-----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, S15IhGs4B5IKv8pp2GPWBEmWRcZaxq7xAqZsj9qKbfg/kKDd/69jDsFxLFoBKkrR sb2ajHAaSBalCsfoVT1NUg== 0000914483-96-000045.txt : 19960827 0000914483-96-000045.hdr.sgml : 19960827 ACCESSION NUMBER: 0000914483-96-000045 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960826 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MERRY LAND & INVESTMENT CO INC CENTRAL INDEX KEY: 0000350071 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 580961876 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11081 FILM NUMBER: 96620190 BUSINESS ADDRESS: STREET 1: 624 ELLIS ST CITY: AUGUSTA STATE: GA ZIP: 30901 BUSINESS PHONE: 7067226756 MAIL ADDRESS: STREET 1: PO BOX 1417 CITY: AUGUSTA STATE: GA ZIP: 30903 COMPANY DATA: COMPANY CONFORMED NAME: SPEED STEWART R CENTRAL INDEX KEY: 0001020940 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 3 BUSINESS ADDRESS: STREET 1: P.O. BOX 1564 CITY: AUGUSTA STATE: GA ZIP: 30903-1564 BUSINESS PHONE: 7067224481 MAIL ADDRESS: STREET 1: PO BOX 1417 CITY: AUGUSTA STATE: GA ZIP: 30903 3 1 FORM 3 ------ U.S. SECURITIES & ------------ FORM 3 EXCHANGE COMMISSION OMB APPROVAL ------ Washington, D.C. 20549 ------------ OMB Number 3235-0104 Expires: April 30, 1997 Estimated average burden hours per response . . 0.5 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 - --------------------------------------------------------------------------- 1. Name and Address of Reporting Person Speed Stewart R. ------------------------------------ (Last) (First) (Middle) 3113 Bransford Road ------------------------------------ (Street) Augusta Georgia 30909 ------------------------------------ (City) (State) (ZIP) 2. Date of Event Requiring Statement (MM/DD/YY) August 15, 1996 -------------------------------------------- 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### ------------------------------------------------- 4. Issuer Name and Ticker or Trading Symbol Merry Land & Investment Company, Inc. (MRY) ------------------------------------------- 5. Relationship of Reporting Person to Issuer (Check all applicable) Director 10% Owner --------- --------- X Officer Other --------- --------- (give title below) (specify below) ------------------------------------------ Vice President ------------------------------------------ 6. If Amendment, Date of Original (MM/DD/YY) N/A -----------------------------------------
1. Title of Security 2. Amount of 3. Ownership Form: 4. Nature of Indirect (Instr. 4) Securities Direct (D) or Beneficial Beneficially Indirect (I) Ownership Owned (Instr. 4) (Instr. 5) (Instr. 5) - ---------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------- Common Stock 578.7 I By ESOP - ---------------------------------------------------------------------------------------------------- Common Stock 45,275 D - ---------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------- 45,000 shares were acquired under Merry Land & Investment Company, Inc.'s stock loan programs pursuant to which the reporting person has executed full recourse notes in favor of Merry Land & Investment Company, Inc. for the purchase price of the common stock. Reminder: Report on a separate line for each class of securities Page 1 beneficially owned directly or indirectly. SEC 1473 (Print or Type Responses) (8/92)
FORM 3 (continued) Table II - Derivative Securities Beneficially Owned Page 2 (e.g. puts, calls, warrants, options, convertible securities) - ---------------------------------------------------------------------------------------------------------------------------------- 3. Title and Amount of Securities 5. Ownership 2. Date Exercisable and Underlying Form of Expiration Date Derivative Security Derivative (MM/DD/YY) (Instr. 4) 4. Conversion Security: ------------------------------------------------------ or Direct (D) 6. Nature of 1. Title of Exercise or Indirect Derivative Amount or Price of Indirect Beneficial Security Date Expiration Number of Derivative (I) Ownership (Instr. 4) Exercisable Date Title Shares Security (Instr. 5) (Instr. 5) - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Employee Stock Option 4/16/06 Common 50,000 $20.875 D (right to buy) Stock - ---------------------------------------------------------------------------------------------------------------------------------- Employee Stock Option 7/12/03 Common 10,000 $16.625 D (right to buy) Stock - ---------------------------------------------------------------------------------------------------------------------------------- Employee Stock Option 1/18/04 Common 7,500 $20.875 D (right to buy) Stock - ---------------------------------------------------------------------------------------------------------------------------------- Employee Stock Option 8/19/04 Common 10,000 $19.00 D (right to buy) Stock - ---------------------------------------------------------------------------------------------------------------------------------- These options were granted under the Merry Land & Investment Company, Inc. 1995 Stock Option and Incentive Plan in a transaction exempt under Old Rule 16b-3. Twenty percent (20%) of these options become exercisable on 10/16/96 and an additional 20% become exercisable in four annual installments commencing 4/16/97. These options were granted under the Merry Land & Investment Company, Inc. 1993 Stock Option Incentive Plan in a transaction exempt under Old Rule 16b-3. 8,000 of these options are currently exercisable with 2,000 shares exercisable on 7/12/97. These options were granted under the Merry Land & Investment Company, Inc. 1993 Stock Option and Incentive Plan in a transaction exempt under Old Rule 16b-3. 6,000 of these options are currently exercisable with two installments of 1,500 shares exercisable on 1/18/97 and 1/18/98. These options were granted under the Merry Land & Investment Company, Inc. 1994 Stock Option and Incentive Plan in a transaction exempt under Old Rule 16b-3. 4,000 of these options are currently exercisable with three installments of 2,000 shares exercisable on 8/18/96, 8/18/97 and 8/18/98.
Explanation of Responses: /s/ August 23, 1996 ------------------------------- -------------------- STEWART R. SPEED Date **Signature of Reporting Person ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2 SEC 1473 (8/92) -----END PRIVACY-ENHANCED MESSAGE-----