UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
SIERRACITIES.COM INC.
(Name of Issuer)
Common Stock, $0.01 Par Value
(Title of Class of Securities)
335944104
(CUSIP Number)
December 27, 2000
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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).
Page 1 of 6 Pages
<PAGE>
CUSIP No. 335944104 Schedule 13G Page 2 of 6 Pages
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Item 1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Virgil Pettigrew
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
647,000
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 483,100
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EACH
7 SOLE DISPOSITIVE POWER
REPORTING
647,000
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PERSON WITH
8 SHARED DISPOSITIVE POWER
483,100
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,130,100
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.9%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 335944104 Schedule 13G Page 3 of 6 Pages
Item 1.
(a) Name of Issuer:
--------------
SierraCities.com Inc.
(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
600 Travis Street, Suite 7050
Houston, Texas 77002
Item 2.
(a) Name of Person Filing:
---------------------
Virgil Pettigrew
(b) Address of Principal Business Office or, if none, Residence:
-----------------------------------------------------------
2000 East Lamar Boulevard, Suite 150
Arlington, Texas 76006
(c) Citizenship:
-----------
Mr. Pettigrew is a United States citizen
(d) Title of Class of Securities:
----------------------------
Common Stock, $0.01 par value
(e) CUSIP No.:
---------
335944104
Item 3. If this statement is filed pursuant toss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
Not Applicable.
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CUSIP No. 335944104 Schedule 13G Page 4 of 6 Pages
Item 4. Ownership
(a) Amount Beneficially Owned:
-------------------------
1,130,100*
(b) Percent of Class:
----------------
5.9%
(c) Number of shares as to which the person has:
-------------------------------------------
(i) sole power to vote or to direct the vote:
647,000**
(ii) shared power to vote or to direct the vote:
483,100***
(iii) sole power to dispose or to direct the disposition
of:
647,000**
(iv) shared power to dispose or to direct the
disposition of:
483,100***
* The 1,130,100 shares beneficially owned by Mr. Pettigrew consist of (a)
50,000 shared owned directly by him individually; (b) 597,000 shares owned
by the Crown Hill Trust, of which Mr. Pettigrew is trustee (such number
does not include an aggregate of 27,000 shares of common stock owned
directly by the adult beneficiaries of the Crown Hill Trust); and (c)
483,100 shares owned by Crown Oaks Inc. Profit Sharing Plan. Crown Oaks
Inc. Profit Sharing Plan is indirectly owned by the Crown Hill Trust.
** By virtue of Crown Hill Trust's ownership of Crown Oaks Inc. Profit Sharing
Plan, Mr. Pettigrew shares voting and dispositive power with Crown Oaks
Inc. Profit Sharing Plan over 483,100 shares owned by Crown Oaks Inc.
Profit Sharing Plan.
*** Mr. Pettigrew has sole voting and dispositive power over 50,000 shares that
he directly owns and retains voting and dispositive power over an
additional 597,000 shares owned by the Crown Hill Trust, of which he is
trustee. The 597,000 shares owned by the Crown Hill Trust do not include an
aggregate of 27,000 shares owned directly by the adult beneficiaries of the
Crown Hill Trust.
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CUSIP No. 335944104 Schedule 13G Page 5 of 6 Pages
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person
The trustee of Crown Oaks Inc. Profit Sharing Plan (with Crown Oaks Inc. Profit
Sharing Plan being indirectly controlled by the Crown Hill Trust, of which Mr.
Pettigrew is trustee), shares the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, 483,100 shares.
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
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
<PAGE>
CUSIP No. 335944104 Schedule 13G Page 6 of 6 Pages
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.
Dated: January 5, 2001
/s/ Virgil Pettigrew
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Virgil Pettigrew
