ATLANTIC AMERICAN CORP — Director's Dealing 2012

Jul 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ATLANTIC AMERICAN CORP (AAME)
CIK: 0000008177
Period of Report: 2012-06-29

Reporting Person: SAMPLE JOHN G JR (Senior Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-29	Common Stock	M	50000	$2.00	Acquired	57500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-29	Option to Buy	$2.00	M	50000	Disposed	2012-07-02	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7103	Indirect

Footnotes

F1: Mr. Sample has an indirect ownership interest in 7,103 shares held in a 401(k) Plan based on the most recent plan statement.