<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ___)*
RSI Holdings, Inc.
- ---------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ---------------------------------------------------------------------------
(Title of Class of Securities)
749723 10 2
- ---------------------------------------------------------------------------
(CUSIP Number)
Joe F. Ogburn, 102 West Marion, Shelby, North Carolina 28150 704-487-8977
- ---------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
November 11,1996
- ---------------------------------------------------------------------------
(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(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the statement [x]. (A fee is
not required only if the reporting 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
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> 2
SCHEDULE 13D
<TABLE>
<CAPTION>
CUSIP NO. 749723 10 2 PAGE 2 OF 15 PAGES
----------- --- ---
- ---------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joe F. Ogburn
- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
=========================================================================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES 155,426 (See Note in Response to Item 5)
BENEFICIALLY --------------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 550
REPORTING --------------------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 155,426 (See Note in Response to Item 5)
--------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
550
=========================================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
155,976
- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [x]
- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0
- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ---------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 2 of 15
<PAGE> 3
SCHEDULE 13D
<TABLE>
<CAPTION>
CUSIP NO. 749723 10 2 PAGE 2 OF 15 PAGES
----------- --- ---
- ---------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles M. Bolt
- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
=========================================================================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES 284,556 (See Note in Response to Item 5)
BENEFICIALLY --------------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH -0-
REPORTING --------------------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 284,556 (See Note in Response to Item 5)
--------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
=========================================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
284,556
- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [x]
- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6
- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ---------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 2 of 15
<PAGE> 4
SCHEDULE 13D
<TABLE>
<CAPTION>
CUSIP NO. 749723 10 2 PAGE 2 OF 15 PAGES
----------- --- ---
- ---------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles C. Mickel
- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
=========================================================================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES 812,658
BENEFICIALLY --------------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 44,523
REPORTING --------------------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 812,658
--------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
44,523
=========================================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
857,181
- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [x]
- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.9
- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ---------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 2 of 15
<PAGE> 5
SCHEDULE 13D
<TABLE>
<CAPTION>
CUSIP NO. 749723 10 2 PAGE 2 OF 15 PAGES
----------- --- ---
- ---------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Minor Mickel Shaw
- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
=========================================================================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES 804,936
BENEFICIALLY --------------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 17,186
REPORTING --------------------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 804,936
--------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
17,186
=========================================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
822,122
- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [x]
- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.4
- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ---------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 2 of 15
<PAGE> 6
SCHEDULE 13D
<TABLE>
<CAPTION>
CUSIP NO. 749723 10 2 PAGE 2 OF 15 PAGES
----------- --- ---
- ---------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mary W. Murphy
- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
=========================================================================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES 11,921 (See Note in Response to Item 5)
BENEFICIALLY --------------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 171
REPORTING --------------------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 11,921 (See Note in Response to Item 5)
--------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
171
=========================================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,092
- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [x]
- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than one-quarter percent
- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ---------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 2 of 15
<PAGE> 7
THIS SCHEDULE 13D IS FILED ON BEHALF OF JOE F. OGBURN, CHARLES M. BOLT,
CHARLES C. MICKEL, MINOR MICKEL SHAW, AND MARY W. MURPHY. THESE INDIVIDUALS
COORDINATED WITH ONE ANOTHER, AS WELL AS WITH MATTHEW J. MARRON, JR., IN
CONNECTION WITH THEIR RECENT INDIVIDUAL PURCHASES OF COMMON STOCK, $.01 PAR
VALUE ("COMMON STOCK") OF RSI HOLDINGS, INC. (THE "COMPANY"). BECAUSE OF THIS
COORDINATION, THESE INDIVIDUALS MAY BE DEEMED TO CONSTITUTE A "GROUP" WITHIN THE
MEANING OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. THE AGGREGATE
OWNERSHIP OF COMMON STOCK OF THE COMPANY ("COMMON STOCK") OF THESE INDIVIDUALS
IS 2,172,027. THESE INDIVIDUALS DO NOT BELIEVE THAT THEY SHOULD BE TREATED AS A
GROUP AND ARE FILING THIS SCHEDULE 13D PURELY AS A CAUTIONARY MEASURE. THEY
BELIEVE THAT, EVEN IF A GROUP WERE FORMED AS A RESULT OF THEIR COORDINATION IN
CONNECTION WITH THE PURCHASE, THE GROUP WAS DISBANDED IMMEDIATELY AFTER THE
PURCHASE. THE INDIVIDUALS HAVE NO AGREEMENT WITH EACH OTHER WITH RESPECT TO THE
VOTING, HOLDING OR DISPOSITION OF THE SHARES OF COMMON STOCK OWNED BY THEM.
