-----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, OS7xC0ZG/n1y0PrfR/PAeDjFmWnZGHZi3flElyRDZlVtRLyroJt9m7OXKj1YoPKd vRondFni3ZllOA7bG61gyg== 0000950144-99-013807.txt : 19991206 0000950144-99-013807.hdr.sgml : 19991206 ACCESSION NUMBER: 0000950144-99-013807 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991203 GROUP MEMBERS: JAMES WILLIAM MCRAE GROUP MEMBERS: MCRAE D GARY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MCRAE INDUSTRIES INC CENTRAL INDEX KEY: 0000729284 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 560706710 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-34909 FILM NUMBER: 99768704 BUSINESS ADDRESS: STREET 1: 402 NORTH MAIN STREET STREET 2: PO BOX 726 CITY: MT. GILEAD STATE: NC ZIP: 27306 BUSINESS PHONE: 910-439-6147 MAIL ADDRESS: STREET 1: 402 NORTH MAIN STREET STREET 2: PO BOX 726 CITY: MT. GILEAD STATE: NC ZIP: 27306 FORMER COMPANY: FORMER CONFORMED NAME: MCRAE INDUSTRIES INC/DE DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MCRAE D GARY CENTRAL INDEX KEY: 0001036088 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: P O BOX 890 CITY: MT GILEAD STATE: NC ZIP: 27306 BUSINESS PHONE: 9104396147 MAIL ADDRESS: STREET 1: P O BOX 890 CITY: MT GILEAD STATE: NC ZIP: 27306 SC 13D/A 1 MCRAE INDUSTRIES/DANIEL MCRAE/JAMES MCRAE 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934 (AMENDMENT NO.1) MCRAE INDUSTRIES, INC. ---------------------- (Name of Issuer) $1.00 PAR VALUE CLASS A COMMON STOCK ------------------------------------ (Title of Class of Securities) 582757209 -------------- (CUSIP Number) MARVIN KISER 400 NORTH MAIN STREET MOUNT GILEAD, NORTH CAROLINA 27306 (910) 439-6147 ---------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JULY 28, 1998 ------------- (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(c), 13d-1(f) or 13d-1(g), check the following box: [ ]. 2 - --------------------------------- ------------------------ 13D CUSIP No. 582757209 Page 2 of 6 Pages - --------------------------------- ------------------------ =================== ====================================================================================================== 1 NAME OF REPORTING PERSON Daniel Gary McRae I.R.S. IDENTIFICATION NO. OF ABOVE PERSON =================== ====================================================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] =================== ====================================================================================================== 3 SEC USE ONLY =================== ====================================================================================================== 4 SOURCE OF FUNDS* 00 =================== ====================================================================================================== 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] =================== ====================================================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA ========================= ======== ======================================================================================= 7 SOLE VOTING POWER NUMBER OF 64,287 SHARES ======== ======================================================================================= BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 361,925 EACH ======== ======================================================================================= REPORTING 9 SOLE DISPOSITIVE POWER PERSON 64,287 WITH ======== ======================================================================================= 10 SHARED DISPOSITIVE POWER 361,925 =================== ====================================================================================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 426,212 =================== ====================================================================================================== 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] =================== ====================================================================================================== 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.9% =================== ====================================================================================================== 14 TYPE OF REPORTING PERSON* IN =================== ======================================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT! 3 - --------------------------------- ------------------------ 13D CUSIP No. 582757209 Page 3 of 6 Pages - --------------------------------- ------------------------ =================== ====================================================================================================== 1 NAME OF REPORTING PERSON James William McRae I.R.S. IDENTIFICATION NO. OF ABOVE PERSON =================== ====================================================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] =================== ====================================================================================================== 3 SEC USE ONLY =================== ====================================================================================================== 4 SOURCE OF FUNDS* 00 =================== ====================================================================================================== 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] =================== ====================================================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA ========================= ======== ======================================================================================= 7 SOLE VOTING POWER NUMBER OF 47,663 SHARES ======== ======================================================================================= BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 361,925 EACH ======== ======================================================================================= REPORTING 9 SOLE DISPOSITIVE POWER PERSON 47,663 