Sec Form 13G Filing - Thibeaux Simeon A. filing for RED RIVER BANCSHARES INC (RRBI) - 2020-06-23

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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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. 1)*

 


 

RED RIVER BANCSHARES, INC.

(Name of Issuer)

 

Common Stock, no par value per share

(Title of Class of Securities)

 

75686R202

(CUSIP Number)

 

June 12, 2020

(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)

 

☐ 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).

 

 

 

SCHEDULE 13 G

 

CUSIP NO. 75686R202

PAGE 2 OF 5 PAGES

 

  1  

  NAME OF REPORTING PERSON

 

  Simeon A. Thibeaux

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Louisiana

     

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

  5  

  SOLE VOTING POWER

 

   836,146 (1)

6  

  SHARED VOTING POWER

 

  402,411 (2)

7  

  SOLE DISPOSITIVE POWER

 

   836,146 (1)

8  

  SHARED DISPOSITIVE POWER

 

  402,411 (2)

   

  9  

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,238,557

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN EXCLUDES CERTAIN SHARES

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  16.9%

12  

  TYPE OF REPORTING PERSON

 

  IN

 

(1)

Consists of 421,407 shares of Common Stock held of record by the John Charles Simpson Jr. Trust (“JCSJ Trust”) and 414,739 shares of Common Stock held of record by the Angela Katherine Simpson Trust (“AKS Trust”). The Reporting Person is the sole trustee of each of the JCSJ Trust and the AKS Trust.

   

(2)

Shares are held by S3 Dynamics, L.P. Mr. Thibeaux is the sole trustee or investment advisor of trusts holding approximately 57% of the limited partnership interests of S3 Dynamics, L.P.

 

 

 

SCHEDULE 13 G

 

CUSIP NO. 75686R202

PAGE 3 OF 5 PAGES

 

Item 1(a).

Name of Issuer:

 

Red River Bancshares, Inc.

 

Item 1(b).

Address of Issuer’s Principal Executive Offices:

 

1412 Centre Court Drive, Suite 501

Alexandria, Louisiana 71301

 

Item 2(a).

Name of Person Filing.

 

Simeon A. Thibeaux

 

Item 2(b).

Address of Principal Business Office or, if None, Residence.

 

Same as Item 1(b).

 

Item 2(c).

Citizenship or Place of Organization.

 

State of Louisiana

 

Item 2(d).

Title of Class of Securities:

 

Common stock, no par value per share

 

Item 2(e).

CUSIP Number:

 

75686R202

 

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)

 

  

Broker or dealer registered under section 15 of the Act (15 U.S.C.78o).

     

(b)

 

  

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

     

(c)

 

  

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

     

(d)

 

  

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

     

(e)

 

  

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

     

(f)

 

  

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

     

(g)

 

  

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

     

(h)

 

  

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

     

(i)

 

  

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)

 

  

A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

     

(k)

 

  

Group, in accordance with §240.13d-1(b)(1)(ii)(K).

     
 

 

 

  

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:                      .

 

 

 

SCHEDULE 13 G

 

CUSIP NO. 75686R202

PAGE 4 OF 5 PAGES

 

Item 4.

Ownership.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1:

 

(a)

Amount beneficially owned: 1,238,557

   

(b)

Percent of Class: 16.9%

   

(c)

Number of shares as to which such person has:

 

 

(i)

sole power to vote or direct the vote: 836,146 (1)

     

 

(ii)

shared power to vote or direct the vote: 402,411 (2)  

     

 

(iii)

sole power to dispose or direct the disposition of: 836,146 (1)

     

 

(iv)

shared power to dispose or direct the disposition of: 402,411 (2)

 

(1)

Consists of 421,407 shares of Common Stock held of record by the John Charles Simpson Jr. Trust (“JCSJ Trust”) and 414,739 shares of Common Stock held of record by the Angela Katherine Simpson Trust (“AKS Trust”). The Reporting Person is the sole trustee of each of the JCSJ Trust and the AKS Trust.

   

(2)

Shares are held by S3 Dynamics, L.P. Mr. Thibeaux is the sole trustee or investment advisor of trusts holding approximately 57% of the limited partnership interests of S3 Dynamics, L.P.

 

The Issuer had 7,322,532 shares of Common Stock outstanding as of June 12, 2020. All beneficial ownership and voting power percentage calculations with respect to the Common Stock are based on the outstanding shares as of such date. 

 

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

 

 

 

SCHEDULE 13 G

 

CUSIP NO. 75686R202

PAGE 5 OF 5 PAGES

 

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.

 

 

 

Dated: June 22, 2020

 
       
 

By:

/s/ Simeon A. Thibeaux

 
   

Simeon A. Thibeaux