Schedule 13-D

 


SEC 1746

(11-02)

  

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934

(Amendment No.             )*

 

 

 

 

 

Alfa Corporation


(Name of Issuer)

 

 

Common Stock, Par Value $1.00 Per Share


(Title of Class of Securities)

 

 

015385107


(CUSIP Number)

 

 

Al Scott, 2108 E. South Boulevard, Montgomery, AL 36116-2015


(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

April 4, 2003


(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 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).

 

1


CUSIP No. 015385107

 


  1.


 

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

 

Alfa Mutual Insurance Company

   

  2.

 

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  x

(b)  ¨

   

  3.


 

SEC Use Only

 

   

  4.


 

Source of Funds (See Instructions)

 

WC

   

  5.


 

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

 

¨


  6.


 

Citizenship or Place of Organization

 

Alabama

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

        33,743,928


  8.    Shared Voting Power

 

        None


  9.    Sole Dispositive Power

 

        33,743,928


10.    Shared Dispositive Power

 


11.


 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

33,743,928

   

12.


 

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

¨

 


13.


 

Percent of Class Represented by Amount in Row (11)

 

42%            

   

14.


 

Type of Reporting Person (See Instructions)

 

IC            

   

 

2


CUSIP No.

 


  1.


 

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

 

Alfa Mutual Fire Insurance Company

   

  2.

 

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  x

(b)  ¨

   

  3.


 

SEC Use Only

 

   

  4.


 

Source of Funds (See Instructions)

 

WC

   

  5.


 

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

 

¨


  6.


 

Citizenship or Place of Organization

 

Alabama

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

        8,948,626


  8.    Shared Voting Power

 

        None


  9.    Sole Dispositive Power

 

        8,948,626


10.    Shared Dispositive Power

 

        None


11.


 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

8,948,626

   

12.


 

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

¨

 


13.


 

Percent of Class Represented by Amount in Row (11)

 

11%            

   

14.


 

Type of Reporting Person (See Instructions)

 

IC            

   

 

3


CUSIP No. 015385107

 


  1.


 

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

 

Alfa Mutual General Insurance Company             

   

  2.

 

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  x

(b)  ¨

   

  3.


 

SEC Use Only

 

   

  4.


 

Source of Funds (See Instructions)

 

WC

   

  5.


 

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

 

¨


  6.


 

Citizenship or Place of Organization

 

Alabama

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

        553,853


  8.    Shared Voting Power

 

        None


  9.    Sole Dispositive Power

 

        553,853


10.    Shared Dispositive Power

 


11.


 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

553,853

   

12.


 

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

¨

 


13.


 

Percent of Class Represented by Amount in Row (11)

 

.64%

   

14.


 

Type of Reporting Person (See Instructions)

 

IC            

   

 

4


 

Item 1. Security and Issuer.

 

The class of equity securities to which this statement relates is the common stock, par value $1.00 per share (the “Common Stock”), of Alfa Corporation (the “Issuer”). The principal executive offices of the Issuer are located at 2108 E. South Boulevard, Montgomery, Alabama 36116-2015.

 

Item 2. Identity and Background.

 

This statement is filed jointly by each of the following persons pursuant to Rule 13d-1(k) promulgated under Section 13 of the Securities Exchange Act of 1934, as amended: (i) Alfa Mutual Insurance Company, an Alabama corporation (AMI), (ii) Alfa Mutual Fire Insurance Company, an Alabama corporation (AMFI), and (iii) Alfa Mutual General Insurance Company, an Alabama corporation (AMGI).

 

Information with respect to each of the reporting persons is given solely by such reporting person, and no reporting person assumes responsibility for the accuracy or completeness of information provided by another reporting person. By their signatures on this statement, each of the reporting persons agrees that this statement is filed on behalf of such reporting person.

 

(a) – (c), (f). The name and place of organization of each reporting person hereto (each, a “Reporting Person”) is herein incorporated by reference to the responses to Items 1 and 6 on the cover page provided for each respective Reporting Person. The name, address and principal occupation, as applicable, of each director or executive officer of each Reporting Person (each, a “Disclosed Party” and collectively, the “Disclosed Parties”) is set forth on Schedules 1-A through 1-C hereto. Each Disclosed Party is a citizen of the United States.

 

Each of AMI, AMFI and AMGI is an insurance company organized under Alabama law and is headquartered in Montgomery, Alabama at 2108 E. South Boulevard, Montgomery, Alabama 36116-2015.

