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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Peerless Group, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
705499 10 1
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(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).
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SCHEDULE 13G/A
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CUSIP No. 705499 10 1
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Rodney L. Armstrong, Jr.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Texas
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SOLE VOTING POWER
5
NUMBER OF 738,740
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
55,900
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 738,740
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
55,900
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
794,640
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
16.2%
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TYPE OF REPORTING PERSON*
12
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Item 4 of the Form 13G filed by the filing person with the Securities and
Exchange Commission on February 13, 1997 relating to the common stock of
Peerless Group, Inc. is hereby amended to read in its entirety as follows:
Item 4. Ownership
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(a) Amount beneficially owned: 794,640
(b) Percent of class: 16.2%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 738,740
(ii) Shared power to vote or to direct the vote: 55,900
(iii) Sole power to dispose or direct the disposition of: 738,740
(iv) Shared power to dispose or to direct the disposition of:
55,900
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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: February 12, 1998
/s/ Rodney L. Armstrong, Jr.
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Rodney L. Armstrong, Jr.