<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
National Vision Associates, Ltd.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
638459107
- --------------------------------------------------------------------------------
(CUSIP Number)
Kimberley E. Thompson, c/o ITC Holding Company, Inc.
1239 O.G. Skinner Drive, West Point, GA 31833 (703) 619-9678
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
September 1, 1998
- --------------------------------------------------------------------------------
(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. [ ]
* 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. 638459107 Page 2 of 24 Pages
--------- ----- ------
<S> <C>
- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
CAMPBELL B. LANIER, III
- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [_]
- ----------------------------------------------------------------------------------------------------------------------------
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 OF AMERICA
- ----------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
153,832
NUMBER OF --------------------------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 750
OWNED BY
REPORTING --------------------------------------------------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 153,832
--------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
750
- ----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
154,582
- ----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_]
- ----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
- ----------------------------------------------------------------------------------------------------------------------------
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.
<PAGE> 3
SCHEDULE 13D
<TABLE>
<CAPTION>
CUSIP No. 638459107 Page 3 of 24 Pages
--------- ----- ------
<S> <C>
- --------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
JANE LANIER
- --------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [_]
- --------------------------------------------------------------------------------------------------------------------------------
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 OF AMERICA
- --------------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
----------------------------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 750
OWNED BY
EACH ----------------------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
WITH
----------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
750
- --------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
750
- --------------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_]
- -------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
LESS THAN 0.1%
- -------------------------------------------------------------------------------------------------------------------------------
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.
<PAGE> 4
SCHEDULE 13D
<TABLE>
<CAPTION>
CUSIP No. 638459107 Page 4 of 24 Pages
--------- ----- ------
<S> <C>
- ------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
CAMPBELL B. LANIER, IV
- ------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [_]
- ------------------------------------------------------------------------------------------------------------------------------
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 OF AMERICA
- ------------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
25,550
NUMBER OF ------------------------------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY
EACH ------------------------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 25,550
WITH
------------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- ------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,550
- ------------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_]
- ------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
- ------------------------------------------------------------------------------------------------------------------------------
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.
<PAGE> 5
SCHEDULE 13D
<TABLE>
<CAPTION>
CUSIP No. 638459107 Page 5 of 24 Pages
--------- ----- ------
<S> <C>
- --------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
ITC SERVICE COMPANY
- --------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [_]
- --------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,110,448
-------------------------------------------------------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES -0-
BENEFICIALLY
OWNED BY -------------------------------------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,110,448
PERSON
WITH -------------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,110,448
- --------------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_]
- --------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.2%
- --------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------------------------------------------------------
</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.
<PAGE> 6
SCHEDULE 13D
<TABLE>
<CAPTION>
CUSIP No. 638459107 Page 6 of 24 Pages
--------- ----- ------
<S> <C>
- ---------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
CAMPBELL B. LANIER, III GRANTOR RETAINED ANNUITY TRUST
- ---------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [_]
- ---------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- ---------------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
- ---------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
GEORGIA
- ---------------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
700,000
NUMBER OF ---------------------------------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY
EACH ---------------------------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 700,000
WITH
---------------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- ---------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
700,000
- ---------------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_]
- ---------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.3%
- ---------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
00
- ---------------------------------------------------------------------------------------------------------------------------------
</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.
<PAGE> 7
SCHEDULE 13D
<TABLE>
<CAPTION>
- --------------------------------- ---------------------------------------
CUSIP No. 638459107 Page 7 of 24 Pages
--------- --- ----
- --------------------------------- ---------------------------------------
<S> <C>
- -------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
WILLIAM H. SCOTT, III
- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------
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 OF AMERICA
- ------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
782,782 (1)
NUMBER OF --------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY
EACH --------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 782,782 (1)
WITH
--------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
782,782 (1)
- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.7%
- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------------------------------------
</TABLE>
(1) INCLUDES 700,000 SHARES OF COMMON STOCK OWNED BY THE CAMPBELL B. LANIER,
III GRANTOR RETAINED ANNUITY TRUST OF WHICH MR. SCOTT IS THE SOLE TRUSTEE.
*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.
