-----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, Vrx0YZ1lo8iTr2ir02P9dTwnSsOx/Hnj6kv2vXSyfgMpLWV/N3LYvvzzjtENNKKc WaRbnJKSPNzeuhQuWmTjog== 0000950133-98-003149.txt : 19980820 0000950133-98-003149.hdr.sgml : 19980820 ACCESSION NUMBER: 0000950133-98-003149 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980819 SROS: NONE GROUP MEMBERS: CAMPBELL B. LANIER, III G.R.A.T. GROUP MEMBERS: CAMPBELL B. LANIER, IV GROUP MEMBERS: ITC SERVICE COMPANY GROUP MEMBERS: JANE LANIER GROUP MEMBERS: LANIER CAMPBELL B III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL VISION ASSOCIATES LTD CENTRAL INDEX KEY: 0000868263 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 581910859 STATE OF INCORPORATION: GA FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-43142 FILM NUMBER: 98694654 BUSINESS ADDRESS: STREET 1: 296 GRAYSON HWY CITY: LAWRENCEVILLE STATE: GA ZIP: 30245 BUSINESS PHONE: 7708223600 MAIL ADDRESS: STREET 1: 296 GRAYSON HIGHWAY CITY: LAWRENCEVILLE STATE: GA ZIP: 30245 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LANIER CAMPBELL B III CENTRAL INDEX KEY: 0001049429 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1239 O G SKINNER DRIVE CITY: WEST POINT STATE: GA ZIP: 31833 BUSINESS PHONE: 7066458758 MAIL ADDRESS: STREET 1: 1239 O G SKINNER DRIVE CITY: WEST POINT STATE: GA ZIP: 31833 SC 13D 1 SCHEDULE 13D 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* National Vision Associates, Ltd. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 638459107 ------------------------------------------------------- (CUSIP Number) Kimberley E. Thompson, c/o ITC Holding Company, Inc., 1239 O.G. Skinner Drive, ------------------------------------------------------------------------------ West Point, GA 31833 (703) 619-9678 ----------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 8, 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(b)(3) or (4), check the following box. [ ] * 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). 2 SCHEDULE 13D CUSIP No. 638459107 Page 2 of 15 Pages ------------ ----- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Campbell B. Lanier, III - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 136,957 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 750 OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 136,957 PERSON ------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 750 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 137,707 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 3 SCHEDULE 13D CUSIP No. 638459107 Page 3 of 15 Pages ------------ ----- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jane Lanier - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 750 OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON ------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 750 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 750 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 0.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 4 SCHEDULE 13D CUSIP No. 638459107 Page 4 of 15 Pages ------------ ----- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Campbell B. Lanier, IV - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 25,550 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 25,550 PERSON ------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 25,550 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 5 SCHEDULE 13D CUSIP No. 638459107 Page 5 of 15 Pages ------------ ----- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ITC Service Company - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 873,948 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 873,948 PERSON ------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 873,948 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 6 SCHEDULE 13D CUSIP No. 638459107 Page 6 of 15 Pages ------------ ----- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CAMPBELL B. LANIER, III GRANTOR RETAINED ANNUITY TRUST - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Georgia - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 700,000 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 700,000 PERSON ------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 700,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* 00 - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 7 CUSIP No. 638459107 Page 7 of 15 Pages ------------ ----- ---- Item 1. Security and Issuer This statement relates to the Common Stock, par value $.01 per share (the "Common Stock"), of National Vision Associates, LTD., a Delaware corporation (the "Company"), the principal executive offices of which are located at 296 Grayson Highway, Lawrenceville, Georgia 30045. Item 2. Identity and Background This statement is being filed by Campbell B. Lanier, III ("Mr. Lanier"), Jane Lanier ("Mrs. Lanier"); ITC Service Company ("ITC Service"), Campbell B. Lanier, IV ("Mr. Lanier IV"), and the Campbell B. Lanier, III Grantor Retained Annuity