-----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, PKQzdLL9OlhQjeSHyW5okmaM029rmw4FqQHB5lTz8GwnWlKqo/0wQYgwKfKap43T YskXJIGV94ICYj1BJcQvSg== 0000909518-01-000057.txt : 20010124 0000909518-01-000057.hdr.sgml : 20010124 ACCESSION NUMBER: 0000909518-01-000057 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20010123 GROUP MEMBERS: FAMILY LIFE INSURANCE COMPANY GROUP MEMBERS: FINANCIAL INDUSTRIES CORP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERCONTINENTAL LIFE CORP CENTRAL INDEX KEY: 0000050982 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 221890938 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-31630 FILM NUMBER: 1513578 BUSINESS ADDRESS: STREET 1: THE AUSTIN CENTRE STREET 2: 701 BRAZOS 12TH FL CITY: AUSTIN STATE: TX ZIP: 78701 BUSINESS PHONE: 5124045050 MAIL ADDRESS: STREET 1: 701 BRAZOS STE 1400 STREET 2: ATTN KELLYE S SEEKATZ CITY: AUSTIN STATE: TX ZIP: 78701 FORMER COMPANY: FORMER CONFORMED NAME: INTERCONTINENTAL FINANCIAL CORP DATE OF NAME CHANGE: 19781019 FORMER COMPANY: FORMER CONFORMED NAME: INTERCONTINENTAL LIFE CO DATE OF NAME CHANGE: 19600201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FINANCIAL INDUSTRIES CORP CENTRAL INDEX KEY: 0000035733 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 742126975 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: THE AUSTIN CENTER STREET 2: 701 BRAZOS 12TH FL CITY: AUSTIN STATE: TX ZIP: 78701 BUSINESS PHONE: 5124045050 MAIL ADDRESS: STREET 1: 701 BRAZOS 12TH FL CITY: AUSTIN STATE: TX ZIP: 78701 FORMER COMPANY: FORMER CONFORMED NAME: GOLDEN UNITED INVESTMENT CO STOCK PLAN DATE OF NAME CHANGE: 19731128 FORMER COMPANY: FORMER CONFORMED NAME: ILEX CORP DATE OF NAME CHANGE: 19730801 FORMER COMPANY: FORMER CONFORMED NAME: GOLDEN UNITED INVESTMENT CO DATE OF NAME CHANGE: 19730801 SC 13D 1 0001.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------- SCHEDULE 13D (RULE 13D-101) Under the Securities Exchange Act of 1934 INTERCONTINENTAL LIFE CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $0.22 PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 458593100 - -------------------------------------------------------------------------------- (CUSIP Number) THEODORE A. FLERON FINANCIAL INDUSTRIES CORPORATION 6500 RIVER PLACE BLVD., BUILDING ONE AUSTIN, TEXAS 78730 (512) 404-5000 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) JANUARY 17, 2001 - -------------------------------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), (f) or (g), check the following box. [ ] (Continued on following pages) Page 1 45227.0004
- ------------------------------------------------ ------------------ CUSIP No. 458593100 13D Page 2 - ------------------------------------------------ ------------------ - ---------- ------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only) FINANCIAL INDUSTRIES CORPORATION - ---------- ------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- ------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS N/A - ---------- ------------------------------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ---------- ------------------------------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS - --------------------------------------------------- --------- --------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES 3,590,292 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - --------------------------------------------------- --------- --------------------------------------------------- 8 SHARED VOTING POWER 342,400 - --------------------------------------------------- --------- --------------------------------------------------- 9 SOLE DISPOSITIVE POWER 3,590,292 - --------------------------------------------------- --------- --------------------------------------------------- 10 SHARED DISPOSITIVE POWER 342,400 - ---------- ------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,932,692 - ---------- ------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES [ ] - ---------- ------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 48.4% - ---------- ------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON HC, CO - ---------- ------------------------------------------------------------------------------------------------------ * THE REPORTING PERSON EXPRESSLY DISCLAIMS (I) THE EXISTENCE OF ANY GROUP AND (II) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5. 2 - ------------------------------------------------ ------------------ CUSIP No. 458593100 13D Page 3 - ------------------------------------------------ ------------------ - ---------- ------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only) FAMILY LIFE INSURANCE COMPANY - ---------- ------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- ------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS N/A - ---------- ------------------------------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ---------- ------------------------------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION WASHINGTON - --------------------------------------------------- --------- --------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - --------------------------------------------------- --------- --------------------------------------------------- 8 SHARED VOTING POWER 342,400 - --------------------------------------------------- --------- --------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - --------------------------------------------------- --------- --------------------------------------------------- 10 SHARED DISPOSITIVE POWER 342,400 - ---------- ------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 342,400 - ---------- ------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES [ ] - ---------- ------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 4.2% - ---------- ------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON CO, IC - ---------- ------------------------------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (I) THE EXISTENCE OF ANY GROUP AND (II) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5. 