<PAGE> 8
SCHEDULE 13D
<TABLE>
<CAPTION>
- --------------------------------- ---------------------------------------
CUSIP No. 638459107 Page 8 of 24 Pages
--------- --- ----
- --------------------------------- ---------------------------------------
- -------------------------------------------------------------------------------------------------------------
<S> <C>
- -------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
MARTHA J. SCOTT
- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------
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 OF AMERICA
- -------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
28,000 (1)
NUMBER OF --------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY
EACH --------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 28,000 (1)
WITH
--------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,000 (1)
- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------------------------------------
</TABLE>
(1) INCLUDES 10,000 SHARES OF COMMON STOCK OWNED BY THE WILLIAM H. SCOTT, III
IRREVOCABLE TRUST F/B/O MARY MARTHA SCOTT OF WHICH MRS. SCOTT IS THE SOLE
TRUSTEE.
*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.
<PAGE> 9
SCHEDULE 13D
<TABLE>
<CAPTION>
- --------------------------------- ---------------------------------------
CUSIP No. 638459107 Page 9 of 24 Pages
--------- --- ----
- --------------------------------- ---------------------------------------
<S> <C>
- -------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
WILLIAM H. SCOTT, III IRREVOCABLE TRUST F/B/O MARY MARTHA SCOTT
- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
GEORGIA
- ------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
10,000
NUMBER OF --------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY
EACH --------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 10,000
WITH
--------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,000
- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
LESS THAN 0.1%
- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------------------------------------
</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.
<PAGE> 10
SCHEDULE 13D
<TABLE>
<CAPTION>
- --------------------------------- ---------------------------------------
CUSIP No. 638459107 Page 10 of 24 Pages
--------- ---- -----
- --------------------------------- ---------------------------------------
- -------------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
BRYAN W. ADAMS
- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------
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 OF AMERICA
- ------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
8,000
NUMBER OF --------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY
EACH --------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 8,000
WITH
--------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,000
- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
LESS THAN 0.1%
- -------------------------------------------------------------------------------------------------------------
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.
<PAGE> 11
SCHEDULE 13D
<TABLE>
<CAPTION>
- --------------------------------- ---------------------------------------
CUSIP No. 638459107 Page 11 of 24 Pages
--------- ------ ------
- --------------------------------- ---------------------------------------
- -------------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
J. DOUGLAS COX
- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------
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 OF AMERICA
- -------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
48,406
NUMBER OF --------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY
EACH --------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 48,406
WITH
--------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,406
- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
- -------------------------------------------------------------------------------------------------------------
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.
<PAGE> 12
SCHEDULE 13D
<TABLE>
<CAPTION>
- --------------------------------- ---------------------------------------
CUSIP No. 638459107 Page 12 of 24 Pages
--------- ---- ----
- --------------------------------- ---------------------------------------
- -------------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
SANDY COX
- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------
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 OF AMERICA
- ------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
29,900
NUMBER OF --------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY
EACH --------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 29,900
WITH
--------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
29,900
- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
- -------------------------------------------------------------------------------------------------------------
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.
<PAGE> 13
CUSIP No. 638459107 Page 13 of 24 Pages
This statement amends the Schedule 13D filed with the Securities and
Exchange Commission on August 19, 1998 by Campbell B. Lanier, III ("Mr.
Lanier"), Jane Lanier ("Mrs. Lanier"), Campbell B. Lanier, IV ("Mr. Lanier IV"),
ITC Service Company ("ITC Service") and Campbell B. Lanier, III Grantor Retained
Annuity Trust (the "Lanier Trust"), relating to the Common Stock, par value $.01
per share (the "Common Stock"), of National Vision Associates, LTD., a Delaware
corporation (the "Company").
ITEM 2. IDENTITY AND BACKGROUND
Item 2 is hereby amended and restated in its entirety as follows:
This statement is being filed by Mr. Lanier, Mrs. Lanier, ITC Service,
Mr. Lanier IV, the Lanier Trust, William H. Scott, III ("Mr. Scott"), Martha J.
Scott ("Mrs. Scott"), the William H. Scott, III Irrevocable Trust f/b/o Mary
Martha Scott (the "Scott Trust"), Bryan W. Adams ("Mr. Adams"), J. Douglas Cox
("Mr. Cox") and Sandy Cox ("Mrs. Cox" and, together with Mr. and Mrs. Lanier,
Mr. Lanier IV, ITC Service, the Lanier Trust, Mr. and Mrs. Scott, the Scott
Trust, Mr. Adams and Mr. Cox, the "Reporting Persons").
