SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 1)
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)
December 31, 1999
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(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)
( ) Rule 13d-1(c)
( X ) Rule 13d-1(d)
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CUSIP No. 91032K 10 6 Page 2 of 3
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1 NAME OF REPORTING PERSON
Neil W. Savage
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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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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| 5 SOLE VOTING POWER
NUMBER OF | 220,500
SHARES | 6 SHARED VOTING POWER
BENEFICIALLY | 0
OWNED BY | 7 SOLE DISPOSITIVE POWER
EACH | 220,500
REPORTING | 8 SHARED DISPOSITIVE POWER
PERSON | 0
WITH |
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
220,500
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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*
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*SEE INSTRUCTIONS BEFORE FILLING OUT.
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CUSIP No. 91032K 10 6 Page 3 of 3
This Amendment No. 1 to Schedule 13G, as amended, is being filed on behalf of
Neil W. Savage (the "Reporting Person") relating to the common stock (the
"Common Stock") of United Financial Holdings, Inc., a Florida corporation (the
"Issuer"). The terms defined in the original Schedule 13G, as amended, shall
have the same meaning when used herein. This Amendment is being filed pursuant
to Rule 13d-2 of the General Rules and Regulations under the Securities and
Exchange Act of 1934 as amended. Only those items reported herein are amended.
All other items remain unchanged.
Item 4. Ownership
(a) Amount Beneficially Owned (describe): Of the 220,500 shares
reported pursuant to this Schedule 13G; 118,499 shares are
currently held in a trust for which the Reporting Person
serves as trustee; 102,000 shares subjected to options
currently exercisable; and 51 shares are owned indirectly
by the Reporting Person's self-directed IRA.
(b) Percent of Class: 5.3%, based on the 4,192,771
outstanding shares reported on the most recently filed
Form 10-Q filed November 15, 1999.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 220,500
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the
disposition of: 220,500
(iv) Shared power to dispose or to direct the
disposition of: 0
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 10, 2000
/s/ Neil W. Savage
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Signature
Neil W. Savage
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TPA1 #1014345 v1
