SC 13D 1 umh13d12403.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Amendment No. 21 UNITED MOBILE HOMES, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 91-1024107 (CUSIP Number) Eugene W. Landy, Esq. Juniper Business Plaza, Suite 3-C 3499 Route 9 North Freehold, New Jersey 07728 732-577-9997 (Name, address and telephone number of Person Authorized to Receive Notices and Communications) January 24, 2003 (Date of Event Which Requires Filing this Statement) ANNUAL REPORT -- NO MATERIAL CHANGE If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this statement, and is filing this statement because of Rule 13d-1(b)(3) or (4), check the following: [ ] Check the following box if a fee is being paid with this statement: [ ] 1. Name of Reporting Person, S.S. or I.R.S. Identification No. of Reporting Person: Eugene W. Landy S.S. ####-##-#### 2. Check appropriate box if member of a group: a) [ X ] b) [ ] 3. SEC Use Only 4. Source of Funds: Eugene W. Landy used personal funds. 5. Check if Disclosure of Legal Proceedings is Required pursuant to Items 2(d) or 2(e): 6. Citizen or Place of Organization: Citizen of U.S.A. Number of Shares 7. Sole Voting Power 630,401.4420 shares Beneficially Owned 8. Shared Voting Power 370,781.5225 shares by Reporting Person 9. Sole Dispositive Power 630,401.4420 shares 10. Shared Dispositive Power 370,781.5225 shares 11. Aggregate Amount Beneficially Owned by Reporting Person: 1,001,182.9645 shares 12. Check if the Aggregate Amount in Row (11) excludes Certain Shares: [ X ] 13. Percent of Class Represented by Amount in Row (11): 13.03% 14. Type of Reporting Person: Individual ITEM 1. SECURITY AND ISSUER Common Stock issued by United Mobile Homes, Inc., Juniper Business Plaza, Suite 3-C, 3499 Route 9 North, Freehold, New Jersey 07728. ITEM 2. IDENTITY AND BACKGROUND (a) The person filing this statement is Eugene W. Landy. (b) Mr. Landy's business address is Juniper Business Plaza, Suite 3-C, Route 9 North, Freehold, New Jersey 07728. (c) Mr. Landy's present principal occupation is an attorney; President of Monmouth Capital Corporation; President of Monmouth Real Estate Investment Corporation (formerly Monmouth Real Estate Investment Trust); and Chairman of the Board of United Mobile Homes, Inc. (d) Mr. Landy has not been convicted in a criminal proceeding during the past five years. (e) Mr. Landy, has not, during the past five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction that resulted in a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state security laws or finding any violations with respect to such laws. (f) Mr. Landy is a United States citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Answers to this Item 3 for Mr. Landy are set forth above. ITEM 4. PURPOSE OF TRANSACTION Common Stock of United Mobile Homes, Inc. was acquired for investment purposes. The acquisition involves no change of control of United Mobile Homes, Inc. Eugene W. Landy is Chairman of the Board, Director and Founder. Therefore, Item 4 is somewhat inapplicable. Mr. Landy has no plans for the following: (a) The acquisition by any person or additional securities of the issuer, or the disposition of securities of the issuer; except that purchases of United Mobile Homes, Inc. common stock may be made under the United Mobile Homes, Inc. Dividend Reinvestment and Stock Purchase Plan; (b) the extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the issuer or any of its subsidiaries; (d) any change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) any other material change in the issuer's business or corporate structure; (f) changes in the issuer's charter, by-laws or instruments corresponding thereto or other actions which may impede the acquisition or control of the issuer by any person; (g) causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an interdealer quotation system of a registered national securities association; (h) a class of equity securities of the issuer becoming eligible for termination or registration; or (i) any action similar to any of those enumerated above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As of the close of business on January 24, 2003, the following table lists the aggregate number of shares and the percentage of the shares of common stock owned: Aggregate Number Percentage of Name of Shares Owned Shares Owned ____ ________________ _____________ Eugene W. Landy 550,546.7323* Gloria Landy 79,854.7097 Landy Investments 172,607.7251 Eugene W. Landy, Profit Sharing Plan 128,212.5096 Eugene W. Landy, Pension Plan 69,961.2878 Total: 1,001,182.9645** 13.03% ______________________________ *Does not include (1) 50,000 shares on which Mr. Landy has an option to purchase pursuant to the Company's Stock Option Plan, which option expires on January 5, 2005; and (2) 25,000 shares on which Mr. Landy has an option to purchase pursuant to the Company's Stock Option Plan, which option expires on August 5, 2003. **Excludes shares held by Mr. Landy's adult children in which he disclaims any beneficial interest. (b) The information required by this sub- paragraph is contained in the responses to ITEMS 7- 10 of the second part of the cover page hereto, which items are hereby incorporated by reference. (c) The following transactions were effected by Mr. Landy with respect to the Common Stock of United Mobile Homes, Inc. during the past 60 days: Amt. of Character of Price Per Name Date Shares Transaction Share ____ ____ _______ ____________ _________ E.W. Landy 12/16/02 6,073.7936 Acquisition Pursuant $12.50 To the Company's Dividend Reinvestment and Stock Purchase Plan Amt. of Character of Price Per Name Date Shares Transaction Share ____ ____ _______ ____________ _________ Gloria Landy 12/16/01 1,280.8208 Acquisition Pursuant $12.50 to the Company's Dividend Reinvestment and Stock Purchase Plan ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER _______________________________________________ There are no contracts, arrangements, understandings or relationships (legal or otherwise) between the person named in ITEM 2 hereof or between such person and any person with respect to any securities of United Mobile Homes, Inc. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None. 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. Dated: January 24, 2003 /s/ Eugene W. Landy Eugene W. Landy