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Filing Details

Accession Number:: 0001567619-22-000287
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-01-04 17:17:43
Reporting Period:: 2021-12-31

Accepted Time:: 2022-01-04 17:17:43
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 P. O. Box 328 Stanford KY 40484	Chairman & Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-07-21	19	$0.00	54,803	No	5	G	Direct
Common Stock	Disposition	2021-07-21	1,039	$0.00	204,909	No	5	G	Indirect	By First Southern Bancorp, Inc.
Common Stock	Disposition	2021-12-31	701	$0.00	204,909	No	4	S	Indirect	By First Southern Bancorp, Inc.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	G	Direct
No	5	G	Indirect	By First Southern Bancorp, Inc.
No	4	S	Indirect	By First Southern Bancorp, Inc.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
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

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.
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.
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.
This transaction is being reported to reflect a gift of First Southern Bancorp, Inc. shares by the reporting person. On July 21, 2021 the reporting person gifted 14,881 shares (0.51% of those outstanding) of First Southern Bancorp, Inc. The shares of UTG, Inc. reported as gifted represent 0.51% of the UTG shares owned by First Southern Bancorp, Inc. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
This transaction is being reported to reflect sales of First Southern Bancorp, Inc. shares by the reporting person. On December 31, 2021 the reporting person sold 24,670 shares (0.84% of those outstanding) at a price of $68.91 per First Southern Bancorp, Inc. share, decreasing his percentage ownership of First Southern Bancorp, Inc. by 0.34%. The shares of UTG, Inc. reported as sold represent 0.34% 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.
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.