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ATLANTIC AMERICAN CORP Director's Dealing 2013

May 3, 2013

34495_dirs_2013-05-03_1067e672-5a04-4874-81c9-5e90b5231b9e.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: 2013-05-03

Reporting Person: THOMPSON SCOTT G (Director, Pres & CEO Am. Sou. Ins. Co.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-03 Common Stock M 15000 $1.59 Acquired 110954 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-05-03 Option to Buy $1.59 M 15000 Disposed 2013-05-06 Common Stock (15000) Direct