 

(d) – (e) During the last five years, no Reporting Person or, to the knowledge of any Reporting Person, no Disclosed Party related to such Reporting Person, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has 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 of final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 3. Source and Amount of Funds or Other Consideration.

 

The information set forth in Item 4 of the cover page of each Reporting Person to this Schedule 13D and the information set forth in Item 4 of this Schedule 13D are hereby incorporated by reference herein.

 

5


 

Item 4. Purpose of the Transaction.

 

AMI is and has been a controlling shareholder of the Issuer. AMI, AMFI and AMGI together own in excess of 50 percent of the Issuer’s Common Stock and intend to continue such ownership in substantially the same percentage amounts currently owned. The directors of AMI, AMFI and AMGI and their executive officers are the same persons. They may purchase additional shares of Common Stock from time to time, but plan to maintain total ownership in the Issuer at approximately 51 percent in the aggregate.

 

The Reporting Persons have no plans for the following with respect to the issuer:

 

(a) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;

 

(b) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;

 

(c) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number of term of directors or to fill any existing vacancies on the board;

 

(d) Any material change in the present capitalization or dividend policy of the Issuer;

 

(e) Any other material change in the Issuer’s business or corporate structure;

 

(f) Changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;

 

(g) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of registered national securities association;

 

(h) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

 

(i) Any action similar to any of those enumerated above.

 

Item 5. Interest in the Securities of the Issuer.

 

The responses to Items 7 through 13 on the cover page provided for each Reporting Person that relate to the beneficial ownership of the Common Stock, are incorporated hereby by reference.

 

The information set forth in Item 4 of this Schedule 13 D is hereby incorporated by reference herein.

 

6


 

(a) According to the Issuer’s annual report on Form 10-K as filed with the Commission on March 27, 2003, there were 79,278,345 shares of Common Stock issued and outstanding. The Reporting Persons beneficially own, directly or indirectly, an aggregate of 43,246,407 shares of Common Stock, (representing approximately 54% of the outstanding shares of Common Stock).

 

Each of the Disclosed Parties disclaims membership in a “group” for purposes of Section 13 of the Securities Exchange Act of 1934, as amended. The filing of this Schedule 13D shall not be construed as an admission that any Disclosed Party is the beneficial owner of shares held by a group or that any Disclosed Party constitutes a group. Each Reporting Person and Disclosed Party is not responsible for the accuracy of any information filed in this Schedule 13D relating to any Reporting Person or Disclosed Party other than itself and its related persons or entities.

 

(b) Each Reporting Person possesses sole power to direct the voting and disposition of the shares of Common Stock held by each Reporting Person. The Disclosed Parties possess sole power to direct the voting and disposition of their respective shares of Common Stock.

 

(c) During the past 60 days, each Reporting Person has acquired shares of the Common Stock in open market transactions as shown on Schedules 1-D through 1-F hereto.

 

(d) With respect to the Common Stock held by any Reporting Person, there is no person that has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such stock other than such Reporting Person.

 

(e) Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

The information set forth in Item 4 of this Schedule 13D is hereby incorporated by reference herein.

 

Item 7. Material to be filed as Exhibits.

 

99.1

  

Agreement of Joint Filing dated as of April 15, 2003.

 

The Index of Exhibits attached to this statement is herein incorporated by reference in its entirety.

 

 

7


 

SIGNATURES

 

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.

 

DATED:    April 24, 2003

     

ALFA MUTUAL INSURANCE COMPANY

           

By:

 

/S/   JERRY A. NEWBY


           

Name:

 

Jerry A. Newby

           

Title:

 

Chairman

       

ALFA MUTUAL FIRE INSURANCE COMPANY

           

By:

 

/S/  JERRY A. NEWBY


           

Name:

 

Jerry A. Newby

           

Title:

 

Chairman

       

ALFA MUTUAL GENERAL INSURANCE COMPANY

           

By:

 

/S/  JERRY A. NEWBY


           

Name:

 

Jerry A. Newby

           

Title:

 

Chairman

 

 

8


 

INDEX OF EXHIBITS

 

Number


  

Description


99.1

  

Agreement of Joint Filing dated as of April 15, 2003 among AMI, AMFI and AMGI

 

 

9


 

AGREEMENT OF JOINT FILING

 

This Agreement is dated as of April 15, 2003, among Alfa Mutual Insurance Company, Alfa Mutual Fire Insurance Company, and Alfa Mutual General Insurance Company.