Trust (the "Trust" and, together with Mr. and Mrs. Lanier, Mr. Lanier IV and ITC Service, the "Reporting Persons"). Mr. Lanier's principal occupation is Chairman, Chief Executive Officer and a director of ITC Holding Company, Inc. ("ITC Holding"). Mr. Lanier is also Chairman of the Board and Chief Executive Officer of the Company. Mrs. Lanier's principal occupation is homemaker. Mr. Lanier IV's principal occupation is manager of Enon Plantation, a hunting preserve. The business address of Mr. and Mrs. Lanier and Mr. Lanier IV is c/o ITC Holding Company, Inc., 1239 O.G. Skinner Drive, West Point, Georgia 31833. During the last five years, none of Mr. Lanier, Mrs. Lanier, or Mr. Lanier IV has been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) 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 judgement, decree or 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. ITC Service, a Georgia corporation and a wholly owned subsidiary of ITC Holding, provides management services to all entities wholly owned by ITC Holding and provides management consulting to other entities in which ITC Holding holds an interest. The business address of ITC Service is 1239 O.G. Skinner Drive, West Point, Georgia 31833. During the last five years, ITC Service has not been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) 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 or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws. Attached as Appendix I hereto and incorporated herein by reference is a list containing the (a) name, (b) business or residential address, and (c) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, of each director and executive officer of ITC Service. To the knowledge of ITC Service, each of the directors and executive officers listed on Appendix I hereto is a United States citizen, and none of such directors and executive officers has, during the past five years, been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) 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 or 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. ITC Holding is a holding company engaged through subsidiaries and other ownership interests in a variety of service businesses, primarily in the telecommunications industry. The business address of ITC Holding is 1239 O.G. Skinner Drive, West Point, Georgia 31833. During the last five years, ITC Holding has not been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) 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 or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws. Attached as Appendix II hereto and incorporated herein by reference is a list containing the (a) name, (b) business or residential address, and (c) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, of each director and 8 CUSIP No. 638459107 Page 8 of 15 Pages ------------ ----- ---- executive officer of ITC Holding. To the knowledge of ITC Service, each of the directors and executive officers listed on Appendix II hereto is a United States citizen, and none of such directors and executive officers has, during the past five years, been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) 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 or 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. The Trust is a grantor retained annuity trust established by Mr. Lanier under the laws of the state of Georgia. William H. Scott, III is the trustee of the Trust and holds both voting and dispositive control over those shares of Common Stock owned by the Trust. During the last five years, neither of the Trust nor Mr. Scott has been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) 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 judgement, decree or 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. Because of the business and family relationships among the Reporting Persons, the Reporting Persons may be deemed to be a "group" within the meaning of the beneficial ownership provisions of the federal securities laws. Item 3. Source and Amount of Funds or Other Consideration Mr. Lanier purchased 836,957 shares of Common Stock for an aggregate consideration of $691,470. Mr. Lanier subsequently gifted 700,000 shares to the Trust. The funds used to purchase these shares came from Mr. Lanier's personal funds. Mrs. Lanier purchased 750 shares of Common Stock for an aggregate consideration of $167. The funds used to purchase these shares came from Mrs. Lanier's personal funds. Mr. Lanier, IV purchased 24,800 shares of Common Stock for an aggregate consideration of $125,300. The funds used to purchase these shares came from Mr. Lanier IV's personal funds. Mr. Lanier, IV also received 750 shares of Common Stock from Mr. Lanier in the form of a gift. No consideration was paid by Mr. Lanier, IV to Mr. Lanier for these shares. ITC Service purchased 873,948 shares of Common Stock of Common Stock for an aggregate consideration of $4,494,711.75. The funds used to purchase