0000940397-12-000016.txt : 20120905 0000940397-12-000016.hdr.sgml : 20120905 20120905142938 ACCESSION NUMBER: 0000940397-12-000016 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120905 DATE AS OF CHANGE: 20120905 GROUP MEMBERS: DEBECK LLC GROUP MEMBERS: ERIC LEE OLIVER GROUP MEMBERS: SOFTRES LLC GROUP MEMBERS: SOFTSEARCH INVESTMENT LP GROUP MEMBERS: SOFTVEST LP GROUP MEMBERS: SOFTVEST MANAGEMENT LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UTG INC CENTRAL INDEX KEY: 0000832480 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 202907892 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-40020 FILM NUMBER: 121073578 BUSINESS ADDRESS: STREET 1: PO BOX 5147 STREET 2: 5250 SOUTH SIXTH STREET ROAD CITY: SPRINGFIELD STATE: IL ZIP: 62703 BUSINESS PHONE: 2173236300 MAIL ADDRESS: STREET 1: PO BOX 5147 STREET 2: 5250 SOUTH SIXTH STREET CITY: SPINGFIELD STATE: IL ZIP: 62705 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TRUST GROUP INC DATE OF NAME CHANGE: 20001206 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TRUST INC /IL/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OLIVER ERIC L CENTRAL INDEX KEY: 0001168602 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 303 W WALL STREET 2: SUITE 1700 CITY: MIDLAND STATE: TX ZIP: 79701 SC 13G 1 eoliver13g2012.htm 13 G 2012 eoliver13g2012.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G


Under the Securities Exchange Act of 1934

(Amendment No.  )*

UTG, INC.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

90342M109
(CUSIP Number)



August 27, 2012
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

x Rule 13d-1(c)

o Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



 
 

 


CUSIP No. 90342M109

1
Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
 
Eric Lee Oliver
2
Check the Appropriate Box if a Member of a Group (See Instructions)
            (a) x            (b) o
3
SEC Use Only
 
4
Citizenship or Place of Organization
 
United States of America
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5
Sole Voting Power
 
0
6
Shared Voting Power
 
300,000 shares of common stock
7
Sole Dispositive Power
 
0
8
Shared Dispositive Power
 
300,000 shares of common stock
9
Aggregate Amount Beneficially Owned by Each Reporting Person
 
300,000 shares of common stock
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
          o
11
Percent of Class Represented by Amount in Row (9)
 
7.9% of the aggregate outstanding shares of common stock
12
Type of Reporting Person (See Instructions)
 
IN


 
 

 


1
Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
 
Softsearch Investment LP
2
Check the Appropriate Box if a Member of a Group (See Instructions)
            (a) x            (b) o
3
SEC Use Only
 
4
Citizenship or Place of Organization
 
Texas
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5
Sole Voting Power
 
0
6
Shared Voting Power
 
300,000 shares of common stock
7
Sole Dispositive Power
 
0
8
Shared Dispositive Power
 
300,000 shares of common stock
9
Aggregate Amount Beneficially Owned by Each Reporting Person
 
300,000 shares of common stock
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
          o
11
Percent of Class Represented by Amount in Row (9)
 
7.9% of the aggregate outstanding shares of common stock
12
Type of Reporting Person (See Instructions)
 
PN


 
 

 



1
Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
 
Softres, LLC
2
Check the Appropriate Box if a Member of a Group (See Instructions)
            (a) x            (b) o
3
SEC Use Only
 
4
Citizenship or Place of Organization
 
Texas
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5
Sole Voting Power
 
0
6
Shared Voting Power
 
300,000 shares of common stock
7
Sole Dispositive Power
 
0
8
Shared Dispositive Power
 
300,000 shares of common stock
9
Aggregate Amount Beneficially Owned by Each Reporting Person
 
300,000 shares of common stock
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
          o
11
Percent of Class Represented by Amount in Row (9)
 
7.9% of the aggregate outstanding shares of common stock
12
Type of Reporting Person (See Instructions)
 
OO


 
 

 



1
Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
 
Softvest LP
2
Check the Appropriate Box if a Member of a Group (See Instructions)
            (a) x            (b) o
3
SEC Use Only
 
4
Citizenship or Place of Organization
 
Texas
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5
Sole Voting Power
 
0
6
Shared Voting Power
 
300,000 shares of common stock
7
Sole Dispositive Power
 
0
8
Shared Dispositive Power
 
300,000 shares of common stock
9
Aggregate Amount Beneficially Owned by Each Reporting Person
 
300,000 shares of common stock
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
          o
11
Percent of Class Represented by Amount in Row (9)
 
7.9% of the aggregate outstanding shares of common stock
12
Type of Reporting Person (See Instructions)
 
PN


 
 

 



1
Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
 
Softvest Management LP
2
Check the Appropriate Box if a Member of a Group (See Instructions)
            (a) x            (b) o
3
SEC Use Only
 
4
Citizenship or Place of Organization
 
Texas
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5
Sole Voting Power
 
0
6
Shared Voting Power
 
300,000 shares of common stock
7
Sole Dispositive Power
 
0
8
Shared Dispositive Power
 
300,000 shares of common stock
9
Aggregate Amount Beneficially Owned by Each Reporting Person
 
300,000 shares of common stock
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
          o
11
Percent of Class Represented by Amount in Row (9)
 
7.9% of the aggregate outstanding shares of common stock
12
Type of Reporting Person (See Instructions)
 
PN


 
 

 



1
Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
 
Debeck, LLC
2
Check the Appropriate Box if a Member of a Group (See Instructions)
            (a) x            (b) o
3
SEC Use Only
 
4
Citizenship or Place of Organization
 
Texas
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5
Sole Voting Power
 
0
6
Shared Voting Power
 
300,000 shares of common stock
7
Sole Dispositive Power
 
0
8
Shared Dispositive Power
 
300,000 shares of common stock
9
Aggregate Amount Beneficially Owned by Each Reporting Person
 
300,000 shares of common stock
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
          o
11
Percent of Class Represented by Amount in Row (9)
 
7.9% of the aggregate outstanding shares of common stock
12
Type of Reporting Person (See Instructions)
 
OO


 
 

 



Item 1.
(a)
Name  of Issuer
 
UTG, Inc.
 
