WHALEY WILLIAM H 4
4 · ATLANTIC AMERICAN CORP · Filed May 3, 2006
Insider Transaction Report
Form 4
WHALEY WILLIAM H
Director
Transactions
- Award
Common Stock
2006-05-02+1,993→ 30,219 total
Holdings
- 2,000
Option to Buy
→ Cmn Stk (2,000 underlying) - 6,000(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Represents 1993 shares of restricted stock that were awarded pursuant to the Company's 2002 Incentive Plan. No consideration is required to be paid by recipient.
- [F2]Dr. Whaley also has an indirect ownership interest in 6000 shares owned by his spouse as custodian for their daughter, for which Dr. Whaley expressly disclaims beneficial ownership of such securities.
- [F3]Dr. Whaley also holds options to acquire 2000 shares of common stock granted under the Company's 1996 Non-Employee Director Stock Option Plan at exercise prices ranging from $1.90 to $2.68.