-----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, GRCm9TINS+rHvO6RjLcRyHmQhFyn87Q2y2SdDZgwDxVJL9mv9EnUZh8jyA2Ovq2m A5nS0FIdtAzIx1iccliLXA== 0000891020-04-000221.txt : 20040213 0000891020-04-000221.hdr.sgml : 20040213 20040213151718 ACCESSION NUMBER: 0000891020-04-000221 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20040213 GROUP MEMBERS: DOUGLAS FAMILY TRUST GROUP MEMBERS: ESTATE OF CYNTHIA DOUGLAS GROUP MEMBERS: JAMES DOUGLAS AND JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST GROUP MEMBERS: JAMES E. DOUGLAS, III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RURAL CELLULAR CORP CENTRAL INDEX KEY: 0000869561 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 411693295 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49425 FILM NUMBER: 04598365 BUSINESS ADDRESS: STREET 1: 3905 DAKOTA ST SW STREET 2: P O BOX 2000 CITY: ALEXANDRIA STATE: MN ZIP: 56308 BUSINESS PHONE: 3207622000 MAIL ADDRESS: STREET 1: P O BOX 2000 CITY: ALEXANDRIA STATE: MN ZIP: 56038 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DOUGLAS KEVIN CENTRAL INDEX KEY: 0001132859 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 4040 CIVIC CENTER DRIVE CITY: SAN RAFAEL STATE: CA ZIP: 94903 MAIL ADDRESS: STREET 1: 4040 CIVIC CENTER DRIVE CITY: SAN RAFAEL STATE: CA ZIP: 94903 SC 13G/A 1 v96458a2sc13gza.htm AMENDMENT NO. 2 TO SCHEDULE 13G Rural Cellular Corporation Form SC 13G/A
 

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

Rural Cellular Corporation


(Name of Issuer)

Class A Common Stock, $0.01 par value per share


(Title of Class of Securities)

781904107


(Cusip Number Class of Securities)

Eric A. DeJong
P. Amy Reischauer
Perkins Coie LLP
1201 Third Avenue, Suite 4800
Seattle, Washington 98101-3099
(206) 359-8000


(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 31, 2003


(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

        o Rule 13d-1 (b)

        x Rule 13d-1 (c)

        o Rule 13d-1 (d)

*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 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).

 


 

             
13G
(Amendment No. 2)
CUSIP No. 781904107

  1. Name of Reporting Person:
Kevin Douglas
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group:
    (a) o  
    (b) x  Joint Filing (see Item 4 hereof)

  3. SEC Use Only:

  4. Citizenship or Place of Organization:
United States

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power:
-0-

6. Shared Voting Power:
910,945 (1)

7. Sole Dispositive Power:
-0-

8.Shared Dispositive Power:
1,619,000 (2)

  9.Aggregate Amount Beneficially Owned by Each Reporting Person:
1,619,000

  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
o

  11.Percent of Class Represented by Amount in Row (9):
13.4%(3)

  12.Type of Reporting Person:
IN

(1)   Kevin Douglas and his wife, Michelle Douglas, hold 538,645 shares both directly and jointly. In addition, Kevin Douglas is the trustee of the James Douglas and Jean Douglas Irrevocable Descendants’ Trust.

(2)   Kevin Douglas has been granted dispositive power with respect to the shares held by James E. Douglas, III and the Douglas Family Trust.

(3)   Calculated based on 11,491,988 shares of Rural Cellular Corporation’s Class A Common Stock outstanding as of November 3, 2003, as reported in its quarterly report on Form 10-Q for the quarter ended September 30, 2003 and filed with the Securities and Exchange Commission on November 14, 2003.

Page 2 of 11


 

             
13G
(Amendment No. 2)
CUSIP No. 781904107

  1. Name of Reporting Person:
James E. Douglas, III
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group:
    (a) o  
    (b) x  Joint Filing (see Item 4 hereof)

  3. SEC Use Only:

  4. Citizenship or Place of Organization:
United States

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power:
166,510

6. Shared Voting Power:
-0-

7. Sole Dispositive Power:
-0-

8.Shared Dispositive Power:
166,510

  9.Aggregate Amount Beneficially Owned by Each Reporting Person:
1,619,000

  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
o

  11.Percent of Class Represented by Amount in Row (9):
13.4%(1)

  12.Type of Reporting Person:
IN

(1)   Calculated based on 11,491,988 shares of Rural Cellular Corporation’s Class A Common Stock outstanding as of November 3, 2003, as reported in its quarterly report on Form 10-Q for the quarter ended September 30, 2003 and filed with the Securities and Exchange Commission on November 14, 2003.