these shares came from the working capital of ITC Service. The Trust received 700,000 shares of Common Stock from Mr. Lanier in the form of a gift. No consideration was paid by the Trust to Mr. Lanier for these shares. Item 4. Purpose of Transaction The Reporting Persons have acquired shares of Common Stock in order to obtain a significant investment position in the Company. Depending upon market conditions and other factors, it is the current intention of the Reporting Persons to acquire additional shares of the Common Stock. The Reporting Persons, however, reserve the right to, and may in the future choose to, change their purpose with respect to their investment and take such actions as they deem appropriate in light of the circumstances including, without limitation, to dispose of all or a portion of the Common Stock which they now own or may hereafter acquire. The Reporting Persons have no present plans or proposals that relate to, or would result in, an extraordinary corporate transaction involving the Company, a sale or transfer of any of the Company's assets, a change in the present Board of Directors or management of the Company, a change in the present capitalization or dividend policy of the Company, any other material change in the Company's business or corporate structure, changes in the Company's charter or bylaws or with respect to the delisting or deregistration of any of the Company's securities. 9 CUSIP No. 638459107 Page 9 of 15 Pages ------------ ----- ---- Item 5. Interest in Securities of the Issuer As of the date of this report, the Reporting Persons beneficially own an aggregate of 1,737,205 shares of the Company's Common Stock which represents approximately 8.22% of the 21,141,610 shares of the Company's Common Stock outstanding as of July 16, 1998. The number of shares of Common Stock as to which: Mr. Lanier has i) sole power to vote or direct the vote 136,957 ii) shared power to vote or direct the vote 750 iii) sole power to dispose or direct the disposition 136,957 iv) shared power to dispose or direct the disposition 750 Mrs. Lanier has i) sole power to vote or direct the vote 0 ii) shared power to vote or direct the vote 750 iii) sole power to dispose or direct the disposition 0 iv) shared power to dispose or direct the disposition 750 Mr. Lanier, IV has i) sole power to vote or direct the vote 25,550 ii) shared power to vote or direct the vote 0 iii) sole power to dispose or direct the disposition 25,550 iv) shared power to dispose or direct the disposition 0 ITC Service has i) sole power to vote or direct the vote 873,948 ii) shared power to vote or direct the vote 0 iii) sole power to dispose or direct the disposition 873,948 iv) shared power to dispose or direct the disposition 0 Trust has i) sole power to vote or direct the vote 700,000 ii) shared power to vote or direct the vote 0 iii) sole power to dispose or direct the disposition 700,000 iv) shared power to dispose or direct the disposition 0 10 CUSIP No. 638459107 Page 10 of 15 Pages ------------ ----- ---- The Reporting Persons have engaged in the following transactions in the Company's Common Stock in the sixty days preceeding the date of this report:
Reporting Number of Price Type of Person Date Shares per Share Transaction Mr. Lanier,IV 22-Jul-98 1,000 4.750 Open Market Mr. Lanier,IV 22-Jul-98 10,000 4.813 Open Market Mr. Lanier,IV 23-Jul-98 10,000 4.938 Open Market ITC Service 06-Aug-98 15,000 5.438 Open Market ITC Service 08-Aug-98 300,00 5.563 Private Placement ITC Service 10-Aug-98 68,000 5.563 Open Market ITC Service 11-Aug-98 17,000 5.531 Open Market ITC Service 12-Aug-98 12,500 5.500 Open Market ITC Service 14-Aug-98 90,000 5.625 Open Market ITC Service 14-Aug-98 250,000 5.563 Private Placement ITC Service 17-Aug-98 35,000 5.625 Open Market ITC Service 18-Aug-98 16,500 5.700 Open Market
No person other than Mr. Lanier has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by Mr. Lanier except that with respect to the 750 shares of Common Stock owned by Mrs. Lanier of which Mrs. Lanier has such rights. No person other than Mr. Lanier,IV has the right to receive or the power to direct the receipt of dividends from, or the proceeds from sale of, the shares of Common Stock beneficially owned by Mr. Lanier,IV. No person other than ITC Service, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from sale of, the shares of Common Stock beneficially owned by ITC Service, except that since ITC Service is a wholly owned subsidiary of ITC Holding, ITC Holding indirectly has the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the shares of Common Stock beneficially owned by ITC Service. No person other than the Trust has the right to receive or the power to direct the receipt of dividends from, or the proceeds from sale of, the shares of Common Stock beneficially owned by the Trust. