-----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, JAgc6Yp9DGUoAvBkGH1xzfXTiuO4xh7Zwn1ODNy61D5UyXmq84sdVdohVlSDovfx ePKuU4tl8P3SM1Y0RdPMVg== 0000950159-05-000171.txt : 20050214 0000950159-05-000171.hdr.sgml : 20050214 20050214172037 ACCESSION NUMBER: 0000950159-05-000171 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050214 DATE AS OF CHANGE: 20050214 GROUP MEMBERS: ERIC D. JACOBS GROUP MEMBERS: JEFFREY A. MILLER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VISION BANCSHARES INC CENTRAL INDEX KEY: 0001095861 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 631230752 STATE OF INCORPORATION: AL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-79416 FILM NUMBER: 05612592 BUSINESS ADDRESS: STREET 1: 2201 WEST 1ST STREET CITY: GULF SHORES STATE: AL ZIP: 36542 BUSINESS PHONE: 2519674212 MAIL ADDRESS: STREET 1: PO BOX 4649 CITY: GULF SHORES STATE: AL ZIP: 36547 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MILLER & JACOBS CAPITAL LLC CENTRAL INDEX KEY: 0001056767 IRS NUMBER: 133920489 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: PO BOX 26039 GALLOWS BAY STATION CITY: CHRISTRANSTED ST CROIX STATE: VI ZIP: 00824 BUSINESS PHONE: 8407731300 MAIL ADDRESS: STREET 1: PO BOX 26039 GALLOWS BAY STATION CITY: CHRISTRANSTED ST CROIX STATE: VI ZIP: 00824 SC 13G 1 visionbanc13g.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________ SCHEDULE 13G (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 13d-2(b) (Amendment No. )1 Vision Bancshares, Inc. (Name of Issuer) Common Stock, $1.00 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 92832B106 - -------------------------------------------------------------------------------- (CUSIP NUMBER) December 31, 2004 (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 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 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). - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS: Jeffrey A. Miller I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) 0 (b) |X| - -------------------------------------------------------------------------------- SEC USE ONLY - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - -------------------------------------------------------------------------------- SHARED VOTING POWER 139,600 - -------------------------------------------------------------------------------- SOLE DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- SHARED DISPOSITIVE POWER 139,600 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 139,600 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! -2- - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS: Eric D. Jacobs I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) 0 (b) |X| - -------------------------------------------------------------------------------- SEC USE ONLY - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - -------------------------------------------------------------------------------- SHARED VOTING POWER 139,600 - -------------------------------------------------------------------------------- SOLE DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- SHARED DISPOSITIVE POWER 139,600 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 139,600 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! -3- - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS: Miller & Jacobs Capital, L.L.C. I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 13-3920489 - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) 0 (b) |X| - -------------------------------------------------------------------------------- SEC USE ONLY - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Virgin Islands - -------------------------------------------------------------------------------- NUMBER OF SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - -------------------------------------------------------------------------------- SHARED VOTING POWER 139,600 - -------------------------------------------------------------------------------- SOLE DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- SHARED DISPOSITIVE POWER 139,600 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 139,600 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT -4- Item 1(a). Name of Issuer: Vision Bancshares, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 2201 West 1st Street Gulf Shores, Alabama 36542 Item 2(a). Name of Persons Filing: Jeffrey A. Miller Eric D. Jacobs Miller & Jacobs Capital, L.L.C. (collectively, the "Reporting Persons") Item 2(b). Address of Principal Business Office or, if None, Residence: The principal business address of the Reporting Persons is: P.O. Box 26039 Gallows Bay Station Christiansted, St. Croix, USVI 00824 Item 2(c). Citizenship: Jeffrey A. Miller: United States of America Eric D. Jacobs: United States of America Miller & Jacobs Capital, L.L.C. is organized in the U.S. Virgin Islands Item 2(d). Title of Class of Securities: Common Stock, $1.00 par value Item 2(e). CUSIP Number: 92832B106 -5- 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 (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act; (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act; (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Exchange Act; (d) [ ] Investment Company registered under Section 8 of the Investment Company Exchange Act; (e) [ ] Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] Parent Holding Company or Control Person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [ ] Saving Association as defined in Section 3(b) of The Federal Deposit Insurance Act; (i) [ ] Church Plan that is excluded from the definition of an Investment Company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. A. Jeffrey A. Miller (a) Amount beneficially owned: 139,600 (b) Percent of Class: 4.6% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or to direct the vote: 139,600 (iii)Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 139,600 B. Eric D. Jacobs (a) Amount beneficially owned: 139,600 (b) Percent of Class: 4.6% -6- (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or to direct the vote: 139,600 (iii)Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 139,600 C. Miller & Jacobs Capital, L.L.C. (a) Amount beneficially owned: 139,600 (b) Percent of Class: 4.6% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or to direct the vote: 139,600 (iii)Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 139,600 As calculated in accordance with Rule 13d-3 of the Securities Exchange Act of 1934, as amended, Jeffrey A. Miller and Eric D. Jacobs beneficially own 139,600 shares of the Issuer's Common Stock ("Common Stock"), representing 4.6% of the Common Stock. Mr. Miller and Mr. Jacobs do not directly own any shares of Common Stock, but they do indirectly own 139,600 shares of Common Stock in their capacity as the sole managers and members of Miller & Jacobs Capital, L.L.C., a Virgin Islands limited liability company ("MJC"), which in turn (a) serves as the general partner for Acadia Fund I, L.P., a Delaware limited partnership ("Acadia LP") and (b) serves as investment manager for Cerulean Partners, Ltd., an exempt company incorporated in the Cayman Islands ("Cerulean"). 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: [ X ] Item 6. Ownership of More than Five Percent on Behalf of Another Person. Each of Acadia LP and Cerulean have the right to receive dividends and the proceeds from the sale of the shares of Common Stock held by such person. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not Applicable -7- Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. 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. -8- 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. Dated: February 14, 2005 /s/ Jeffrey A. Miller --------------------- Jeffrey A. Miller /s/ Eric D. Jacobs ------------------ Eric D. Jacobs MILLER & JACOBS CAPITAL, L.L.C. By: /s/ Eric D. Jacobs ---------------------- Name: Eric D. Jacobs Title: Managing Member EXHIBIT INDEX Exhibits - -------- 1. Joint Filing Agreement, dated February 14, 2005, amongst Jeffrey A. Miller, Eric D. Jacobs, and Miller & Jacobs Capital, L.L.C. -9- EXHIBIT 1 --------- JOINT FILING AGREEMENT The undersigned hereby agree that this Statement on Schedule 13G with respect to the beneficial ownership of shares of Common Stock of Vision Bancshares, Inc., is filed jointly, on behalf of each of them. Dated: February 14, 2005 /s/ Jeffrey A. Miller --------------------- Jeffrey A. Miller /s/ Eric D. Jacobs ------------------ Eric D. Jacobs MILLER & JACOBS CAPITAL, L.L.C. By: /s/ Eric D. Jacobs ---------------------- Name: Eric D. Jacobs Title: Managing Member -10- -----END PRIVACY-ENHANCED MESSAGE-----