-----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, T3MKtAho3TxLmLqrblj1dyE6Pw5FH/C1WrAXlmI9nWQfkuWm5mhe/8aIGncYCW1y HQo2gqky2wTA+lDqfSMTkQ== 0001002105-98-000049.txt : 19980403 0001002105-98-000049.hdr.sgml : 19980403 ACCESSION NUMBER: 0001002105-98-000049 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980402 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WORLD ACCEPTANCE CORP CENTRAL INDEX KEY: 0000108385 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 570425114 STATE OF INCORPORATION: SC FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-43019 FILM NUMBER: 98586602 BUSINESS ADDRESS: STREET 1: 108 FREDRICK STREET CITY: GREENVILLE STATE: SC ZIP: 29607 BUSINESS PHONE: 8642989800 MAIL ADDRESS: STREET 1: P O BOX 6429 CITY: GREENVILLE STATE: SC ZIP: 29606 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MARTIN JAMES T CENTRAL INDEX KEY: 0000898228 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: TUPPENY HOUSE CITY: TUCKERSTOWN BERMUDA STATE: D0 ZIP: 00000 BUSINESS PHONE: 8024965885 MAIL ADDRESS: STREET 1: TUPPENNY HOUSE CITY: TUCKERSTOWN BERMUDA STATE: D0 ZIP: 00000 SC 13D/A 1 SC 13D/A - JAMES T. MARTIN SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (AMENDMENT NO. 1)1 WORLD ACCEPTANCE CORPORATION --------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, NO PAR VALUE --------------------------------------------------------------------------- (Title of Class of Securities) 981419104 --------------------------------------------------------------------------- (CUSIP Number) GEORGE R. WHITTEMORE, MILLS VALUE ADVISER, INC., 707 EAST MAIN STREET, RICHMOND, VIRGINIA 23219 (804) 344-3804 --------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) MARCH 18, 1998 --------------------------------------------------------------------------- (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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box |_|. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 7 Pages) - ---------------- 1The 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 disclosures provided in a prior cover page. The information required on 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, as amended (the "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). ------------------------- -------------------------- CUSIP No. 981419104 SCHEDULE 13D Page 2 of 7 Pages ------------------------- -------------------------- ------- ------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James T. Martin ------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| Not Applicable ------- ------------------------------------------------------------------- 3 SEC USE ONLY ------- ------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF ------- ------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| Not Applicable ------- ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Bermuda ----------------------- ------- ------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 1,140,000 ------- ------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- ------- ------------------------------------------- OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- ------- ------------------------------------------- 10 SHARED DISPOSITIVE POWER PERSON WITH -0- ----------------------- ------- ------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,140,000 ------- ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] Not Applicable ------- ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.0% ------- ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN ------- ------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! AMENDMENT NO. 1 TO SCHEDULE 13D FOR JAMES T. MARTIN This Amendment No. 1 hereby amends and supplements the Schedule 13D (the "Schedule 13D") dated December 23, 1997 filed by James T. Martin with the Securities and Exchange Commission on or about January 13, 1998 with respect to the common stock, no par value per share, of World Acceptance Corporation. Item 1. Security and Issuer This Amendment No. 1 relates to the common stock, no par value per share ("Common Stock"), of World Acceptance Corporation, 108 Frederick Street, Greenville, SC 29607 (the "Issuer"). Item 2. Identity and Background (A) James T. Martin (B) Tuppeny House Tuckerstown, Bermuda (C) James T. Martin is a lecturer, author and consultant. (D) During the past five years, James T. Martin has not been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors. (E) During the past five years, James T. Martin has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and has not been 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 violation with respect to such laws. (F) James T. Martin is a citizen of Bermuda (subject of Great Britain). Page 3 of 7 Pages Item 3. Source and Amount of Funds and Other Consideration The total amount of the funds used in making the purchases was $7,361,208, of which $1,042,445 represent purchases since the date of the Schedule 13D. The sources of the funds used in making the purchases were personal funds. Item 4. Purpose of Transaction James T. Martin has purchased shares of Common Stock for investment purposes. There are no plans or proposals which James T. Martin may have that relate to or would result in: (A) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer, except as otherwise disclosed herein; (B) An 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 of 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 material change in the present capitalization or dividend policy of the Issuer; (F) Any other material change in the Issuer's business or corporate structure; (G) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; (H) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be Page 4 of 7 Pages quoted in an inter-dealer quotation system of a registered national securities association; (I) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended; or (J) Any action similar to any of those enumerated above. Item 5. Interest in Securities of the Issuer (A) The aggregate number and percentage of Common Stock beneficially owned by James T. Martin are 1,140,000 Shares and 6.0%, respectively. (B) James T. Martin has the sole power to vote or to direct the vote of all the shares identified pursuant to Item 5(a). Mr. Martin does not have any power to dispose or to direct the disposition of all the shares identified pursuant to Item 5(a). (C) Transactions in the securities identified pursuant to Item 5(a) since the date of the Schedule 13D are as follows: Beneficial Trans. Amount of Price Per Where/How Owner Date Transaction Share Effected ----- ---- ----------- ----- -------- J.T. Martin 12/24/97 $55,540 $5.55 Open Market J.T. Martin 12/26/97 $55,321 $5.53 Open Market J.T. Martin 12/31/97 $111,728 $5.59 Open Market J.T. Martin 1/15/98 $495,545 $5.33 Open Market J.T. Martin 3/12/98 $106,731 $5.34 Open Market J.T. Martin 3/13/98 $107,212 $5.36 Open Market J.T. Martin 3/16/98 $53,755 $5.38 Open Market J.T. Martin 3/18/98 $56,613 $5.66 Open Market (D) Not applicable. (E) Not applicable. Page 5 of 7 Pages Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer None Item 7. Material to be Filed as Exhibits None Page 6 of 7 Pages SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement on Schedule 13D is true, complete and correct. James T. Martin Date: March 18, 1998 /s/ James T. Martin ----------------------------------- James T. Martin Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----