Page 3 of 11


 

             
13G
(Amendment No. 2)
CUSIP No. 781904107

  1. Name of Reporting Person:
Estate of Cynthia Douglas (1)
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group:
    (a) o  
    (b) x  Joint Filing (see Item 4 hereof)

  3. SEC Use Only:

  4. Citizenship or Place of Organization:
United States

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power:
165,000

6. Shared Voting Power:
-0-

7. Sole Dispositive Power:
165,000

8.Shared Dispositive Power:
-0-

  9.Aggregate Amount Beneficially Owned by Each Reporting Person:
1,619,000

  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
o

  11.Percent of Class Represented by Amount in Row (9):
13.4%(2)

  12.Type of Reporting Person:
OO

(1)   Kevin Douglas is the administrator of the Estate of Cynthia Douglas.

(2)   Calculated based on 11,491,988 shares of Rural Cellular Corporation’s Class A Common Stock outstanding as of November 3, 2003, as reported in its quarterly report on Form 10-Q for the quarter ended September 30, 2003 and filed with the Securities and Exchange Commission on November 14, 2003.

Page 4 of 11


 

             
13G
(Amendment No. 2)
CUSIP No. 781904107

  1. Name of Reporting Person:
Douglas Family Trust (1)
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group:
    (a) o  
    (b) x  Joint Filing (see Item 4 hereof)

  3. SEC Use Only:

  4. Citizenship or Place of Organization:
California

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power:
376,905

6. Shared Voting Power:
-0-

7. Sole Dispositive Power:
-0-

8.Shared Dispositive Power:
376,905

  9.Aggregate Amount Beneficially Owned by Each Reporting Person:
1,619,000

  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
o

  11.Percent of Class Represented by Amount in Row (9):
13.4%(2)

  12.Type of Reporting Person:
OO

(1)   James E. Douglas, Jr. and Jean A. Douglas, husband and wife, are co-trustees.

(2)   Calculated based on 11,491,988 shares of Rural Cellular Corporation’s Class A Common Stock outstanding as of November 3, 2003, as reported in its quarterly report on Form 10-Q for the quarter ended September 30, 2003 and filed with the Securities and Exchange Commission on November 14, 2003.

Page 5 of 11


 

             
13G
(Amendment No. 2)
CUSIP No. 781904107

  1. Name of Reporting Person:
James Douglas and Jean Douglas Irrevocable Descendants' Trust (1)
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group:
    (a) o  
    (b) x  Joint Filing (see Item 4 hereof)

  3. SEC Use Only:

  4. Citizenship or Place of Organization:
California

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power:
-0-

6. Shared Voting Power:
372,300

7. Sole Dispositive Power:
-0-

8.Shared Dispositive Power:
372,300

  9.Aggregate Amount Beneficially Owned by Each Reporting Person:
1,619,000

  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
o

  11.Percent of Class Represented by Amount in Row (9):
13.4%(2)

  12.Type of Reporting Person:
OO

(1)   Kevin Douglas and Michelle Douglas, husband and wife, are co-trustees.

(2)   Calculated based on 11,491,988 shares of Rural Cellular Corporation’s Class A Common Stock outstanding as of November 3, 2003, as reported in its quarterly report on Form 10-Q for the quarter ended September 30, 2003 and filed with the Securities and Exchange Commission on November 14, 2003.

