-----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, AIL8gFajykbuExHUT8IfE+1a/08UwPBQwLZAzml4J4HM5x1RpYbzGG06WL5OfskM K4y1DxcrMTlP7jnle7qzHQ== 0000890566-99-000186.txt : 19990215 0000890566-99-000186.hdr.sgml : 19990215 ACCESSION NUMBER: 0000890566-99-000186 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GUARANTY BANCSHARES INC /TX/ CENTRAL INDEX KEY: 0001058867 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 751656431 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-55603 FILM NUMBER: 99536387 BUSINESS ADDRESS: STREET 1: P O BOX 1158 CITY: MT PLEASANT STATE: TX ZIP: 75456 BUSINESS PHONE: 9035729881 MAIL ADDRESS: STREET 1: PO BOX 1158 CITY: MT PLEASANT STATE: TX ZIP: 75456 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GUARANTY BANCSHARES INC EMPLOYEE STK OWNERSHIP PLAN CENTRAL INDEX KEY: 0001079557 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 751656431 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 100 WEST ARKANSAS CITY: MOUNT PLEASANT STATE: TX ZIP: 75455 BUSINESS PHONE: 9035729881 SC 13G 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ...)* GUARANTY BANCSHARES, INC. (Name of Issuer) COMMON STOCK $1.00 PAR VALUE PER SHARE (Title of Class of Securities) 400764 10 6 (CUSIP Number) *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). CUSIP NO. 400764 10 6 13G Page 2 of 6 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON GUARANTY BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN (WITH 401(K) PROVISIONS) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [ ] NONE (B) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS 5 SOLE VOTING POWER NUMBER OF SHARES 407,514 BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING 0 PERSON 7 SOLE DISPOSITIVE POWER WITH 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 407,514 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.6% 12 TYPE OF REPORTING PERSON* IN Page 2 of 6 ITEM 1(A) Name of issuer: The name of the issuer is Guaranty Bancshares, Inc. ("Bancshares"). ITEM 1(B) Address of issuer's principal executive offices: The principal executive office of Bancshares is 100 W. Arkansas, Mount Pleasant, Texas 75455. ITEM 2(A) Name of person filing: The reporting person is the Guaranty Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) provisions) ("Plan"). ITEM 2(B) Address or principal business office or, if none, residence: The address of the Plan is 100 W. Arkansas, Mount Pleasant, Texas 75455. ITEM 2(C) Citizenship: The Plan is organized under the laws of the State of Texas. ITEM 2(D) Title of class of securities: The class of securities of Bancshares owned beneficially by the Plan is common stock, $1.00 par value (the "Common Stock"). ITEM 2(E) CUSIP Number: 400764 10 6 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) |_| Broker or dealer registered under Section 15 of the Act. (b) |_| Bank as defined in Section 3(a)(6) of the Act. (c) |_| Insurance Company as defined in Section 3(a)(19) of the Act. Page 3 of 6 (d) |_| Investment Company registered under Section 8 of the Investment Company Act. (e) |_| Investment Adviser registered under Section 203 of the Investment Advisers Act. (f) |X| Employee benefit plan, pension fund which is subject to the provisions of the Employment Retirement Income Security Act of 1974 or Endowment Fund; see ss. 240.13d-1(b)(1)(ii)(F). (g) |_| Parent holding company or control person in accordance with ss. 240.13d- 1(b)(1)(ii)(G). (h) |_| A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act. (i) |_| A 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 ss. 240.13-d1(b)(1)(ii)(J). ITEM 4 Ownership: (a) The amount of securities beneficially owned by the Plan is 407,514 shares of Common Stock. (b) The percent of the class of Common Stock beneficially owned by the Plan is 14.1%. (c) The Plan has the sole power to vote or to direct the vote of 407,514 shares of the Common Stock and no power to dispose or to direct the disposition of the shares of the Common Stock. ITEM 5 Ownership of 5 Percent or Less of a Class: Not applicable ITEM 6 Ownership of More than 5 Percent on Behalf of Another Person: The securities beneficially owned by the Plan are owned for the benefit of employees of Bancshares who participate in the Plan. Such employees have the right to receive or the power to direct the receipt of dividends, or the proceeds from the sale of such securities. Page 4 of 6 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 Certification: Not applicable Page 5 of 6 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. FEBRUARY 11, 1999 (Date) Guaranty Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) provisions) /s/ CLIFTON A. PAYNE By: CLIFTON A. PAYNE Title: TRUSTEE Page 6 of 6 -----END PRIVACY-ENHANCED MESSAGE-----