CORRELL JESSE T 4
4 · UTG INC · Filed Feb 25, 2021
Insider Transaction Report
Form 4
UTG INCUTGN
CORRELL JESSE T
DirectorChairman & CEO10% Owner
Transactions
- Sale
Common Stock
2021-02-23−1,083→ 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
- 54,822
Common Stock
- 72,750(indirect: By Partnership)
Common Stock
Footnotes (5)
- [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]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.
- [F4]This transaction is being reported to reflect sales of First Southern Bancorp, Inc. shares by the reporting person. On February 23, 2021 the reporting person sold 27,650 shares (0.93% of those outstanding) at a price of $65.10 per First Southern Bancorp, Inc. share and sold 4,608 shares (0.15% of those outstanding) at a price of $43.40 per First Southern Bancorp, Inc. share. The shares of UTG, Inc. reported as sold represent 0.53% 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.
- [F5]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.