Home/Filings/4/0001140361-11-044068
4//SEC Filing

FIRST SOUTHERN FUNDING LLC 4

Accession 0001140361-11-044068

CIK 0000832480other

Filed

Aug 29, 8:00 PM ET

Accepted

Aug 30, 4:08 PM ET

Size

9.0 KB

Accession

0001140361-11-044068

Insider Transaction Report

Form 4
Period: 2011-08-26
UTG INCUTGN.OB
Transactions
  • Exercise of In-Money

    Call Option (obligation to sell)

    2011-08-26100,0000 total(indirect: See)
    Exercise: $10.00From: 2009-08-27Exp: 2011-08-27Common Stock (100,000 underlying)
Holdings
  • Call Option (obligation to sell)

    (indirect: See)
    Exercise: $10.00From: 2009-08-27Exp: 2012-08-27Common Stock (100,000 underlying)
    100,000
  • Common Stock

    341,997
  • Common Stock

    (indirect: By LLC)
    1,277,716
Footnotes (1)
  • [F1]By First Southern Holdings, LLC (FSH). On August 27, 2009, First Southern Bancorp, Inc. (FSB) and FSH, individually and collectively, granted call options under which a total of 200,000 shares of the Issuer's common stock could be purchased. Under the terms of the options, FSB and FSH, in their sole discretion, could determine the number of shares each of them would sell to the exercising optionee. On August 26, 2011, the holders of the options exercised the options with respect to a total of 100,000 shares of the Issuer's common stock and FSB and FSH transferred to Jesse T. Correll their respective obligations under the options with respect to the 100,000 shares exercised.

Documents

1 file

Issuer

UTG INC

CIK 0000832480

Entity typeother
IncorporatedKY

Related Parties

1
  • filerCIK 0001064869

Filing Metadata

Form type
4
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 4:08 PM ET
Size
9.0 KB