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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
United Financial Holdings, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
91032K 10 6
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(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-(c)
[X] 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.)
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CUSIP No. 91032K 10 6 13G PAGE 1 OF 3 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Neil W. Savage
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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
U.S.A.
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 220,047
OWNED BY
EACH
REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
0
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7 SOLE DISPOSITIVE POWER
220,047
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
220,047
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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
5.3%
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12 TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTIONS BEFORE FILLING OUT.
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CUSIP No. 91032K 10 6 13G PAGE 2 OF 3 PAGES
Item 1.
(a) Name of Issuer: United Financial Holdings, Inc.
(b) Address of Issuer's Principal Executive Offices:
333 Third Avenue North, St. Petersburg, FL 33701
Item 2.
(a) Name of Person Filing: Neil W. Savage
(b) Address of Principal Business Office or if None, Residence:
333 Third Avenue North, St. Petersburg, FL 33701
(c) Citizenship: United States of America
(d) Title of Class of Securities: Common Stock
(e) Cusip Number: 91032K 10 6
Item 3. Statements filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c): N/A
Item 4. Ownership
(a) Amount Beneficially Owned (describe): As of December 31, 1998,
the Reporting Person beneficially owned an aggregate of 220,047
shares of Common Stock of United Financial Holdings, Inc. The
220,047 shares included the following: (i) 102,000 shares that
may be acquired by the Reporting Person by the exercise of
options that are immediately exercisable, (ii) 51 shares held in
the Reporting Person's individual retirement account, and (iii)
117,996 shares held in a trust for which the Reporting Person
serves as trustee.
(b) Percent of Class: 5.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 220,047
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the
disposition of: 220,047
(iv) Shared power to dispose or to direct the
disposition of: 0
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CUSIP No. 91032K 10 6 13G PAGE 3 OF 3 PAGES
Item 5. Ownership of Five Percent or Less of a Class: N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company:
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification (see Rule 13d-1(b) and (c))
N/A
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: February 11, 1999
/s/ Neil W. Savage
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Neil W. Savage
