MERCANTILE BANCORPORATION INC
3, 1996-11-07
NATIONAL COMMERCIAL BANKS
Previous: MENTOR CORP /MN/, SC 13G/A, 1996-11-07
Next: MICHIGAN CONSOLIDATED GAS CO /MI/, 10-Q, 1996-11-07



 --------
[ FORM 3 ]          U.S. SECURITIES AND EXCHANGE COMMISSION
 --------                   WASHINGTON, D.C. 20549
          
     INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES  
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, 
Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(f) of the Investment Company Act of 1940 
- --------------------------------------------------------------
1.  Name and Address of Reporting Person
                     Mercantile Bancorporation Inc.
- --------------------------------------------------------------
        (Last)            (First)                  (Middle) 
                        P.O. Box 524
- --------------------------------------------------------------
                                   (Street)

        St. Louis                  Missouri           63166-0524 
- -----------------------------------------------------------------
        (City)                      (State)                 (Zip) 

2.  Date of Event Requiring Statement (Month/Day/Year)   10/27/96
                                                             
3.  IRS or Social Security Number of Reporting Person 
          (Voluntary)                             ---------------
4.  Issuer Name and Ticker or Trading Symbol  
     Mark Twain Bancshares, Inc. (MTB)
- -----------------------------------------------------------------
5.  Relationship of Reporting Person to Issuer 
   (Check all applicable) 
   [ ] Director    [ ] Officer         [X] 10% Owner    [ ] Other 
         (give title below)                       (specify below) 

- -----------------------------------------------------------------
6.  If Amendment, Date of Original (Month/Day/Year)    N/A
                                                              
7.  Individual or Joint/Group Filing (Check Appropriate Line) 
    [X] Form filed by One Reporting Person
    [ ] Form filed by More than One Reporting Person

TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED 
          
- -----------------------------------------------------------------
1. Title     2. Amount of     3. Ownership Form:  4. Nature of 
   of           Securities       Direct (D) or       Indirect
   Security     Beneficially     Indirect (I)        Beneficial
   (Instr. 4)   Owned (Instr.    (Instr. 5)          Ownership
                         4)                          (Instr. 5)
- -----------------------------------------------------------------
                                                              
Common Stock    2,440,687 (Note 1)     I               Note 1
- -----------------------------------------------------------------
- -----------------------------------------------------------------
- -----------------------------------------------------------------
- -----------------------------------------------------------------
- -----------------------------------------------------------------
- -----------------------------------------------------------------

Reminder: Report on a separate line for each class of securities 
beneficially owned directly or indirectly. (Print or Type Responses)
* If the form is filed by more than one reporting person, see  
Instruction 5(b)(v).

                          Page 1 of 3
<PAGE>


FORM 3 (continued)

         TABLE II--DERIVATIVE SECURITIES BENEFICIALLY OWNED 
  (e.g., puts, calls, warrants, options, convertible securities) 
<TABLE>        
<CAPTION>        
- --------------------------------------------------------------------------------

1. Title of    2. Date      3. Title        4. Conver-    5. Owner-   6. Nature  
   Deriva-      Exercis-       and            sion or     ship Form     of In- 
   tive         able and      Amount         Exercise     of Deriv-    direct
   Security     Expira-         of             Price        ative      Benefi-
   (Instr.      tion Date    Security        of Deri-     Security:    ficial 
      4)      (Month/Day/    (Instr.          vative      Direct (D)   Owner- 
                 Year)          4)           Security     or Indir-    ship
                                                          ect (I)     (Instr.
                                                          (Instr. 5)     5)     
             ------------------------------       
             Date                   Amount 
             Exer- Expira-           of 
             cisa- tion             Number
             ble   Date     Title  of Shares
<S>        <C>     <C>      <C>     <C>        <C>            <C>
- --------------------------------------------------------------------------------
Common                      Common                    
Stock      Note 2  Note 2   Stock   3,261,522  $42.375        D
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:


**Intentional misstatements or omissions of facts constitute 
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 
78ff(a).

Note:  File three copies of this Form, one of which must be 
manually signed. If space provided is insufficient, See 
Instruction 6 for procedure. 

Potential persons who are to respond to the collection of 
information contained in this form are not required to respond 
unless the form displays a currently valid OMB Number.

                 /s/ Jon W. Bilstrom             11/6/96 
                ----------------------------     -------  
              **Signature of Reporting Person       Date 
                By:     Jon W. Bilstrom
                Title:  Secretary and General Counsel


                          Page 2 of 3
<PAGE>


REPORTING PERSON:  Mercantile Bancorporation, Inc.
ISSUER:  Mark Twain Bancshares, Inc.
DATE OF EVENT REQUIRING STATEMENT:  October 27, 1996

                         NOTES TO FORM 3

Note 1:  Certain officers and directors of  Issuer, who in the 
aggregate have voting power over approximately 14.9% of the 
outstanding common stock of Issuer executed Support Agreements 
pursuant to which such officers and directors have agreed to 
vote all such shares to approve the merger of Issuer with and 
into a wholly owned subsidiary of Reporting Person (the 
"Merger") and not to sell any of such shares other than 
pursuant to the Merger without Reporting Person's consent.  A 
list of the officers and directors executing the Support 
Agreements and a form of Support Agreement are attached as 
Exhibits to Reporting Person's Schedule 13D filed with respect 
to Issuer with the SEC on November 6, 1996.  Reporting Person 
disclaims beneficial ownership of these securities and this 
report shall not be deemed an admission that Reporting Person 
is the beneficial owner of such securities for purposes of 
Section 16 or any other purpose.

Note 2:  The Option is exercisable only upon the occurrence of 
certain events described in a stock option agreement, dated 
October 27, 1996, between Reporting Person and Issuer (the 
"Stock Option Agreement") and expires upon the occurrence of 
certain events described in the Stock Option Agreement.  A 
copy of the Stock Option Agreement is attached as an Exhibit 
to Reporting Person's Current Report on Form 8-K filed with 
the SEC on November 6, 1996.  Reporting Person disclaims 
beneficial ownership of these securities and this report shall 
not be deemed an admission that Reporting Person is the 
beneficial owner of such securities for purposes of Section 16 
or any other purpose.








                          Page 3 of 3





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