Page 6 of 11


 

         
Item 1.        
    (a)   Name of Issuer:
        Rural Cellular Corporation
 
    (b)   Address of Issuer’s Principal Executive Offices:
        3905 Dakota Street SW
Alexandria, Minnesota 56308
 
Item 2.        
    (1)(a)   NAME OF PERSONS FILING:
        Kevin Douglas
James E. Douglas, III
 
    (b)   ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
        1101 Fifth Avenue, Suite 360
San Rafael, California 94901
 
    (c)   CITIZENSHIP:
        United States
 
    (d)   TITLE OF CLASS OF SECURITIES:
        Class A Common Stock
 
    (e)   CUSIP NUMBER:
        781904107
 
    (2)(a)   NAME OF PERSONS FILING:
        Douglas Family Trust
James Douglas and Jean Douglas Irrevocable Descendants’ Trust
Estate of Cynthia Douglas
 
    (b)   ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
        1101 Fifth Avenue, Suite 360
San Rafael, California 94901
 
    (c)   CITIZENSHIP:
        California
 
    (d)   TITLE OF CLASS OF SECURITIES:
        Class A Common Stock
 
    (e)   CUSIP NUMBER:
        781904107

Page 7 of 11


 

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:

         
(a)   o   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o)
 
(b)   o   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c)
 
(c)   o   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c)
 
(d)   o   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8)
 
(e)   o   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
(f)   o   An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
(g)   o   A parent holding company or control person in accordance with §240.13d- 1(b)(1)(ii)(G);
 
(h)   o   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
(i)   o   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
(j)   o   Group, in accordance with §240.13d-1(b)(1)(ii)(J)
 
Not Applicable.

Page 8 of 11


 

Item 4. Ownership

     Reference is made to Rows 5-9 and 11 of each of the cover pages of this Schedule 13G, which Rows are incorporated by reference herein. According to Rural Cellular Corporation’s quarterly report on Form 10-Q for the quarter ended September 30, 2003, as filed with the Securities and Exchange Commission on November 14, 2003, there were 11,491,988 shares of its Class A Common Stock outstanding as of November 3, 2003. As of the date of filing of this Schedule 13G, the following Reporting Persons hold directly the following number of shares of Rural Cellular Corporation’s Class A Common Stock:

         
    CLASS A COMMON STOCK
REPORTING PERSON   DIRECTLY HELD

 
Kevin Douglas (1)
    538,645  
James E. Douglas, III
    166,150  
Estate of Cynthia Douglas
    165,000  
Douglas Family Trust
    376,905  
James Douglas and Jean Douglas Irrevocable Descendants’ Trust
    372,300  
 
   
 
Total
    1,619,000  


(1)   As referenced above, Kevin Douglas and his wife, Michelle Douglas, hold 538,645 shares both directly and jointly.

     Each of the Reporting Persons may be deemed a member of a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or Rule 13d-5 promulgated under the Exchange Act with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a “group,” the filing of this Schedule 13G shall not be construed as an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such 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:o

Item 6.   Ownership of More Than Five Percent on Behalf of Another Person

     Not applicable.

Item 7.   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company

     Not applicable.

Page 9 of 11


 

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.

Page 10 of 11


 

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.

         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    Kevin Douglas
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    James E. Douglas, III
         
    ESTATE OF CYNTHIA DOUGLAS
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   Kevin Douglas
    Title:   Administrator
         
    DOUGLAS FAMILY TRUST
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   James E. Douglas, Jr.
    Title:   Trustee
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   Jean A. Douglas
    Title:   Trustee
         
    JAMES DOUGLAS AND JEAN DOUGLAS IRREVOCABLE DESCENDANTS’ TRUST
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   Kevin Douglas
    Title:   Trustee
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   Michelle Douglas
    Title:   Trustee

Page 11 of 11


 

EXHIBIT A

JOINT FILING AGREEMENT

     This Joint Filing Agreement (this “Agreement”) hereby confirms the agreement by and among all of the undersigned that the Schedule 13G to which this Agreement is attached as Exhibit A with respect to the beneficial ownership of the undersigned of shares of Rural Cellular Corporation’s Class A Common Stock, $0.01 par value per share, is being filed on behalf of each of the undersigned. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
Kevin Douglas
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
James E. Douglas, III
         
    ESTATE OF CYNTHIA DOUGLAS
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   Kevin Douglas
    Title:   Administrator
         
    DOUGLAS FAMILY TRUST
 
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   James E. Douglas, Jr.
    Title:   Trustee
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   Jean A. Douglas
    Title:   Trustee
         
