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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)(c), AND (d) AND AMENDMENTS THERETO
FILED PURSUANT TO 13d-2(b)
(Amendment No. 5) *
CFSB Bancorp, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
124927 10 4
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(CUSIP Number)
N/A
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(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[x] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* 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 14 pages<PAGE>
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CUSIP No. 124927 10 4 13G Page 2 of 14 Pages
1. NAMES OF REPORTING PERSONS:
CFSB Bancorp, Inc. Employee Stock Ownership Plan
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
38-2920051
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [ ]
(b) [ X ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Michigan
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 0
6. SHARED VOTING POWER 706,211
7. SOLE DISPOSITIVE POWER: 0
8. SHARED DISPOSITIVE POWER: 706,211
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 706,211
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9) EXCLUDES CERTAIN
SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 8.7%
12. TYPE OF REPORTING PERSON: EP
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CUSIP No. 124927 10 4 13G Page 3 of 14 Pages
1. NAMES OF REPORTING PERSONS:
David H. Brogan
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
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 of America
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 82,898
6. SHARED VOTING POWER 24,574
7. SOLE DISPOSITIVE POWER: 82,898
8. SHARED DISPOSITIVE POWER: 24,574
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 107,472
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 1.3%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 124927 10 4 13G Page 4 of 14 Pages
1. NAMES OF REPORTING PERSONS:
William C. Hollister
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
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 of America
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 105,310
6. SHARED VOTING POWER 24,574
7. SOLE DISPOSITIVE POWER: 105,310
8. SHARED DISPOSITIVE POWER: 24,574
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 129,884
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 1.6%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 124927 10 4 13G Page 5 of 14 Pages
1. NAMES OF REPORTING PERSONS:
James L. Reutter
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
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 of America
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 149,136
6. SHARED VOTING POWER 24,574
7. SOLE DISPOSITIVE POWER: 149,136
8. SHARED DISPOSITIVE POWER: 24,574
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 173,710
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 2.1%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 124927 10 4 13G Page 6 of 14 Pages
1. NAMES OF REPORTING PERSONS:
John W. Abbott
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
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 of America
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 122,607
6. SHARED VOTING POWER 24,574
7. SOLE DISPOSITIVE POWER: 122,607
8. SHARED DISPOSITIVE POWER: 24,574
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 147,181
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 1.8%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 124927 10 4 13G Page 7 of 14 Pages
1. NAMES OF REPORTING PERSONS:
Robert H. Becker
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
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 of America
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 550,182
6. SHARED VOTING POWER 24,574
7. SOLE DISPOSITIVE POWER: 550,182
8. SHARED DISPOSITIVE POWER: 24,574
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 574,756
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 7.0%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 124927 10 4 13G Page 8 of 14 Pages
1. NAMES OF REPORTING PERSONS:
Jane M. Judge McMillian
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
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 of America
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 2,346
6. SHARED VOTING POWER 24,574
7. SOLE DISPOSITIVE POWER: 2,346
8. SHARED DISPOSITIVE POWER: 24,574
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 26,920
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 0.3%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 124927 10 4 13G Page 9 of 14 Pages
1. NAMES OF REPORTING PERSONS:
Rick L. Laber
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY:)
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 of America
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 745
6. SHARED VOTING POWER 24,574
7. SOLE DISPOSITIVE POWER: 745
8. SHARED DISPOSITIVE POWER: 24,574
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 25,319
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 0.3%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 124927 10 4 13G Page 10 of 14 Pages
1. NAMES OF REPORTING PERSONS:
Jack G. Nimphie
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
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 of America
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 50,264
6. SHARED VOTING POWER 24,574
7. SOLE DISPOSITIVE POWER: 50,264
8. SHARED DISPOSITIVE POWER: 24,574
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 75,838
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 0.9%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 124927 10 4 13G Page 11 of 14 Pages
1. NAMES OF REPORTING PERSONS:
C. Wayne Weaver
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
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 of America
Number of Shares Beneficially Owned by Each Reporting Person
with:
5. SOLE VOTING POWER 41,833
6. SHARED VOTING POWER 24,574
7. SOLE DISPOSITIVE POWER: 41,833
8. SHARED DISPOSITIVE POWER: 24,574
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 66,407
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 0.8%
12. TYPE OF REPORTING PERSON: IN
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Page 12 of 14 Pages
Securities and Exchange Commission
Washington, D.C. 20549
ITEM 1(a) NAME OF ISSUER.
