4//SEC Filing
FIRST SOUTHERN HOLDINGS LLC 4
Accession 0001140361-11-044064
CIK 0000832480other
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 4:05 PM ET
Size
7.9 KB
Accession
0001140361-11-044064
Insider Transaction Report
Form 4
UTG INCUTGN.OB
FIRST SOUTHERN HOLDINGS LLC
10% Owner
Transactions
- Exercise of In-Money
Call Option (obligation to sell)
2011-08-26−100,000→ 0 totalExercise: $10.00From: 2009-08-27Exp: 2011-08-27→ Common Stock (100,000 underlying)
Holdings
- 1,277,716
Common Stock
- 100,000
Call Option (obligation to sell)
Exercise: $10.00From: 2009-08-27Exp: 2012-08-27→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]On August 27, 2009, First Southern Bancorp, Inc. (FSB) and First Southern Holdings, LLC (FSH), individually and collectively, granted call options under which a total of 200,000 shares of the Issuer's common stock could be purchased. Under the terms of the options, FSB and FSH, in their sole discretion, could determine the number of shares each of them would sell to the exercising optionee. On August 26, 2011, the holders of the options exercised the options with respect to a total of 100,000 shares of the Issuer's common stock and FSB and FSH transferred to Jesse T. Correll their respective obligations under the options with respect to the 100,000 shares exercised.
Documents
Issuer
UTG INC
CIK 0000832480
Entity typeother
IncorporatedKY
Related Parties
1- filerCIK 0001240842
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 4:05 PM ET
- Size
- 7.9 KB