SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-------
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. 1)(1)
KLLM TRANSPORT SERVICES, INC.
(Name of Issuer)
COMMON STOCK, $1.00 PAR VALUE
(Title of Class of Securities)
482498102
(CUSIP Number)
April 3, 2000
(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)
----------
(1) 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).
Page 1 of 14 Pages
<PAGE>
CUSIP No. 482498102 13G Page 2 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
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
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 129,362
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 71,675
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
PERSON 129,362
_________________________________________________________________
EPORTING 8. SHARED DISPOSITIVE POWER
WITH 71,362
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
201,037
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.9%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 14 Pages
<PAGE>
CUSIP No. 482498102 13G Page 3 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
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
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 52,975
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 71,675
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
PERSON 52,975
_________________________________________________________________
EPORTING 8. SHARED DISPOSITIVE POWER
WITH 71,675
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
124,650
________________________________________________________________________________
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%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 14 Pages
<PAGE>
CUSIP No. 482498102 13G Page 4 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
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
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 26,975
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY N/A
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
PERSON 26,975
_________________________________________________________________
EPORTING 8. SHARED DISPOSITIVE POWER
WITH N/A
________________________________________________________________________________
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
0.7%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
OO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 14 Pages
<PAGE>
CUSIP No. 482498102 13G Page 5 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
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
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 29,525
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY N/A
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
PERSON 29,525
_________________________________________________________________
EPORTING 8. SHARED DISPOSITIVE POWER
WITH N/A
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
29,525
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.7%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 14 Pages
<PAGE>
CUSIP No. 482498102 13G Page 6 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAGNON TRUST
________________________________________________________________________________
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
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 15,175
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY N/A
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
PERSON 15,175
_________________________________________________________________
EPORTING 8. SHARED DISPOSITIVE POWER
WITH N/A
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,175
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.4%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
OO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 14 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:
This Schedule 13G is filed on behalf of Neil Gagnon, Lois Gagnon,
the Gagnon Foundation, the Gagnon Partnership and the Gagnon
Trust (each a "Reporting Person" and, collectively, the
"Reporting Persons").
Item 2(b). Address of Principal Business Office or, If None, Residence:
1370 Avenue of the Americas
Suite 2002
New York, NY 10019
Item 2(c). Citizenship:
Neil Gagnon - United States
Lois Gagnon - United States
Gagnon Foundation - New Jersey
Gagnon Partnership - New Jersey
Gagnon Trust - New Jersey
Item 2(d). Title of Class of Securities:
Common Stock, par value $1.00 per share.
Page 7 of 14 Pages
<PAGE>
Item 2(e). CUSIP Number:
482498102
Item 3. Type of Reporting Person:
Not applicable
Item 4. Ownership:
Neil Gagnon
(a) Amount Beneficially Owned:
As of April 3, 2000, Neil Gagnon owned 201,037 shares of
Common Stock, which amount includes 129,362 shares owned by
Mr. Gagnon; 26,975 shares held by the Gagnon Foundation, of
which Mr. Gagnon is a trustee; 29,525 shares held by the
Gagnon Family Partnership, of which Mr. Gagnon is a partner;
and 15,175 shares held by the Gagnon Trust, of which Mr.
Gagnon is a trustee.
(b) Percentage of Class:
4.9% beneficially owned by Mr. Gagnon. Calculation of
percentage of beneficial ownership is based on 4,101,468
shares of the Issuer's Common Stock outstanding on February
4, 2000 as reported by the Issuer on its 10-K for the fiscal
year ended December 31, 1999.
