HARTE HANKS COMMUNICATIONS INC
SC 13D/A, 1997-09-11
MISCELLANEOUS PUBLISHING
Previous: HANCOCK JOHN LIMITED TERM GOVERNMENT FUND, 497, 1997-09-11
Next: HELLER FINANCIAL INC, 424B3, 1997-09-11



<PAGE>   1
                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D
                               (AMENDMENT NO. 1)

                   UNDER THE SECURITIES EXCHANGE ACT OF 1934


                        Harte-Hanks Communications, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                         Common Stock,  Par Value $1.00
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   416196103
                    ------------------------------------
                                 (CUSIP Number)

                               David L. Copeland
                                  Sipco, Inc.
                              Post Office Box 2791
                             Abilene, Texas  79604
                                 (915) 676-7724
- --------------------------------------------------------------------------------
         (Name, Address and Telephone Number of Person Authorized to
                     Receive Notices and Communications)

                               September 2, 1997
        ---------------------------------------------------------------
            (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 .[ ]

NOTE:  Six copies of this statement, including all exhibits, should be filed
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are to
be sent.

- --------------

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 purposes 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>   2
                                  SCHEDULE 13D

- ------------------------------                           -----------------------
CUSIP NO. 416196 10 3                                          PAGE 2 OF 6 PAGES
- --------------------------------------------------------------------------------
1     NAME OF REPORTING PERSON
      S.S. OR IRS. IDENTIFICATION NO. OF ABOVE PERSON

      Andrew B. Shelton Revocable Trust

- --------------------------------------------------------------------------------
2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                   (a) [ ]
                                                                         (b) [ ]

- --------------------------------------------------------------------------------
3     SEC USE ONLY

- --------------------------------------------------------------------------------
4     SOURCE OF FUNDS
                Not Applicable.

- --------------------------------------------------------------------------------
5     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  
      ITEMS 2(d) or 2(e)                                                     [ ]

                 Not Applicable.
- --------------------------------------------------------------------------------
6     CITIZENSHIP OR PLACE OF ORGANIZATION

                Texas

- --------------------------------------------------------------------------------
                   7    SOLE VOTING POWER
   NUMBER OF            3,778,848
    SHARES        --------------------------------------------------------------
 BENEFICIALLY      8    SHARED VOTING POWER
   OWNED BY
     EACH         --------------------------------------------------------------
   REPORTING
    PERSON         9    SOLE DISPOSITIVE POWER
     WITH
                        3,778,848
                  --------------------------------------------------------------
                  10    SHARED DISPOSITIVE POWER

- --------------------------------------------------------------------------------
11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             3,778,848

- --------------------------------------------------------------------------------
12    CHECK BOX IF THAT AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

- --------------------------------------------------------------------------------
13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              10.2%

- --------------------------------------------------------------------------------
14    TYPE OF REPORTING PERSON

              OO
- --------------------------------------------------------------------------------





                                                                     Page 2 of 5
<PAGE>   3
ITEM 1.          SECURITY AND ISSUER

                 The class of securities to which this statement relates is the
         common stock, $1.00 par value (the "Common Stock") of Harte-Hanks
         Communications, Inc., a Delaware corporation (the "Issuer"), the
         principal executive offices of which are located at 200 Concord Plaza
         Drive, Suite 800, San Antonio, Texas 78216.

ITEM 2.          IDENTITY AND BACKGROUND

                 (a)-(c), (f)  The Andrew B. Shelton Revocable Trust (the
                 "Trust") is an intervivos trust that was established under the
                 laws of the State of Texas for the benefit of certain family
                 members of Andrew B.  Shelton and such other persons in
                 accordance with the terms of Mr. Shelton's Last Will and
                 Testament.  The initial Trustee and Settlor with full power of
                 revocation and substitution was Andrew B. Shelton.  Upon the
                 death of Mr. Shelton on January 16, 1997, the Trust became
                 irrevocable.  The successor trustee is:  David L. Copeland, a
                 United States citizen, whose principal occupation is President
                 of Sipco, Inc., and whose business address is 1052 North Fifth
                 Street, Suite 101 Abilene, Texas 79601.

                 (d)-(e)  Neither the Trust nor David Copeland has, during the
                 last five years, been (i) convicted in a criminal proceeding
                 or (ii) a party to a civil proceeding of a judicial or
                 administrative body of competent jurisdiction as a result of
                 which such person was subject to a judgment, decree or final
                 order enjoining future violations of, or prohibiting or
                 mandating activities subject to, federal or state securities
                 law or finding any violation with respect to such laws.

ITEM 3.          SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

                 Not Applicable.  During Mr. Shelton's life, he reported the
         shares held by the Trust in his individual capacity.  Upon his death
         the Trust is irrevocable and the shares are now being reported as
         beneficially owned by the Trust and David Copeland by virtue of his
         appointment as successor trustee.

ITEM 4.          PURPOSE OF TRANSACTION

                 4(a)     Not applicable.

                 Neither the Trust nor Mr. Copeland as trustee has any present
         plans or proposals which relate to or would result in the occurrence
         of the events described in Items 4(b) - 4(j).





                                                                     Page 3 of 5
<PAGE>   4
ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

         (a)     The Trust beneficially owns 3,778,848 shares of the Common
                 Stock, which represents approximately 10.2% of the outstanding
                 Issuer Common Stock.

         (b)     Mr. Copeland as Trustee exercises has sole voting and
                 dispositive power with respect to the trust shares of the
                 Issuer Common Stock; provided that the dispositive power is
                 exercised in accordance with the terms of the Trust.

         (c)     On September 2, 1997, 600,000 shares of Common Stock held by
                 the Trust were sold to the Issuer for $29.25 per share
                 pursuant to the Harte-Hanks Communications, Inc. Repurchase
                 Program.  Generally, the proceeds will be used to pay estate
                 taxes.

         (d)     None.

         (e)     Not Applicable.

ITEM 6.          CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
                 RESPECT TO SECURITIES OF THE ISSUER.

                 David L. Copeland serves as successor trustee of the Andrew B.
         Shelton Revocable Trust.

                 To the best knowledge of the undersigned, there are no other
         contracts, arrangements, understandings or relationships (legal or
         otherwise) among the persons named in Item 2 and between such persons
         and any person with respect to any securities of the Issuer, including
         but not limited to transfer or voting of any of the securities,
         finder's fees, joint ventures, loan or option agreement, puts or
         calls, guarantees of profits, division of profits or loss, or the
         giving or withholding of proxies.

ITEM 7.          MATERIAL TO BE FILED AS EXHIBITS

                 Not Applicable.





                                                                     Page 4 of 5
<PAGE>   5
         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 as of September 10, 1997              Andrew B. Shelton Revocable Trust

                                            By: /s/  David Copeland         
                                                -------------------------------
                                                David Copeland
                                                as Trustee





                                                                     Page 5 of 5


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission