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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(RULE 13d-101)
Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and
Amendments Thereto Filed Pursuant to Rule 13d-2(a)
(Amendment No. 2)(1)
METALCLAD CORPORATION
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(Name of Issuer)
Common Stock, $.10 par value
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(Title of Class of Securities)
591142194
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(CUSIP Number)
Wayne W. Mills and Tamara Mills
5020 Blake Road
Edina, MN 55436
Phone: (612) 930-9453
With a copy to:
William M. Mower, Esq.
Maslon Edelman Borman & Brand, LLP
3300 Wells Fargo Center
90 South Seventh Street
Minneapolis, MN 55402-4140
Phone: (612) 672-8200
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 29, 2000
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box / /.
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule
13d-7(b) for other parties to whom copies are to be sent.
(1)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 disclosures provided in a prior cover page.
The information required on 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 7 Pages)
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CUSIP NO. 591142194 13D PAGE 2 OF 7 PAGES
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1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Wayne W. Mills
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
PF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
NUMBER OF
1,225,000
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
1,225,000
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,225,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [X]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.9%
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14 TYPE OF REPORTING PERSON (See Instructions)
IN
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CUSIP NO. 591142194 13D PAGE 3 OF 7 PAGES
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1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Tamara P. Mills
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
PF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
NUMBER OF
275,000
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
275,000
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
275,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
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14 TYPE OF REPORTING PERSON (See Instructions)
IN
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ITEM 1. SECURITY AND ISSUER
This statement relates to the common stock, $.10 par value, of
Metalclad Corporation, a Delaware corporation ("Metalclad"). The address of
Metalclad's principal executive offices is 2 Corporate Plaza, Suite 125, Newport
Beach, CA 92660.
ITEM 2. IDENTITY AND BACKGROUND
This Schedule 13D is being filed by Wayne W. Mills and Tamara Mills.
Mr. Mills' business address is 5020 Blake Road South, Edina, MN 55436. Mr. Mills
is a private investor. Ms. Mills' address is 5020 Blake Road South, Edina, MN
55436. Ms. Mills is a private investor. Mr. and Ms. Mills are husband and wife.
During the last five years, neither Mr. Mills nor Ms. Mills have been
(i) convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors), or (ii) party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
Both Mr. Mills and Ms. Mills are citizens of the United States of America.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Not applicable.
ITEM 4. PURPOSE OF TRANSACTION
The shares of Metalclad Common Stock subject to this Statement are held
by the Reporting Persons solely for investment purposes.
Although the Reporting Persons have not formulated any definitive
plans, they may from time to time acquire, or dispose of, common stock and/or
other securities of the Company if and when they deem it appropriate. The
Reporting Persons may formulate other purposes, plans or proposals relating to
any of such securities of the Company to the extent deemed advisable in light of
market conditions, investment policies and other factors. Except as indicated in
this Statement, the Reporting Persons have no current plans or proposals which
would relate to or would result in any of the matters described in subparagraphs
(a) through (j) of Item 4 of Schedule 13D.
ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER
a.- b. Mr. Mills owns 825,000 shares. Blake Capital Partners, LLC, a
Minnesota limited liability corporation ("Blake"), owns 400,000 shares. Mr.
Mills is the sole officer, director and controlling person of Blake. Ms. Mills
owns 275,000 shares. Mr. and Ms. Mills each disclaim beneficial ownership over
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their spouse's shares and Ms. Mills disclaims beneficial ownership over the
shares owned by Blake. According to the most recently filed Quarterly report on
Form 10-Q of Metalclad, as of September 30, 2000, 6,167,452 shares of Metalclad
common stock were issued and outstanding. Accordingly, based on such report Mr.
Mills owns 19.9% of the outstanding shares and Ms. Mills owns 4.5% of the
outstanding shares.
c. TRANSACTIONS WITHIN THE LAST 60 DAYS
Identity of Entity: Wayne W. Mills
<TABLE>
<CAPTION>
Date No. of Shares Price
<S> <C> <C>
11/17/00 6,000 $1.78
11/28/00 50,000 $1.63
12/7/00 13,300 $1.53
12/8/00 1,800 $1.47
12/22/00 15,000 $1.40
12/27/00 60,000 $1.45
12/29/00 18,300 $1.40
12/29/00 18,100 $1.52
1/2/01 2,300 $1.52
1/3/01 7,900 $1.54
1/5/01 800 $1.69
1/5/01 1,500 $1.53
1/8/01 1,100 $1.97
1/8/01 5,300 $2.03
1/9/01 6,100 $1.864
1/12/01 5,000 $1.94
1/16/01 13,900 $1.94
</TABLE>
Identity of Entity: Blake Capital Partners, LLC
None
Identity of Entity: Tamara Mills
None
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All transactions were open market purchases.
d. Not applicable.
e. Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS WITH RESPECT TO
SECURITIES OF THE ISSUER
The Reporting Persons do not have any contracts, arrangements,
understandings or relationships (legal or otherwise) with any person with
respect to any securities of the Company, including but not limited to transfer
or voting of securities, finders fees, joint ventures, loan or option
arrangements, puts or calls, guarantees of profits, division of profits or loss,
or the given or withholding of proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit A. Copy of an Agreement by and between Mr. and Ms. Mills
to file this Statement on Schedule 13D on behalf of
each of them.
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: January 18, 2001 /s/ Wayne W. Mills
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Wayne W. Mills
Dated: January 18, 2001 /s/ Tamara Mills
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Tamara Mills
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EXHIBIT A
AGREEMENT
TO JOINTLY FILE SCHEDULE 13D
The undersigned hereby agree to jointly prepare and file with
regulatory authorities a Schedule 13D and any future amendments thereto
reporting each of the undersigned's ownership of securities of Metalclad
Corporation and hereby affirm that such Schedule 13D is being filed on behalf of
each of the undersigned.
Dated: January 18, 2001 /s/ Wayne W. Mills
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Wayne W. Mills
Dated: January 18, 2001 /s/ Tamara Mills
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Tamara Mills