 

WHEREAS, pursuant to paragraph (k) of the Rule 13d-1 promulgated under subsection 13(d)(1) of the Securities Exchange Act of 1934, as amended (the “1934 Act”), the parties hereto have decided t satisfy their filing obligations under the 1934 Act by a single joint filing.

 

NOW, THEREFORE, the undersigned hereby agree as follows:

 

1. The Schedule 13D with respect to Alfa Corporation, to which this Agreement is attached as Exhibit 99.1, as well as all future amendments to such Schedule, shall be filed joint on behalf of AMI, AMFI and AMGI.

 

2. Each of AMI, AMFI and AMGI is responsible for the completeness and accuracy of the information concerning such person contained therein; provided that each person is not responsible for the completeness or accuracy of the information concerning any other person making such filing.

 

IN WITNESS WHEREOF, the undersigned hereto set their hands as of the date first above written.

 

ALFA MUTUAL GENERAL INSURANCE COMPANY

     

ALFA MUTUAL INSURANCE COMPANY

By:

 

/S/    JERRY A. NEWBY


     

By:

 

/S/    JERRY A. NEWBY


Name:

 

Jerry A. Newby

     

Name:

 

Jerry A. Newby

Title:

 

Chairman

     

Title:

 

Chairman

       

ALFA MUTUAL FIRE INSURANCE COMPANY

           

By:

 

/S/    JERRY A. NEWBY


           

Name:

 

Jerry A. Newby

           

Title:

 

Chairman

 

 

10


 

SCHEDULE 1-A

Alfa Mutual Insurance Company

Directors and Executive Officers

 

Name


  

Address


  

Title


  

Principal Occupation


Jerry A. Newby

  

20405 Mooresville Road

Athens, AL 35613

  

President and CEO

  

Farmer

Hal Lee

  

571 Lee Road

Hartselle, AL 35640

  

Vice President

(North Area)

  

Farmer

C. Lee Ellis

  

6304 Clarendon Road

Montgomery, AL 36117

  

Executive Vice President

(Operations)

  

Farmer

Wayne Hawkins

  

Post Office Box 11000

Montgomery, AL 36191

  

Executive Vice President

(Marketing)

  

Farmer

Ricky Wiggins

  

Route 5, Box 228

Andalusia, AL 36420

  

Vice President

(Southeast Area)

  

Farmer

H. Al Scott

  

Post Office Box 11000

Montgomery, AL 36191

  

Senior Vice President,

General Counsel and Secretary

  

Farmer

Dean Wysner

  

1971 Country Road 27

Woodland, AL 36280

  

Vice President

(Central Area)

  

Farmer

Stephen G. Rutledge

  

Post Office Box 11000

Montgomery, AL 36191

  

CFO and Senior

Vice President

  

Farmer

James A. Tolar, Jr.

  

Route 2, Box 220-D

Marion, AL 36756

  

Vice President

(Southwest Area)

  

Farmer

Steve Dunn

  

Route 1, Box 126

Evergreen, AL 36401

  

Secretary – Treasurer

  

Farmer

L.O. Bishop

  

10 L.O. Bishop Lane

Cherokee, AL 35616

  

Director

  

Farmer

Ted Grantland

  

2805 E. Upper River Road

Somerville, AL 35670

  

Director

  

Farmer

Jon H. Miller

  

15386 Wire Road

Cottondale, AL 35453

  

Director

  

Farmer

Frank Hughes

  

1629 County Road 60

Pisgah, AL 35765

  

Director

  

Farmer

Carl Godsey

  

2570 County Road 61

Houston, AL 35572

  

Director

  

Farmer

Joel Bearden

  

6234 Helena Road

Helena, AL 35080

  

Director

  

Farmer

 

11


 

Philip Martin

  

2621 Three Notch Road

Enterprise, AL 36330

  

Director

  

Farmer

Bert Driskell

  

14011 Cat Deakle Road

Grand Bay, AL 36541

  

Director

  

Farmer

John Neighbors

  

3730 Old Dark Road

Alexander City, AL 35010

  

Director

  

Farmer

Harold McCool

  

390 McCool Road

Gordo, Al 35466

  

Director

  

Farmer

Jimmy Parnell

  

2335 Chilton Road 313

Stanton, AL 36790

  

Director

  

Farmer

George Jeffcoat

  

519 Jeffcoat Rod

Gordon, AL 36343

  

Director

  

Farmer

 

12


 

