-----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, Lz5Kq1rXwsC8w4R4setmDCzFktQfX8K+QbBgM7ZaJ+L6GPt046urCGFLRrXvmIxN 9dVgMQgjt8M2apKbKTsndw== 0000904280-04-000040.txt : 20040212 0000904280-04-000040.hdr.sgml : 20040212 20040212110552 ACCESSION NUMBER: 0000904280-04-000040 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20040212 GROUP MEMBERS: GAIL S. MCGILL GROUP MEMBERS: JAMES C. MCGILL FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MCGILL JAMES C CENTRAL INDEX KEY: 0001247302 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 445 MAIN STREET CITY: BURLINGTON STATE: NC ZIP: 27215 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: 1ST STATE BANCORP INC CENTRAL INDEX KEY: 0001074078 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 562130744 STATE OF INCORPORATION: VA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-56219 FILM NUMBER: 04588878 BUSINESS ADDRESS: STREET 1: 445 S MAIN ST CITY: BURLINGTON STATE: NC ZIP: 27215 BUSINESS PHONE: 3362278861 MAIL ADDRESS: STREET 1: 445 S MAIN ST STREET 2: C/O 1ST STATE BANCORP INC CITY: BURLINGTON STATE: NC ZIP: 27215 SC 13G/A 1 stamcgill13g-a.txt MCGILL SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G/A (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 2)/1/, /2/ 1st State Bancorp, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 33645S 10 0 - -------------------------------------------------------------------------------- (CUSIP Number) N/A - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / / Rule 13d-1(b) /X/ Rule 13d-1(c) / / Rule 13d-1(d) - ------------------- /1/ The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). /2/ The Reporting Person previously filed Schedule 13G and Amendment No. 1 to Schedule 13G jointly with 1st State Bank Foundation, Inc. Page 1 of 6 pages - -------------------------------------------------------------------------------- CUSIP NO. 33645S 10 0 / 13G / Page 2 of 6 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- / 1 / NAMES OF REPORTING PERSONS: / / JAMES C. McGILL / / / / I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) / / - -------------------------------------------------------------------------------- / 2 / CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * / / / / (a) /X/ / / / / (b) / / / / - -------------------------------------------------------------------------------- / / / 3 / SEC USE ONLY / / - -------------------------------------------------------------------------------- / / / 4 / CITIZENSHIP OR PLACE OF ORGANIZATION / / UNITED STATES OF AMERICA / / - -------------------------------------------------------------------------------- / / / / / 5 / SOLE VOTING POWER 166,561 (1) / NUMBER OF -------------------------------------------------------- / SHARES / 6 / SHARED VOTING POWER 117,585 (2) / BENEFICIALLY / / / OWNED BY -------------------------------------------------------- / EACH / 7 / SOLE DISPOSITIVE POWER 166,561 (1) / REPORTING / / / PERSON -------------------------------------------------------- / WITH / 8 / SHARED DISPOSITIVE POWER 117,585 (2) / / / - -------------------------------------------------------------------------------- / 9 / AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON / / 284,146 - -------------------------------------------------------------------------------- / 10 / CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN / / SHARES / / / / - -------------------------------------------------------------------------------- / 11 / PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 / / 9.33% (3) - -------------------------------------------------------------------------------- / 12 / TYPE OF REPORTING PERSON / / IN - -------------------------------------------------------------------------------- (1) Includes 79,078 shares that may be acquired upon exercise of options exercisable within 60 days. (2) Consists of 117,585 shares owned by the 1st State Bank Foundation, Inc., of which the reporting person serves as a Director. (3) Assumes that options for 79,078 shares have been exercised. - -------------------------------------------------------------------------------- CUSIP NO. 33645S 10 0 / 13G / Page 3 of 6 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- / 1 / NAMES OF REPORTING PERSONS: / / GAIL S. McGILL / / / / I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) / / - -------------------------------------------------------------------------------- / 2 / CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * / / / / (a) /X/ / / / / (b) / / / / - -------------------------------------------------------------------------------- / / / 3 / SEC USE ONLY / / - -------------------------------------------------------------------------------- / / / 4 / CITIZENSHIP OR PLACE OF ORGANIZATION / / UNITED STATES OF AMERICA / / - -------------------------------------------------------------------------------- / / / / / 5 / SOLE VOTING POWER 288 / NUMBER OF -------------------------------------------------------- / SHARES / 6 / SHARED VOTING POWER 0 / BENEFICIALLY / / / OWNED BY -------------------------------------------------------- / EACH / 7 / SOLE DISPOSITIVE POWER 288 / REPORTING / / / PERSON -------------------------------------------------------- / WITH / 8 / SHARED DISPOSITIVE POWER 0 / / / - -------------------------------------------------------------------------------- / 9 / AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON / / 288 - -------------------------------------------------------------------------------- / 10 / CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN / / SHARES / / / / - -------------------------------------------------------------------------------- / 11 / PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 / / 0.01% - -------------------------------------------------------------------------------- / 12 / TYPE OF REPORTING PERSON / / IN - -------------------------------------------------------------------------------- ------------------------------ / Page 4 of 6 Pages / ------------------------------ Securities and Exchange Commission Washington, DC 20549 ITEM 1(a). NAME OF ISSUER. 1st State Bancorp, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES. 445 S. Main Street Burlington, North Carolina 27215 ITEM 2(a). NAME OF PERSON(S) FILING. (A) James C. McGill (B) Gail S. McGill ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE. (A) 445 S. Main Street Burlington, North Carolina 27215 (B) 1915 W. Lake Drive Burlington, North Carolina 27215 ITEM 2(c). CITIZENSHIP. (A) United States of America. (B) United States of America. ITEM 2(d). TITLE OF CLASS OF SECURITIES. Common Stock, par value $.01 per share. ITEM 2(e). CUSIP NUMBER. 33645S 10 0 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A: Not applicable. This Statement is being filed pursuant to Rule 13d-1(c). ITEM 4. OWNERSHIP. (a) AMOUNT BENEFICIALLY OWNED: See Row 9 of the second part of the cover page provided for each reporting person. ------------------------------ / Page 5 of 6 Pages / ------------------------------ (b) PERCENT OF CLASS: See Row 11 of the second part of the cover page provided for each reporting person. (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: See Rows 5, 6, 7, and 8 of the second part of the cover page provided for each reporting person. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: / / ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. No other person is known to have the right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of the shares held by the reporting person. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable. ITEM 10. CERTIFICATIONS. By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. ------------------------------ / Page 6 of 6 Pages / ------------------------------ 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. /s/ James C. McGill - --------------------------------------------- February 10, 2004 James C. McGill, as an Individual Stockholder /s/ Gail S. McGill - --------------------------------------------- February 10, 2004 Gail S. McGill, as an Individual Stockholder EX-99 3 stamcgill13g-aex99.txt AGREEMENT AGREEMENT RELATING TO FILING OF JOINT STATEMENT PURSUANT TO RULE 13d-1(k) UNDER THE SECURITIES EXCHANGE ACT OF 1934 The undersigned agree that the Statement of Schedule 13G to which this Agreement is attached is filed on behalf of each of them. Date: February 10, 2004 By: /s/ James C. McGill --------------------------------------- James C. McGill By: /s/ Gail S. McGill --------------------------------------- Gail S. McGill -----END PRIVACY-ENHANCED MESSAGE-----