-----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, OhHsE1MYNRbbfI6BlSQYN7xrOC2zeaRuIhq8iDHe1IFSl379cBM13ShJNSDFiM9b zPJ/YG0mn/vWEhWsw3dLug== 0000931763-99-002474.txt : 19990824 0000931763-99-002474.hdr.sgml : 19990824 ACCESSION NUMBER: 0000931763-99-002474 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990823 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUPERIOR FINANCIAL CORP /AR/ CENTRAL INDEX KEY: 0001060770 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 510379417 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-55971 FILM NUMBER: 99697826 BUSINESS ADDRESS: STREET 1: 5000 ROGERS AVE CITY: FORT SMITH STATE: AR ZIP: 72917 MAIL ADDRESS: STREET 1: 5000 ROGERS AVE CITY: FORT SMITH STATE: AR ZIP: 72903 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STEIN JOHN M CENTRAL INDEX KEY: 0001093658 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 298682777 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 441 VINE STREET, SUITE 507 CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5132416166 MAIL ADDRESS: STREET 1: 441 VINE STREET, STREET 2: SUITE 507 CITY: CINCINNATI STATE: OH ZIP: 45202 SC 13D 1 SCHEDULE 13D FOR JOHN M. STEIN SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Initial Filing) __________________________________________________________ SUPERIOR FINANCIAL CORP. (Name of Issuer) Common Stock par value $0.01 per share (Title of Class of Securities) C. Stanley Bailey Chief Executive Officer Superior Financial Corp. 5000 Rogers Avenue Fort Smith, Arkansas 72903 (501) 484-4305 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 13, 1999 (Date of Event which Requires Filing of this Statement) If the 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 (S)(S) 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [_] SCHEDULE 13D - ----------------------- --------------------- CUSIP NO.868161 10 0 PAGE OF PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only): John M. Stein - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (See Instructions) 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* (See Instructions): 4 AF - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 160,800 1.60% SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 462,500 4.59% ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 160,800 1.60% PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 462,500 4.59% - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 623,300 6.18% - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [X] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 6.18% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* (See Instructions): 14 IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 2 Item 1. Security and Issuer Common Stock, par value $0.01 per share Superior Financial Corp. 5000 Rogers Avenue Fort Smith, Arkansas 72903 Item 2. Identity and Background (a) John M.. Stein (b) Financial Stocks, Inc. 441 Vine Street, Suite 507 Cincinnati, Ohio 45202 (business address) (c) President Financial Stocks, Inc. 441 Vine Street, Suite 507 Cincinnati, Ohio 45202 (d) Not Applicable (e) Not Applicable (f) United States Item 3. Source and Amount of Funds or Other Consideration The events which required this filing were the purchases of 50,000 shares, 50,000 shares and 50,000 shares of common stock of Superior Financial Corp. on August 13, 1999, August 16, 1999 and August 19, 1999, respectively, by Financial Stocks Private Equity Fund 1998, L.P. Financial Stocks, Inc. is the general partner of Financial Stocks Private Equity Fund 1998, L.P. John M. Stein is a director and the President of Financial Stocks, Inc. The source of the funds was the working capital of Financial Stocks Private Equity Fund 1998, L.P. The aggregate consideration for the three purchases was $1,809,000. Mr. Stein previously acquired beneficial ownership of 160,800 shares of common stock of Superior Financial Corp. in a private placement transaction that was consummated on April 1, 1998. Superior Financial Corp. registered its common stock under section 12(g) of the Securities Exchange Act of 1934 on January 5, 1999. Item 4. Purpose of Transaction The acquisitions of common stock which are the subject of this filing were made for general investment purposes. 3 Item 5. Interest in Securities of the Issuer (a) Aggregate Number and Percentage Beneficially Owned:* -------------------------------------------------- Common Stock 623,300 6.18% * Includes shares held by Financial Stocks Private Equity Fund 1998, L.P. and Vine Street Exchange Fund, L.P. Financial Stocks, Inc, is the general partner of Financial Stocks Private Equity Fund 1998, L.P. and Vine Street Exchange Fund, L.P. (b) Power to Vote and Dispose of Shares: ----------------------------------- John M. Stein has the sole power to vote and to dispose of the 160,800 shares directly owned by him. As a director and executive officer of Financial Stocks, Inc., Mr. Stein has shared power to vote and dispose of the 150,000 shares held by Financial Stocks Private Equity Fund 1998, L.P. and the 312,500 shares held by Vine Street Exchange Fund, L.P. (c) Transactions During the Past 60 Days: ------------------------------------ John M. Stein has not personally traded any common stock of Superior Financial Corp. in the last 60 days. Financial Stocks Private Equity Fund 1998, L.P. purchased 50,000 shares of Superior Financial Corp. common stock on August 13, 1999 for $12.06 per share on the open market. Financial Stocks Private Equity Fund 1998, L.P. purchased 50,000 shares of Superior Financial Corp. common stock on August 16, 1999 for $12.06 per share on the open market. Financial Stocks Private Equity Fund 1998, L.P. purchased 50,000 shares of Superior Financial Corp. common stock on August 19, 1999 for $12.06 per share on the open market. (d) Rights of Other Persons with Respect to Securities: -------------------------------------------------- Not Applicable. (e) Sale on Which Reporting Person Ceased to be Beneficial ------------------------------------------------------ Owner: ------ Not Applicable. Item 6. Contracts, Arrangements, Understandings, or Relationships with Respect to the Securities of the Issuer. Financial Stocks, Inc. is the general partner of Financial Stocks Private Equity Fund 1998, L.P. and Vine Street Exchange Fund, L.P. Financial Stocks Private Equity Fund 1998, L.P. owns 150,000 shares of common stock of Superior Financial Corp. Vine Street Exchange Fund, L.P. owns 312,500 shares of common stock of Superior Financial Corp. Steven N. Stein, John M. Stein, Alexander D. Warm and Stanley L. Vigran are the directors and shareholders of Financial Stocks, Inc. Steven N. Stein and John M. Stein are brothers. Steven N. Stein owns 577,600 shares of common stock of Superior Financial Corp. John M. Stein is a director of Superior Financial Corp. and owns 168,800 shares of its common stock. Alexander D. Warm owns 537,100 shares of common stock of Superior Financial Corp. Stanley L. Vigran owns 30,000 shares of common stock of Superior Financial Corp. Steven N. Stein disclaims any beneficial ownership of the stock held by any of John M. Stein, Alexander D. Warm and Stanley L. Vigran. John M. Stein disclaims any beneficial ownership of the stock held by any of Steven N. Stein, Alexander D. Warm and Stanley L. Vigran. Alexander D. Warm disclaims any beneficial ownership of the stock held by any of Steven N. Stein, John M. Stein or Stanley L. Vigran. Stanley L. Vigran 4 disclaims any beneficial ownership of the stock held by any of Steven N. Stein, John M. Stein or Alexander D. Warm. Item 7. Material Filed as Exhibits Not Applicable. 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. August 20, 1999 /s/ John M. Stein -------------------------- John M. Stein 5 -----END PRIVACY-ENHANCED MESSAGE-----