CFSB Bancorp, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.
112 East Allegan Street
Lansing, Michigan 48933
ITEM 2(a) NAME OF PERSON(S) FILING.
CFSB Bancorp, Inc. Employee Stock Ownership Plan Trust
("ESOP"), and the following individuals who serve (i) as its
trustees and (ii) as members of the ESOP committee: David H.
Brogan, William C. Hollister, James L. Reutter, John W. Abbott,
Robert H. Becker, Jane M. Judge McMillian, Rick L. Laber, Jack G.
Nimphie, and C. Wayne Weaver.
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE.
Same as Item 1(b).
ITEM 2(c) CITIZENSHIP.
See Row 4 of the second part of the cover page
provided for each reporting person.
ITEM 2(d) TITLE OF CLASS OF SECURITIES.
Common Stock, par value $0.01 per share.
ITEM 2(e) CUSIP NUMBER.
See the upper left corner of the second part of the
cover page provided for each reporting person.
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR
13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(f) [x] An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
If this statement is filed pursuant to Rule 13d-1 (c), check
this box. [x]
Items (a), (b), (c), (d), (e), (g), (h), (i), and (j) are
not applicable. This Schedule 13G is being filed on behalf of
the ESOP identified in Item 2(a), filing under the Item 3(f)
classification, and by each trustee of the trust established
pursuant to the ESOP, filing pursuant to Rule 13d-1(c) and
applicable SEC no-action letters. <PAGE>
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Page 13 of 14 Pages
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned: See Row 9 of the
second part of the cover page provided for each
reporting person.
(b) Percent of Class: See Row 11 of the second part
of the cover page provided for each reporting
person.
(c) See Rows 5, 6, 7, and 8 of the second part of the
cover page provided for each reporting person.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that
as of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following: [ ]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Pursuant to Section 6.7 of the ESOP, the Board of
Directors has the power to direct the receipt of dividends on
shares held in the ESOP trust.
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, each signatory in the capacity of an
ESOP trustee certifies that, to the best of his or her knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
By signing below, each signatory in his or her
individual capacity certifies that, to the best of his or her
knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.<PAGE>
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Page 14 of 14 Pages
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.
CFSB BANCORP, INC.
EMPLOYEE STOCK OWNERSHIP PLAN
By Its Trustees:
/s/ David H. Brogan January 19, 1999
__________________________________ ________________
David H. Brogan, as Trustee and Date
Individual Stockholder
/s/ William C. Hollister January 19, 1999
__________________________________ _________________
William C. Hollister, as Trustee Date
and Individual Stockholder
/s/ James L. Reutter January 19, 1999
__________________________________ ________________
James L. Reutter, as Trustee and Date
Individual Stockholder
/s/ John W. Abbott January 19, 1999
_________________________________________ ________________
John W. Abbott, Plan Committee Member Date
and Individual Stockholder
/s/ Robert H. Becker January 19, 1999
_________________________________________ ________________
Robert H. Becker, Plan Committee Member Date
and Individual Stockholder
/s/ Jane M. Judge McMillian January 19, 1999
_________________________________________ ________________
Jane M. Judge McMillian, Plan Committee Date
Member and Individual Stockholder
/s/ Rick L. Laber January 19, 1999
_________________________________________ ________________
Rick L. Laber, Plan Committee Member Date
and Individual Stockholder
/s/ Jack G. Nimphie January 19, 1999
_________________________________________ ________________
Jack G. Nimphie, Plan Committee Member Date
and Individual Stockholder
/s/ C. Wayne Weaver January 19, 1999
_________________________________________ ________________
C. Wayne Weaver, Plan Committee Member Date
and Individual Stockholder
