X0303 5 2010-12-31 0 0 0 0000832480 UTG INC UTGN.OB 0001064892 CORRELL JESSE T FIRST SOUTHERN BANCORP, INC. P. O. BOX 328 STANFORD KY 40484 1 1 1 0 Chairman & CEO Common Stock 2010-06-30 5 G 0 17100 0 D 341997 I See footnote Common Stock 72750 I See footnote Common Stock 2009-06-12 5 G 0 L 235 0 D 249069 I See footnote Common Stock 2009-11-12 5 G 0 L 210 0 D 229069 I See footnote Common Stock 2010-01-22 5 G 0 513 0 D 229069 I See footnote Common Stock 2010-04-09 5 G 0 401 0 D 229069 I See footnote Common Stock 2010-04-09 5 G 0 501 0 D 229069 I See footnote Common Stock 2010-07-22 5 G 0 50 0 D 229069 I See footnote Common Stock 2010-07-23 5 G 0 50 0 D 229069 I See footnote Common Stock 2010-09-09 5 G 0 489 0 D 229069 I See footnote Common Stock 1277716 I See footnote Common Stock 118308 D The reported securities are held by First Southern Funding, LLC ("FSF"), of which the reporting person is President and manager. On June 30, 2010, the reporting person gifted a total of 5.0012% of his membership interest in FSF. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. By WCorrell, Limited Partnership of which the reporting person is the managing general partner. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The reported securities are held by First Southern Bancorp, Inc., of which the reporting person is Chairman and President. These transactions are being reported to reflect gifts of shares of common stock of First Southern Bancorp, Inc. by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. By First Southern Holdings, LLC, of which the reporting person is the President. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. /s/ Jesse T. Correll 2011-02-10