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or direct the vote:
129,362 shares of Common Stock
Page 8 of 14 Pages
<PAGE>
(ii) shared power to vote or direct the vote:
71,675 shares of Common Stock
(iii) sole power to dispose or direct the disposition
of:
129,362 shares of Common Stock
(iv) shared power to dispose or direct the disposition
of:
71,675 shares of Common stock
Lois Gagnon
(a) Amount Beneficially Owned:
As of April 3, 2000, Lois Gagnon owned 124,650 shares of Common Stock,
which amount includes 52,975 shares owned by Mrs. Gagnon; 26,975
shares held by the Gagnon Foundation, of which Mrs. Gagnon is a
trustee; 29,525 shares held by the Gagnon Family Partnership, of which
Mrs. Gagnon is a partner; and 15,175 shares held by the Gagnon Trust,
of which Mrs. Gagnon is a trustee.
(b) Percentage of Class:
3.4% beneficially owned by Mrs. Gagnon. Calculation of percentage of
beneficial ownership is based on 4,101,468 shares of the Issuer's
Common Stock outstanding on February 4, 2000 as reported by the Issuer
on its 10-K for the quarterly period ended December 31, 1999.
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or direct the vote:
52,975 shares of Common Stock
Page 9 of 14 Pages
<PAGE>
(ii) shared power to vote or direct the vote:
71,675 shares of Common Stock
(iii) sole power to dispose or direct the disposition of:
52,975 shares of Common Stock
(iv) shared power to dispose or direct the disposition of:
71,675 shares of Common stock
Gagnon Foundation
(a) Amount Beneficially Owned:
As of April 3, 2000, the Gagnon Foundation owned 26,975 shares of
Common Stock.
(b) Percentage of Class:
0.7% beneficially owned by the Foundation. Calculation of percentage
of beneficial ownership is based on 4,101,468 shares of the Issuer's
Common Stock outstanding on February 4, 2000 as reported by the Issuer
on its 10-K for the quarterly period ended December 31, 1999.
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or direct the vote:
26,975 shares of Common Stock
(ii) shared power to vote or direct the vote:
N/A
Page 10 of 14 Pages
<PAGE>
(iii) sole power to dispose or direct the disposition of:
26,975 shares of Common Stock
(iv) shared power to dispose or direct the disposition of:
N/A
Gagnon Family Partnership
(a) Amount Beneficially Owned:
As of April 3, 2000, the Gagnon Family Partnership owned 29,575 shares
of Common Stock.
(b) Percentage of Class:
0.7% beneficially owned by the Partnership. Calculation of percentage
of beneficial ownership is based on 4,101,468 shares of the Issuer's
Common Stock outstanding on February 4, 2000 as reported by the Issuer
on its 10-K for the quarterly period ended December 31, 1999.
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or direct the vote:
29,575 shares of Common Stock
(ii) shared power to vote or direct the vote:
N/A
(iii) sole power to dispose or direct the disposition of:
29,575 shares of Common Stock
Page 11 of 14 Pages
<PAGE>
(iv) shared power to dispose or direct the disposition of:
N/A
Gagnon Trust
(a) Amount Beneficially Owned:
As of April 3, 2000, the Gagnon Trust owned 15,175 shares of Common
Stock.
(b) Percentage of Class:
0.4% beneficially owned by the Trust. Calculation of percentage of
beneficial ownership is based on 4,101,468 shares of the Issuer's
Common Stock outstanding on February 4, 2000 as reported by the Issuer
on its 10-K for the quarterly period ended December 31, 1999.
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or direct the vote:
15,175 shares of Common Stock
(ii) shared power to vote or direct the vote:
N/A
(iii) sole power to dispose or direct the disposition of:
15,175 shares of Common Stock
(iv) shared power to dispose or direct the disposition of:
N/A
Page 12 of 14 Pages
<PAGE>
Item 5. This statement is being filed to report that as of the date
hereof the Reporting Persons have ceased to be the
beneficial owners of more than five percent of the Common
Stock.
Item 6-9. Not applicable.
Item 10. Certification:
By signing below, the Reporting Persons certify that, to the best of their
knowledge and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose 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 purpose or effect.
Page 13 of 14 Pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of the undersigneds' knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: May 16, 2000
/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
GAGNON TRUST
By: /s/ Neil Gagnon
-----------------------------
Neil Gagnon, Trustee
Page 14 of 14 Pages
