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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)*
Prosperity Bancshares, Inc.
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(Name of Issuer)
Common Stock $1.00 Par Value Per Share
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(Title of Class of Securities)
743606 10 5
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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-1(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. 743606 10 5 13G Page 2 of 5 Pages
- --------------------------------------- -------------------------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DAVID ZALMAN
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(A) [ ]
NONE
(B) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
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5 SOLE VOTING POWER
412,434
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 412,434
WITH ------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
412,434
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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
7.9%
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12 TYPE OF REPORTING PERSON*
IN
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Page 2 of 5
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ITEM 1(a)
Name of issuer: The name of the issuer is Prosperity Bancshares, Inc.
("Bancshares").
ITEM 1(b)
Address of issuer's principal executive offices: 3040 Post Oak Boulevard,
Houston, Texas 77056
ITEM 2(a)
Name of person filing: The reporting person is David Zalman.
ITEM 2(b)
Address or principal business office or, if none, residence: The address of
David Zalman is 1301 N. Mechanic, El Campo, Texas 77437.
ITEM 2(c)
Citizenship: David Zalman is a citizen of the United States of America.
ITEM 2(d)
Title of class of securities: The class of securities of Bancshares owned
beneficially by David Zalman is common stock, $1.00 par value (the "Common
Stock").
ITEM 2(e)
CUSIP Number: 743606 10 5
ITEM 3
Not applicable
ITEM 4. OWNERSHIP.
(a) Amount of securities beneficially owned: 412,434 shares of Common
Stock. Such amount includes 6,400 shares held of record by Mr. Zalman
as custodian for his minor children and 45,400 shares deemed to be
beneficially owned by Mr. Zalman by virtue of his option to acquire
such shares within 60 days pursuant to an Amended and Restated
Incentive Stock Option Agreement between him and Bancshares.
(b) Percent of class: 7.9%.
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 412,434
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 412,434
(iv) Shared power to dispose or to direct the disposition of: 0
ITEM 5. OWNERSHIP OF 5 PERCENT OR LESS OF A CLASS.
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN 5 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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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.
February 11, 2000
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(Date)
/s/ David Zalman
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(Signature)
David Zalman
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(Name/Title)
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