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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
- -------- Estimated average burden
hours per response .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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
<TABLE>
<S> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Swamp Hall Properties, L.P. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) The St. Joe Company JOE (Month/Day/Year)
(Last) (First) (Middle) 12/17/1998 ------------------------------------ 1/28/1999
1600 Rockland Road ---------------------------- 5. Relationship of Reporting 7. Individual or
- ---------------------------------------- 3. IRS or Social Security Person to Issuer Joint/Group
(Street) Number of Reporting (Check all applicable) Filing Check
Person (Voluntary) _____ Director __X__ 10% Owner Applicable Line)
Wilmington, DE 19803 51-0385890 _____ Officer _____ Other (specify --Form filed by one
- -------------------------------------- ---------------------------- (give title below) below) Reporting Person
(City) (State) (Zip) X Form filed by
--more than One
Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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Common Stock 52,068,936 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1473 (7/96)
</TABLE>
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<TABLE>
<CAPTION>
FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Options (right to buy) (1) 5/13/08 common shares 4000 $33.25 D
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Explanation of Responses: * * * See Attached
/s/ Swamp Hall Properties, L.P.
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- -------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Note. File three copies of this Form, one of which must be manually signed. Page 2
If space provided is insufficient, See Instruction 6 for procedure. SEC 1473 (7/96)
By: John F. Porter, III
(1) The options become exerciseable in three equal installments over Title: President of The Rockland Company
three years, with the first group becoming exercisable on 5/11/99, Managing General Partner of Swamp Hall
the second group on 5/11/00, and the third group on 5/11/01. (Duly Authorized Representative)
</TABLE>
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*** Attachment to Form 3 Filed by Swamp Hall Properties, L.P. Reporting
Beneficial Ownership of Shares of Common Stock of The St. Joe Company
Dated January 28, 1999
Explanation of Response: Pursuant to Instruction 5(b)(v) of the General
Instructions to Form 3, Swamp Hall Properties, L.P. (the "Partnership") is the
Reporting Person. The Alfred I. duPont Testamentary Trust (the "Trust") is the
sole limited partner of the Partnership and owns all of the outstanding stock in
the corporate general partner of the Partnership. The Trust contributed the
shares of common stock of The St. Joe Company (the "Issuer") with respect to
which the Partnership is filing this Form 3, together with certain other assets,
in exchange for the entire limited partnership interest in the Partnership. The
Trustees of the Trust also constitute all of the directors of the Nemours
Foundation (the "Foundation"), which also directly and beneficially owns shares
of common stock of the Issuer. The options (right to buy) 4000 shares of Common
Stock of the Issuer consist of options to purchase 2000 shares of Common Stock
of the Issuer granted individually to each of Winfred L. Thornton, a Trustee,
and Jacob C. Belin, a Trustee, each of whom is also a director of the Issuer,
pursuant to the St. Joe Company 1998 Stock Incentive Plan. The beneficial
ownership of the common stock of the Issuer by the Trust, the Trustees and the
Foundation was reported on a Form 4 previously filed with the Commission on
March 10, 1998. The transact pursuant to which the Trust contributed to the
Partnership shares of common stock of the Issuer owned directly by the Trust
effects only a change in the form of beneficial ownership by the Trust from
direct to indirect and this is exempt from Section 16 of the Securities
Exchange Act of 1934 pursuant to Rule 16a-13 thereunder.
******
NAMES/ADDRESSES OF GROUP FILERS
<TABLE>
<S> <C>
Swamp Hall Properties, L.P. John F. Porter
1650 Prudential Drive, Suite 300 1650 Prudential Drive, Suite 300
Jacksonville, FL 32207 Jacksonville, FL 32207
Winfred L. Thornton Herbert H. Peyton
1650 Prudential Drive, Suite 300 1650 Prudential Drive, Suite 300
Jacksonville, FL 32207 Jacksonville, FL 32207
Jacob C. Belin Alfred I. duPont Testamentary Trust
1650 Prudential Drive, Suite 300 1650 Prudential Drive, Suite 300
Jacksonville, FL 32207 Jacksonville, FL 32207
William T. Thompson III The Nemours Foundation
1650 Prudential Drive, Suite 300 1650 Prudential Drive, Suite 300
Jacksonville, FL 32207 Jacksonville, FL 32207
Hugh M. Durden
1650 Prudential Drive, Suite 300
Jacksonville, FL 32207
</TABLE>
FORM 3 PAGE 3 OF 6
SWAMP HALL PROPERTIES, L.P.
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SIGNATURES
Swamp Hall Properties, L.P.
By: /s/ John F. Porter, III
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John F. Porter, III, President
The Rockland Company,
managing general partner of
Swamp Hall Properties, L.P.
(Duly Authorized Representative)
2/22/00
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(Date)
/s/ W. L. Thornton
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(Signature)
Winfred L. Thornton
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(Name)
2/22/00
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(Date)
/s/ Jacob C. Belin
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(Signature)
Jacob C. Belin
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(Name)
2/22/00
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(Date)
/s/ William T. Thompson
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(Signature)
William T. Thompson
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(Name)
FORM 3 PAGE 4 OF 6
SWAMP HALL PROPERTIES, L.P.
<PAGE> 5
2/22/00
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(Date)
/s/ Hugh M. Durden
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(Signature)
Hugh M. Durden
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(Name)
2/22/00
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(Date)
/s/ John F. Porter, III
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(Signature)
John F. Porter III
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(Name)
2/22/00
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(Date)
/s/ Herbert H. Peyton
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(Signature)
Herbert H. Peyton
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(Name)
2/22/00
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(Date)
Alfred I. DuPont Testamentary Trust
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(Name of Trust)
/s/ W. L. Thornton
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(Signature)
Winfred L. Thornton
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(Name)
Chairman
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(Title)
FORM 3 PAGE 5 OF 6
SWAMP HALL PROPERTIES, L.P.
<PAGE> 6
2/22/00
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(Date)
The Nemours Foundation
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(Name of Foundation)
/s/ Jacob C. Belin
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(Signature)
Jacob C. Belin
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(Name)
Chairman
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(Title)
FORM 3 PAGE 6 OF 6
SWAMP HALL PROPERTIES, L.P.