COLLECTIVELY, THESE INDIVIDUALS SHALL BE REFERRED TO AS "PURCHASERS". SOME OF
THE PURCHASERS ALREADY HAVE SCHEDULES 13D ON FILE. THIS FILING SHALL BE DEEMED
TO BE AN AMENDMENT TO SUCH FILINGS.
ITEM 1. SECURITY AND ISSUER
a. Title of class of equity securities: Common Stock
b. Name and address of principal executive offices of issuer:
RSI Holdings, Inc.
245 East Broad Street, Suite A
Greenville, SC 29601
ITEM 2. IDENTITY AND BACKGROUND
Below is set forth information with respect to each of the
Purchasers:
a. Name:
Matthew J. Marron, Jr.
b. Business address:
245 East Broad Street, Suite A
Greenville, SC 29601
c. Principal occupation and address:
President of CambridgeBanc, Inc., a subsidiary of RSI Holdings,
Inc., engaged in the business of originating
- 3 -
<PAGE> 8
and selling home improvement loans secured by liens on
improved property. Correspondence relating to this filing should be
sent care of RSI Holdings, Inc.
245 East Broad Street, Suite A
Greenville, SC 29601
a. Joe F. Ogburn
b. 102 West Marion, Shelby, NC 28150
c. Treasurer and Vice President
RSI Holdings, Inc.
102 West Marion
Shelby, NC 28150
a. Charles M. Bolt
b. 3000 N. E. 48th Street
No. 301
Fort Lauderdale, FL 33308
c. Director and Former President of Distribution of RSI Holdings, Inc.
245 East Broad Street, Suite A
Greenville, SC 29601
a. Charles C. Mickel
b. 245 East Broad Street, Suite A
Greenville, SC 29601
c. Vice President
Micco Corporation (Investments)
Post Office Box 795
Greenville, SC 29602
a. Minor Mickel Shaw
b. Post Office Box 795
Greenville, SC 29602
c. President, Micco Corporation (Investments)
Post Office Box 795
Greenville, SC 29602
- 4 -
<PAGE> 9
a. Mary W. Murphy
b. 245 East Broad Street, Suite A
Greenville, SC 29601
c. Executive Administrator
RSI Holdings, Inc.
245 East Broad Street, Suite A
Greenville, SC 29601
d. Criminal Proceeding
During the last five years, none of the Purchasers has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
e. Civil Proceeding
During the last five years, none of the Purchasers has been a party
to a civil proceeding of a judicial or administrative body of competent
jurisdiction resulting in a final judgment, final decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation with respect to
such laws.
f. Citizenship:
Each of the Purchasers is a citizen of the United States of America.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Each of the Purchasers spent the amounts set forth below in
connection with their individual purchases, in each case, from his or her own
personal funds:
<TABLE>
<CAPTION>
Agreement Settlement Number of
Date Date Shares Price
<S> <C> <C> <C> <C>
Matthew J. Marron, Jr. 11-08-96 11-11-96 40,100 $ 8,822
Joe F. Ogburn 11-11-96 11-14-96 14,500 3,190
Charles M. Bolt 11-11-96 11-14-96 35,350 7,777
Charles C. Mickel 11-11-96 11-14-96 132,500 29,150
Minor Mickel Shaw 11-11-96 11-14-96 132,500 29,150
Mary W. Murphy 11-11-96 11-14-96 2,850 627
</TABLE>
- 5 -
<PAGE> 10
ITEM 4. PURPOSE OF TRANSACTION
Each of the Purchasers acquired the stock for personal investment. At
this time, except as set forth below, none of the Purchasers has any other plan
or proposal which relates to or would result in:
a. The acquisition by any person of additional securities of the issuer,
or the disposition of securities of the issuer; except that each of the
Purchasers, acting independently, may acquire from time to time with personal
funds additional shares of Common Stock to hold as an investment.
b. An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the issuer or any of its subsidiaries;
c. A sale or transfer of a material amount of assets of the issuer or any
of its subsidiaries;
d. Any change in the present board of directors or management of the
issuer, including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the board;
e. Any material change in the present capitalization or dividend policy of
the issuer;
f. Any other material change in the issuer's business (except for
supporting management's announced business plans) or corporate structure;
g. Changes in the issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control of the
issuer by any person;
h. Causing a class of securities of the issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities association;
i. A class of equity securities of the issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Act; or
j. Any action similar to any of those enumerated above.
- 6 -
<PAGE> 11
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Below is set forth information regarding the securities held by the
Purchasers:
a. Number of shares beneficially owned: Matthew J. Marron, Jr.
