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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 8)*
Portsmouth Bank Shares, Inc.
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(Name of Issuer)
Common Stock, par value $.10 per share
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(Title of Class of Securities)
737 031 104
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(CUSIP Number)
Robert W. Simpson, 350 Portsmouth Avenue, New Castle, NH 03854 (603) 436-6630
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
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(b)(3) or (4), check the following box / /.
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.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) 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 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).
Page 1 of 4 Pages
SEC 1746 (9-88)
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CUSIP NO. 737 031 104 13D PAGE 2 OF 4 PAGES
<TABLE>
<S> <C>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert W. Simpson
###-##-####
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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 SOURCE OF FUNDS*
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5 CHECK BOX IN DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
NUMBER 368,387
SHARES ------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH --
REPORTING ------------------------------------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH
368,387
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10 SHARED DISPOSITIVE POWER
--
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
368,387
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.22%
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14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88)
<PAGE> 3
Portsmouth Bank Shares, Inc.
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The Scheduled 13D, filed with respect to the common stock, par values $.10
per share (the "shares") of Portsmouth Bank Shares, Inc. (the "Issuer") owned by
Robert W. Simpson (the "Purchaser") is amended as follows:
Item 5. Interest in Securities of the Issuer
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(a) The Purchaser owns 153,561 shares, and has stock options of
214,826 shares for a total of 368,387 shares or 6.22% (based on
5,926,247 shares outstanding) as of December 31, 1996 of the
Issuer's outstanding common stock. Of such amount, 867 shares are
owned by Lorraine Simpson, the Purchaser's wife. The inclusion of
any shares of the Issuer's common stock owned by Lorraine Simpson
in this Schedule 13D shall not be construed as admission that the
Purchaser is the beneficial owner of any such shares.
(b) The Purchaser has sole power to vote or dispose of the shares
owned.
(c) The Purchaser has effected the following transactions in the
shares.
Tanasaction Date Shares
----------- ---- ------
2% Stock Dividend 3/15/96 7,222
(d) Not Applicable
(e) Not Applicable
Page 3 of 4 Pages
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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.
/s/ Robert Simpson
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Date: February 4, 1997
Page 4 of 4 Pages
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