ATLANTIC AMERICAN CORP — Director's Dealing 2019

Sep 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ATLANTIC AMERICAN CORP (AAME)
CIK: 0000008177
Period of Report: 2019-09-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-04	Common Stock	A	80000	$0.00	Acquired	545274	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	251147	Indirect
Common Stock	63100	Indirect
Common Stock	168200	Indirect
Common Stock	190356	Indirect

Footnotes

F1: Represents grant of restricted stock, which vests one-third on each of September 4, 2020, September 4, 2021 and September 4, 2022.

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.