-----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, QVT1F/9vLESy2zEUWcwtBDXjl6Mv3Swn7hCY9EYNXBMdL2sebTgME7DNSRtFjJxW PRrnEzjRuVWJanbcNd98Ug== 0000914483-97-000049.txt : 19970611 0000914483-97-000049.hdr.sgml : 19970611 ACCESSION NUMBER: 0000914483-97-000049 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970610 FILED AS OF DATE: 19970610 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: 97621726 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: DAVIS J RUSS JR CENTRAL INDEX KEY: 0001040715 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:September 30, 1998 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* Davis J. Russ, Jr. ------------------------------------ (Last) (First) (Middle) 2910 Lake Forest Drive ------------------------------------ (Street) Augusta Georgia 30909 ------------------------------------ (City) (State) (ZIP) 2. Date of Event Requiring Statement (MM/DD/YY) May 12, 1997 -------------------------------------------- 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 ----------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) X Form Filed by One Reporting Person --------- Form Filed by More than One Reporting Person ---------
Table I - Non-Derivative Securities Beneficially Owned - ---------------------------------------------------------------------------------------------------- 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 50,000 D --- - ---------------------------------------------------------------------------------------------------- These shares were acquired under the Merry Land & Investment Company, Inc.'s Stock Option and Incentive Plan pursuant to which the reporting person has executed a full recourse note in favor of Merry Land & Investment Company, Inc. for the purchase price of the common stock, which was $21.125 per share.
Reminder: Report on a separate line for each class of securities Page 1 beneficially owned directly or indirectly. SEC 1473 (Print or Type Responses) (9/96) *If the form is filed by more than one reporting person, see Instruction 5(b)(v).
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 5/12/07 Common 50,000 $21.125 D --- Option Stock (Right to buy) - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- These options were granted under the Merry Land & Investment Company, Inc. Stock Option and Incentive Plan. Twenty percent (20%) of these options become exercisable on 11/12/97 and an additional 20% become exercisable in four annual installments on 5/12/98, 5/12/99, 5/12/00, 5/12/01.
Explanation of Responses: /s/ June 9, 1997 ------------------------------- -------------------- J. RUSS DAVIS, JR. 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. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2, SEC 1473, (9/96) -----END PRIVACY-ENHANCED MESSAGE-----