-----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, UtbpkP7LImhDvg7SpN3VINyHuXVfjgYaJUwLvwzjAcFrhPZvOmVhbOtwr3TLN60D 3UQUoXIRQnhXJ8FOBdbjVA== 0001002124-97-000017.txt : 19970220 0001002124-97-000017.hdr.sgml : 19970220 ACCESSION NUMBER: 0001002124-97-000017 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970207 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST FEDERAL BANCSHARES OF ARKANSAS INC CENTRAL INDEX KEY: 0001006424 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 71085261 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-48393 FILM NUMBER: 97520343 BUSINESS ADDRESS: STREET 1: PO BOX 550 CITY: HARRISON STATE: AR ZIP: 72602 BUSINESS PHONE: 5017417641 MAIL ADDRESS: STREET 1: PO BOX 550 CITY: HARRISON STATE: AR ZIP: 72602 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST FEDERAL BANKSHARES OF ARKANSAS INC EMP STOCK OWNERSHIP CENTRAL INDEX KEY: 0001032524 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O FIRST FEDERAL BANKSHARES OF ARKANSAS STREET 2: 200 WEST STEPHENSON CITY: HARRISON STATE: AR ZIP: 72601 BUSINESS PHONE: 5017417641 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. __)* FIRST FEDERAL BANCSHARES OF ARKANSAS, INC. (Name of Issuer) Common Stock, Par Value $.01 Per Share (Title of Class of Securities) 32020F 10 5 (CUSIP Number) Page 1 of 5 Pages CUSIP NO. 32020F 10 5 Page 2 of 5 Pages 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON First Federal Bancshares of Arkansas, Inc. Employee Stock Ownership Plan 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Texas 5. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE VOTING POWER 384,835 6. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED VOTING POWER 27,465 7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE DISPOSITIVE POWER 384,835 8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED DISPOSITIVE POWER 27,465 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 412,300 10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.4% 12.TYPE OF REPORTING PERSON EP CUSIP NO. 32020F 10 5 Page 3 of 5 Pages ITEM 1(A) NAME OF ISSUER: First Federal Bancshares of Arkansas, Inc. ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 200 West Stephenson Harrison, Arkansas 72601 ITEM 2(A) NAME OF PERSON FILING: First Federal Bancshares of Arkansas, Inc. Employee Stock Ownership Plan. ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: First Federal Bancshares of Arkansas, Inc. 200 West Stephenson Harrison, Arkansas 72601 ITEM 2(C) CITIZENSHIP: Texas ITEM 2(D) TITLE OF CLASS OF SECURITIES: Common Stock, par value $.01 per share ITEM 2(E) CUSIP NUMBER: 32020F 10 5 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974. ITEM 4. OWNERSHIP. (a) Amount beneficially owned: 412,300 (b) Percent of class: 8.4% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 384,835 (ii) Shared power to vote or to direct the vote 27,465 (iii)Sole power to dispose or to direct the disposition of 384,835 (iv) Shared power to dispose or to direct the disposition of 27,465 The First Federal Bancshares of Arkansas, Inc. Employee Stock Ownership Plan Trust ("Trust") was established pursuant to the First Federal Bancshares of Arkansas, Inc. Employee Stock Ownership Plan ("ESOP"). Under the terms of the ESOP, the Trustees must vote the allocated shares held in the ESOP in accordance with the instructions of the participating employees. Unallocated shares held in the ESOP will be voted by the ESOP Trustees in the same proportion for and against proposals to stockholders as the ESOP participants and beneficiaries actually vote shares of Common Stock allocated to their individual accounts. Any allocated shares which either abstain on the proposal or are not voted will be disregarded in determining the percentage of stock voted for and against each proposal by the participants and beneficiaries. As of December 31, 1996, 27,465 shares had been allocated to participants' accounts and 384,835 shares were unallocated. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Not applicable since the reporting entity owns more than 5% of the class. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Participants in the ESOP are entitled to receive dividends on, and the proceeds from, the sale of the shares allocated to their accounts. The ESOP does not own more than 5% on behalf of another person. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable since the reporting entity is not a member of a group. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable since the reporting entity is not a member of a group. CUSIP NO. 32020F 10 5 Page 5 of 5 Pages ITEM 10. CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. 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. FIRST FEDERAL BANCSHARES OF ARKANSAS, INC. EMPLOYEE STOCK OWNERSHIP PLAN TRUST February 7, 1997 By: /S/ FRANK L. COFFMAN, JR. ------------------------- Frank L. Coffman, Jr., Trustee February 7, 1997 By: /S/ LARRY J. BRANDT -------------------- Larry J. Brandt, Trustee February 7, 1997 By: /S/ CAROLYN M. THOMASON ------------------------ Carolyn M. Thomason, Trustee -----END PRIVACY-ENHANCED MESSAGE-----