(b)
Address of Issuer’s Principal Executive Offices
 
5250 South Sixth Street
Springfield, Illinois 62703
 


Item 2.
(a)
Name of Person Filing
 
1
2
3
4
5
6
Eric Lee Oliver
Softsearch Investment LP
Softres, LLC
Softvest LP
Softvest Management LP
Debeck, LLC
 
(b)
Address of Principal Business office or, if none, Residence
 
1
2
3
4
5
6
400 Pine Street, Suite 1010, Abilene, Texas 79601
400 Pine Street, Suite 1010, Abilene, Texas 79601
400 Pine Street, Suite 1010, Abilene, Texas 79601
400 Pine Street, Suite 1010, Abilene, Texas 79601
400 Pine Street, Suite 1010, Abilene, Texas 79601
400 Pine Street, Suite 1010, Abilene, Texas 79601
 
(c)
Citizenship
 
1
2
3
4
5
6
United States of America
Texas
Texas
Texas
Texas
Texas
 
(d)
Title of Class of Securities
 
1
2
3
4
5
6
Common Stock
Common Stock
Common Stock
Common Stock
Common Stock
Common Stock
 

 
 

 


(e)
CUSIP Number
 
1
2
3
4
5
6
90342M109
90342M109
90342M109
90342M109
90342M109
90342M109


Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
o
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)
o
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)
o
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)
o
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)
o
An investment advisor in accordance with §240.13d-1(b)(1)(ii)(E);
(f)
o
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)
o
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
(h)
o
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
o
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
x
Group, in accordance with §240.13d-1(b)(1)(ii)(J).


Item 4. Ownership
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)
Amount beneficially owned:   300,000
 
(b)
Percent of class:   7.9%
 
(c)
Number of shares as to which the person has:
 
 
(i)
Sole power to vote or to direct the vote     0
 
 
(ii)
Shared power to vote or to direct the vote     300,000
 
 
(iii)
Sole power to dispose or to direct the disposition of     0
 
 
(iv)
Shared power to dispose or to direct the disposition of     300,000
 


 
 

 



Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o

Item 6. Ownership of More than Five Percent on Behalf of Another Person

Not Applicable


Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

Not Applicable


Item 8. Identification and Classification of Members of the Group

Softsearch Investment LP owns 150,000 shares of UTG, Inc. common stock.  Softres, LLC is managing general partner of Softsearch Investment LP.  Eric Lee Oliver is the sole partner of Softres, LLC.

Softvest LP owns 150,000 shares of UTG, Inc. common stock.  Softvest Management LP is managing general partner of Softvest LP.  Debeck, LLC is managing general partner of Softvest Management LP.


Item 9. Notice of Dissolution of Group

Not Applicable


Item 10. Certification
The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
 
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


 
 

 



SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated:  September 4, 2012
    /e/ Eric Lee Oliver
 
Eric Lee Oliver
 
 
 
Softsearch Investment LP
 
 
/s/ Eric Lee Oliver
 
Eric Lee Oliver
General Partner
 
 
 
 
Softres, LLC
 
 
/s/ Eric Lee Oliver
 
Eric Lee Oliver
General Partner
 
 
 
 
Softvest LP
 
 
/s/ Eric Lee Oliver
 
Eric Lee Oliver
General Partner
 
 
 
 
Softvest Management LP
 
 
 
/s/ Eric Oliver
 
Eric Oliver
General Partner


 
 

 



 
Debeck, LLC
 
 
/s/ Eric Lee Oliver
 
Eric Lee Oliver
President


Attention- Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)


Exhibit 1 – Joint Filing Agreement, dated September 4, 2012, among Eric Lee Oliver, Softsearch Investment LP, Softres, LLC, Softvest LP, Softvest Management LP, and Debeck, LLC

 
 

 

Exhibit 1

Joint Filing Agreement

The undersigned hereby agree that this Statement on Schedule 13G with respect to the shares of common stock of UTG, Inc. is filed jointly, on behalf of each of them.

Dated:  September 4, 2012
    /s/ Eric Lee Oliver
 
Eric Lee Oliver
 
 
 
Softsearch Investment LP
 
 
/s/ Eric Lee Oliver
 
Eric Lee Oliver
General Partner
 
 
 
 
Softres, LLC
 
 
/s/ Eric Lee Oliver
 
Eric Lee Oliver
General Partner
 
 
 
 
Softvest LP
 
 
/s/ Eric Lee Oliver
 
Eric Lee Oliver
General Partner
 
 
 
 
Softvest Management LP
 
 
/s/ Eric Oliver
 
Eric Oliver
General Partner

 
 

 


 
Debeck, LLC
 
 
/s/ Eric Lee Oliver
 
Eric Lee Oliver
President