Mr. Lanier's principal occupation is Chairman, Chief Executive Officer
and a director of ITC Holding Company, Inc. ("ITC Holding"). Mr. Lanier is also
a director of the Company. Mrs. Lanier's principal occupation is homemaker. Mr.
Lanier IV's principal occupation is manager of Enon Plantation, a hunting
preserve. Mr. Scott's principal occupation is President and director of ITC
Holding. Mrs. Scott's principal occupation is homemaker. Mr. Adams' principal
occupation is Senior Vice President and Chief Financial Officer of ITC Holding.
Mr. Cox's principal occupation is Senior Vice President, Corporate Development
of ITC Holding. Mrs. Cox's principal occupation is homemaker. The business
address of Mr. and Mrs. Lanier, Mr. Lanier IV, Mr. and Mrs. Scott, Mr. Adams and
Mr. and Mrs. Cox is c/o ITC Holding Company, Inc., 1239 O.G. Skinner Drive, West
Point, Georgia 31833.
During the last five years, none of Mr. Lanier, Mrs. Lanier, Mr. Lanier
IV, Mr. Scott, Mrs. Scott, Mr. Adams, Mr. Cox or Mrs. Cox has been (i) convicted
in a criminal proceeding (excluding traffic violations and similar misdemeanors)
or (ii) a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, 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.
ITC Service, a Georgia corporation and a wholly owned subsidiary of ITC
Holding, provides management services to all entities wholly owned by ITC
Holding and provides management consulting to other entities in which ITC
Holding holds an interest. The business address of ITC Service is 1239 O.G.
Skinner Drive, West Point, Georgia 31833. During the last five years, ITC
Service has not been (i) convicted in a criminal proceeding (excluding traffic
violations and similar misdemeanors) or (ii) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or a finding of any violation with respect to such
laws. Attached as Appendix I hereto and incorporated herein by reference is a
list containing the (a) name, (b) business or residential address, and (c)
present principal occupation or employment and the name, principal business and
address of any corporation or other organization in which such employment is
conducted, of each director and executive officer of ITC Service. To the
knowledge of ITC Service, each of the directors and executive officers listed on
Appendix I hereto is a
<PAGE> 14
CUSIP No. 638459107 Page 14 of 24 Pages
United States citizen, and none of such directors and executive officers has,
during the past five years,been (i) convicted in a criminal proceeding
(excluding traffic violations and similar misdemeanors) or (ii) a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is subject to a judgment, 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.
ITC Holding is a holding company engaged through subsidiaries and other
ownership interests in a variety of service businesses, primarily in the
telecommunications industry. The business address of ITC Holding is 1239 O.G.
Skinner Drive, West Point, Georgia 31833. During the last five years, ITC
Holding has not been (i) convicted in a criminal proceeding (excluding traffic
violations and similar misdemeanors) or (ii) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or a finding of any violation with respect to such
laws. Attached as Appendix II hereto and incorporated herein by reference is a
list containing the (a) name, (b) business or residential address, and (c)
present principal occupation or employment and the name, principal business and
address of any corporation or other organization in which such employment is
conducted, of each director and executive officer of ITC Holding. To the
knowledge of ITC Service, each of the directors and executive officers listed on
Appendix II hereto is a United States citizen, and none of such directors and
executive officers has, during the past five years, been (i) convicted in a
criminal proceeding (excluding traffic violations and similar misdemeanors) or
(ii) a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, 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 Campbell Trust is a grantor retained annuity trust established by Mr.
Lanier under the laws of the state of Georgia. Mr. Scott is the trustee of the
Lanier Trust and holds both voting and dispositive control over those shares of
Common Stock owned by the Lanier Trust. During the last five years, the Lanier
Trust has not been (i) convicted in a criminal proceeding (excluding traffic
violations and similar misdemeanors) or (ii) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, 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
business address of the Lanier Trust is c/o ITC Holding Company, Inc., 1239 O.G.
Skinner Drive, West Point, Georgia 31833.
The Scott Trust is an irrevocable trust established by Mr. Scott under
the laws of the state of Georgia. Mrs. Scott is the trustee of the Scott Trust
and holds both voting and dispositive control over those shares of Common Stock
owned by the Scott Trust. During the last five years, the Scott Trust has not
been (i) convicted in a criminal proceeding (excluding traffic violations and
similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, 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
business address of the Scott Trust is c/o ITC Holding Company, Inc., 1239 O.G.