3 ITEM 1. SECURITY AND ISSUER The class of equity securities to which this Schedule 13D (this "Statement") relates is the Common Stock par value $0.22 per share (the "Common Stock"), of InterContinental Life Corporation (the "Company"). The address of the Company's principal executive offices is 6500 River Place Blvd., Building One, Austin, Texas 78730. ITEM 2. IDENTITY AND BACKGROUND (a) - (c) Financial Industries Corporation, a Texas corporation ("FIC"), is located at 6500 River Place Blvd., Building One, Austin, Texas 78730. Family Life Insurance Company, a Washington corporation ("Family Life"), with its statutory office at 2101 4th Ave., Suite 700, Seattle, Washington 98121 and its administrative office located at 6500 River Place Blvd., Building One, Austin, Texas 78730. A list of the directors and executive officers of FIC is attached hereto as Exhibit 1 in response to Item 2(a)-(c). A list of the executive officers and directors of Family Life is attached hereto as Exhibit 2 in response to Item 2(a)-(c). (d) Neither FIC, Family Life nor any of the directors or executive officers of FIC or Family Life have, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) Neither FIC, Family Life nor any of the directors or executive officers of FIC or Family Life have, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. (f) Each of the directors and executive officers of FIC and Family Life is a citizen of the United States of America. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION In January 1985, FIC purchased approximately 26.53% of the Company's Common Stock from former officers, directors and founding shareholders of the Company. From 1985 to 1987, FIC acquired the additional shares that it now owns by way of open market purchases and the exercise of options in December 1987 which were previously granted by the Company to FIC. Such shares have been held continuously since 1987 and have been reported in each of FIC's and the Company's periodic reports filed with the Securities and Exchange Commission. The consideration for the shares which were acquired by FIC pursuant to the option agreement with the Company consisted of a cash payment in the amount of $790,000 and the acknowledgement by FIC of the satisfaction of certain indebtedness owed to FIC by the Company in the amount of $1.2 million. The funds used to acquire stock of the Company in the open market came from the operations of FIC. Page 4 ITEM 4. PURPOSE OF TRANSACTION On January 18, 2001, FIC and the Company jointly announced a definitive agreement pursuant to which FIC will acquire the remaining 51.6% of the Company's Common Stock. The transaction is subject to the approval of certain maters by the shareholders of the Company and FIC. The terms of the definitive agreement (filed as Exhibit 3 hereto) are incorporated herein by reference. ITEM 5. INTEREST IN SECURITIES OF ISSUER (a) FIC may be deemed to beneficially own 3,932,692 shares or 48.4% of the Company's issued and outstanding Common Stock. Of such shares, FIC has sole voting and dispositive power with respect to 3,590,292 shares, and shared voting and dispositive power with respect to 342,400 shares as a result of the relationship described in (b) below. Family Life may be deemed to beneficially own 342,400 shares or 4.2% of the Company's issued and outstanding Common Stock. Of such shares, Family Life has sole voting and dispositive power with respect to no shares, and shared voting and dispositive power with respect to 342,400 shares as a result of the relationship described in (b) below. (b) Of the 3,590,292 shares for which FIC has sole voting and dispositive power, 3,590,292 shares are held of record by FIC. Of the 342,400 shares for which FIC has shared voting and dispositve power, 342,400 shares are owned of record by Family Life, a subsidiary of FIC. (c) Not applicable. (d) Neither FIC nor Family Life is aware of any other person who has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any of the securities reported herein. (e) Not applicable. ITEM 6. The matters set forth in Item 4 above are incorporated in this Item 6 by reference as if fully set forth herein. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS 1 Executive Officer and Director List for FIC in response to Item 2(a)-(c).* 2 Executive Officer and Director List for Family Life in response to Item 2(a)-(c).* 3 Agreement and Plan of Merger, dated as of January 17, 2001, among the Company, FIC and ILCO Acquisition Company.** - ------------------ * Filed herewith ** Incorporated by reference to Exhibit 10.1 to Current Report on Form 8-K dated January 22, 2001 filed by FIC). Page 5 SIGNATURE 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. January 23, 2001 FINANCIAL INDUSTRIES CORPORATION - ---------------- Date By: /s/ James M. Grace ------------------------------------ Name: James M. Grace Title: Vice President and Treasurer Page 6 SIGNATURE 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. January 23, 2001 FAMILY LIFE INSURANCE COMPANY - ---------------- Date By: /s/ James M. Grace --------------------------------------- Name: James M. Grace Title: Executive Vice President and Chief Financial Officer Page 7 EXHIBIT INDEX Exhibit No. Description ----------- ----------- 1 Executive Officer and Director List for FIC in response to Item 2(a)-(c).* 2 Executive Officer and Director List for Family Life in response to Item 2(a)-(c).* 3 Agreement and Plan of Merger, dated as of January 17, 2001, among the Company, FIC and ILCO Acquisition Company.