Filing Details

Accession Number:
0001567619-21-004886
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-25 13:43:15
Reporting Period:
2021-02-23
Accepted Time:
2021-02-25 13:43:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
832480 Utg Inc UTGN Life Insurance (6311) 202907892
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1064892 T Jesse Correll First Southern Bancorp, Inc.
P. O. Box 328
Stanford KY 40484
Chairman & Ceo Yes Yes Yes No
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 Disposition 2021-02-23 1,083 $0.00 204,909 No 4 S Indirect By First Southern Bancorp, Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By First Southern Bancorp, Inc.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 54,822 Direct
Common Stock 400,000 Indirect By First Southern Funding, LLC
Common Stock 72,750 Indirect By WCorrell, Limited Partnership
Common Stock 1,201,876 Indirect By First Southern Holdings, LLC
Footnotes
  1. The 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.
  2. The 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.
  3. The 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.
  4. This transaction is being reported to reflect sales of First Southern Bancorp, Inc. shares by the reporting person. On February 23, 2021 the reporting person sold 27,650 shares (0.93% of those outstanding) at a price of $65.10 per First Southern Bancorp, Inc. share and sold 4,608 shares (0.15% of those outstanding) at a price of $43.40 per First Southern Bancorp, Inc. share. The shares of UTG, Inc. reported as sold represent 0.53% of the UTG shares owned by First Southern Bancorp, Inc. No separate price was stated for those shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  5. The 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.