ARC INTERNATIONAL CORP
SC 13D/A, 2000-04-20
ELECTRONIC PARTS & EQUIPMENT, NEC
Previous: DEFINED ASSET FUNDS CORPORATE INCOME FUND MON PYMT SER 306, 497, 2000-04-20
Next: ARC INTERNATIONAL CORP, SC 13D/A, 2000-04-20



<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                 SCHEDULE 13D

                   Under the Securities Exchange Act of 1934

                              (Amendment No. 4)*


                         ARC International Corporation
            ------------------------------------------------------
                               (Name of Issuer)

                     Common Stock, no par value per share
              ---------------------------------------------------
                        (Title of Class of Securities)

                                   001905108
                ----------------------------------------------
                                (CUSIP Number)


                                  Jerry Zucker
                         c/o The InterTech Group, Inc.
                              Post Office Box 5205
                    North Charleston, South Carolina  29405
                                 (803) 744-5174
- --------------------------------------------------------------------------------
                 (Name, Address and Telephone Number of Person
               Authorized to Receive Notices and Communications)


                                April 17, 2000
        --------------------------------------------------------------
            (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(e), (f) or (g), check the following box [_].

Note:  Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits.  See Rule 13d-7(b) 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 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).


                         (Continued on following pages)



                               Page 1 of 5 Pages
<PAGE>

CUSIP NO. 001905108                    13D                     Page 2 of 5 Pages
         ----------

- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON

      Jerry Zucker

 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [x]
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      SOURCE OF FUNDS*
 4
      PF

- ------------------------------------------------------------------------------
      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
      TO ITEMS 2(D) OR 2(E)                                                [_]
 5
- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 6
     United States

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     7
     NUMBER OF            4,326,500

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      8
                          -0-
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     9
    REPORTING             4,326,500

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          10
                          -0-

- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
      4,326,500

- ------------------------------------------------------------------------------
      CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
      25.3%
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
14
      IN
- ------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                               Page 2 of 5 Pages
<PAGE>

     This Amendment No. 4 ( "Amendment No. 4") amends the Statement on Schedule
     13D (the "Schedule 13D") filed on September 17, 1999 by Jerry Zucker, as
     previously amended by Amendments No. 1, No. 2 and No. 3 thereto.
     Capitalized terms used herein and not defined herein have the meanings
     ascribed thereto in the Schedule 13D.


ITEM 4.   PURPOSE OF TRANSACTION.
          ----------------------

     Item 4 of the Schedule 13D is hereby amended by adding the following as the
     fifth paragraph thereof:

          On April 17, 2000, Mr. Johnston resigned from the Board of Directors
          of the Issuer.


ITEM 7.   MATERIAL TO BE FILED AS EXHIBITS.
          --------------------------------

     Item 7 of the Schedule 13D is hereby amended and supplemented by adding
     thereto the Resignation Letter of Mr. Johnston dated April 17, 2000
     attached hereto as Exhibit A.


                               Page 3 of 5 Pages
<PAGE>

                                   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: April 19, 2000


                                           /S/ Jerry Zucker
                                           ---------------------------
                                           Print Name:  Jerry Zucker


                               Page 4 of 5 Pages

<PAGE>

                                                                       Exhibit A

                                 RESIGNATION

      TO: ARC INTERNATIONAL CORPORATION (the "Corporation")

      Effective immediately I hereby resign as a director of the Corporation.

      DATED this 17th day of April, 2000.

                                           /S/ Robert Johnston
                                           -----------------------
                                           Robert Johnston


                               Page 5 of 5 Pages



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