a50165261.htm
 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
(Amendment No. 7)*

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, 2011
(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).
 
 
CUSIP No. 461804106
 
     
 
1.
NAME OF REPORTING PERSONS
   
   
William Morris Fine
     
 
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
   
         
(a) |_|
         
(b) |_|
     
 
3.
SEC USE ONLY
   
   
     
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
   
   
United States of America
   
 
 
 

 
 
 
NUMBER OF
5.
SOLE VOTING POWER
 
   
 
SHARES
 
108,594
         
 
BENEFICIALLY
6.
SHARED VOTING POWER
 
   
 
OWNED BY
 
95,470
         
 
EACH
7.
SOLE DISPOSITIVE POWER
 
   
 
REPORTING
 
108,594
         
 
PERSON
8.
SHARED DISPOSITIVE POWER
 
   
 
WITH
 
95,470
 
     
 
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
   
204,064 (1)
 
     
 
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
   
         
|_|
     
 
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
   
9.57%
 
       
 
12.
TYPE OF REPORTING PERSON*  
   
   
IN
 
           
       
*SEE INSTRUCTIONS
 
   
           
  (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, and 25,000 stock appreciation rights that are presently exercisable or are exercisable within 60 days of December 31, 2011.

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
 
 

 


ITEM 2(c). CITIZENSHIP:

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:

204,064 (1)

(b) PERCENT OF CLASS:

9.57%

(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

(i) Sole power to vote or to direct the vote:

108,594

(ii) Shared power to vote or to direct the vote:

95,470

(iii) Sole power to dispose or to direct the disposition of:

108,594

(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, and 25,000 stock appreciation rights that are presently exercisable or are exercisable within 60 days of December 31, 2011.

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.

Dated:     February 13, 2012    
  Chapel Hill, North Carolina /s/ William Morris Fine  
 
                                                                                                        
William Morris Fine  

 
End of Filing