SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) September 17, 2003 UNITED TRUST GROUP, INC. (Exact Name of Registrant as specified in its charter) ILLINOIS 0-16867 37-1172848 (State or other Juris- (Commission (I.R.S. Employer diction of incorporation File Number) identification No.) 5250 SOUTH SIXTH STREET P.O. BOX 5147 SPRINGFIELD, IL 62705 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code (217)-241-6300 Not Applicable (Former name or former address, if changed since last report) ITEM 5. Other Events and Regulation FD Disclosure On September 17, 2003, the Board of Directors of United Trust Group, Inc. ("UTG") approved a resolution amending the Company's Employee and Director Stock Purchase Plan (the "Plan") originally established in 2002. The amendment was in response to Statement of Financial Accounting Standards No. 150 "Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity" which generally becomes effective for entities at the beginning of the first interim period beginning after June 15, 2003. FAS 150 contained, among other matters, new guidance on the accounting treatment of various financial instruments issued in the form of shares that embody unconditional obligations of the issuer to redeem the instruments by transferring its assets at a specified or determinable date or dates or upon an event that is certain to occur. The original plan contained such a provision, whereby UTG was required to repurchase shares issued under the plan upon the termination of employment or death of the plan participant. Under the FAS 150 guidance, such a financial instrument would be classified as a liability rather than equity. The amendment made to the plan changed these mandatory redemption provisions to comply with the new rules and maintain an equity treatment status. Included with this filing as Exhibit 99.1 is the United Trust Group, Inc. Employee and Director Stock Purchase Plan as amended including the associated exhibits of Notice of Offering and Subscription Agreement and Amended and Restated Stock Restriction and Buy-Sell Agreement. ITEM 7. Financial Statements and Exhibits The following exhibits are included with this 8K filing: Exhibit Number Description Page 99.1 United Trust Group, Inc. Employee and Director Stock Purchase Plan 4 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITED TRUST GROUP, INC. (Registrant) By: /s/ Randall L. Attkisson Randall L. Attkisson President , Chief Operating Officer and Director By: /s/ Theodore C. Miller Theodore C. Miller Senior Vice President and Chief Financial Officer Date: September 18, 2003
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Filed: 19 Sep 03, 12:00am