-----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, GCP/h0dK6+waps08XF2cCZkFu/bWRtX2qg8PZydeBhd3Vsa+ClXHM+QAzp+is+Fp fWO/4S9O806HqvFvFU8gzQ== 0001028890-96-000002.txt : 19961218 0001028890-96-000002.hdr.sgml : 19961218 ACCESSION NUMBER: 0001028890-96-000002 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961217 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GREAT AMERICAN BANCORP INC CENTRAL INDEX KEY: 0000943064 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 521923366 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-47635 FILM NUMBER: 96681849 BUSINESS ADDRESS: STREET 1: 1311 SOUTH NEIL ST STREET 2: PO BOX 1010 CITY: CHAMPAIGN STATE: IL ZIP: 61820 BUSINESS PHONE: 2173562265 MAIL ADDRESS: STREET 1: 1311 SOUTH NEIL ST CITY: CHAMPAIGN STATE: IL ZIP: 61820 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ATKINS CLINTON C CENTRAL INDEX KEY: 0001028890 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1007 GALEN DR CITY: CHAMPAIGN STATE: IL ZIP: 61821 BUSINESS PHONE: 2173522121 MAIL ADDRESS: STREET 1: CLINTON C ATKINS STREET 2: 1007 GALEN DR CITY: CHAMPAIGN STATE: IL ZIP: 61821 SC 13D 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. ) Great American Bancorp, Inc. - ----------------------------------------------------------------- (Name of Issuer) Common, Stock Value - $0.01 Par Value - ----------------------------------------------------------------- (Title of Class of Securities) 38982K107 - ----------------------------------------------------------------- (CUSIP Number) Clinton C. Atkins 2001 Kankakee Drive Champaign, IL 61821 (217) 352-2121 - ----------------------------------------------------------------- (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) December 16, 1996 ------------------------------------------------------- (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 the Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ] (Page 1 of 6 Pages) (Page 2 of 6 Pages) CUSIP No. 38982K107 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Clinton C. Atkins ###-##-#### 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (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 7. SOLE VOTING POWER 96,175 shares 8. SHARED VOTING POWER Not Applicable 9. SOLE DISPOSITIVE POWER 93,775 shares 10. SHARED DISPOSITIVE POWER Not Applicable 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 96,175 shares 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) [ ] EXCLUDES CERTAIN SHARES 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.2% 14. TYPE OF REPORTING PERSON IN (Page 3 of 6 Pages) Item 1. Security and Issuer. This statement relates to shares of Common Stock, par value $0.01 per share, of Great American Bancorp, Inc. (the "Company"). The principal executive offices of the Company are located at 1311 S. Neil St., P.O. Box 1010, Champaign, IL 61824-1010. Item 2. Identity and Background. (a) Clinton C. Atkins (b) 2001 Kankakee Drive Champaign, IL 61821 (c) Real Estate Investor Atkins Group 2001 Kankakee Drive Champaign, IL 61821 (d) The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors). (e) The Reporting Person has not during the last five years 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, 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. (f) United States Item 3. Source and Amount of Funds or Other Consideration. A schedule of the shares, dates, and the prices per share owned by the Reporting Person is attached and marked as Exhibit 1 to Item 3. The amount of consideration ($1,248,625) used to acquire the 91,775 shares was derived from personal funds of the Reporting Person. An additional 3,000 shares represent stock awards granted under the 1995 Great American Bancorp, Inc. Incentive Plan ("Incentive Plan") and 1,400 additional shares represent shares underlying options granted under the Incentive Plan. Item 4. Purpose of Transaction. The Reporting Person acquired the Company's stock for investment purposes. The Reporting Person may from time to time acquire additional securities of the Company using personal funds through a broker and/or privately negotiated transactions. (Page 4 of 6 Pages) Except as described above, the Reporting Person does not have any present plans or proposals that relate to or would result in (a) the acquisition by any person of additional securities of the Company, or the disposition of securities of the