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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)*
World Acceptance Corporation
(Name of Issuer)
Common Shares
(Title of Class of Securities)
981419104
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 4 pages
SEC 1745 (2/92)
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CUSIP No. 981419104 13G Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles D. Walters
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,931,741
BENEFICIALLY
OWNED BY 6 SHARED VOTING POWER
EACH 0
REPORTING
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,931,741
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,931,741
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
xx
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.1
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
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Page 3 of 4 pages
ITEM
A. World Acceptance Corporation
B. 108 Frederick Street
Greenville, South Carolina 29607
ITEM I.
A. Charles D. Walters
B. 108 Frederick Street
Greenville, South Carolina 29607
C. United States.
D. Common Shares.
E. 981419104.
ITEM II. 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 III. OWNERSHIP.
The following information is as of December 31, 1996:
A. 1,931,741 shares.(1)
B. 10.1%.
C. (i) 1,931,741 shares.(1)
(ii) 0 shares.
(iii) 1,931,741.(1)
(iv) 0 shares.
- --------
1 Includes 256,141 shares subject to options exercisable within 60 days of
December 31, 1996 and 400,000 shares held in a family limited partnership of
which Mr. Walters is the general partner. Pursuant to Rule 13d-4, the filing of
this statement shall not be construed as an admission that the reporting person
is, or was, for the purposes of Section 13(d) or 13(g) of the Securities
Exchange Act of 1934, the beneficial owner of any of these shares.
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Page 4 of 4 pages
ITEM IV. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
ITEM V. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not applicable.
ITEM VI. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY.
Not applicable.
ITEM VII. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP.
Not applicable.
ITEM VIII. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM IX. CERTIFICATION.
Not applicable.
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 10, 1997
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Date
/s/ Charles D. Walters
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Signature
Charles D. Walters
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