Skinner Drive, West Point, Georgia 31833.
<PAGE> 15
CUSIP No. 638459107 Page 15 of 24 Pages
Because of the business and family relationships among the Reporting
Persons, the Reporting Persons may be deemed to be a "group" within the meaning
of the beneficial ownership provisions of the federal securities laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Item 3 is hereby amended by adding the following additional information:
ITC Service purchased 236,500 shares of Common Stock of Common Stock
between August 21, 1998 and October 28, 1998 for an aggregate consideration of
$1,140,663. The funds used to purchase these shares came from the working
capital of ITC Service.
Mr. Scott purchased 25,000 shares of Common Stock on July 14, 1998 for an
aggregate consideration of $153,125. Mr. Scott previously purchased 67,782
shares of Common Stock in 1992. Mr. Scott made a gift of 10,000 shares to the
Scott Trust in 1992. The funds used to purchase these shares came from Mr.
Scott's personal funds.
Mrs. Scott purchased 18,000 shares of Common Stock in 1992. The funds
used to purchase these shares came from Mrs. Scott's personal funds.
Mr. Adams purchased 6,000 shares of Common Stock on May 27, 1998 for an
aggregate consideration of $37,140 and purchased 2,000 shares of Common Stock on
July 22, 1998 for an aggregate consideration of $9,750. The funds used to
purchase these shares came from Mr. Adams' personal funds.
The Scott Trust received 10,000 shares of Common Stock in 1992 from Mr.
Scott in the form of a gift. No consideration was paid by the Scott Trust to Mr.
Scott for these shares.
Mr. Cox purchased 2,168 shares of Common Stock in 1990 for an aggregate
consideration of $477. Mr. Cox also purchased 76,138 shares of Common Stock in
1992 for an aggregate consideration of $16,750. Mr. Cox made a gift of 29,900
shares of Common Stock to Mrs. Cox in 1992. The funds used to purchase these
shares came from Mr. Cox's personal funds.
Mrs. Cox received 29,900 shares of Common Stock in 1992 from Mr. Cox in
the form of a gift. No consideration was paid by Mrs. Cox to Mr. Cox for these
shares.
ITEM 4. PURPOSE OF TRANSACTION
Item 4 is hereby amended and restated in its entirety as follows:
The Reporting Persons have acquired shares of Common Stock in order to
obtain a significant investment position in the Company. Depending upon market
conditions and other factors, it is the current intention of the Reporting
Persons to acquire additional shares of the Common Stock. The Reporting Persons,
however, reserve the right to, and may in the future choose to, change their
purpose with respect to their investment and take such actions as they deem
appropriate in light of the circumstances including, without limitation, to
dispose of all or a portion of the Common Stock which they now own or may
hereafter acquire.
<PAGE> 16
CUSIP No. 638459107 Page 16 of 24 Pages
The Reporting Persons have no present plans or proposals that relate to,
or would result in, an extraordinary corporate transaction involving the
Company, a sale or transfer of any of the Company's assets, a change in the
present Board of Directors or management of the Company, a change in the present
capitalization or dividend policy of the Company, any other material change in
the Company's business or corporate structure, changes in the Company's charter
or bylaws or with respect to the delisting or deregistration of any of the
Company's securities.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 is hereby amended and restated in its entirety as follows:
As of the date of this report, the Reporting Persons beneficially own an
aggregate of 2,187,668 shares of the Company's Common Stock which represents
approximately 10.34% of the 21,157,612 shares of the Company's Common Stock
outstanding as of September 30, 1998.
