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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Amendment No. 1
to
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO
Hamilton Bancorp Inc.
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(Name of Issuer)
Common Stock, par value 1(cent) per share
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(Title of Class of securities)
407013 10 1
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(CUSIP number)
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CUSIP NO. 407013 10 1 13G PAGE 2 OF 5 PAGES
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1. NAME OF REPORTING PERSONS Eduardo A. Masferrer
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A.
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NUMBER OF 5. SOLE VOTING POWER 744,102
SHARES
BENEFICIALLY ----------------------------------------------------
OWNED BY 6. SHARED VOTING POWER 17,687
EACH
REPORTING ----------------------------------------------------
PERSON WITH 7. SOLE DISPOSITIVE POWER 792,852
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8. SHARED DISPOSITIVE POWER 17,687
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 810,539
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.0%
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12. TYPE OF REPORTING PERSON* IN
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ITEM 1 (a) NAME OF ISSUER: Hamilton Bancorp Inc.
ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL
EXECUTIVE OFFICES: 3750 N.W. 87th Avenue
Miami, Florida 33178
ITEM 2 (a) NAME OF PERSON FILING: Eduardo A. Masferrer
ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE
OR, IF NONE, RESIDENCE: 3750 N.W. 87th Avenue
Miami, Florida 33178
ITEM 2 (c) CITIZENSHIP: U.S.A.
ITEM 2 (d) TITLE OF CLASS OF SECURITIES: Common Stock, par value
1(cent) per share
ITEM 2 (e) CUSIP NUMBER: 407013 10 1
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT
TO RULES 13d-1(b), OR 13d-2(b), CHECK
WHETHER THE PERSON IS FILING IS A: Not Applicable
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned: 810,539
On February 11, 1998 Mr. Masferrer filed a Schedule 13G
disclosing, among other things, that prior to the public
offering of Hamilton Bancorp Inc. Common Stock in 1997 he had
made a gift of 403,000 shares of Hamilton Bancorp Inc. Common
Stock in trust for the benefit of his and his wife's children.
The terms of the trusts required the return of some of the
shares of Hamilton Bancorp Inc. Common Stock to Mr. Masferrer
under certain circumstances. In addition, in 1997 most of the
beneficiaries were minors living in his household or otherwise
supported by him. Although Mr. Masferrer disclaimed beneficial
interest in the trusts in the 1998 Schedule 13G filing, for
the foregoing reasons he included such shares in his filing in
an overabundance of caution.
In 1998 and 1999 under the terms of the trusts an aggregate of
90,911 shares of Hamilton Bancorp Inc. Common Stock were
returned to Mr. Masferrer. Under the terms of the trusts, Mr.
Masferrer no longer has any reversionary rights to any of the
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trust assets upon completion of these returns of shares. In
addition, by the fall of 1999 most of the beneficiaries of the
trusts are of legal age and no longer reside in his household.
Mr. Masferrer has no rights, directly or beneficially, to
acquire, dispose or vote the assets of the trusts.
Accordingly, Mr. Masferrer will no longer include such shares
in his Schedule 13G and Section 16 filings with the Securities
and Exchange Commission.
The 810,539 shares of Hamilton Bancorp Inc. Common Stock owned
by Mr. Masferrer include (i) 48,750 shares of Common Stock
issuable upon exercise of options granted to Mr. Masferrer
under the Hamilton Bancorp Inc. 1993 Stock Option Plan for Key
Employees and Directors and (ii) 17,687 shares of Common Stock
held by Mr. Masferrer and his wife, Maura A. Acosta, as joint
tenants with rights of survivorship.
(b) Percent of class: 8.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the
vote 744,102
(ii) Shared power to vote or to direct the
vote 17,687
(iii) Sole power to dispose or to direct the
disposition of 792,852
(iv) Shared power to dispose or to direct the
disposition of 17,687
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A
CLASS. Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT
ON BEHALF OF ANOTHER PERSON. Not Applicable
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. Not Applicable
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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.
OCTOBER 28, 1999
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(Date)
/s/ Eduardo A. Masferrer
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(Signature)
Eduardo A. Masferrer
(Name/Title)
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