SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 6)
FIRST BUSEY CORPORATION
-----------------------
(Name of Issuer)
CLASS A COMMON STOCK
--------------------
(Title of Class of Securities)
319383105
---------
(CUSIP Number)
*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 that Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following pages)
PAGE 1 OF 4 PAGES
<PAGE> 2
CUSIP NO. 319383105 13G
1) NAME OF REPORTING PERSON AND SOCIAL SECURITY OR I.R.S. IDENTIFICATION
NUMBER OF ABOVE PERSON
DOUGLAS C. MILLS
###-##-####
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(B) |__|
(C) |__|
3) SEC USE ONLY
4) CITIZENSHIP OR PLACE OR ORGANIZATION
UNITED STATES
5) SOLE VOTING POWER
780,878 (1)
6) SHARED VOTING POWER
398,180
7) SOLE DISPOSITIVE POWER
780,878 (1)
8) SHARED DISPOSITIVE POWER
398,180
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,179,058
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
17.14%
12) TYPE OF REPORTING PERSON*
IN
PAGE 2 OF 4 PAGES
<PAGE> 3
ITEM 1(a) NAME OF ISSUER:
FIRST BUSEY CORPORATION
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
P.O. BOX 123
URBANA, IL 61803-0123
ITEM 2(a) NAME OF PERSON FILING:
DOUGLAS C. MILLS
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
2123 SEATON COURT
CHAMPAIGN, IL 61821
ITEM 2(c CITIZENSHIP:
UNITED STATES
ITEM 2(d) TITLE AND CLASS OF SECURITIES:
CLASS A COMMON STOCK
ITEM 2(e) CUSIP NUMBER:
319383105
ITEM 3 STATEMENT FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b):
NOT APPLICABLE
ITEM 4 OWNERSHIP:
(a) AMOUNT BENEFICIALLY OWNED:
1,179,058
(b) PERCENT OF CLASS:
17.14%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
780,878
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
398,180
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
780,878
(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
398,180
PAGE 3 OF 4 PAGES
<PAGE> 4
ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
NOT APPLICABLE
ITEM 6 OWNERSHIP OF MORE THAN FIVE 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 A GROUP:
NOT APPLICABLE
ITEM 10 CERTIFICATION:
NOT APPLICABLE
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.
2/13/98 /s/ Douglas C. Mills
--------------------- ------------------------------
Date Signature
FOOTNOTE:
(1) Does not include 594,100 shares of Class A Common Stock which are owned by
Linda M. Mills, the wife of Mr. Mills, in which he disclaims any beneficial
interest. Linda M. Mills files separate Section 13 and Section 16 reports
reflecting the ownership of these securities.
PAGE 4 OF 4 PAGES
