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Dwain A. Newman
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 5
National Home Centers, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
636-376-105
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(CUSIP Number)
December 31, 1998
-----------------
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] 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).
(Continued on following pages)
Page 1 of 5 Pages
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CUSIP NO. 636-376-105 13G PAGE 2 OF 5 PAGES
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NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S) (ENTITIES ONLY)
Dwain A. Newman
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
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SOLE VOTING POWER
5
NUMBER OF
4,466,264
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 31,738.965 /(1)/
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EACH SOLE DISPOSITIVE POWER
7
REPORTING
4,466,264
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
31,738.965 /(1)/
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
4,498,002.965
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10
[ ]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
62.977%
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TYPE OF REPORTING PERSON
12
IN
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/1/ 14,138.965 shares owned of record by Glenda R. Newman, Mr. Newman's wife,
to which Mr. Newman disclaims beneficial ownership. 7,600 shares owned of
record by Dwain A. Newman and Glenda R. Newman. 5,000 shares owned of
record by Dwain A. Newman, as custodian for Jay Jackson Newman under the
Arkansas Uniform Transfer To Minors Act, to which Mr. Newman disclaims
beneficial ownership. 5,000 shares owned of record by Dwain A. Newman, as
custodian for Shelby Lee Newman under the Arkansas Uniform Transfer To
Minors Act, to which Mr. Newman disclaims beneficial ownership.
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CUSIP NO. 636-376-105 13G PAGE 3 OF 5 PAGES
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Item 1(a). Name of Issuer
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National Home Centers, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices
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Highway 265 North
Springdale, Arkansas 72765
Item 2(a). Name of Person Filing
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Dwain A. Newman
Item 2(b). Address of Principal Business Office or, if none, Residence
-----------------------------------------------------------
Highway 265 North
Springdale, Arkansas 72765
Item 2(c). Citizenship
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United States of America
Item 2(d). Title of Class of Securities
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Common Stock, $.01 par value
Item 2(e). CUSIP Number
------------
636-376-105
Item 3. Not Applicable
Item 4. Ownership
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(a) Amount Beneficially Owned: 4,498,002.965 shares /(1)/
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/(1)/ 14,138.965 shares owned of record by Glenda R. Newman, Mr. Newman's wife,
to which Mr. Newman disclaims beneficial ownership. 7,600 shares owned of
record by Dwain A. Newman and Glenda R. Newman. 5,000 shares owned of
record by Dwain A. Newman, as custodian for Jay Jackson Newman under the
Arkansas Uniform Transfer To Minors Act, to which Mr. Newman disclaims
beneficial ownership. 5,000 shares owned of record by Dwain A. Newman, as
custodian for Shelby Lee Newman under the Arkansas Uniform Transfer To
Minors Act, to which Mr. Newman disclaims beneficial ownership.
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CUSIP NO. 636-376-105 13G PAGE 4 OF 5 PAGES
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(b) Percent of Class: 62.977%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 4,466,264
(ii) Shared power to vote or to direct the vote 31,738.965 /(1)/
(iii) Sole power to dispose or to direct the disposition of
4,466,264
(iv) Shared power to dispose or to direct the disposition of
31,738.965 /(1)/
Item 5. Ownership of Five Percent or Less of a Class
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Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person
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Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the
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Security Being Reported on by the Parent Holding Company
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Not Applicable
Item 8. Identification and Classification of Members of the Group
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Not Applicable
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/(1)/ 14,138.965 shares owned of record by Glenda R. Newman, Mr. Newman's wife,
to which Mr. Newman disclaims beneficial ownership. 7,600 shares owned of
record by Dwain A. Newman and Glenda R. Newman. 5,000 shares owned of
record by Dwain A. Newman, as custodian for Jay Jackson Newman under the
Arkansas Uniform Transfer To Minors Act, to which Mr. Newman disclaims
beneficial ownership. 5,000 shares owned of record by Dwain A. Newman, as
custodian for Shelby Lee Newman under the Arkansas Uniform Transfer To
Minors Act, to which Mr. Newman disclaims beneficial ownership.
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CUSIP NO. 636-376-105 13G PAGE 5 OF 5 PAGES
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Item 9. Notice of Dissolution of Group
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Not Applicable
Item 10. Certification
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Not Applicable
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
/s/ DWAIN A. NEWMAN
_________________________________________
Signature
Dwain A. Newman
_______________
Name/Title
