X0202 4 2007-10-01 0 0000008177 ATLANTIC AMERICAN CORP AAME 0001008889 ROBINSON J MACK 4370 PEACHTREE ROAD, N.E. ATLANTA GA 30319-3054 1 1 1 0 Chairman Common Stock 878847 D Common Stock 17686 I 401(k) Plan Common Stock 300000 I By Delta Fire & Casualty Ins. Co. Common Stock 946702 I By Delta Life Ins. Co. Common Stock 2007-10-01 4 J 0 42433 2.99 A 3659316 I By Gulf Capital Services Common Stock 8671606 I By Spouse Common Stock 8672606 I By Spouse Mr. Robinson also has an indirect ownership interest in 17686 shares held in a 401(k) Plan based on the most recent plan statement. Mr. Robinson also has an indirect ownership interest in 3616883 shares owned by Gulf Capital Services, for which Mr. Robinson holds a 24% interest in the Partnership. The remaining partnerships are held in equal shares by Trust for benefit of Mr. Robinson's daughters, with Mr. Robinson's spouse as Trustee. Mr. Robinson disclaims beneficial ownership for 76% of the securities held by Gulf Capital Services, representing the Trusts' proportionate partnership interest. On July 24, 2007, The Company declared a stock dividend payable to all holders of Series D Preferred Stock of record on September 15, 2007, of 0.61233 shares of Common Stock for each share of Series D Preferred Stock outstanding. Mr. Robinson also has an indirect ownership interest in 8672606 shares, of which 623838 are owned directly by his spouse; 6720 shares held by spouse, jointly with grandson; 3953256 shares held directly by Trust for daughter, Robin Robinson, with spouse as Trustee; and, 4088792 shares held directly by Trust for daughter, Jill Robinson, with spouse as Trustee, all of which Mr. Robinson expressly disclaims beneficial ownership of such securities. Janie L. Ryan, POA 2007-10-01