J. Ross Franklin - 04 Sep 2021 Form 4 Insider Report for ATLANTIC AMERICAN CORP (AAME)

Role
VP, CFO & Secretary
Signature
/s/ J. Ross Franklin
Issuer symbol
AAME
Transactions as of
04 Sep 2021
Net transactions value
-$13,965
Form type
4
Filing time
17 Sep 2021, 16:01:09 UTC
Next filing
08 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAME Common Stock Tax liability $13,965 -3,500 -8.4% $3.99 38,350 04 Sep 2021 Direct F1
holding AAME Common Stock 2,056 04 Sep 2021 By 401(k) Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the reporting person's net share settlement upon the vesting of 10,000 shares of restricted stock and does not represent a sale by the reporting person.
F2 Based on most recent plan statement. Shares held by the 401(k) plan were previously aggregated with the shares directly held by the reporting person. Shares held by the 401(k) plan are now being reported separately as indirectly held by the reporting person.