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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 3)/1/
KBK CAPITAL CORPORATION
________________________________________________________________________________
(Name of Issuer)
Common Stock, Par Value $0.01 Per Share
________________________________________________________________________________
(Title of Class of Securities)
482412 10 3
_______________________________________________________________
(CUSIP Number)
Patrick J. Butler, Jr., Esq., Phelps Dunbar, L.L.P.
365 Canal Street, Suite 2000, New Orleans, LA 70130 (504) 584-9298
________________________________________________________________________________
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
June 30, 2000
_______________________________________________________________
(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(e), 13d-1(f) or 13d-1(g), check the following
box [_].
(Page 1 of 3 pages)
________________________
/1/ 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 the 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 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).
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SCHEDULE 13D/A
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CUSIP NO. 482412 10 3 PAGE 2 OF 3 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sirmon Commercial Finance, L.L.C.
72-1323391
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS: 00
4
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6 Louisiana, U.S.A.
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SOLE VOTING POWER
7 0 shares
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8 218,795 shares
OWNED BY
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EACH SOLE DISPOSITIVE POWER
9 218,795 shares
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 0 shares
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11 218,795 shares
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES [_]
12
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13 7.74%
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TYPE OF REPORTING PERSON : OO
14
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CUSIP No. 482412 10 3 13D/A Page 3 of 3 Pages
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This Amendment No. 3 is filed on behalf of Sirmon Commercial Finance,
L.L.C. ("SCF") for the purpose of amending its Schedule 13D, including the
statement attached thereto, originally filed with the Securities and Exchange
Commission (the "Commission") on November 1, 1999, as amended by Amendment No. 1
filed with the Commission on January 11, 2000, and as amended by Amendment No.
2 filed with the Commission on April 6, 2000 (collectively, the "Statement").
Capitalized terms used herein and not defined herein shall have the meanings
assigned to such terms in the Statement.
Item 5. Interest in Securities of the Issuer
Items 5(a) and 5(b) of the Statement are hereby amended by adding the
following paragraph after the last paragraph of such items 5(a) and 5(b):
On June 30, 2000, SCF sold 55,000 of the Deferred Shares to KBK,
pursuant to the terms of the Purchase Agreement. The price paid per share was
$5.23, for a total purchase price of $287,650. As a result of this transaction,
the remaining number of Deferred Shares still owned by SCF is 218,795, which
represents 7.74% of the 2,827,138 common shares of KBK outstanding on June 30,
2000. SCF has sole power to direct the disposition of, and shares the power to
vote, these remaining Deferred Shares.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated: June 10, 2000
SIRMON COMMERCIAL FINANCE, L.L.C.
By: /s/ JOHNNY J. SIRMON
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Name: Johnny J. Sirmon
Title: Managing Member