4//SEC Filing
FIRST SOUTHERN HOLDINGS LLC 4
Accession 0001140361-09-019978
CIK 0000832480other
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 3:05 PM ET
Size
10.3 KB
Accession
0001140361-09-019978
Insider Transaction Report
Form 4
UTG INCUTGN.OB
FIRST SOUTHERN HOLDINGS LLC
10% Owner
Transactions
- Sale
Common Stock
2009-08-27$10.00/sh−80,000$800,000→ 1,277,716 total - Sale
Call Option (obligation to sell)
2009-08-27−100,000→ 100,000 totalExercise: $10.00From: 2009-08-27Exp: 2011-08-27→ Common Stock (100,000 underlying) - Sale
Call Option (obligation to sell)
2009-08-27−100,000→ 100,000 totalExercise: $10.00From: 2009-08-27Exp: 2012-08-27→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]On August 27, 2009, First Southern Bancorp, Inc. (FSB) and First Southern Holdings, LLC (FSH), individually and collectively, granted call options under which a total of 200,000 shares of the Issuer's common stock may be purchased. If the options are exercised, FSB and FSH, in their sole discretion, may determine the number of shares each of them will sell to the exercising optionee, up to the full 200,000 optioned shares.
- [F2]This call option was granted without the payment of any premium concurrently with the optionees' purchase of additional shares of the Issuer's common stock, as reflected in Table I.
Documents
Issuer
UTG INC
CIK 0000832480
Entity typeother
IncorporatedKY
Related Parties
1- filerCIK 0001240842
Filing Metadata
- Form type
- 4
- Filed
- Aug 30, 8:00 PM ET
- Accepted
- Aug 31, 3:05 PM ET
- Size
- 10.3 KB