-----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, JjoF8S+/eQKOGsOIGGlrxq43igCtlf3aMpVT953NKqWqUOOWMcTN91Te8/0Bri7W TbYsYM3jn4UqlHd6wu0rPQ== 0000919805-02-000021.txt : 20020701 0000919805-02-000021.hdr.sgml : 20020701 20020701102220 ACCESSION NUMBER: 0000919805-02-000021 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020701 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COASTAL BANCORP INC CENTRAL INDEX KEY: 0000919805 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 760428727 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-43739 FILM NUMBER: 02692755 BUSINESS ADDRESS: STREET 1: 5718 WESTHEIMER STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77057 BUSINESS PHONE: 7134355000 MAIL ADDRESS: STREET 1: 5718 WESTHEIMER STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77057 FORMER COMPANY: FORMER CONFORMED NAME: COASTAL BANCORP INC/TX/ DATE OF NAME CHANGE: 19940718 FORMER COMPANY: FORMER CONFORMED NAME: COASTAL BANC SAVINGS ASSOCIATION DATE OF NAME CHANGE: 19970110 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COASTAL BANCORP INC CENTRAL INDEX KEY: 0000919805 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 760428727 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 5718 WESTHEIMER STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77057 BUSINESS PHONE: 7134355000 MAIL ADDRESS: STREET 1: 5718 WESTHEIMER STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77057 FORMER COMPANY: FORMER CONFORMED NAME: COASTAL BANCORP INC/TX/ DATE OF NAME CHANGE: 19940718 FORMER COMPANY: FORMER CONFORMED NAME: COASTAL BANC SAVINGS ASSOCIATION DATE OF NAME CHANGE: 19970110 SC 13D 1 doc1.txt ------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0145 Expires: October 31, 2002 Estimated average burden hours per response 14.90 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* COASTAL BANCORP, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 19041P105 - -------------------------------------------------------------------------------- (CUSIP Number) JAMES C. NIVER 203 HERITAGE OAKS HOUSTON, TEXAS 77024 (713) 783-3423 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JUNE 19, 2002 - -------------------------------------------------------------------------------- (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 ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-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 ss. 240.13d-7(b) for other parties to whom copies are to be sent. * 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). POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. Page 2 of 4 Pages 1. JAMES C. NIVER ---------------- Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). 2. N/A ----- Check the Appropriate Box If a Member of a Group (See Instructions) (a) [_] (b) [_] N/A 3. SEC Use Only 4. Source of Funds (See Instructions) 5. Check If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] 6. U.S. CITIZEN ------------- Citizenship or Place of Organization 7. Sole Voting Power NUMBER OF 53,428 SHARES BENEFICIALLY 8. Shared Voting Power OWNED BY 0 EACH REPORTING 9. Sole Dispositive Power PERSON 53,428 WITH 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 53,428 12. Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] N/A 13. Percent of Class Represented by Amount in Row (11) 1.00% 14. Type of Reporting Person (See Instructions) ________________________________________________________________________________ Page 3 of 4 Pages ITEM 1. SECURITY AND ISSUER This statement on Schedule 13D relates to the Common Stock of Coastal Bancorp, Inc., and is being filed pursuant to Rule 13d-1 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The address of the principal executive offices of Coastal Bancorp, Inc. is 5718 Westheimer, Suite 600, Houston, Texas 77057-5745. ITEM 2. IDENTITY AND BACKGROUND (a) This statement is filed by James C. Niver. (b) The address of residence is 203 Heritage Oaks, Houston, TX 77024. (c) James C. Niver is presently Retired. (d) James C. Niver has not, during the last five years, been convicted in a criminal proceeding. (e) James C. Niver has not, during the last five years been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and is not 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 C. Niver is a U.S. Citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION NOT APPLICABLE ITEM 4. PURPOSE OF TRANSACTION (a) Disposition of 500,000 shares. (b) After disposition 1.0%. (c) Sold 500,000 shares. (d) Mr. Niver to retire from Board effective June 30, 2002. (e) N/A (f) N/A (g) N/A (h) N/A (i) N/A (j) N/A ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Amount beneficially owned: 53,428 (b) (i) Sole power to vote or to direct the vote: 53,428 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 53,428 (iv) Shared power to dispose or to direct the disposal of: 0 (c) James C. Niver, an original shareholder and Director, sold 500,000 shares of common stock to the Company on June 19, 2002. The share repurchase was disclosed via Form 8K on April 26, 2002. Mr. Niver currently owns 58,428 shares of common stock. He has retired from the Board of Directors effective June 30, 2002. (d) N/A (e) June 19, 2002 Page 4 of 4 Pages ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON All securities reported in this schedule are owned by James C. Niver and wife Margerite. ITEM 7. EXHIBIT Stock Purchase Agreement between Coastal Bancorp, Inc. and James C. Niver dated April 23, 2002* _____________________ *Incorporated by reference from the Registration Statement on Form S-3 (File No. 333-87370) filed by Coastal Bancorp, Inc. with the SEC on May 1, 2002. 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: July 1, 2002 BY: s/s JAMES C. NIVER ----------------------- JAMES C. NIVER -----END PRIVACY-ENHANCED MESSAGE-----