** - ------------------ * Filed herewith ** Incorporated by reference to Exhibit 10.1 to Current Report on Form 8-K dated January 22, 2001 filed by FIC). Page 8 EX-99 2 0002.txt 1 EXHIBIT 1 --------- DIRECTORS AND EXECUTIVE OFFICERS OF FINANCIAL INDUSTRIES CORPORATION The following information is provided with regard to the directors and executive officers of Financial Industries Corporation. The principal business address of each of such persons is 6500 River Place Blvd., Building One, Austin, Texas 78730 unless otherwise indicated. DIRECTORS Name and Business Address Present Principal Occupation or Employment - ------------------------- ------------------------------------------ John D. Barnett Vice President, Investment Professionals, 16414 San Pedro, Suite 150 Inc. San Antonio, Texas 78232 Joseph F. Crowe Retired 706 Golf Crest Lane Lakeway, Texas 78734 Jeffrey H. Demgen Vice President of FIC and the Company; Executive Vice President of Family Life Insurance Company, Investors Life Company of North America and Investors Life Company of Indiana Theodore A. Fleron Vice President and Assistant Secretary of FIC and the Company; Senior Vice President, General Counsel and Assistant Secretary of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company James M. Grace Vice President and Treasurer of FIC and the Company; Executive Vice President and Treasurer of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company Michael S. Mitte Executive Director, Roy F. Mitte and Joann Cole Mitte Foundation Roy F. Mitte Chairman of the Board, President and Chief Executive Officer of FIC, the Company, Investors Life Company of North America, Investors Life Company of Page 1 Indiana and Family Life Insurance Company; Chairman of the Board of ILG Securities Corporation; Director and President, Roy F. Mitte and Joann Cole Mitte Foundation Frank Parker Private Investor 4 Holly Lane Brownsville, Texas 78520 Thomas C. Richmond Senior Vice President of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company Steven P. Schmitt Vice President and Secretary of FIC and the Company; Executive Vice President and Secretary of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company Jerome H. Supple President and Professor of Chemistry, Southwest Texas State University Southwest Texas State University 1020 JC Kellam--601 University Drive San Marcos, Texas 78666-4615 EXECUTIVE OFFICERS Name and Business Address Present Principal Occupation or Employment - ------------------------- ------------------------------------------ Roy F. Mitte Chairman of the Board, President and Chief Executive Officer of FIC, the Company, Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company; Chairman of the Board of ILG Securities Corporation; Director and President, Roy F. Mitte and Joann Cole Mitte Foundation James M. Grace Vice President and Treasurer of FIC and the Company; Executive Vice President and Treasurer of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company Page 2 Steven P. Schmitt Vice President and Secretary of FIC and the Company; Executive Vice President and Secretary of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company Jeffrey H. Demgen Vice President of FIC and the Company; Executive Vice President of Family Life Insurance Company, Investors Life Company of North America and Investors Life Company of Indiana Page 3 EX-99 3 0003.txt 2 EXHIBIT 2 --------- DIRECTORS AND EXECUTIVE OFFICERS OF FAMILY LIFE INSURANCE COMPANY The following information is provided with regard to the directors and executive officers of Family Life Insurance Company. The principal business address of each of such persons is 6500 River Place Blvd., Building One, Austin, Texas 78730 unless otherwise indicated. DIRECTORS Name and Business Address Present Principal Occupation or Employment - ------------------------- ------------------------------------------ Jeffrey H. Demgen Vice President of FIC and the Company; Executive Vice President of Family Life Insurance Company, Investors Life Company of North America and Investors Life Company of Indiana Theodore A. Fleron Vice President and Assistant Secretary of FIC and the Company; Senior Vice President, General Counsel and Assistant Secretary of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company James M. Grace Vice President and Treasurer of FIC and the Company; Executive Vice President and Treasurer of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company Roy F. Mitte Chairman of the Board, President and Chief Executive Officer of FIC, the Company, Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company; Chairman of the Board of ILG Securities Corporation; Director and President, Roy F. Mitte and Joann Cole Mitte Foundation Steven P. Schmitt Vice President and Secretary of FIC and the Company; Executive Vice President and Secretary of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company Page 1 EXECUTIVE OFFICERS Name and Business Address Present Principal Occupation or Employment - ------------------------- ------------------------------------------ Roy F. Mitte Chairman of the Board, President and Chief Executive Officer of FIC, the Company, Investors Life Company of North America, Investors Life Company of Indiana and Family Life; Chairman of the Board of ILG Securities Corporation; Director and President, Roy F. Mitte and Joann Cole Mitte Foundation James M. Grace Vice President and Treasurer of FIC and the Company; Executive Vice President and Treasurer of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company Steven P. Schmitt Vice President and Secretary of FIC and the Company; Executive Vice President and Secretary of Investors Life Company of North America, Investors Life Company of Indiana and Family Life Insurance Company Jeffrey H. Demgen Vice President of FIC and the Company; Executive Vice President of Family Life Insurance Company, Investors Life Company of North America and Investors Life Company of Indiana Page 2 -----END PRIVACY-ENHANCED MESSAGE-----