UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 10)*
QMS, Inc.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
74726 G 10 2
(CUSIP Number)
Check the following box if a fee is being paid with this statement ( ). (A
fee is not required only if the filing 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 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 the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James L. Busby
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ( )
(b) ( )
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
5. SOLE VOTING POWER
NUMBER OF 663,943*
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 17,000**
EACH
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 663,943*
WITH
8. SHARED DISPOSITIVE POWER
17,000**
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
680,943
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
( )
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.3%
12 TYPE OF REPORTING PERSON
IN
ITEM 1(A). NAME OF ISSUER:
QMS, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1 Magnum Pass
Mobile, Alabama 36618
ITEM 2(A). NAME OF PERSON FILING:
James L. Busby
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
1 Magnum Pass
Mobile, Alabama 36618
ITEM 2(C). CITIZENSHIP:
United States of America
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 par value
ITEM 2(E). CUSIP NUMBER:
74726 G 10 2
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B),
OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
Inapplicable
ITEM 4. OWNERSHIP:
(a) Amount beneficially owned: 663,943*
(b) Percent of class: 6.3%
(c) Number of shares as to which such person has
(i) sole power to vote or direct the vote:
663,943*;
(ii) shared power to vote or direct the vote:
17,000**;
(iii) sole power to dispose or to direct the
disposition of: 663,943*;
(iv) shared power to dispose or direct the
disposition of: 17,000**.
* Of the indicated shares, 124,000 shares are
subject to options exercisable within 60 days
after December 31, 1994.
** The indicated shares are owned of record by Mr.
Busby's spouse. Mr. Busby disclaims beneficial
ownership of these shares.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Inapplicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON:
Inapplicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY:
Inapplicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF THE MEMBERS OF THE
GROUP:
Inapplicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Inapplicable
ITEM 10. CERTIFICATION:
Inapplicable
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.
Date: February 8, 1995
Signature: /s/James L. Busby
Name: James L. Busby