-----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, CDH74kgbrZeLuV14KDtXAFUUbEWRyNNeeKi8u/nGI+XbVDb1luXWticjrSMbRFdZ Avquw4nd3VhQFbO8l+HzsQ== 0000950144-99-002997.txt : 19990325 0000950144-99-002997.hdr.sgml : 19990325 ACCESSION NUMBER: 0000950144-99-002997 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990323 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: YOUTH SERVICES INTERNATIONAL INC CENTRAL INDEX KEY: 0000876726 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-CHILD DAY CARE SERVICES [8351] IRS NUMBER: 521715690 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-46193 FILM NUMBER: 99570378 BUSINESS ADDRESS: STREET 1: 2 PARK CENTER CT STREET 2: STE 200 CITY: OWINGS MILLS STATE: MD ZIP: 21117 BUSINESS PHONE: 4103568600 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MAY JACOB CENTRAL INDEX KEY: 0001064225 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1900 CHURCH ST STREET 2: STE 400 CITY: NASHVILLE STATE: TN ZIP: 37203 BUSINESS PHONE: 6153209800 MAIL ADDRESS: STREET 1: 1900 CHURCH ST STREET 2: STE 400 CITY: NASHVILLE STATE: TN ZIP: 37203 SC 13D/A 1 YOUTH SERVICES INTERNATIONAL INC 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5) YOUTH SERVICES INTERNATIONAL, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 987816 10 5 (CUSIP Number) Parker W. Duncan, Esq. Wyatt, Tarrant & Combs Suite 1500 511 Union Street Nashville, TN 37219 (615) 244-0020 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 9, 1999 (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box.[ ] Check the following box if a fee is being paid with this statement. [ ] 2 CUSIP NO. - 987816 10 5 (1) Name of reporting person.........................................Jacob May S.S. No. of above person...................................SSN ###-##-#### (2) Check the appropriate box if a member of a group (see instructions).....................................................(a) (b) X (3) SEC use only................ (4) Source of funds (see instructions).....................................PF (5) Check box if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)....................................................N/A (6) Citizenship or place of organization.......................................................USA Number of shares beneficially owned by each reporting person with: (7) Sole voting power.........................................1,826,300 (8) Shared voting power...............................................0 (9) Sole dispositive power....................................1,826,300 (10) Shared dispositive power..........................................0 (11) Aggregate amount beneficially owned by each reporting person..................................1,826,300 (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)...............................................16.1% (14) Type of reporting person,..............................................IN
2 3 The purpose of this amendment is to report the purchase of additional shares of the Issuer's Common Stock by the reporting person and to correct a prior amendment. Items 3, 4 and 5 are amended by adding thereto the following information: Item 3. Sources and Amount of Funds or Other Consideration The reporting person has used $73,140 of personal funds to purchase the additional shares of the Issuer's Common Stock that is the subject of this Amendment No. 5 statement. Item 4. Purpose of Transaction On March 9, 1999, the reporting person purchased 30,000 shares of the Common Stock of the Issuer for $2.438 per share. The reporting person has purchased the Common Stock of the Issuer for investment purposes only. The reporting person has no present plan or proposal which relates to or would result in: (i) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer, other than for investment purposes, (ii) an extraordinary corporate transaction, such as a merger, reorganization or liquidation involving the Issuer or any of its subsidiaries, (iii) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries, (iv) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board, (v) any material change in the present capitalization or dividend policy of the Issuer, (vi) any other material change in the Issuer's business or corporate structure, (vii) changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person, (viii) causing a class of securities of the Issuer to be delisted from a national securities exchange or cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association, (ix) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, or (x) any action similar to any of those enumerated above. Notwithstanding any of the preceding statements to the contrary, the reporting person has determined that he will vote against the Plan of Merger among Correctional Services Corporation ("CSC"), Palm Merger Corp. and 3 4 the Issuer. The reporting person decided to vote for approval of the Plan of Merger until the exchange ratio was reduced from .375 of a share of CSC for each share of Common Stock of the Issuer to .275 of a share of CSC stock for each share of Common Stock of the Issuer (approximately a 35% reduction). Item 5. Interest in Securities of the Issuer a. and b. Beneficial Interest: Jacob May i. Owned 1,826,300 16.1% ii. Sole Voting Power 1,826,300 16.1% Shared Voting Power 0 0.0% Sole Dispositive Power 1,826,300 16.1% Shared Dispositive Power 0 0.0% 4 5 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: March 18, 1999 /s/ Jacob May ----------------------------- Jacob May 5 -----END PRIVACY-ENHANCED MESSAGE-----