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ATLANTIC AMERICAN CORP Director's Dealing 2004

Sep 15, 2004

34495_dirs_2004-09-15_b1f452e1-c70a-42e3-bc59-ab3b2a953dea.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ATLANTIC AMERICAN CORP (AAME)
CIK: 0000008177
Period of Report: 2004-09-13

Reporting Person: ROBINSON J MACK (Director, Chairman, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-09-13 Common Stock P 4900 $3.0675 Acquired 552685 Indirect

Footnotes

F1: Mr. Robinson has a direct ownership of 747094 shares. Mr. Robinson also has an indirect ownership interest in 13428 shares held in a 401(k) Plan based on a plan statement as of March 31, 2004. Mr. Robinson also has indirect ownership interests in 946702 shares owned by Delta Life Insurance Co and 300000 shares owned by delta Fire & Casualty Insurance Co. Mr. Robinson also has an indirect ownership interest in 8539653 shares, of which 552685 are owned directly by his spouse; 6720 shares held by spouse, jointly with grandson; 3953256 shares held directly by Trust for daughter, Robin Robinson, with spouse as Trustee; and, 4026992 shares held directly by Trust for daughter, Jill Robinson, with spouse as Trustee, all of which Mr. Robinson expressly disclaims beneficial ownership of such securities.