Hilton H. Howell Jr - Sep 6, 2022 Form 4 Insider Report for ATLANTIC AMERICAN CORP (AAME)

Role
Chairman, President & CEO, Director
Signature
/s/ Hilton H. Howell, Jr.
Stock symbol
AAME
Transactions as of
Sep 6, 2022
Transactions value $
-$27,815
Form type
4
Date filed
9/8/2022, 03:16 PM
Previous filing
Jul 1, 2022
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAME Common Stock Tax liability -$27.8K -9.33K -1.77% $2.98 517K Sep 6, 2022 Direct F1
holding AAME Common Stock 269K Sep 6, 2022 By 401(k) Plan F2
holding AAME Common Stock 54.4K Sep 6, 2022 By Spouse F3
holding AAME Common Stock 409K Sep 6, 2022 Trust F/B/O Children F4
* 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 26,667 shares of restricted stock and does not represent a sale by the reporting person.
F2 Based on most recent plan statement.
F3 Mr. Howell has an indirect interest in the following shares owned directly or indirectly by his spouse, Robin R. Howell: 21,900 shares owned directly? 2,175 shares owned in an IRA account and 30,368 shares held indirectly by her as custodian for their children. Mr. Howell disclaims beneficial ownership of all such shares.
F4 Shares held in a trust for the benefit of Mr. Howell's children and over which Mr. Howell's mother-in-law serves as trustee. Mr. Howell disclaims beneficial ownership of all such shares.