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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
International American Homes, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
459004 20 6
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(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.)
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CUSIP NO. 459004 20 6 PAGE 2 OF 6 PAGES
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13G
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter A. Davis
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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 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
NUMBER OF 154,777
SHARES ------------------------------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING
PERSON ------------------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
154,777
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
154,777
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[X]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.56%
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12 TYPE OF REPORTING PERSON
IN
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CUSIP NO. 459004 20 6 PAGE 3 OF 6 PAGES
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13G
Item 1.
(a) Name of Issuer:
International American Homes, Inc.
(b) Address of Issuer's Principal Executive Offices:
9950 Princess Palm Avenue
Tampa, FL 33619
Item 2.
(a) Name of Person Filing:
Peter A. Davis
(b) Address of Principal Business Office or if None, Residence:
3487 S.E. Doubleton Dr.
Stuart, FL 34997
(c) Citizenship:
U.S.A.
(d) Title of Class of Securities:
Common Stock, par value $0.01
(e) Cusip Number:
459004 20 6
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CUSIP NO. 459004 20 6 PAGE 4 OF 6 PAGES
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13G
Item 3. Statements filed pursuant to Rule 13d-1(b), or 13d-2(b):
N/A
Item 4. Ownership
(a) Amount Beneficially Owned (describe):
Of the 154,777 shares reported hereunder; 3,333 shares
represent currently exercisable options and 151,444 shares are
owned directly by Mr. Davis. The amount beneficially owned
excludes 135,450 shares which are held by Mr. Davis' wife; Ina
J. Davis. The reporting person disclaims beneficial ownership
of these shares, and this report shall not be deemed an
admission that the reporting person is the beneficial owner of
these shares for the purpose of Section 13 of the Securities
Exchange Act of 1934 or for any other purpose.
(b) Percent of Class: 5.56%, including the option shares, based on
the 2,784,395 outstanding shares reported on the most recently
filed Form 10Q for quarter ending September 30, 1997, which
figure does not include the option shares.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 154,777
(includes 3,333 shares subject to currently exercisable
options)
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of:
154,777 (includes 3,333 shares subject to currently
exercisable options)
(iv) Shared power to dispose or to direct the disposition of:
-0-
Item 5. Ownership of Five Percent or Less of a Class
N/A
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CUSIP NO. 459004 20 6 PAGE 5 OF 6 PAGES
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13G
Item 6. Ownership of More than Five Percent on Behalf
of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the
Parent Holding Company
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
Item. 10. Certification
N/A
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CUSIP NO. 459004 20 6 PAGE 6 OF 6 PAGES
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13G
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.
Dated: February 2, 1998
/s/ Peter A. Davis
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Signature
Peter A. Davis
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Name/Title
6
