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ATLANTIC AMERICAN CORP Director's Dealing 2021

Sep 17, 2021

34495_dirs_2021-09-17_b7cf9905-e6c6-4de8-b970-022a2fc91490.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: 2021-09-04

Reporting Person: Franklin Jeffrey Ross (VP, CFO & Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-09-04 Common Stock F 3500 $3.99 Disposed 38350 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2056 Indirect

Footnotes

F1: Represents the number of shares of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the reporting person's net share settlement upon the vesting of 10,000 shares of restricted stock and does not represent a sale by the reporting person.

F2: Based on most recent plan statement. Shares held by the 401(k) plan were previously aggregated with the shares directly held by the reporting person. Shares held by the 401(k) plan are now being reported separately as indirectly held by the reporting person.