4//SEC Filing
ROBINSON HARRIETT J 4
Accession 0001567619-23-001134
CIK 0000008177other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:18 PM ET
Size
12.9 KB
Accession
0001567619-23-001134
Insider Transaction Report
Form 4
ROBINSON HARRIETT J
Director10% OwnerOther
Transactions
- Sale
Common Stock
2022-12-30$3.00/sh−300,000$900,000→ 0 total(indirect: By Delta Fire & Casualty Insurance Company) - Purchase
Common Stock
2022-12-30$3.00/sh+300,000$900,000→ 1,130,259 total
Holdings
- 5,120,555(indirect: By Gulf Capital Services)
Common Stock
- 3,954,281(indirect: By Trust)
Common Stock
- 4,092,767(indirect: By Trust)
Common Stock
- 408,765(indirect: By Trust)
Common Stock
- 510,956(indirect: By Trust)
Common Stock
- 55,000(indirect: By Delta Life Insurance Company)
Series D Preferred Stock
→ Common Stock (1,378,446 underlying)
Footnotes (7)
- [F1]Represents change in nature of Reporting Person's ownership as a result of the transfer of shares by private sale to Harriett J. Robinson from her affiliate Delta Fire & Casualty Insurance Company.
- [F2]Shares owned by Gulf Capital Services, an entity in which interests are held in equal amounts by trusts for the benefit of Mrs. Robinson's two daughters, and of which Mrs. Robinson serves as trustee. Mrs. Robinson disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein, if any.
- [F3]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.
- [F4]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.
- [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]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.
- [F7]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
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:18 PM ET
- Size
- 12.9 KB