<TABLE>
<CAPTION>
Mr. Lanier has
<S> <C>
i) sole power to vote or direct the vote 153,832*
ii) shared power to vote or direct the vote 750
iii) sole power to dispose or direct the disposition 153,832*
iv) shared power to dispose or direct the disposition 750
* Includes vested options convertible for an aggregate of 16,875 shares
<CAPTION>
Mrs. Lanier has
<S> <C>
i) sole power to vote or direct the vote 0
ii) shared power to vote or direct the vote 750
iii) sole power to dispose or direct the disposition 0
iv) shared power to dispose or direct the disposition 750
<CAPTION>
Mr. Lanier, IV has
<S> <C>
i) sole power to vote or direct the vote 25,550
ii) shared power to vote or direct the vote 0
iii) sole power to dispose or direct the disposition 25,550
iv) shared power to dispose or direct the disposition 0
<CAPTION>
ITC Service has
<S> <C>
i) sole power to vote or direct the vote 1,110,448
ii) shared power to vote or direct the vote 0
iii) sole power to dispose or direct the disposition 1,110,448
iv) shared power to dispose or direct the disposition 0
</TABLE>
<PAGE> 17
CUSIP No. 638459107 Page 17 of 24 Pages
<TABLE>
<CAPTION>
Lanier Trust has
<S> <C>
i) sole power to vote or direct the vote 700,000
ii) shared power to vote or direct the vote 0
iii) sole power to dispose or direct the disposition 700,000
iv) shared power to dispose or direct the disposition 0
<CAPTION>
Mr. Scott has
<S> <C>
i) sole power to vote or direct the vote 782,782 (1)
ii) shared power to vote or direct the vote 0
iii) sole power to dispose or direct the disposition 782,782 (1)
iv) shared power to dispose or direct the disposition 0
(1) Includes 700,000 shares of Common Stock owned by the
Lanier Trust of which Mr. Scott is the sole trustee.
<CAPTION>
Mrs. Scott has
<S> <C>
i) sole power to vote or direct the vote 28,000 (2)
ii) shared power to vote or direct the vote 0
iii) sole power to dispose or direct the disposition 28,000 (2)
iv) shared power to dispose or direct the disposition 0
(2) Includes 10,000 shares of Common Stock owned by the
Scott Trust of which Mrs. Scott is the sole trustee.
<CAPTION>
Scott Trust has
<S> <C>
i) sole power to vote or direct the vote 10,000
ii) shared power to vote or direct the vote 0
iii) sole power to dispose or direct the disposition 10,000
iv) shared power to dispose or direct the disposition 0
<CAPTION>
Mr. Adams has
<S> <C>
i) sole power to vote or direct the vote 8,000
ii) shared power to vote or direct the vote 0
iii) sole power to dispose or direct the disposition 8,000
iv) shared power to dispose or direct the disposition 0
</TABLE>
<PAGE> 18
CUSIP No. 638459107 Page 18 of 24 Pages
<TABLE>
<CAPTION>
Mr. Cox has
<S> <C>
i) sole power to vote or direct the vote 48,406
ii) shared power to vote or direct the vote 0
iii) sole power to dispose or direct the disposition 48,406
iv) shared power to dispose or direct the disposition 0
<CAPTION>
Mrs. Cox has
<S> <C>
i) sole power to vote or direct the vote 29,900
ii) shared power to vote or direct the vote 0
iii) sole power to dispose or direct the disposition 29,900
iv) shared power to dispose or direct the disposition 0
</TABLE>
The Reporting Persons have engaged in the following transactions in the
Company's Common Stock since the initial Schedule 13D was filed on August 19,
1998:
<TABLE>
<CAPTION>
REPORTING NUMBER OF PRICE TYPE OF
PERSON DATE SHARES PER SHARE TRANSACTION
<S> <C> <C> <C> <C>
ITC Service 21-Aug-98 40,000 5.812 Open Market
ITC Service 25-Aug-98 7,000 5.81 Open Market
ITC Service 28-Aug-98 2,000 5.06 Open Market
ITC Service 28-Aug-98 10,000 5.06 Open Market
ITC Service 31-Aug-98 15,000 4.94 Open Market
ITC Service 1-Sep-98 11,000 4.69 Open Market
ITC Service 1-Sep-98 25,000 4.81 Open Market
ITC Service 3-Sep-98 35,000 4.69 Open Market
ITC Service 4-Sep-98 3,000 4.69 Open Market
ITC Service 8-Sep-98 22,500 4.69 Open Market
ITC Service 9-Sep-98 21,000 4.69 Open Market
ITC Service 10-Oct-98 45,000 3.97 Open Market
</TABLE>
No person other than Mr. Lanier has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, the
shares of Common Stock beneficially owned by Mr. Lanier except with respect to
the 750 shares of Common Stock owned by Mrs. Lanier, of which Mrs. Lanier has
such rights.
No person other than Mr. Lanier,IV has the right to receive or the power
to direct the receipt of dividends from, or the proceeds from sale of, the
shares of Common Stock beneficially owned by Mr. Lanier,IV.
