James Patrick Rousey - Dec 31, 2022 Form 5 Insider Report for UTG INC (UTGN)

Role: Former President & Director
Signature: /s/Bradley J. Betack, Attorney-in-Fact
Stock symbol: UTGN
Transactions as of: Dec 31, 2022
Transactions value $: $284,951
Form type: 5
Date filed: 8/25/2023, 02:13 PM
Previous filing: Feb 28, 2022
Next filing: Jan 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership
transaction	UTGN	Common Stock	Award	$50K	+3.77K	+35.14%	$13.25	14.5K	Dec 31, 2012	Direct
transaction	UTGN	Common Stock	Award	$50K	+3.5K	+31.83%	$14.27	14.5K	Feb 11, 2016	Direct
transaction	UTGN	Common Stock	Award	$35K	+1.16K	+8.71%	$30.10	14.5K	Feb 6, 2019	Direct
transaction	UTGN	Common Stock	Award	$25K	+752	+5.47%	$33.25	14.5K	Feb 26, 2020	Direct
transaction	UTGN	Common Stock	Award	$50K	+1.85K	+14.57%	$27.10	14.5K	Feb 28, 2022	Direct
transaction	UTGN	Common Stock	Award	$35K	+1.4K	+10.65%	$25.06	14.5K	Jan 11, 2023	Direct
transaction	UTGN	Common Stock	Purchase	$40K	+2.08K	+16.71%	$19.25	14.5K	Aug 1, 2017	Street Name

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James Patrick Rousey is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Remarks:

On February 21, 2023, Mr. James P. Rousey resigned as President of UTG, Inc., and its subsidiary, Universal Guaranty Life Insurance Company, as well as his position as a Director of both entities. This was effective immediately.