UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13D
Amendment No. 1
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
PST VANS, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
693934-10-1
(CUSIP Number)
C. Marvin May
PO Box 9039, Salem, Oregon 97305
503-393-7030
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 31, 1997
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement of 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 [].
NOTE: Six copies of this statement, including all exhibits should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
*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>
Schedule 13D
CUSIP No. 693934-10-1 Page 2 of 5 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MaLeCo
93-0682236
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)[]
(b)[]
3. SEC USE ONLY
4. SOURCE OF FUNDS (See Instructions)
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
Oregon
Number of 7. SOLE VOTING POWER
Shares Beneficially 254,500
Owned by
Each Reporting 8. SHARED VOTING POWER
Person With -0-
9. SOLE DISPOSITIVE POWER
254,500
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
254,500
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) []
-----
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.0%
14. TYPE OF REPORTING PERSON (See Instructions)
PN
<PAGE>
Page 3 of 5 Pages
United States
Securities and Exchange Commission
Washington, DC 20549
Schedule 13D General Instruction Answers
ITEM 1. SECURITY AND ISSUER
Name of Issuer: PST Vans, Inc.
Address: PST Vans, Inc.
1901 West 2100 South
Salt Lake City, UT 84119
Attn: Neil Vos, CFO
Title of Class of Securities: Common Stock
CUSIP Number: 693934-10-1
ITEM 2. IDENTITY AND BACKGROUND
Name: MaLeCo, an Oregon general partnership consisting of C.
Marvin May, David M. Daniels, Laura Daniels, and Craig
May. C. Marvin May is the managing partner and has sole
voting and dispositive power. All partners are U.S.
citizens.
Principal Business: MaLeCo is primarily engaged in investment and equipment
leasing.
Occupation of Partners: C. Marvin May, David M. Daniels, Laura Daniels, and
Craig May are employed by May Trucking Company, PO Box
9039, Salem, OR 97305 as CEO, President, Benefits
Manager, and Safety Manager, respectively.
Business Address: MaLeCo
PO Box 9069
Salem, OR 97305
Attn: C. Marvin May
Bankruptcy or other
insolvency proceedings: To the best knowledge and belief of MaLeCo, none of the
actions described in Item 2(d)(1)(i) were taken during
the past 10 years that involved any general partner.
Criminal Convictions: To the best knowledge and belief of MaLeCo, no general
partner has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors)
or the naming of any such person as the subject of a
pending criminal proceeding during the past ten years.
Civil and
Administrative
Proceedings: To the best knowledge and belief of MaLeCo, none of the
actions listed in Item 2(d)(iii) were taken during the
past 10 years that involved any general partner.
Civil Proceedings: To the best knowledge and belief of MaLeCo,
during the last five years, no general partner was 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 law.
ITEM 3. SOURCES AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The source of funds used in making the purchases is MaLeCo operating capital.
ITEM 4. PURPOSE OF TRANSACTION
The shares reported herein are held for investment. MaLeCo has no plans or
proposals which relate to Items 4(a) through (j). Future investment
considerations by MaLeCo might or might not result in the acquisition of
additional securities of the Issuer or the disposition of the securities of the
Issuer.
<PAGE>
Page 4 of 5 Pages
ITEM 5. INTEREST IN SECURITIES OF ISSUER
(a) As of March 31, 1997, MaLeCo (and its general partners) beneficially
owns 254,500 shares of Issuer's common stock. The percent of class
represented is 6.0%.
(b) C. Marvin May as managing partner has sole voting and sole dispositive
powers with respect to all the shares of the Issuer's common stock
held by MaLeCo.
(c) Transactions effected during the past sixty days are: (1) The
identity of the person who effected the transaction on behalf of
MaLeCo is Managing Partner C. Marvin May; (2 to 4) the date of the
transactions, the amount of the securities
involved, and the price per share are as follows:
3/10/97 10,000 2 11/16 per share
3/11/97 7,300 2 11/16 per share
3/31/97 5,600 3 1/18 per share;
(5) the transactions were effected by AB Watley, Inc., 800 Third
Avenue, 26th Floor, New York, NY 10022, 212-604-9136.
(d) No other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of
such securities.
(e) Not Applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Not Applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
No exhibits are filed with this filing.
SIGNATURES
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.
Dated: March 31, 1997
/s/ C. Marvin May
--------------------------------------------
C. Marvin May, Individually and
as Managing Partner of MaLeCo