<PAGE> 19
CUSIP No. 638459107 Page 19 of 24 Pages
No person other than ITC Service, has the right to receive or the power
to direct the receipt of dividends from, or the proceeds from sale of, the
shares of Common Stock beneficially owned by ITC Service, except that since ITC
Service is a wholly owned subsidiary of ITC Holding, ITC Holding indirectly has
the right to receive and the power to direct the receipt of dividends from, and
the proceeds from the sale of, the shares of Common Stock beneficially owned by
ITC Service.
No person other than Mr. Scott and the Lanier Trust has the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from sale of, the shares of Common Stock beneficially owned by the Lanier Trust.
No person other than Mr. Scott has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from sale of, the shares
of Common Stock beneficially owned by Mr. Scott.
No person other than Mrs. Scott has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from sale of, the shares
of Common Stock beneficially owned by Mrs. Scott.
No person other than Mrs. Scott and the Scott Trust has the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from sale of, the shares of Common Stock beneficially owned by the Scott Trust.
No person other than Mr. Adams has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from sale of, the shares
of Common Stock beneficially owned by Mr. Adams.
No person other than Mr. Cox has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from sale of, the shares
of Common Stock beneficially owned by Mr. Cox.
No person other than Mrs. Cox has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from sale of, the shares
of Common Stock beneficially owned by Mrs. Cox.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
Item 6 is hereby amended and restated in its entirety as follows:
Except as reported above, there are no contracts, arrangements,
understandings, or relationships (legal or otherwise) between any of the
Reporting Persons and any persons with respect to any securities of the Company.
<PAGE> 20
CUSIP No. 638459107 Page 20 of 24 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.
Date: October 30, 1998
/s/ CAMPBELL B. LANIER, III
- -----------------------------------
By: Campbell B. Lanier, III
/s/ JANE LANIER
- -----------------------------------
By: Jane Lanier
/s/ CAMPBELL B. LANIER, IV
- -----------------------------------
By: Campbell B. Lanier, IV
ITC SERVICE COMPANY
/s/ KIMBERLEY E. THOMPSON
- -----------------------------------
By: Kimberley E. Thompson
Title: Senior Vice President - General Counsel
and Secretary
CAMPBELL B. LANIER, III GRANTOR RETAINED ANNUITY TRUST
/s/ WILLIAM H. SCOTT, III
- -----------------------------------
By: William H. Scott, III
Title: Trustee
/s/ WILLIAM H. SCOTT, III
- -----------------------------------
By: William H. Scott, III
<PAGE> 21
CUSIP No. 638459107 Page 21 of 24 Pages
/s/ MARTHA J. SCOTT
- -----------------------------------
By: Martha J. Scott
WILLIAM H. SCOTT, III IRREVOCABLE TRUST f/b/o MARY MARTHA SCOTT
/s/ MARTHA J. SCOTT
- -----------------------------------
By: Martha J. Scott
Title: Trustee
/s/ BRYAN W. ADAMS
- -----------------------------------
By: Bryan W. Adams
/s/ J. DOUGLAS COX
- -----------------------------------
By: J. Douglas Cox
/s/ SANDY COX
- -----------------------------------
By: Sandy Cox
<PAGE> 22
CUSIP No. 638459107 Page 22 of 24 Pages
APPENDIX I
OFFICERS AND DIRECTORS OF ITC SERVICE COMPANY
<TABLE>
<CAPTION>
NAME OF DIRECTOR
OR EXECUTIVE OFFICER PRINCIPAL OCCUPATION
AND BUSINESS ADDRESS OR EMPLOYMENT
- ------------------------ ------------------------
<S> <C>
Campbell B. Lanier, III, Director, Chairman and Chief Executive Officer
Chairman and Chief Executive Officer ITC Holding Company, Inc.
c/o ITC Service Company
1239 O.G. Skinner Drive
West Point, Georgia 31833
William H. Scott, III, Director, Chief Operating Officer and President
President and Chief ITC Holding Company, Inc.
Operating Officer
c/o ITC Service Company
1239 O.G. Skinner Drive
West Point, Georgia 31833
Bryan W. Adams, Senior Vice President, Senior Vice President - Chief Financial Officer
Chief Financial Officer, ITC Holding Company, Inc.
Treasurer and Assistant Secretary
c/o ITC Service Company
1239 O.G. Skinner Drive
West Point, Georgia 31833
Kimberley E. Thompson, Senior Vice President - General Counsel Senior Vice President - General Counsel and
and Secretary Secretary
c/o ITC Service Company ITC Holding Company, Inc.