Company; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Company or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Company or any of its subsidiaries; (d) any change in the present board of directors or management of the Company, including any plans or proposals to change the number of term of directors or to fill any existing vacancies on the board; (e) any material change in the present capitalization or dividend policy of the Company; (f) any other material change in the Company's business or corporate structure; (g) changes in the Company's charter, bylaws or instrument corresponding thereto or other actions which may impede the acquisition of control of the Company by any person; (h) causing a class of securities of the Company to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of the Company becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) any action similar to any of those enumerated above. Item 5. Interest in Securities of Issuer (a) The Reporting Person beneficially owns 96,175 shares, representing 5.2% of the outstanding shares of the Company based upon reported outstanding shares as of October 31, 1996 of 1,852,606. The beneficially owned shares include 3,000 shares representing stock awards granted under the Incentive Plan and 1,400 shares underlying stock options granted under the Incentive Plan which vest on February 14, 1997. Assuming the Reporting Person meets the terms of his agreements under the Incentive Plan, the Reporting Person will have the right to acquire such shares on February 14, 1997. (b) The Reporting Person has the sole power to vote and to dispose of the shares referred to in Item 5(a). (c) Except as reported in Item 3 hereof, there has been no transaction in the Common Stock of the Company effected during the past sixty (60) days by the Reporting Person. (d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities referred in Item 5(a). (e) Not applicable. (Page 5 of 6 Pages) Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. The Reporting Person is a Director of the Company and has entered into two agreements pursuant to the Incentive Plan. The first agreement is a Stock Award Agreement whereby the Reporting Person was granted a stock award to earn 3,000 shares of the Company's common stock. The second agreement is a Non- statutory Stock Option Agreement which grants the Reporting Person options to purchase 7,000 shares of the Company's common stock at $14.00 per share. Both the Stock Award Agreement and the Non-statutory Stock Option Agreement are dated February 14, 1996. The awards and options vest at 20% per year, and expire on February 14, 2006. Item 7. Material to be Filed as Exhibits Exhibit 1 to Item 3 detailing dates, shares purchased, and price per share of securities acquired by Reporting Person. 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. December 17, 1996 /s/ Clinton C. Atkins - ------------------------- -------------------------- Date Signature Clinton C. Atkins -------------------------- Name/Title (Page 6 of 6 Pages) SCHEDULE 13D EXHIBIT 1 TO ITEM 3 Clinton C. Atkins Price per Share No. of Shares (Excluding Where How Date Purchased (Sold) commissions) Transacted Transacted - ---- --------------- --------------- ---------- ---------- Non-Derivative Shares Acquired, Direct Ownership: 06/30/95 9,775 $10.00 GABI (1) 07/18/96 9,000 13.75 OTC (2) 07/18/96 1,000 13.75 OTC (2) 07/23/96 2,100 13.50 OTC (2) 07/26/96 7,900 13.50 OTC (2) 07/29/96 5,000 13.25 OTC (2) 07/30/96 3,000 13.25 OTC (2) 08/19/96 3,000 13.375 OTC (2) 08/23/96 5,000 13.50 OTC (2) 08/27/96 6,000 13.50 OTC (2) 11/05/96 10,000 14.50 OTC (2) 11/05/96 20,000 14.625 OTC (2) 11/06/96 10,000 14.625 OTC (2) ------ 91,775 Non-Derivative Shares, Indirect Ownership: 02/14/97 3,000 0.00 GABI (3) Derivative Shares, Direct Ownership: 02/14/97 1,400 14.00 GABI (4) (1) Purchased directly from the Company in an initial public offering pursuant to a stock subscription. (2) Transactions effected in the over-the-counter market ("OTC") through standard brokerage accounts. (3) Shares represent stock awards granted under the 1995 Great American Bancorp, Inc. Incentive Plan which vest at a rate of 20% per year beginning on February 14, 1997. (4) Shares represent options granted under the 1995 Great American Bancorp, Inc. Incentive Plan which vest on February 14, 1997. -----END PRIVACY-ENHANCED MESSAGE-----