5//SEC Filing
CORRELL JESSE T 5
Accession 0001567619-21-003395
CIK 0000832480other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 2:52 PM ET
Size
13.9 KB
Accession
0001567619-21-003395
Insider Transaction Report
Form 5
UTG INCUTGN
CORRELL JESSE T
DirectorChairman & CEO10% Owner
Transactions
- Gift
Common Stock
2020-09-18−5→ 54,822 total - Gift
Common Stock
2020-12-31−34,920→ 72,750 total(indirect: By Partnership) - Gift
Common Stock
2020-12-31+34,920→ 72,750 total(indirect: By Partnership) - Gift
Common Stock
2020-01-22−1,135→ 204,909 total(indirect: By First Southern Bancorp, Inc.)
Holdings
- 400,000(indirect: By LLC)
Common Stock
- 1,201,876(indirect: By LLC)
Common Stock
Footnotes (7)
- [F1]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.
- [F2]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.
- [F3]This transaction is being reported to reflect a gift of partnership interests in WCorrell, Limited Partnership by the reporting person. The reporting person gifted 48 partnership interests (48% of those outstanding) on December 31, 2020. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein
- [F4]This transaction is being reported to reflect a gift of partnership interests in WCorrell, Limited Partnership by the reporting person. A grantor trust, of which the reporting person is trustee, acquired 48 partnership interests (48% of those outstanding) on December 31, 2020. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F5]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.
- [F6]This transaction is being reported to reflect a gift of First Southern Bancorp, Inc. shares by the reporting person. The reporting person gifted 16,801 shares (0.55% of those outstanding) on January 22, 2020. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F7]The reporting person is the President and First Southern Bancorp, Inc. is a 99% member of First Southern Holdings, LLC. See note (6). The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Documents
Issuer
UTG INC
CIK 0000832480
Entity typeother
Related Parties
1- filerCIK 0001064892
Filing Metadata
- Form type
- 5
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 2:52 PM ET
- Size
- 13.9 KB