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Except as reported above, there are no contracts, arrangements, understandings, or relationships (legal or otherwise) between any of the Reporting Persons and any persons with respect to any securities of the Company. 11 CUSIP No. 638459107 Page 11 of 15 Pages ------------ ----- ---- 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. Date: August 19, 1998 /s/ CAMPBELL B. LANIER, III - ---------------------------------------- By: Campbell B. Lanier, III /s/ JANE LANIER - ---------------------------------------- By: Jane Lanier /s/ CAMPBELL B. LANIER, IV - ---------------------------------------- By: Campbell B. Lanier, IV ITC SERVICE COMPANY /s/ Kimberley E. Thompson - ---------------------------------------- By: Kimberley E. Thompson Title: Vice President - General Counsel and Secretary CAMPBELL B. LANIER, III GRANTOR RETAINED ANNUITY TRUST /s/ William B. Scott, III - ----------------------------------------- By: William B. Scott, III Title: Trustee 12 CUSIP No. 638459107 Page 12 of 15 Pages ------------ ----- ---- APPENDIX I OFFICERS AND DIRECTORS OF ITC SERVICE COMPANY
NAME OF DIRECTOR OR EXECUTIVE OFFICER PRINCIPAL OCCUPATION AND BUSINESS ADDRESS OR EMPLOYMENT - -------------------- -------------------- Campbell B. Lanier, III, Director, Chairman and Chief Executive Officer Chairman and Chief Executive Officer ITC Holding Company, Inc. c/o ITC Service Company 1239 O.G. Skinner Drive West Point, Georgia 31833 William H. Scott, III, Director, Chief Operating Officer and President President and Chief ITC Holding Company, Inc. Operating Officer c/o ITC Service Company 1239 O.G. Skinner Drive West Point, Georgia 31833 Bryan W. Adams, Senior Vice President, Senior Vice President - Chief Financial Officer Chief Financial Officer, ITC Holding Company, Inc. Treasurer and Assistant Secretary c/o ITC Service Company 1239 O.G. Skinner Drive West Point, Georgia 31833 Kimberley E. Thompson, Senior Senior Vice President - General Counsel and Secretary Vice President - General Counsel ITC Holding Company, Inc. and Secretary c/o ITC Service Company 1239 O.G. Skinner Drive West Point, Georgia 31833 J. Douglas Cox, Senior Vice President, Senior Vice President, Corporate Development Corporate Development ITC Holding Company, Inc. c/o ITC Service Company 1239 O.G. Skinner Drive West Point, Georgia 31833
13 CUSIP No. 638459107 Page 13 of 15 Pages ------------ ----- ---- Dabsey M. Gray, Vice President, Vice President, Controller and Controller and Assistant Secretary Assistant Secretary c/o ITC Service Company ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833
14 CUSIP No. 638459107 Page 14 of 15 Pages ------------ ----- ---- APPENDIX II OFFICERS AND DIRECTORS OF ITC HOLDING, INC.
NAME OF DIRECTOR OR EXECUTIVE OFFICER PRINCIPAL OCCUPATION AND BUSINESS ADDRESS OR EMPLOYMENT - -------------------- -------------------- Campbell B. Lanier III Chairman and Chief Executive Officer c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 William H. Scott, III Chief Operating Officer and President c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 J. Douglas Cox Senior Vice President - Corporate Development c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 Allen E. Smith Vice President c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 Bryan W. Adams Senior Vice President - Chief Financial Officer and Assistant Secretary c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 Robert M. Montgomery Vice President c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 Kimberley E. Thompson Senior Vice President - General Counsel and Secretary c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 Dabsey M. Gray Vice President, Controller and Assistant Secretary c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 J. Smith Lanier, II, Director Chairman and Chief Executive Officer c/o ITC Holding Company, Inc. J. Smith Lanier & Co. 1239 O.G. Skinner Drive West Point, GA 31833
15 CUSIP No. 638459107 Page 15 of 15 Pages ------------ ---- ---- William T. Parr, Director Vice Chairman c/o ITC Holding Company, Inc. J. Smith Lanier & Co. 1239 O.G. Skinner Drive West Point, GA 31833 Malcolm C. Davenport, V, Director Certified Public Accountant and c/o ITC Holding Company, Inc. Attorney 1239 O.G. Skinner Drive West Point, GA 31833 Donald W. Weber, Director Entrepreneur and Consultant c/o ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 O. Gene Gabbard, Director Entrepreneur and Consultant c/o ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, GA 31833 William B. Timmerman, Director Chairman and Chief Executive Officer c/o ITC Holding Company, Inc. SCANA Corporation 1239 O.G. Skinner Drive West Point, GA 31833 Donald W. Burton, Director President c/o ITC Holding Company, Inc. South Atlantic Capital Corporation 1239 O.G. Skinner Drive West Point, GA 31833 Robert A. Dolson, Director Chairman and President c/o ITC Holding Company, Inc. National Enterprises, Inc. 1239 O.G. Skinner Drive West Point, GA 31833
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