ATLANTIC AMERICAN CORP — Director's Dealing 2017

Jan 25, 2017

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ATLANTIC AMERICAN CORP (AAME)
CIK: 0000008177
Period of Report: 2016-12-31

Reporting Person: HOWELL HILTON H JR (Director, Chairman, President & CEO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	465274	Direct
Common Stock	227539	Indirect
Common Stock	63100	Indirect
Common Stock	168200	Indirect
Common Stock	190356	Indirect

Footnotes

F1: Represents correction of holdings reported on May 5, 2016 and May 10, 2016, which inadvertently reported and included a grant of 10,000 shares of restricted stock.

F2: Based on most recent plan statement.

F3: Mr. Howell has an indirect interest in the following shares owned directly or indirectly by his spouse, Robin R. Howell: 22,925 shares owned directly; 2,175 shares owned in an IRA account and 38,000 shares held indirectly by her as custodian for their children. 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.

F5: 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.