4//SEC Filing
ROBINSON HARRIETT J 4
Accession 0001567619-19-017452
CIK 0000008177other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 1:52 PM ET
Size
15.2 KB
Accession
0001567619-19-017452
Insider Transaction Report
Form 4
ROBINSON HARRIETT J
Director10% OwnerOther
Transactions
- Purchase
Common Stock
2019-08-20+8,837→ 933,229 total - Purchase
Common Stock
2019-08-21+10,000→ 943,229 total
Holdings
- 1,363,809(indirect: By Delta Life Insurance Company)
Common Stock
- 378,450(indirect: By Trust)
Common Stock
- 3,756,746(indirect: By Gulf Capital Services)
Common Stock
- 428,301(indirect: By Trust)
Common Stock
- 3,953,256(indirect: By Trust)
Common Stock
- 4,088,792(indirect: By Trust)
Common Stock
- 300,000(indirect: By Delta Fire & Casualty Insurance Company)
Common Stock
- 55,000(indirect: By Delta Life Insurance Company)
Series D Preferred Stock
→ Common Stock (1,378,446 underlying)
Footnotes (9)
- [F1]Shares were purchased in multiple open market transactions on August 21, 2019 at a weighted average price of $2.48 per share. The per share price in each transaction ranged from $2.45 to $2.53. The reporting person undertakes to provide to Atlantic American Corporation, any security holder of 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.
- [F2]Shares were purchased in multiple open market transactions on August 20, 2019 at a weighted average purchase price of $2.40 per share. The per share price in each transaction ranged from $2.39 to $2.40. The reporting person undertakes to provide to Atlantic American Corporation, any security holder of 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.
- [F3]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.
- [F4]Mrs. Robinson has an indirect interest in the 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.
- [F5]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 interest therein.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]The Series D Preferred Stock is not currently convertible into common stock .
Documents
Issuer
ATLANTIC AMERICAN CORP
CIK 0000008177
Entity typeother
Related Parties
1- filerCIK 0001196567
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 1:52 PM ET
- Size
- 15.2 KB