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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
SUN COAST INDUSTRIES, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
866670 20 1
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(CUSIP Number)
Bruce H. Hallett, 717 N. Harwood, Suite 1400, Dallas, Texas 75201;
(214) 922-4120
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
January 8, 1997
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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(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the statement[ ]. (A fee
is not required only if the reporting 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
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).
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SCHEDULE 13D
CUSIP NO. 866670-20-1 PAGE 2 OF 3 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James M. Hoak, Jr.
###-##-####
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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 SOURCE OF FUNDS
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
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7 SOLE VOTING POWER
NUMBER OF
438,200
SHARES -------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING
438,200
PERSON ------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
438,200
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.94%
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14 TYPE OF REPORTING PERSON
IN
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SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 866670-20-1 Page 3 of 3
This Amendment No. 3 (the "Amendment"), amends the Statement on
Schedule 13D, dated as of July 6, 1992, and as amended to date (the
"Statement"), previously filed by James M. Hoak, Jr. relating to his ownership
of shares (the "Shares") of Common Stock, $.01 par value, of Sun Coast
Industries, Inc., a Delaware corporation (the "Company").
ITEM 4. PURPOSE OF TRANSACTION.
On January 8, 1997, Mr. Hoak acquired an additional 50,000 shares of
the Company's common stock for an aggregate purchase price of $125,000. The
funds used to acquire these shares came from available cash on hand.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Mr. Hoak beneficially owns 438,200 shares of the Company's
common stock which is 10.0% of the outstanding shares of the Company's common
stock.
(b) Mr. Hoak has sole voting and investment power of the 438,200
shares described in (a) above.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Amendment is true, complete and
correct.
January 23, 1997 /s/ James M. Hoak, Jr.
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James M. Hoak, Jr.
