X0101 4 2003-06-04 0 0000035733 FINANCIAL INDUSTRIES CORP FNIN 0001215080 MITTE ROY F & JOANN COLE FOUNDATION 0 0 1 0 Common Shares 2003-06-04 4 S 0 312484 14.64 D 1239722 D Common Shares 2003-06-04 4 S 0 204918 14.64 D 1034804 D This report is filed jointly by The Roy F. and Joann Cole Mitte Foundation (the "Foundation") and Roy F. Mitte. Sale made pursuant to that certain Compromise and Settlement Agreement (the "Settlement Agreement"), dated as of May 15, 2003, further described in the Schedule 13D filed by the Foundation on May 15, 2003. The reported securities are owned directly by the Foundation, and beneficially owned by Roy F. Mitte, Chairman of the Board of the Foundation. Sale made pursuant to Settlement Agreement. The reported securities are owned directly by the Foundation, and beneficially owned by Roy F. Mitte, Chairman of the Board of the Foundation. /s/ Roy F.Mitte, President 2003-06-04