ATLANTIC AMERICAN CORP — Director's Dealing 2003

Jun 4, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ATLANTIC AMERICAN CORP (AAME)
CIK: 0000008177
Period of Report: 2003-06-04

Reporting Person: ELSON EDWARD E (Director)

Footnotes

F1: Mr. Elson has an indirect ownership interest in 8500 shares owned by EEE Investments Limited Partnership, for which Mr. Elson is a general partner. Mr. Elson also holds options to acquire 9000 shares of common stock granted under the Company's 1996 Non-Employee Director Stock Option Plan at exercise prices ranging from $1.90 to $4.9375.