WITH ======== ======================================================================================= 10 SHARED DISPOSITIVE POWER 361,925 =================== ====================================================================================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 409,588 =================== ====================================================================================================== 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] =================== ====================================================================================================== 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.0% =================== ====================================================================================================== 14 TYPE OF REPORTING PERSON* IN =================== ======================================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT! 4 This Amendment No. 1 amends the Statement on Schedule 13D filed with the Securities and Exchange Commission on March 21, 1997 (the "Schedule 13D") by Daniel Gary McRae and James William McRae. This Amendment No. 1 is filed with respect to the shares of Class A Common Stock, par value $1.00 per share (the "Class A Common Stock"), of McRae Industries, Inc. (the "Issuer"). Unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Schedule 13D. Item 5 of the schedule 13D is hereby amended in its entirety to read as follows: ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) The aggregate number of shares of Class A Common Stock that Mr. D. Gary McRae beneficially owns pursuant to Rule 13d-3 of the Securities and Exchange Act of 1934 is 426,212 which constitutes approximately 22.9% of the outstanding shares of the Class A Common Stock. Mr. D. Gary McRae disclaims beneficial ownership with respect to all such shares described in Item 5(b)(1)(ii) and (iii). The aggregate number of shares of Class A Common Stock that Mr. James W. McRae beneficially owns pursuant to Rule 13d-3 of the Securities and Exchange Act of 1934 is 409,588 which constitutes approximately 22.0% of the outstanding shares of the Class A Common Stock. Mr. James W. McRae disclaims beneficial ownership with respect to all such shares described in Item 5(b)(2)(ii) and (iii). This statement does not include any interest of either Co-Executor in Class A Common Stock through the Issuer's Employee Stock Ownership Plan. (b) The shares of Class A Common Stock reported herein are beneficially owned among Messrs. D. Gary McRae and James W. McRae as follows: (1) With respect to Mr. D. Gary McRae, the 426,212 aggregate amount of shares of Class A Common Stock are beneficially owned as follows: (i) 59,176 shares of Class A Common Stock are beneficially owned by Mr. D. Gary McRae directly. Mr. D. Gary McRae has the sole investment power to dispose or direct the disposition of these shares and he has the sole voting power to vote or direct the voting of these shares. (ii) 4,000 shares of Class A Common Stock are owned by Mr. D. Gary McRae's minor children and 1,111 shares of Class A Common Stock are owned by his wife. Mr. D. Gary McRae indirectly has the sole investment power to dispose or direct the disposition of these shares and he indirectly has the sole voting power to vote or direct the voting of these shares. (iii) 361,925 shares of Class A Common Stock (the Testamentary Shares) are beneficially owned by Mr. D. Gary McRae as Co-Executor under the Will. In such capacity, Mr. D. Gary McRae has the shared investment power to dispose or direct the disposition of these shares and he has the shared voting power to vote or direct the voting of these shares. He shares such investment and voting power with Mr. James W. McRae, his brother. (2) With respect to Mr. James W. McRae, the 409,588 aggregate amount of shares of Class A Common Stock are beneficially owned as follows: (i) 43,663 shares of Class A Common Stock are beneficially owned by Mr. James W. McRae directly. Mr. James W. McRae has the sole investment power to dispose or direct the disposition of these shares and he has the sole voting power to vote or direct the voting of these shares. 5 (ii) 4,000 shares of Class A Common Stock are owned by Mr. James W. McRae's minor children or children who reside in the same household. Mr. James W. McRae indirectly has the sole investment power to dispose or direct the disposition of these shares and he indirectly has the sole voting power to vote or direct the voting of these shares. (iii) 361,925 shares of the Class A Common Stock (the Testamentary Shares) are beneficially owned by Mr. James W. McRae as Co-Executor under the Will. In such capacity, Mr. James W. McRae has the shared investment power to dispose or direct the disposition of these shares and he has the shared voting power to vote or direct the voting of these shares. He shares such investment and voting power with Mr. D. Gary McRae, his brother. (c) During the past 60 days, neither Co-Executor has purchased, sold or otherwise acquired any shares of Class A Common Stock. However, on July 28, 1998, the Co-Executors, in accordance with the Will, distributed 147,427 Testamentary Shares to certain beneficiaries under the Will (including 24,363 Testamentary Shares to each of the Co-Executors). (d) No person other than the Co-Executors have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Testamentary Shares reported herein. No person other than Mr. D. Gary McRae and Mr. James W. McRae have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, their respective Other Shares reported herein. (e) This paragraph is inapplicable and has been omitted. 6 After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. /s/ D. Gary McRae November 30, 1999 - ------------------------------------ D. Gary McRae /s/ James W. McRae - ------------------------------------ James W. McRae -----END PRIVACY-ENHANCED MESSAGE-----