Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 10)*
Under the Securities Exchange Act of 1934
Investors Title Company
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
461804106
(CUSIP Number)
December 31, 2020
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
| | Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)
*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 the disclosures
provided in a prior cover page.
The information required in 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).
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CUSIP No. 461804106
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1.
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NAME OF REPORTING PERSONS
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William Morris Fine
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
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(a) |_|
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(b) |_|
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3.
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SEC USE ONLY
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States of America
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NUMBER OF
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5.
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SOLE VOTING POWER
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SHARES
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83,334
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BENEFICIALLY
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6.
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SHARED VOTING POWER
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OWNED BY
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95,470
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EACH
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7.
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SOLE DISPOSITIVE POWER
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REPORTING
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83,334
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PERSON
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8.
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SHARED DISPOSITIVE POWER
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WITH
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95,470
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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178,804 (1)
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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9.45%
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12.
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TYPE OF REPORTING PERSON*
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IN
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*SEE INSTRUCTIONS
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(1) 95,000 of these shares are held by a limited partnership of which Mr. Fine is a general partner and shares joint voting power over such shares with James A. Fine, Jr. Additionally, this number includes 470
shares that are held by his wife.
ITEM 1(a). NAME OF ISSUER:
Investors Title Company
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
121 N. Columbia Street
Chapel Hill, North Carolina 27514
ITEM 2(a). NAME OF PERSON FILING:
William Morris Fine
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
121 N. Columbia Street
Chapel Hill, North Carolina 27514
United States of America
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, no par value (the "Common Stock")
ITEM 2(e). CUSIP NUMBER:
461804106
ITEM 3.
Not Applicable
ITEM 4. OWNERSHIP:
(a) AMOUNT BENEFICIALLY OWNED:
178,804 (1)
(b) PERCENT OF CLASS:
9.45%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or to direct the vote:
83,334
(ii) Shared power to vote or to direct the vote:
95,470
(iii) Sole power to dispose or to direct the disposition of:
83,334
(iv) Shared power to dispose or to direct the disposition of:
95,470
(1) 95,000 of these shares are held by a limited partnership of which Mr. Fine is a general partner and shares joint voting power over such shares with James A. Fine, Jr. Additionally, this number includes 470
shares that are held by his wife.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON:
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF THE GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
Not Applicable
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.
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Dated: February 16, 2021
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Chapel Hill, North Carolina
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/s/ William Morris Fine
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William Morris Fine
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