By Delta Fire & Casualty Insurance Company |
Common Stock | 1,363,809 | Indirect | By Delta Life Insurance Company |
Common Stock | 3,756,746 | Indirect | By Gulf Capital Services |
Common Stock | 378,450 | Indirect | As Trustee |
Common Stock | 428,301 | Indirect | As Trustee |
Common Stock | 3,953,256 | Indirect | As Trustee |
Common Stock | 4,088,792 | Indirect | As Trustee |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Series D Preferred Stock | $0.00 | 1,378,446 | 55,000 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
1,378,446 | 55,000 | Indirect |
Footnotes
- Shares were purchased in multiple open market transactions on June 15, 2015 at a weighted average purchase price of $3.56 per share. The per share price in each transaction ranged from $3.52 to $3.58. The reporting person undertakes to provide to Atlantic American Corporation, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- Shares owned by an entity controlled by Mrs. Robinson. Mrs. Robinson disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein.
- Mrs. Robinson has an indirect interest in the 3,756,746 shares owned by Gulf Capital Services, an entity in which she holds a 24% interest, with the remaining interests being held in equal amounts by trusts for the benefit of her two daughters, and of which she serves as trustee. Mrs. Robinson disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein, if any.
- Mrs. Robinson serves as trustee of a trust for the benefit of her grandchildren. Mrs. Robinson disclaims beneficial ownership of such shares except to the extent of her pecuniary interests therein.
- Mrs. Robinson serves as trustee of a trust for the benefit of her daughter, Robin R. Howell. Mrs. Robinson disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein.
- Mrs. Robinson serves as trustee of a trust for the benefit of her daughter, Jill Robinson. Mrs. Robinson disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein.
- The Series D Preferred Stock is convertible into common stock at a per share price of $3.99, subject to certain anti-dilution provisions, provided that in no case may the conversion price be less than $2.59 per share without the prior approval of the Company's shareholders. Such shares are owned by Delta Life Insurance Company and Mrs. Robinson disclaims beneficial ownership of such shares.
- The Series D Preferred Stock was convertible into common stock upon issuance and has no expiration date.