1239 O.G. Skinner Drive
West Point, Georgia 31833
J. Douglas Cox, Senior Vice President,
Senior Vice President, Corporate Development
Corporate Development ITC Holding Company, Inc.
c/o ITC Service Company
1239 O.G. Skinner Drive
West Point, Georgia 31833
Dabsey M. Gray, Vice President, Vice President, Controller and
Controller and Assistant Secretary Assistant Secretary
c/o ITC Service Company ITC Holding Company, Inc.
1239 O.G. Skinner Drive
West Point, Georgia 31833
</TABLE>
<PAGE> 23
CUSIP No. 638459107 Page 23 of 24 Pages
APPENDIX II
OFFICERS AND DIRECTORS OF ITC HOLDING, INC.
<TABLE>
<CAPTION>
NAME OF DIRECTOR
OR EXECUTIVE OFFICER PRINCIPAL OCCUPATION
AND BUSINESS ADDRESS OR EMPLOYMENT
- ------------------------ ----------------------------------
<S> <C>
Campbell B. Lanier III Chairman and Chief Executive Officer
c/o ITC Holding Company, Inc. ITC Holding Company, Inc.
1239 O.G. Skinner Drive
West Point, GA 31833
William H. Scott, III Chief Operating Officer and President
c/o ITC Holding Company, Inc. ITC Holding Company, Inc.
1239 O.G. Skinner Drive
West Point, GA 31833
J. Douglas Cox Senior Vice President - Corporate Development
c/o ITC Holding Company, Inc. ITC Holding Company, Inc.
1239 O.G. Skinner Drive
West Point, GA 31833
Allen E. Smith Vice President
c/o ITC Holding Company, Inc. ITC Holding Company, Inc.
1239 O.G. Skinner Drive
West Point, GA 31833
Bryan W. Adams Senior Vice President - Chief Financial Officer
c/o ITC Holding Company, Inc. and Assistant Secretary
1239 O.G. Skinner Drive ITC Holding Company, Inc.
West Point, GA 31833
Robert M. Montgomery Vice President
c/o ITC Holding Company, Inc. ITC Holding Company, Inc.
1239 O.G. Skinner Drive
West Point, GA 31833
Kimberley E. Thompson Senior Vice President - General Counsel
c/o ITC Holding Company, Inc. and Secretary
1239 O.G. Skinner Drive ITC Holding Company, Inc.
West Point, GA 31833
Dabsey M. Gray Vice President, Controller and Assistant
c/o ITC Holding Company, Inc. Secretary
1239 O.G. Skinner Drive ITC Holding Company, Inc.
West Point, GA 31833
</TABLE>
<PAGE> 24
CUSIP No. 638459107 Page 24 of 24 Pages
<TABLE>
<S> <C>
J. Smith Lanier, II, Director Chairman and Chief Executive Officer
c/o ITC Holding Company, Inc. J. Smith Lanier & Co.
1239 O.G. Skinner Drive
West Point, GA 31833
William T. Parr, Director Vice Chairman
c/o ITC Holding Company, Inc. J. Smith Lanier & Co.
1239 O.G. Skinner Drive
West Point, GA 31833
Malcolm C. Davenport, V, Director Certified Public Accountant and
c/o ITC Holding Company, Inc. Attorney
1239 O.G. Skinner Drive
West Point, GA 31833
Donald W. Weber, Director Entrepreneur and Consultant
c/o ITC Holding Company, Inc.
1239 O.G. Skinner Drive
West Point, GA 31833
O. Gene Gabbard, Director Entrepreneur and Consultant
c/o ITC Holding Company, Inc.
1239 O.G. Skinner Drive
West Point, GA 31833
William B. Timmerman, Director Chairman and Chief Executive Officer
c/o ITC Holding Company, Inc. SCANA Corporation
1239 O.G. Skinner Drive
West Point, GA 31833
Donald W. Burton, Director President
c/o ITC Holding Company, Inc. South Atlantic Capital Corporation
1239 O.G. Skinner Drive
West Point, GA 31833
Robert A. Dolson, Director Chairman and President
c/o ITC Holding Company, Inc. National Enterprises, Inc.
1239 O.G. Skinner Drive
West Point, GA 31833
</TABLE>
