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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
STAFF LEASING, INC.
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(NAME OF ISSUER)
COMMON STOCK, $.01 PAR VALUE
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(TITLE OF CLASS OF SECURITIES)
852381 10 2
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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.
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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).
13G PAGE 2
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1 NAME OF REPORTING PERSON
CHARLES S. CRAIG
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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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 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF 3,225,839
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
1,504,794
OWNED BY
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 3,225,839
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,504,794
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,730,183
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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
21.4%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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ITEM 1(A) NAME OF ISSUER:
STAFF LEASING, INC.
ITEM 1(B) ADDRESS OF THE ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
600 301 Boulevard West, Suite 202, Bradenton, FL 34205
ITEM 2(A) NAME OF PERSON FILING:
This statement is filed on behalf of Charles S. Craig, an
individual.
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal business office of the Reporting
Person is 600 301 Boulevard West, Suite 202, Bradenton, FL
34205.
ITEM 2(C) CITIZENSHIP:
The Reporting Person is a United States citizen.
ITEM 2(D) TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 par value ("Shares").
ITEM 2(E) CUSIP NUMBER:
852381 10 2
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
ITEM 4. OWNERSHIP:
ITEM 4(A) AMOUNT BENEFICIALLY OWNED:
Mr. Craig's SEP Plan holds 1,346 Shares and his rollover IRA
holds 2,739 Shares. C.S. Craig Family Limited Partnership
owns 3,059,501 Shares. The sole general partner of the
partnership is Craig Family Holdings, LLC, of which Mr. Craig
is the sole member. Each of two trusts for the benefit of his
two minor children owns 752,397 Shares (aggregate of
1,504,794 Shares). Mr. Craig is one of two trustees of the
trusts; the trustees share voting and dispositive power over
the Shares held by the trusts. C.S. Craig Family Foundation,
Inc., of which Mr. Craig is president, holds 156,178 Shares.
Mr. Craig has the right to acquire 5,625 Shares through
currently exercisable employee stock options.
ITEM 4(B) PERCENT OF CLASS:
21.4%
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ITEM 4(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or to direct the vote:
3,225,839 (See Item 4(a))
(ii) shared power to vote or to direct the vote:
1,504,794 (See Item 4(a))
(iii) sole power to dispose or to direct the disposition of:
3,225,839 (See Item 4(a))
(iv) shared power to dispose or to direct the disposition of:
1,504,794 (See Item 4(a))
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON:
Not applicable.
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:
Not applicable.
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is
true, complete and correct.
Date: February 12, 1998
By: /s/ Charles S. Craig
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Charles S. Craig
