SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
KLLM Transport Services Inc.
----------------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
482498102
---------
(CUSIP Number)
-----------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|_| Rule 13d-1(b)
|x| Rule 13d-1(c)
|_| Rule 13d-1(d)
Page 1 of 10 Pages
<PAGE>
SCHEDULE 13G
CUSIP No. 482498102 Page 2 of 10 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Neil Gagnon
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
173,073
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES 34,250
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 173,073
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH 34,250
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
207,323
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.7% (see item 4)
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 2 of 10 Pages
<PAGE>
SCHEDULE 13G
CUSIP No. 482498102 Page 3 of 10 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lois Gagnon
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
113,275
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES 34,250
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 113,275
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH 34,250
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
147,525
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.4% (see item 4)
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 3 of 10 Pages
<PAGE>
SCHEDULE 13G
CUSIP No. 482498102 Page 4 of 10 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gagnon Foundation
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
26,975
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES None
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 26,975
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH None
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
26,975
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.6%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
Page 4 of 10 Pages
<PAGE>
SCHEDULE 13G
CUSIP No. 482498102 Page 5 of 10 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gagnon Family Partnership
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
7,275
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES None
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 7,275
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH None
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
7,275
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
Page 5 of 10 Pages
<PAGE>
Schedule 13G
ITEM 1(A). NAME OF ISSUER:
KLLM Transport Services Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
135 Riverview Drive
Richland, MS 39218
ITEM 2(A). NAME OF PERSON FILING:
Neil Gagnon
Lois Gagnon
Gagnon Foundation
Gagnon Family Partnership
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
1775 Broadway, 26th Floor
New York, NY 10019
ITEM 2(C). CITIZENSHIP:
Neil Gagnon: United States
Lois Gagnon: United States
Gagnon Foundation: New Jersey
Gagnon Family Partnership: New Jersey
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E). CUSIP NUMBER:
482498102
ITEM3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-1(B), OR
240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
(a) |_| Broker or Dealer Registered Under Section 15 of the Act (15
U.S.C. 78o)
(b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c)
(c) |_| Insurance Company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c)
Page 6 of 10 Pages
<PAGE>
(d) |_| Investment Company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8)
(e) |_| Investment Adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E)
(f) |_| Employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F)
(g) |_| Parent Holding Company or control person in accordance with
ss.240.13d-1(b)(ii)(G)
(h) |_| Savings Association as defined in ss.3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813)
(i) |_| Church plan that is excluded from the definition of an
investment company under ss.3(c)(15) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3)
(j) |_| Group, in accordance with ss.240.13d-1(b)(ii)(J)
ITEM 4. OWNERSHIP.
Neil Gagnon
(a) Amount beneficially owned: 207,323
(b) Percent of class: 4.7%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 173,073
(ii) Shared power to vote or to direct the vote: 34,250/1/
(iii)Sole power to dispose or to direct the disposition of:
173,073
(iv) Shared power to dispose or to direct the disposition of:
34,250/1/
Lois Gagnon
(a) Amount beneficially owned: 147,525
(b) Percent of class: 3.4%
(c) Number of shares as to which such person has:
- --------
/1/ Includes 26,975 shares held by the Gagnon Foundation, of which Mr. Gagnon is
a trustee, and 7,275 shares held by the Gagnon Family Partnership, of which Mr.
Gagnon is a partner, as to which shares Mr. Gagnon shares voting and investment
authority.
Page 7 of 10 Pages
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(i) Sole power to vote or to direct the vote: 113,275
(ii) Shared power to vote or to direct the vote: 34,250/2/
(iii)Sole power to dispose or to direct the disposition of:
113,275
(iv) Shared power to dispose or to direct the disposition of:
34,250/2/
Gagnon Foundation
(a) Amount beneficially owned: 26,975
(b) Percent of class: 0.6%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 26,975
(ii) Shared power to vote or to direct the vote: None
(iii)Sole power to dispose or to direct the disposition of:
26,975
(iv) Shared power to dispose or to direct the disposition of:
None
Gagnon Family Partnership
(a) Amount beneficially owned: 7,275
(b) Percent of class: 0.2%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 7,275
(ii) Shared power to vote or to direct the vote: None
(iii)Sole power to dispose or to direct the disposition of:
7,275
(iv) Shared power to dispose or to direct the disposition of:
None
- --------
/2/ Includes 26,975 shares held by the Gagnon Foundation, of which Ms. Gagnon is
a trustee, and 7,275 shares held by the Gagnon Family Partnership, of which Ms.
Gagnon is a partner, as to which shares Mrs. Gagnon shares voting and investment
authority.
Page 8 of 10 Pages
<PAGE>
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable
ITEM 10. CERTIFICATION.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
Page 9 of 10 Pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
September 14, 1998
----------------------------------
Date
/s/ Neil Gagnon
----------------------------------
Neil Gagnon
/s/ Lois Gagnon
----------------------------------
Lois Gagnon
Gagnon Foundation
By: /s/ Neil Gagnon
----------------------------------
Neil Gagnon, Trustee
Gagnon Family Partnership
By: /s/ Neil Gagnon
----------------------------------
Neil Gagnon, Partner
Page 10 of 10 Pages
