-----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, Ps4mzO4EhM3mjaUpRxCkzP/RDwxalpA8LaLWC8DgzIKdbWatK+sW3s0iJ/w02ElP ZB/rgOE8N2bGWGFUZGBdAQ== 0001144204-06-022887.txt : 20060530 0001144204-06-022887.hdr.sgml : 20060529 20060530120544 ACCESSION NUMBER: 0001144204-06-022887 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060530 DATE AS OF CHANGE: 20060530 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SILVERLEAF RESORTS INC CENTRAL INDEX KEY: 0001033032 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 752259890 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-52949 FILM NUMBER: 06872740 BUSINESS ADDRESS: STREET 1: 1221 RIVERBEND DR STREET 2: SUITE 120 CITY: DALLAS STATE: TX ZIP: 75247 BUSINESS PHONE: 2146311166 MAIL ADDRESS: STREET 1: 1221 RIVERBEND DR STREET 2: SUITE 120 CITY: DALLAS STATE: TX ZIP: 75247 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MEAD ROBERT E CENTRAL INDEX KEY: 0001040747 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: BUSINESS PHONE: 2146311166 MAIL ADDRESS: STREET 1: 1221 RIVERBEND DR STREET 2: STE 120 CITY: DALLAS STATE: TX ZIP: 75247 SC 13D/A 1 v044437_sc13da.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Amendment No. 2 Under the Securities Exchange Act of 1934 SILVERLEAF RESORTS, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value, $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 82839510 - -------------------------------------------------------------------------------- (CUSIP Number) Robert E. Mead Silverleaf Resorts, Inc. 1221 River Bend Drive Suite 120 Dallas, TX 75247 214-631-1166 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notice and Communications) May 26, 2006 - -------------------------------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ] CUSIP No. 82839510 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Robert E. Mead - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions): OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: USA - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power: 9,349,417 Shares Shares ----------------------------------------------------------- Beneficially 8. Shared Voting Power: 0 Owned ----------------------------------------------------------- by Each 9. Sole Dispositive Power: 9,349,417 Shares Reporting ----------------------------------------------------------- Person With 10. Shared Dispositive Power: 0 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person: 9,349,417 Shares - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11): 24.9% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 2 CUSIP No. 82839510 ITEM 1. SECURITY AND ISSUER. Robert E. Mead hereby amends his statement on Schedule 13D filed with the Securities and Exchange Commission (the "Commission") on November 12, 1999, as amended by Schedule 13D/A filed with the Commission on December 23, 2003, with respect to shares of common stock, par value $.01 (the "Common Stock") of Silverleaf Resorts, Inc., a Texas corporation (the "Issuer"). The principal executive offices of the Issuer are located at 1221 River Bend Drive, Suite 120, Dallas, Texas 75247. ITEM 2. IDENTITY AND BACKGROUND. (a) Name: Robert E. Mead (b)--(c) Mr. Mead's principal occupation is that of Chairman and Chief Executive Officer of the Issuer. His principal business address is 1221 River Bend Drive, Suite 120, Dallas, Texas 75247. (d)--(e) During the last five years, Mr. Mead has not been convicted in a criminal proceeding and was not 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 violations with respect to such laws. (f) Mr. Mead is a citizen of the United States. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. N/A ITEM 4. PURPOSE OF TRANSACTION. On May 26, 2006, Mr. Mead, as trustee under the Voting Trust established under that certain Voting Trust Agreement dated November 1, 1999 by and between Mr. Mead and Judith F. Mead, his wife, sold 2,000,000 shares of Common Stock to a group of private investors pursuant to Securities Purchase Agreements, each dated May 24, 2006, among Mr. Mead, the Issuer, Grace Brothers, Ltd. and each private investor, at a price of $3.50 per share. Mr. Mead holds the sole power to vote and dispose of all shares held in the Voting Trust as the Trustee of that trust. Except as set forth herein, Mr. Mead, both individually and in his capacity as Trustee, has no present plans or proposals which relate to or would result in any of the other events described in Items 4(a)--(j) of Schedule 13D occurring. However, nothing contained herein shall prohibit Mr. Mead, either individually or in his capacity as Trustee, from developing and implementing any such plans or proposals in the future. 3 ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) As of the date hereof, Mr. Mead is deemed to beneficially own 9,349,417 shares of Common Stock of the Issuer, all of which are subject to the Voting Trust of which Mr. Mead is the sole Voting Trustee. According to the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2006, there were 37,494,304 shares of Common Stock outstanding. Based upon that number, the percentage of shares subject to the Voting Trust is approximately 24.9% of the Issuer's outstanding Common Stock. (b) Mr. Mead, as the Voting Trustee, has the sole power to vote and to direct the vote, and to dispose or to direct the disposition of, the 9,349,417 shares of Common Stock held by the Voting Trust. Mr. Mead, as sole Voting Trustee, does not share the power to vote or to direct the vote, and to dispose or direct the disposition of, the shares of Common Stock held by the Voting Trust with any other individual or entity. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO THE SECURITIES OF THE ISSUER. The 9,349,417 shares controlled by Mr. Mead are subject to a Voting Trust Agreement dated November 1, 1999 between Mr. Mead and Judith F. Mead, his wife. Pursuant to the Voting Trust Agreement, Mr. Mead is designated as the initial Trustee of the Voting Trust, and Mr. Mead has agreed to serve as the initial Trustee. In the event of Mr. Mead's death, or upon his resignation or removal as Trustee, James B. Francis, Jr. has been designated as the successor Trustee. As of the date of this statement, Mr. Francis is a member of the Board of Directors of the Issuer. Any Trustee may be removed only by a vote or the written consent of two-thirds (2/3) in interest of the Voting Trust Certificate Holders. Mr. Mead is the holder of all of the Voting Trust Certificates issued as of the date of this statement. The Trustee possesses and, in the Trustee's unrestricted discretion, is entitled to exercise in person or by the Trustee's nominees, agents, attorneys-in-fact, or proxies all rights and powers to vote, assent, or consent to all corporate or shareholders' actions. No person other than the Trustee shall have any voting rights during the term of the Agreement. Also, see Item 4 above regarding the Securities Purchase Agreement. ITEM 7. EXHIBITS 7.1 Voting Trust Agreement dated November 1, 1999 between Robert E. Mead and Judith F. Mead (incorporated herein by reference to Exhibit 7.1 to Schedule 13D filed November 12, 1999). 7.2 Form of Securities Purchase Agreement, each dated May 24, 2006, among Mr. Mead, the Issuer, Grace Brothers, Ltd. and each private investor (incorporated herein by reference to Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed May 26, 2006 with the Commission). 4 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: May 30, 2006 /s/ Robert E. Mead ----------------------------------- Robert E. Mead 5 -----END PRIVACY-ENHANCED MESSAGE-----