-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, D/900gtieP+YsR+unQx0bFeN2I0cB8yNbXz4j1zoNm5rW6GZTgRBVAPvpbp7xU0h Lkdd1PsZ72rd0QQ7pADrMA== 0000931763-99-002066.txt : 19990715 0000931763-99-002066.hdr.sgml : 19990715 ACCESSION NUMBER: 0000931763-99-002066 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990714 GROUP MEMBERS: TORCHMARK CORP GROUP MEMBERS: UNITED INVESTORS LIFE INSURANCE COMPANY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VESTA INSURANCE GROUP INC CENTRAL INDEX KEY: 0000911576 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 631097283 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-50207 FILM NUMBER: 99664087 BUSINESS ADDRESS: STREET 1: 3760 RIVER RUN DR CITY: BIRMINGHAM STATE: AL ZIP: 35243 BUSINESS PHONE: 2059707000 MAIL ADDRESS: STREET 1: 3760 RIVER RUN DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35243 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TORCHMARK CORP CENTRAL INDEX KEY: 0000320335 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 630780404 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 2001 3RD AVE S CITY: BIRMINGHAM STATE: AL ZIP: 35233 BUSINESS PHONE: 2053254200 FORMER COMPANY: FORMER CONFORMED NAME: TORCHMARK CORP SAVINGS & INVESTMENT PLAN DATE OF NAME CHANGE: 19820825 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY NATIONAL INSURANCE HOLDING CO DATE OF NAME CHANGE: 19820701 SC 13D 1 SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 AMENDMENT NO. 5 TO SCHEDULE 13D Under the Securities Exchange Act of 1934 Vesta Insurance Group, Inc. --------------------------- (Name of Issuer) Common Stock, $.01 par value per share -------------------------------------- (Title of Class of Securities) 40218L 30 5 ----------- (CUSIP Number) Carol A. McCoy, 2001 Third Avenue South, Birmingham, AL 35233 (205) 325-4243 - ------------------------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 1, 1999 ------------ (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box. Check the following box if a fee is being paid with the statement____. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1, and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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 disclosures provided in a prior cover page. The information required on 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). (Continued on following page(s)) Page 1 of 7 Pages CUSIP No. 925391 10 4 --------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS Torchmark Corporation S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 63-0780404 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS 00 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 4,450,000 SHARES ----------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 0 REPORTING ----------------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 4,450,000 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,130,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.46% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC - -------------------------------------------------------------------------------- 2 CUSIP No. 925391 10 4 --------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS United Investors Life Insurance Company - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Missouri - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 680,000 SHARES ----------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 0 REPORTING ----------------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 680,000 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 680,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.64% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IC - -------------------------------------------------------------------------------- 3 Item 1. Security and Issuer. Common Stock of Vesta Insurance Group, Inc. 3760 River Run Drive Birmingham, AL 35243 Item 2. Identity and Background. Torchmark Corporation, a Delaware corporation 2001 Third Avenue South Birmingham, AL 35233 Torchmark Corporation ("TMK") is an insurance and diversified financial services holding company. United Investors Life Insurance Company, a Missouri corporation 2001 Third Avenue South Birmingham, AL 35233 United Investors Life Insurance Company ("UILIC") is an insurer marketing individual life insurance and annuities. (d) No. (e) No. Item 3. Source and Amount of Funds or Other Consideration. Working capital of UILIC. Item 4. Purpose of Transaction. Not applicable. TMK and UILIC have no current plans or proposals which relate to or would result in any of the matters listed in Items 4(a) through (j), inclusive, of Schedule 13D. Item 5. Interest in Securities of the Issuer. (a) TMK is the record owner of 4,450,000 shares of Vesta's common stock, and the deemed beneficial owner of an additional 680,000 shares of Vesta common stock held of record by its subsidiary, UILIC (total of 27.46%). UILIC is the record owner of 680,000 shares (3.64%) of Vesta common stock. (b) TMK has sole voting and dispositive power over the Vesta shares it holds of record and no voting or dispositive power over the Vesta shares owned by UILIC. UILIC has sole voting and dispositive power over the Vesta shares it holds of record. 4 (c) On July 1, 1999, UILIC purchased 680,000 shares of Vesta's common stock in a private placement transaction for $4.75 per share. (d) None. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Not applicable. Item 7. Material to be Filed as Exhibits Joint Filing Agreement. 5 SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. TORCHMARK CORPORATION By: /s/ Carol A. McCoy ---------------------------------- Carol A. McCoy Its: Associate Counsel & Secretary UNITED INVESTORS LIFE INSURANCE COMPANY By: /s/ Michael J. Klyce ---------------------------------- Michael J. Klyce Its: Treasurer 6 JOINT FILING AGREEMENT The undersigned, Torchmark Corporation and United Investors Life Insurance Company, hereby agree to file jointly the Schedule 13D and any amendments thereto required under the Securities Exchange Act of 1934 for their ownership of common stock of Vesta Insurance Group, Inc. This Joint Filing Agreement shall be effective commencing with its execution and shall continue until revoked in writing by the parties hereto. Done this 1st day of July, 1999. TORCHMARK CORPORATION Attest: By: /s/ Michael J. Klyce ----------------------- ------------------------------ Secretary Its Vice President and Treasurer UNITED INVESTORS LIFE INSURANCE COMPANY Attest: By: /s/ Michael J. Klyce ------------------------ ------------------------------- Assistant Secretary Its Treasurer 7 -----END PRIVACY-ENHANCED MESSAGE-----