Hilton H. Howell Jr - Dec 31, 2022 Form 5 Insider Report for ATLANTIC AMERICAN CORP (AAME)

Role
Chairman, President & CEO, Director
Signature
/s/ Hilton H. Howell, Jr.
Stock symbol
AAME
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/13/2023, 02:45 PM
Previous filing
Dec 2, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAME Common Stock Other $0 -30.4K -47.12% $0.00 34.1K May 1, 2022 By Spouse F2, F3
holding AAME Common Stock 517K Dec 31, 2022 Direct
holding AAME Common Stock 309K Dec 31, 2022 By 401(k) Plan F1
holding AAME Common Stock 409K Dec 31, 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 Reflects the reporting person's interest in equivalent shares held by the unitized stock fund in the Atlantic American Corporation 401(k) Plan.
F2 Represents a disposition of 30,368 shares formerly held by Mr. Howell's spouse, Robin R. Howell, as custodian for the benefit of their children. On the transaction date, the shares were transferred to the individual holdings of the adult children.
F3 Mr. Howell has an indirect interest in the following shares owned directly or indirectly by his spouse, Robin R. Howell: 31,900 shares owned directly and 2,175 shares owned in an IRA account. 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.