SCHEDULE 1-B

Alfa Mutual Fire Insurance Company

Directors and Executive Officers

 

Name


  

Address


  

Title


  

Principal Occupation


Jerry A. Newby

  

20405 Mooresville Road

Athens, AL 35613

  

President and CEO

  

Farmer

Hal Lee

  

571 Lee Road

Hartselle, AL 35640

  

Vice President

(North Area)

  

Farmer

C. Lee Ellis

  

6304 Clarendon Road

Montgomery, AL 36117

  

Executive Vice President

(Operations)

  

Farmer

Wayne Hawkins

  

Post Office Box 11000

Montgomery, AL 36191

  

Executive Vice President

(Marketing)

  

Farmer

Ricky Wiggins

  

Route 5, Box 228

Andalusia, AL 36420

  

Vice President

(Southeast Area)

  

Farmer

H. Al Scott

  

Post Office Box 11000

Montgomery, AL 36191

  

Senior Vice President,

General Counsel and Secretary

  

Farmer

Dean Wysner

  

1971 Country Road 27

Woodland, AL 36280

  

Vice President

(Central Area)

  

Farmer

Stephen G. Rutledge

  

Post Office Box 11000

Montgomery, AL 36191

  

CFO and Senior

Vice President

  

Farmer

James A. Tolar, Jr.

  

Route 2, Box 220-D

Marion, AL 36756

  

Vice President

(Southwest Area)

  

Farmer

Steve Dunn

  

Route 1, Box 126

Evergreen, AL 36401

  

Secretary – Treasurer

  

Farmer

L.O. Bishop

  

10 L.O. Bishop Lane

Cherokee, AL 35616

  

Director

  

Farmer

Ted Grantland

  

2805 E. Upper River Road

Somerville, AL 35670

  

Director

  

Farmer

Jon H. Miller

  

15386 Wire Road

Cottondale, AL 35453

  

Director

  

Farmer

Frank Hughes

  

1629 County Road 60

Pisgah, AL 35765

  

Director

  

Farmer

Carl Godsey

  

2570 County Road 61

Houston, AL 35572

  

Director

  

Farmer

Joel Bearden

  

6234 Helena Road

Helena, AL 35080

  

Director

  

Farmer

 

13


 

Philip Martin

  

2621 Three Notch Road

Enterprise, AL 36330

  

Director

  

Farmer

Bert Driskell

  

14011 Cat Deakle Road

Grand Bay, AL 36541

  

Director

  

Farmer

John Neighbors

  

3730 Old Dark Road

Alexander City, AL 35010

  

Director

  

Farmer

Harold McCool

  

390 McCool Road

Gordo, Al 35466

  

Director

  

Farmer

Jimmy Parnell

  

2335 Chilton Road 313

Stanton, AL 36790

  

Director

  

Farmer

George Jeffcoat

  

519 Jeffcoat Rod

Gordon, AL 36343

  

Director

  

Farmer

 

14


 

SCHEDULE 1-C

Alfa Mutual General Insurance Company

Directors and Executive Officers

Directors and Executive Officers

 

Name


  

Address


  

Title


    

Principal Occupation


Jerry A. Newby

  

20405 Mooresville Road

Athens, AL 35613

  

President and CEO

    

Farmer

Hal Lee

  

571 Lee Road

Hartselle, AL 35640

  

Vice President

(North Area)

    

Farmer

C. Lee Ellis

  

6304 Clarendon Road

Montgomery, AL 36117

  

Executive Vice President

(Operations)

    

Farmer

Wayne Hawkins

  

Post Office Box 11000

Montgomery, AL 36191

  

Executive Vice President

(Marketing)

    

Farmer

Ricky Wiggins

  

Route 5, Box 228

Andalusia, AL 36420

  

Vice President

(Southeast Area)

    

Farmer

H. Al Scott

  

Post Office Box 11000

Montgomery, AL 36191

  

Senior Vice President,

General Counsel and Secretary

    

Farmer

Dean Wysner

  

1971 Country Road 27

Woodland, AL 36280

  

Vice President

(Central Area)

    

Farmer

Stephen G. Rutledge

  

Post Office Box 11000

Montgomery, AL 36191

  

CFO and Senior Vice President

    

Farmer

James A. Tolar, Jr.