    JAMES DOUGLAS AND JEAN DOUGLAS IRREVOCABLE DESCENDANTS’ TRUST
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   Kevin Douglas
    Title:   Trustee
         
Date: February 11, 2004   /s/ Tim McGaw, Attorney-in-Fact
   
    By:   Michelle Douglas
    Title:   Trustee

A-1 EX-24 3 v96458a2exv24.htm EXHIBIT 24 exv24

 

EXHIBIT 24

LIMITED POWER OF ATTORNEY FOR

SECTION 13(d) REPORTING OBLIGATIONS

     The undersigned hereby make, constitute and appoint each of Tim McGaw, Eileen Davis and Kevin Douglas, acting either individually or together, as the undersigneds’ true and lawful attorney-in-fact, with full power and authority as hereinafter described on behalf of and in the name, place and stead of the undersigned to:

     (1) prepare, execute, acknowledge, deliver and file Schedules 13D and 13G (including any amendments thereto) with respect to the securities of Rural Cellular Corporation, a Minnesota corporation (the “Company”), with the U. S. Securities and Exchange Commission, any national securities exchanges and the Company, as considered necessary or advisable under Section 13(d) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder (including, without limitation, Regulation 13D-G), as may be amended from time to time (the “Exchange Act”);

     (2) seek or obtain, as the undersigneds’ representative and on the undersigneds’ behalf, information on transactions in the Company’s securities from any third party, including brokers, employee benefit plan administrators and trustees, in connection with the foregoing, and the undersigned hereby authorize any such person to release any such information to any of the attorneys-in-fact and approve and ratify any such release of information; and

     (3) perform any and all other acts which in the discretion of such attorney-in-fact are necessary or desirable for and on behalf of the undersigned in connection with the foregoing.

     The undersigned acknowledge that:

     (1) this Limited Power of Attorney authorizes, but does not require, each such attorney-in-fact to act in his or her discretion on information provided to such attorney-in-fact without independent verification of such information;

     (2) any documents prepared and/or executed by any such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney will be in such form and will contain such information and disclosure as such attorney-in-fact, in his or her discretion, deems necessary or desirable;

     (3) none of such attorneys-in-fact assumes (i) any liability for the undersigneds’ responsibility to comply with the requirements of the Exchange Act, or (ii) any liability of the undersigned for any failure to comply with such requirements; and

     (4) this Limited Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigneds’ obligations under the Exchange Act, including without limitation the reporting requirements under Section 13(d) of the Exchange Act and Regulation 13D-G promulgated thereunder.

     The undersigned hereby gives and grants each of the foregoing attorneys-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary, appropriate or desirable to be done in and about the foregoing matters as fully to all intents and purposes as the undersigned might or could do if present, hereby ratifying all that each such attorney-in-fact of, for and on behalf of the undersigned, shall lawfully do or cause to be done by virtue of this Limited Power of Attorney.

     This Limited Power of Attorney shall remain in full force and effect until the undersigned are no longer required to file Schedules 13D or 13G with respect to the undersigneds’ holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to each such attorney-in-fact.

 


 

     The undersigned have caused this Limited Power of Attorney to be executed as of this 18th day of March, 2003.

     
    /s/ James E. Douglas, III
   
    James E. Douglas, III
     
    /s/ Kevin Douglas
   
    Kevin Douglas
     
    ESTATE OF CYNTHIA DOUGLAS
     
    /s/ Kevin Douglas
   
    Kevin Douglas, as personal representative of the Estate of Cynthia Douglas
     
    JAMES DOUGLAS AND JEAN DOUGLAS IRREVOCABLE DESCENDANTS’ TRUST
     
    /s/ Michelle M. Douglas
   
    Michelle Douglas, as co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants’ Trust
     
    /s/ Kevin Douglas
   
    Kevin Douglas, as co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants’ Trust
     
    DOUGLAS FAMILY TRUST
     
    /s/ James E. Douglas, Jr.
   
    James E. Douglas, Jr., as co-trustee of the Douglas Family Trust
     
    /s/ Jean A. Douglas
   
    Jean A. Douglas, as co-trustee of the Douglas Family Trust

-2-

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