Number of Shares Percentage
40,100 .51%
b. Number of shares as to which there is:
(i) Sole power to vote or to direct the vote:
40,100
(ii) Shared power to vote or direct the vote:
- 0 -
(iii) Sole power to dispose or to direct the disposition:
40,100
(iv) Shared power to dispose or to direct the disposition:
- 0 -
a. Number of shares beneficially owned: Joe F. Ogburn
Number of Shares Percentage
155,976* 2.0%
*The above total includes 20,000 shares subject to employee stock
options held by Mr. Ogburn which are presently exercisable.
b. Number of shares as to which there is:
(i) Sole power to vote or to direct the vote:
155,426
(ii) Shared power to vote or direct the vote:
- 7 -
<PAGE> 12
550
(iii) Sole power to dispose or to direct the disposition:
155,426
(iv) Shared power to dispose or to direct the disposition:
550
(v) Parties with whom stock powers are shared:
Mr. Ogburn may be deemed to share the power to vote
and to direct the disposition with respect to an aggregate of
550 shares of Common Stock held by his wife, Jessie S. Ogburn.
Information with respect to Mrs. Ogburn is set forth below:
MRS. JESSIE S. OGBURN
Teacher
208 Belvedere Avenue
Shelby, North Carolina 28150
Business Address:
Shelby High School
East Dixon Boulevard
Shelby, North Carolina 28150
During the last five years, the above individual has
not been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) and has not been a party
to a civil proceeding of a judicial or administrative body of
competent jurisdiction resulting in a final judgment, final
decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to
such laws. The foregoing individual is a United States
citizen.
a. Number of shares beneficially owned: Charles M. Bolt
Number of Shares Percentage
284,556* 3.6%
*The above total includes 20,000 shares subject to employee stock
options held by Mr. Bolt which are presently exercisable.
- 8 -
<PAGE> 13
b. Number of shares as to which there is:
(i) Sole power to vote or to direct the vote:
284,556
(ii) Shared power to vote or direct the vote:
- 0 -
(iii) Sole power to dispose or to direct the disposition:
284,556
(iv) Shared power to dispose or to direct the disposition:
- 0 -
a. Number of shares beneficially owned: Charles C. Mickel
Number of Shares Percentage
857,181* 10.9%
*Mr. Mickel owns 812,658 shares of Common Stock of RSI Holdings, Inc.,
directly. Mr. Mickel is an officer and a director of Center, Inc., and Micco
Corporation, a corporation of which he is an officer, director and one quarter
shareholder, owns one-half of the outstanding preferred stock of Center, Inc.
The figure shown above includes 44,523 shares of the Company's common stock
owned by Center, Inc. Mr. Mickel disclaims beneficial ownership of the shares
owned by Center, Inc.
b. Number of shares as to which there is:
(i) Sole power to vote or to direct the vote:
812,658
(ii) Shared power to vote or direct the vote:
44,523
(iii) Sole power to dispose or to direct the disposition:
812,658
- 9 -
<PAGE> 14
(iv) Shared power to dispose or to direct the disposition:
44,523
(v) Parties with whom stock powers are shared:
Mr. Mickel may be deemed to share the power to vote
and to direct the disposition with respect to an aggregate of
44,523 shares of Common Stock held by Center, Inc. Information
with respect to Center, Inc. is set forth below:
a. State of organization: South Carolina
b. Principal business: Investments
c. Address of principal business and office:
Post Office Box 9278
Greenville, SC 29604-9278
The other directors and executive officers of Center,
Inc., are as follows:
C. THOMAS WYCHE (President, Secretary and Director)
Attorney
Business Address:
Wyche, Burgess, Freeman & Parham, P.A. (Law Firm)
Post Office Box 728
Greenville, SC 29602
E. J. HOOPER (Assistant Secretary)
Administrative Assistant
Wyche, Burgess, Freeman & Parham, P.A. (Law Firm)
Post Office Box 728
Greenville, SC 29602
During the last five years, the above individuals have not
been convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors) and have not been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction resulting in a final judgment, final decree or final order
enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any violation
with respect to such laws. The foregoing individuals are citizens of
the United States.