  

Route 2, Box 220-D

Marion, AL 36756

  

Vice President

(Southwest Area)

    

Farmer

Steve Dunn

  

Route 1, Box 126

Evergreen, AL 36401

  

Secretary – Treasurer

    

Farmer

L.O. Bishop

  

10 L.O. Bishop Lane

Cherokee, AL 35616

  

Director

    

Farmer

Ted Grantland

  

2805 E. Upper River Road

Somerville, AL 35670

  

Director

    

Farmer

Jon H. Miller

  

15386 Wire Road

Cottondale, AL 35453

  

Director

    

Farmer

Frank Hughes

  

1629 County Road 60

Pisgah, AL 35765

  

Director

    

Farmer

Carl Godsey

  

2570 County Road 61

Houston, AL 35572

  

Director

    

Farmer

Joel Bearden

  

6234 Helena Road

Helena, AL 35080

  

Director

    

Farmer

 

15


 

Philip Martin

  

2621 Three Notch Road

Enterprise, AL 36330

  

Director

  

Farmer

Bert Driskell

  

14011 Cat Deakle Road

Grand Bay, AL 36541

  

Director

  

Farmer

John Neighbors

  

3730 Old Dark Road

Alexander City, AL 35010

  

Director

  

Farmer

Harold McCool

  

390 McCool Road

Gordo, Al 35466

  

Director

  

Farmer

Jimmy Parnell

  

2335 Chilton Road 313

Stanton, AL 36790

  

Director

  

Farmer

George Jeffcoat

  

519 Jeffcoat Rod

Gordon, AL 36343

  

Director

  

Farmer

 

16


 

SCHEDULE 1-D

Alfa Mutual Insurance Company Trades for 60 Days

 

Purchaser


    

Date


    

Number of Shares

Purchased


    

Purchase Price


AMI

    

04/04/03

    

7,000

    

12.49

AMI

    

04/03/03

    

6,900

    

12.37

AMI

    

04/02/03

    

4,400

    

12.25

AMI

    

03/31/03

    

1,600

    

11.88

AMI

    

03/28/03

    

5,700

    

11.83

AMI

    

03/27/03

    

2,900

    

11.67

AMI

    

03/26/03

    

2,900

    

11.86

AMI

    

03/24/03

    

2,400

    

12.17

AMI

    

03/21/03

    

2,000

    

12.26

AMI

    

03/20/03

    

2,500

    

11.94

AMI

    

03/18/03

    

2,800

    

12.05

AMI

    

03/17/03

    

1,885

    

12.10

AMI

    

03/14/03

    

3,500

    

11.95

AMI

    

03/13/03

    

3,000

    

11.76

AMI

    

03/12/03

    

3,000

    

11.60

AMI

    

03/11/03

    

    740

    

11.73

AMI

    

03/10/03

    

2,600

    

11.68

AMI

    

03/07/03

    

1,300

    

11.68

AMI

    

03/06/03

    

1,400

    

11.57

AMI

    

03/05/03

    

2,400

    

11.62

AMI

    

03/04/03

    

    600

    

11.65

AMI

    

03/03/03

    

1,200

    

11.85

AMI

    

02/28/03

    

1,200

    

11.90

AMI

    

02/27/03

    

1,800

    

11.71

AMI

    

02/26/03

    

3,500

    

11.63

AMI

    

02/25/03

    

2,600

    

11.70

AMI

    

02/24/03

    

1,100

    

11.72

AMI

    

02/21/03

    

2,457

    

11.84

AMI

    

02/20/03

    

2,457

    

11.59

AMI

    

02/19/03

    

3,000

    

11.64

AMI

    

02/18/03

    

3,000

    

11.59

AMI

    

02/14/03

    

3,500

    

11.07

AMI

    

02/13/03

    

7,200

    

10.89

AMI

    

02/12/03

    

2,600

    

11.21

AMI

    

02/11/03

    

2,400

    

11.32

AMI

    

02/10/03

    

2,000

    

11.14

AMI

    

02/07/03

    

3,500

    

11.33

 

17


 

SCHEDULE 1-E

Alfa Mutual Fire Insurance Company Trades for 60 Days

 

Purchaser


    

Date


    

Number of Shares

Purchased


    

Purchase Price


AMFI

    

04/04/03

    

7,000

    

12.49

AMFI

    

04/03/03

    

6,900

    

12.37

AMFI

    

04/02/03

    

4,400

    

12.25

AMFI

    

03/31/03

    

1,600

    

11.88

AMFI

    

03/28/03

    

5,700

    

11.83

AMFI

    

03/27/03

    

2,900

    

11.67

AMFI

    

