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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
Orthodontic Centers of America, Inc.
Common Stock
68750P103
December 31, 2003
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o Rule 13d-1 (b)
o Rule 13d-1 (c)
x Rule 13d-1 (d)
*The remainder of this cover page shall be filled out for a
reporting persons 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 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).
CUSIP No. 68750P103 | 13G | Page 2 of 4 | ||||
1. | Name of Reporting Person: Bartholomew F. Palmisano, Sr. |
I.R.S. Identification Nos. of above
persons (entities only): |
||||
2. | Check the Appropriate Box if a Member of a Group: | |||||
(a) | o | |||||
(b) | o | |||||
Not Applicable | ||||||
3. | SEC Use Only: | |||||
4. | Citizenship or Place of
Organization: United States of America |
|||||
Number
of Shares Beneficially Owned by Each Reporting Person With | ||||||
5. | Sole Voting
Power: 3,089,160 (1) | |||||
6. | Shared Voting Power: 707,016 (2) | |||||
7. | Sole Dispositive Power: 3,089,160 (1) | |||||
8. | Shared Dispositive Power: 707,016 (2) | |||||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person:
3,796,176 (1)(2) |
|||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain
Shares: o Not Applicable |
|||||
11. | Percent of Class Represented by Amount in Row
(9): 7.3% | |||||
12. | Type of Reporting Person: IN | |||||
(1) | Includes options currently exercisable to purchase 919,722 shares of common stock. | |
(2) | Includes 707,016 shares of common stock held in trusts by a third party for the benefit of the children of the reporting person. The filing of this statement shall not be construed as an admission that the reporting person is, for the purpose of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, the beneficial owner of any securities covered by this statement. |
13G | Page 3 of 4 Pages |
Item 1(a). | Name of Issuer: | |||
Orthodontic Centers of America, Inc. | ||||
Item 1(b). | Address of Issuers Principal Executive Offices: | |||
3850 N. Causeway Blvd., Suite 800 | ||||
Metairie, LA 70002 | ||||
Item 2(a). | Name of Person Filing: | |||
Bartholomew F. Palmisano, Sr. | ||||
Item 2(b). | Address of Principal Business Office or, if none, Residence: | |||
3850 N. Causeway Blvd., Suite 800 | ||||
Metairie, LA 70002 | ||||
Item 2(c). | Citizenship: | |||
United States of America | ||||
Item 2(d). | Title of Class of Securities: | |||
Common Stock | ||||
Item 2(e). | CUSIP Number: | |||
68750P103 | ||||
Item 3. | If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: | |||
(a) | o | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). | ||
(b) | o | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). | ||
(c) | o | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). | ||
(d) | o | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | ||
(e) | o | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | ||
(f) | o | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | ||
(g) | o | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | ||
(h) | o | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||
(i) | o | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | ||
(j) | o | Group, in accordance with §240.13d-1(b)(1)(ii)(J). | ||
Not applicable | ||||
Item 4. | Ownership | |||
(a) | Amount beneficially owned: | |||
3,796,176 (1)(2) | ||||
(b) | Percent of class: | |||
7.3% | ||||
(c) | Number of shares as to which the person has: | |||
(i) Sole power to vote or to direct the vote | ||||
3,089,160 (1) |
13G | Page 4 of 4 Pages |
(ii) | Shared power to vote or to direct the vote | |||
707,016 (2) | ||||
(iii) | Sole power to dispose or to direct the disposition of | |||
3,089,160 (1) | ||||
(iv) | Shared power to dispose or to direct the disposition of | |||
707,016 (2) |
(1) | Includes options currently exercisable to purchase 919,722 shares of common stock. | |
(2) | Includes 707,016 shares of common stock held in trusts by a third party for the benefit of the children of the reporting person. The filing of this statement shall not be construed as an admission that the reporting person is, for the purpose of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, the beneficial owner of any securities covered by this statement. |
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.
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 or
Control Person
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
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.
February 12, 2004 Date |
||
/s/ Bartholomew F. Palmisano, Sr. Signature |
||
Bartholomew F. Palmisano, Sr. Name/Title |