-----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, HfULJtFlvDZyStooXkOlsxGrkwAPO0QMWL31STZaI1HlGP70rGxVmumAo3SrSZ1r 9UkA3DVrqAS6MsbX+/j6cA== 0000931763-02-001533.txt : 20020503 0000931763-02-001533.hdr.sgml : 20020503 ACCESSION NUMBER: 0000931763-02-001533 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020503 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55971 FILM NUMBER: 02633969 BUSINESS ADDRESS: STREET 1: 16101 LAGRANDE DRIVE STREET 2: SUITE 103 CITY: LITTLE ROCK STATE: AR ZIP: 72223 BUSINESS PHONE: 5013247255 MAIL ADDRESS: STREET 1: 16101 LAGRANDE DRIVE STREET 2: SUITE 103 CITY: LITTLE ROCK STATE: AR ZIP: 72223 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VIGRAN STANLEY L CENTRAL INDEX KEY: 0001094397 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 10 NORTH 7TH ST STREET 2: #503 CITY: RICHMOND STATE: IN ZIP: 47374 BUSINESS PHONE: 7659623519 MAIL ADDRESS: STREET 1: 10 NORTH 7TH ST STREET 2: #503 CITY: RICHMOND STATE: IN ZIP: 47374 SC 13D/A 1 dsc13da.txt AMENDMENT #1 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1) ---------------------------------------------------------- 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. 16101 LaGrande Drive, Suite 103 Little Rock, Arkansas 72223 (501) 324-7282 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 3, 2002 (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. [_] CUSIP No: 868161 10 0 ----------------------------------------------------------------------- 1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only): Stanley L. Vigran ----------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [_] (b) [X] ----------------------------------------------------------------------- 3) SEC Use Only: ----------------------------------------------------------------------- 4) Source of Funds (See Instructions): AF ----------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): [_] ----------------------------------------------------------------------- 6) Citizenship or Place of Organization: United States Citizen ---------------------------------------------------------------------------- Number of (7) Sole Voting Power: 30,000 0.35%* Shares (8) Shared Voting Power: 377,999 4.41%* Beneficially (9) Sole Dispositive Power: 30,000 0.35%* Owned by (10) Shared Dispositive Power: 377,999 4.41%* Each Reporting Person With * The percentages are based upon 8,574,748 shares of Superior Financial Corp. shares of common stock outstanding as of March 15, 2002 as reported by Superior Financial Corp. in its Annual Report on Form 10-K for the year ended December 31, 2001. ---------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person: 407,999 4.76% ---------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): [X] ---------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11): 4.76% ---------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions): IN 2 Item 1. Security and Issuer Common Stock, par value $0.01 per share Superior Financial Corp. 16101 LaGrande Drive, Suite103 Little Rock, Arkansas 72223 Item 2. Identity and Background (a) Stanley L. Vigran (b) 10 North 7/th/ Street, No. 503 Richmond, Indiana 47374 (residence or business address) (c) Investor (d) Not Applicable (e) Not Applicable (f) United States Item 3. Source and Amount of Funds or Other Consideration The events which caused this filing were as follows: (1) the distribution of 85,000 shares of common stock of Superior Financial Corp. on May 3, 2002, by Vine Street Exchange Fund, L.P. to certain of its limited partners. Financial Stocks, Inc. is the general partner of Vine Street Exchange Fund, L.P. Mr. Vigran is a director Financial Stocks, Inc. Additionally, on October 1, 2001, a distribution of 84,501 shares (less than 1% of the then outstanding shares) of Superior Financial Corp. common stock was made to the estate of one of the limited partners of Vine Street Exchange Fund, L.P. No consideration was received for either of these distributions. Mr. Vigran previously acquired 30,000 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 distributions of common stock which are the subject of this filing were made in accordance with the organizational documents and stated investment goals of Vine Street Exchange Fund, L.P. 3 Item 5. Interest in Securities of the Issuer (a) Aggregate Number and Percentage Beneficially Owned:* -------------------------------------------------- Common Stock 407,999 4.76% * 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: ----------------------------------- Stanley L. Vigran has the sole power to vote and to dispose of the 30,000 shares owned or controlled by him. As a director of Financial Stocks, Inc., Mr. Vigran has shared power to vote and dispose of the 235,000 shares held by Financial Stocks Private Equity Fund 1998, L.P. and the 142,999 shares held by Vine Street Exchange Fund, L.P. (c) Transactions During the Past 60 Days: ------------------------------------ Stanley L. Vigran has not personally traded any common stock of Superior Financial Corp. in the last 60 days. Vine Street Exchange Fund, L.P. distributed 85,000 shares of Superior Financial Corp. common stock on May 3, 2002 to certain of its limited partners. No consideration was received for this distribution. (d) Rights of Other Persons with Respect to Securities: -------------------------------------------------- Not Applicable. (e) Sale on Which Reporting Person Ceased to be Beneficial ------------------------------------------------------ Owner of more than five percent of the class of ----------------------------------------------- securities: ---------- In connection with the distributions described above, Mr. Vigran ceased to be a beneficial owner of more than five percent of the common stock of Superior Financial Corp on May 3, 2002. 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 or controls 235,000 shares of common stock of Superior Financial Corp. Vine Street Exchange Fund, L.P. owns or controls 142,999 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 or controls 545,600 shares of common stock of Superior Financial Corp. John M. Stein is a director of Superior Financial Corp. and owns or controls 160,800 shares of its common stock. Alexander D. Warm owns or controls 537,100 shares of common stock of Superior Financial Corp. Stanley L. Vigran owns or controls 30,000 shares of common stock of Superior Financial Corp. Steven N. Stein disclaims any beneficial ownership of the stock owned or controlled by any of John M. Stein, Alexander D. Warm and Stanley L. Vigran. John M. Stein disclaims any beneficial ownership of the stock 4 owned or controlled by any of Steven N. Stein, Alexander D. Warm and Stanley L. Vigran. Alexander D. Warm disclaims any beneficial ownership of the stock owned or controlled by any of Steven N. Stein, John M. Stein or Stanley L. Vigran. Stanley L. Vigran disclaims any beneficial ownership of the stock owned or controlled 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. May 3, 2002 /s/ Stanley L. Vigran --------------------- Stanley L. Vigran W:\F\Financial Stocks - Superior\Form 13D for Stanley Vigran (Amendment 1).wpd 5 -----END PRIVACY-ENHANCED MESSAGE-----