- 10 -
<PAGE> 15
a. Number of shares beneficially owned: Minor Mickel Shaw
Number of Shares Percentage
822,122* 10.4%
*Mrs. Shaw owns 802,188 shares of Common Stock of RSI Holdings, Inc.,
directly. Each of Mrs. Shaw and her husband is custodian for three accounts for
the benefit of their children under the Uniform Gift to Minors Act. The figure
shown above includes the aggregate of 19,934 shares of Common Stock held in
these accounts. Mrs. Shaw is sole custodian for 2,748 of the shares of Common
Stock held by these accounts. Mrs. Shaw's husband is sole custodian for 17,186
shares of Common Stock held by these accounts. Mrs. Shaw disclaims beneficial
ownership of the shares of Common Stock for which her husband is sole custodian.
b. Number of shares as to which there is:
(i) Sole power to vote or to direct the vote:
804,936 (includes 2,748 shares held as custodian)
(ii) Shared power to vote or direct the vote:
17,186
(iii) Sole power to dispose or to direct the disposition:
804,936 (includes 2,748 shares held as custodian)
(iv) Shared power to dispose or to direct the disposition:
17,186
(v) Parties with whom stock powers are shared:
Mrs. Shaw may be deemed to share the power to vote
and to direct the disposition with respect to an aggregate of
17,186 shares of Common Stock held by her husband, Dr. Harold
Shaw, as custodian for their children. Information with
respect to Dr. Shaw is set forth below:
DR. HAROLD SHAW
Ophthalmologist
Jervey Eye Group
Business Address:
Cross Creek Medical Park
- 11 -
<PAGE> 16
20-A Medical Ridge Drive
Greenville, South Carolina 29605
During the last five years, the above individual has
not been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) and has not been a party
to a civil proceeding of a judicial or administrative body of
competent jurisdiction resulting in a final judgment, final
decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to
such laws. The foregoing individual is a United States
citizen.
a. Number of shares beneficially owned: Mary W. Murphy
Number of Shares Percentage
12,092* Less than one-quarter percent
*The above total includes 5,000 shares subject to employee stock
options held by Ms. Murphy which are presently exercisable.
b. Number of shares as to which there is:
(i) Sole power to vote or to direct the vote:
11,921
(ii) Shared power to vote or direct the vote:
171
(iii) Sole power to dispose or to direct the disposition:
11,921
(iv) Shared power to dispose or to direct the disposition:
171
(v) Parties with whom stock powers are shared:
Ms. Murphy may be deemed to share the power to vote
and to direct the disposition with respect to an aggregate of
171 shares of Common Stock held by her husband, Mr. Jerry
Murphy. Information with respect to Mr. Murphy is set forth
below:
- 12 -
<PAGE> 17
MR. JERRY MURPHY
Postmaster
201 Wiltshire Court, Easley, SC 29642
Business Address:
Postmaster
United States Post Office
Travelers Rest, SC 29690
During the last five years, the above individual
has not been convicted in a criminal proceeding
(excluding traffic violations or similar
misdemeanors) and has not been a party to a civil
proceeding of a judicial or administrative body of
competent jurisdiction resulting in a final
judgment, final decree or final order enjoining
future violations of, or prohibiting or mandating
activities subject to, federal or state securities
laws or finding any violation with respect to such
laws. The foregoing individual is a United States
citizen.
c. Description of transactions in the class of securities effected
during the past sixty days:
Other than the transactions described in response to Item 3, there have
been no transactions within the last 60 days in the shares of RSI Holdings,
Inc., by any of the Purchasers.
d. Statement regarding right of any other person to receive or the
power to direct the receipt of dividends from, or the proceeds from the sale of
such securities.
Not applicable.
e. Statement regarding the date on which the reporting person ceased to
be the beneficial owner of more than five percent of the class of securities.
Not applicable.
ITEM 6 CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
Not applicable
ITEM 7 MATERIAL TO BE FILED AS EXHIBITS
1. Agreement among signortories of this form pursuant to Rule 13d-1(f)
with respect to its filing.
- 13 -
<PAGE> 18
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.
November 21, 1996
- ---------------------------- /s/ Joe F. Ogburn
Date -------------------------
Joe F. Ogburn
/s/ Charles M. Bolt
-------------------------
Charles M. Bolt
/s/ Charles C. Mickel
-------------------------
Charles C. Mickel
/s/ Minor M. Shaw
-------------------------
Minor M. Shaw
/s/ Mary W. Murphy
-------------------------
Mary W. Murphy
- 14 -
<PAGE> 1
EXHIBIT 1.
AGREEMENT
This Agreement is made as of this 21st day of November, 1996.
This will confirm the agreement by and among each of the undersigned
individuals that the Schedule 13D filed on or about this date with respect to
the beneficial ownership of each of the undersigned of shares of the common
stock of RSI Holdings, Inc., a North Carolina corporation, is being filed on
behalf of each of the individuals named below.
This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.
/s/ Joe F. Ogburn
-------------------------
Joe F. Ogburn
/s/ Charles M. Bolt
-------------------------
Charles M. Bolt
/s/ Charles C. Mickel
-------------------------
Charles C. Mickel
/s/ Minor M. Shaw
-------------------------
Minor M. Shaw
/s/ Mary W. Murphy
-------------------------
Mary W. Murphy
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