SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. __)*
ACADIANA BANCSHARES, INC.
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(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE PER SHARE
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(Title of Class of Securities)
004280 10 3
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(CUSIP Number)
Gerald G. Reaux, Jr.
Acadiana Bancshares, Inc.
101 West Vermilion Street
Lafayette, Louisiana 70501
(337) 232-4631
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(Name, Address, Telephone Number of Persons Authorized to Receive Notices and
Communications)
January 22, 2000
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(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 Rule Sections 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 Rule 13d-7(b) for
other parties to whom copies are to be sent.
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 (the "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).
Page 1 of 6 Pages
CUSIP No. 004280 10 3 13D Page 2 of 6 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Gerald G. Reaux, Jr.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
PF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7. SOLE VOTING POWER
76.546
NUMBER OF SHARES ------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY EACH
REPORTING PERSON 8,197
WITH ------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
76.546
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10. SHARED DISPOSITIVE POWER
8,197
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
84,743
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.0%
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14. TYPE OF REPORTING PERSON*
IN
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CUSIP No. 004280 10 3 13D Page 3 of 6 Pages
ITEM 1. SECURITY AND ISSUER.
The securities as to which this Schedule 13D ("Schedule") relates are
the shares of common stock, $.01 par value per share ("Common Stock"), of
Acadiana BancShares, Inc. (the "Issuer"). The address of the Issuer's
principal executive office is 101 West Vermilion Street, Lafayette,
Louisiana 70501.
ITEM 2. IDENTITY AND BACKGROUND.
(a) Gerald G. Reaux, Jr. ("Reporting Person").
(b) The Reporting Person's business address is the Issuer's
principal executive office, 101 West Vermilion Street, Lafayette, Louisiana
70501.
(c) The Reporting Person is the President and Chief Executive
Officer of the Issuer and a member of the Board of Directors of the Issuers.
The Issuer's name and address are as provided in Item 1.
(d) The Reporting Person has not, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) The Reporting Person has not, during the last five years, been a
party to a civil proceeding of a judicial or administrative body of
competent jurisdiction as a result of which he was or is 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 a finding of any violation with respect to such laws.
(f) The Reporting Person is a United States citizen.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Reporting Person beneficially owns 9,614 shares of Common Stock
granted pursuant to the Recognition and Retention Plan ("RRP"), which are
held in the RRP Trust; 25,964 shares of Common Stock held directly; and
5,202 shares of Common Stock granted pursuant to the Issuer's Employee Stock
Ownership Plan ("ESOP"). The Reporting Person acquired beneficial ownership
of 2,245 shares through his retirement plan. The Reporting Person also has
been granted options to purchase an aggregate of 40,968 shares of Common
Stock pursuant to the Issuer's stock option plan which may be exercised
within 60 days of the date hereof and which are deemed to be outstanding for
the purpose of computing the percentage of shares of Common Stock owned by
the Reporting Person. The Reporting Person's spouse owns 750 shares of
Common Stock in her Individual
CUSIP No. 004280 10 3 13D Page 4 of 6 Pages
Retirement Account which may be considered to be beneficially owned by the
Reporting Person. All purchases by the Reporting Person were made with
personal funds.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Person is presently a Director and the President and
Chief Executive Officer of the Issuer. The Reporting Person intends to
continue to participate in the management and operations of the Issuer. The
Reporting Person believes that the shares of Common Stock are an attractive
investment and purchased the shares of Common Stock for investment purposes
and not for the purpose of influencing the management of the Issuer or
exercising control. The Reporting Person does not intend to obtain control
of the Issuer.
The Reporting Person has been informed that in order to acquire 10% or
more of the Issuer's shares of Common Stock certain governmental approvals
may be required. The Reporting Person does not currently intend to acquire
or offer to acquire 10% or more of the Issuer's shares of Common Stock which
would require him to apply for such approvals. However, any determination
to purchase additional shares of Common Stock will depend upon a number of
factors, including market prices, the Issuer's prospects and alternative
investments. Similarly, the Reporting Person may determine to sell all or a
portion of his shares of Common Stock at any time.
The Reporting Person currently has no plans or proposals (excluding
action which may be taken or proposed to be taken by the Board of Directors
of which the Reporting Person is a member) which relate to or would result
in (a) the acquisition by any person of additional securities of the Issuer
or the disposition of securities of the Issuer; (b) an extraordinary
corporate transaction, such as a merger, reorganization or liquidation,
involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a
material amount of assets of the Issuer or any of its subsidiaries; (d) 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; (e) any material change in
the present capitalization or dividend policy of the Issuer; (f) any other
material change in the Issuer's business or corporate structure; (g) 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; (h) causing a class of securities of the Issuer to be delisted
from a national securities exchange or to cease to be authorized to be
quoted in an inter-dealer quotation system of a registered national
securities association; (i) 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, as amended; or (j) any
action similar to any of those enumerated above.
CUSIP No. 004280 10 3 13D Page 5 of 6 Pages
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The Reporting Person beneficially owns 84,743 shares of Common
Stock which represents approximately 6.0% of the outstanding shares of
Common Stock. At the date hereof, 1,414,821 shares of Common Stock were
outstanding, not including outstanding options to purchase shares of Common
Stock as reported in the Issuer's Form 10-Q filed on November 14, 2000.
(b) The Reporting Person has sole voting and dispositive power with
respect to 76,546 shares of Common Stock which includes 9,614 shares held in
the RRP Trust which may be voted by him and 40,968 shares of Common Stock
which may be purchased upon the exercise of stock options. The Reporting
Person has shared voting and dispositive power with respect to 750 shares of
Common Stock held by his spouse; 5,202 shares of Common Stock held in the
ESOP; and 2,245 shares of Common Stock held in his retirement plan.
(c) The Reporting Person had no other transactions in the Issuer's
securities during the last 60 days.
(d) Not Applicable.
(e) Not Applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
The Reporting Person is not a party to any contract, arrangement,
understanding or relationship (legal or otherwise) with respect to any
securities of the Issuer, other than agreements evidencing outstanding stock
options and restricted stock grants. The Reporting Person is a Director of
the Issuer and has in the past and intends in the future to exercise his
vote and to serve the Issuer as a Director in an independent manner, and to
vote his shares of Common Stock individually and not pursuant to any
understanding, arrangement or agreement with any other persons.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Not applicable.
CUSIP No. 004280 10 3 13D Page 6 of 6 Pages
Signatures
After reasonable inquiry and to the best of the knowledge and belief
of the undersigned, the undersigned certifies that the information set forth
in this Statement on Schedule 13D is true, complete and correct.
/s/ Gerald G. Reaux, Jr.
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Gerald G. Reaux, Jr.
Date: December 27, 2000
