SC 13D 1 schedule13d.htm SCHEDULE 13D Schedule 13D



 

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

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SCHEDULE 13D

Under the Securities and Exchange Act of 1934

(Amendment No.                 )*


The South Financial Group, Inc.

(Name of Issuer)


Common Stock, $ 1.00 Par Value

(Title of Class of Securities)


837841105

(CUSIP Number)


John S. McMullen

371 Channelside Walk Way #1901

Tampa, FL 33602-6776

(813) 273-9776

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


January 8, 2008

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  o


Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 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 (“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).



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CUSIP No.   837841105

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

John S. McMullen

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

3.

SEC Use Only

4.

Source of Funds (See Instructions)

PF

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

6.

Citizenship or Place of Organization

Tampa, Florida, U.S.A.

 

Number of Shares Beneficially by Owned by Each Reporting Person With

7.

Sole Voting Power

285,068

8.

Shared Voting Power

0

9.

Sole Dispositive Power

285,068

10.

Shared Dispositive Power

0

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

285,068

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

o

13.

Percent of Class Represented by Amount in Row (11)

0.383% (rounded 0.4%)

14.

Type of Reporting Person (See Instructions)

IN




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Item 1.  Security and Issuer

The class of equity security to which this statement relates is the common stock, par value $1.00 per share (the “Shares”), of The South Financial Group, Inc., a South Carolina corporation. The name and address of the principal executive offices of the Issuer are:

The South Financial Group, Inc.

102 South Main Street

Greenville, SC 29601

Item 2.  Identity and Background

This statement on Schedule 13D is being filed by:

(a)

Name: John S. McMullen

(b)

Address:

371 Channelside Walk Way #1901

Tampa, FL 33602-6776

(c)

Occupation: Not applicable

(d)

During the last five (5) years, John S. McMullen has not been convicted in a criminal proceeding.

(e)

During the last five (5) years, John S. McMullen has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in 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)

Citizenship: United States

Item 3.  Source and Amount of Funds or Other Consideration

Not applicable.

Item 4.  Purpose of Transaction

Not applicable.

Item 5.  Interest in the Securities of the Issuer

(a) (b)

The information contained on the cover pages of this Statement is incorporated herein by reference.  As of the date hereof, John S. McMullen has beneficial ownership (within the meaning of Rule 13-d-3 under the Exchange Act) and sole power to vote or direct the vote of 285,068 shares of Common Stock, which represents approximately 0.383%of the shares of Common Stock deemed issued and outstanding as of January 8, 2008.

(c)

Except as set forth or incorporated herein the Reporting Person has not effected any transaction in Common Stock during the past 60 days.

(d)

Not applicable.

(e)

Not applicable.

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

None.

Item 7.  Material to Be Filed as Exhibits

Exhibit A:  January 8, 2008 letter addressed to the Issuer’s Board of Directors.

Exhibit B:  July 30, 2007 letter addressed to the Issuer’s Board of Directors.



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SIGNATURES

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:  January 8, 2008

 

By:

/s/ John S. McMullen                   

John S. McMullen

 

 




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