03/26/03

    

2,900

    

11.86

AMFI

    

03/24/03

    

2,400

    

12.17

AMFI

    

03/21/03

    

2,000

    

12.26

AMFI

    

03/20/03

    

2,500

    

11.94

AMFI

    

03/18/03

    

2,800

    

12.05

AMFI

    

03/17/03

    

1,885

    

12.10

AMFI

    

03/14/03

    

3,500

    

11.95

AMFI

    

03/13/03

    

3,000

    

11.76

AMFI

    

03/12/03

    

3,000

    

11.60

AMFI

    

03/11/03

    

    740

    

11.73

AMFI

    

03/10/03

    

2,600

    

11.68

AMFI

    

03/07/03

    

1,300

    

11.68

AMFI

    

03/06/03

    

1,400

    

11.57

AMFI

    

03/05/03

    

2,400

    

11.62

AMFI

    

03/04/03

    

    600

    

11.65

AMFI

    

03/03/03

    

1,200

    

11.85

AMFI

    

02/28/03

    

1,200

    

11.90

AMFI

    

02/27/03

    

1,800

    

11.71

AMFI

    

02/26/03

    

3,500

    

11.63

AMFI

    

02/25/03

    

2,600

    

11.70

AMFI

    

02/24/03

    

1,100

    

11.72

AMFI

    

02/21/03

    

2,457

    

11.84

AMFI

    

02/20/03

    

2,457

    

11.59

AMFI

    

02/19/03

    

3,000

    

11.64

AMFI

    

02/18/03

    

3,000

    

11.59

AMFI

    

02/14/03

    

3,500

    

11.07

AMFI

    

02/13/03

    

7,200

    

10.89

AMFI

    

02/12/03

    

2,600

    

11.21

AMFI

    

02/11/03

    

2,400

    

11.32

AMFI

    

02/10/03

    

2,000

    

11.14

AMFI

    

02/07/03

    

3,500

    

11.33

 

18


 

SCHEDULE 1-F

Alfa Mutual General Insurance Company Trades for 60 Days

 

Purchaser


    

Date


    

Number of Shares

Purchased


    

Purchase Price


AMGI

    

04/04/03

    

3,500

    

12.49

AMGI

    

04/03/03

    

3,700

    

12.37

AMGI

    

04/02/03

    

2,400

    

12.25

AMGI

    

03/31/03

    

    900

    

11.88

AMGI

    

03/28/03

    

3,000

    

11.83

AMGI

    

03/27/03

    

1,700

    

11.67

AMGI

    

03/26/03

    

1,700

    

11.86

AMGI

    

03/24/03

    

1,300

    

12.17

AMGI

    

03/21/03

    

1,000

    

12.26

AMGI

    

03/20/03

    

1,300

    

11.94

AMGI

    

03/18/03

    

1,500

    

12.05

AMGI

    

03/17/03

    

    945

    

12.10

AMGI

    

03/14/03

    

1,800

    

11.95

AMGI

    

03/13/03

    

1,700

    

11.76

AMGI

    

03/12/03

    

1,700

    

11.60

AMGI

    

03/11/03

    

    380

    

11.73

AMGI

    

03/10/03

    

1,500

    

11.68

AMGI

    

03/07/03

    

    700

    

11.68

AMGI

    

03/06/03

    

1,000

    

11.57

AMGI

    

03/05/03

    

1,300

    

11.62

AMGI

    

03/04/03

    

    400

    

11.65

AMGI

    

03/03/03

    

    600

    

11.85

AMGI

    

02/28/03

    

    851

    

11.90

AMGI

    

02/27/03

    

1,200

    

11.71

AMGI

    

02/26/03

    

1,800

    

11.63

AMGI

    

02/25/03

    

1,400

    

11.70

AMGI

    

02/24/03

    

    800

    

11.72

AMGI

    

02/21/03

    

1,229

    

11.84

AMGI

    

02/20/03

    

1,229

    

11.59

AMGI

    

02/19/03

    

1,500

    

11.64

AMGI

    

02/18/03

    

1,500

    

11.59

AMGI

    

02/14/03

    

2,000

    

11.07

AMGI

    

02/13/03

    

3,900

    

10.89

AMGI

    

02/12/03

    

1,300

    

11.21

AMGI

    

02/11/03

    

1,200

    

11.32

AMGI

    

02/10/03

    

1,200

    

11.14

AMGI

    

02/07/03

    

2,000

    

11.33

 

19