Maui Land & Pineapple Co Inc Employee Stock Ownersip Plan – ‘SC 13G/A’ on 1/9/03 re: Maui Land & Pineapple Co Inc

On:  Thursday, 1/9/03, at 8:19pm ET   ·   As of:  1/10/03   ·   Accession #:  63330-3-1   ·   File #:  5-06117

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Amendment to Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Maui Land & Pineapple Company, Inc. Employee Stock     4±    17K 
                          Ownership Plan                                         

Document Table of Contents

SECURITIES AND EXCHANGE COMMISSION                
Washington, D.C.  20549               

SCHEDULE 13G                

Under the Securities Exchange Act of 1934               
(Amendment No. 8)*                

MAUI LAND & PINEAPPLE COMPANY, INC.               
(Name of Issuer)                

COMMON                
(Title of Class of Securities)                

577345-10-1               
(CUSIP Number)                

1/02 - 12/02                
(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)                                                  

CUSIP No. 577345-10-1                                                           
13G                                                                             

1.   Name of Reporting Person:  MAUI LAND & PINEAPPLE COMPANY,                  
INC. EMPLOYEE STOCK OWNERSHIP PLAN                                    

EIN:  99-0107542                                                      

2.   Check appropriate box if a member of a group*      (a) [ ]                 
                                       (b) [ ]

3.   SEC Use Only                                                               

4.   Citizenship:  Hawaii law governs the Plan and the related                  
Trust Agreement.                                                      

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON                    
WITH:                                                                           

5.   Sole voting power:  -0-                                                    

6.   Shared voting power:  389,792                                              

7.   Sole dispositive power:  -0-                                               

8.   Shared dispositive power:  389,792                                         

9.   Aggregate amount beneficially owned by each reporting                      
person:  389,792                                                      

10.  Check box if aggregate amount in 9. above excludes certain                 
shares*: [ ]                                                          

11.  Percent of class represented by amount in 9. above:  5.4%                  

12.  Type of reporting person*:  EP                                             

Item 1(a).     Name of Issuer:  MAUI LAND & PINEAPPLE COMPANY,                  
INC.                                              

Item 1(b).     Address of Issuer's Principal Executive Offices:                 

120 KANE STREET, KAHULUI, MAUI, HAWAII            

Item 2(a).     Name of Person Filing:  MAUI LAND & PINEAPPLE                    
COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN       
EIN:  99-0107542                                  

Item 2(b).     Address of Principal Business Office or Residence:               

120 KANE STREET, KAHULUI, MAUI, HAWAII            

Item 2(c).     Citizenship:  Hawaii law governs the Plan and the                
related Trust Agreement.                          

Item 2(d).     Title of Class of Securities:  COMMON                            

Item 2(e).     CUSIP Number:  577345-10-1                                       

Item 3.        If this statement is filed pursuant to Rules                     
13d-1(b) or 13d-2(b), check whether the person    
filing is a:                                      

  (a) [ ]  Broker or dealer registered under
Section 15 of the Act;
(b) [ ]  Bank as defined in Section     
3(a)(6) of the Act;   
(c) [ ]  Insurance company as defined in
       Section 3(a)(19) of this Act;
(d) [ ]  Investment company registered  
           under Section 3 of the Investment
Company Act;          
(e) [ ]  Investment adviser registered  
             under Section 203 of the Investment
Advisers Act of 1940; 
(f) [X]  Employee Benefit Plan, Pension 
      Fund which is subject to the
    provisions of the Employee
        Retirement Income Security Act
        of 1974 or Endowment Fund; see
13d-1(b)(1)(ii)(F);   
(g) [ ]  Parent holding company, in     
          accordance with 13d-1(b)(ii)(G);
(note:  see item 7)   
(h) [ ]  Group, in accordance with Rule 
13d-1(b)(1)(ii)(H);   

Item 4.   Ownership:                                                            

(a)  Amount beneficially owned:  389,792                    

(b)  Percent of class:  5.4%                                

(c)  Number of shares as to which such person has:          

(i)    Sole power to vote or to direct the vote:    
-0-                                   

(ii)   Shared power to vote or to direct the        
vote:  389,792                        

(iii)  Sole power to dispose or to direct           
the disposition of:  -0-              

(iv)   Shared power to dispose or to direct the     
disposition of:  389,792              

Item 5.   Ownership of five percent or less of a class:                         
Inapplicable.                                               

Item 6.   Ownership of more than five percent on behalf of                      
another person:                                             

Inapplicable.                                               

Item 7.   Identification and classification of the subsidiary                   
which acquired the security being reported on by            
the parent holding company:                                 

Inapplicable.                                               

Item 8.   Identification and classification of members of the                   
group:                                                      

Inapplicable.                                               

Item 9.   Notice of dissolution of group: Inapplicable.                         

Item 10.  Certification:                                                        

By signing below the Plan certifies that, to the best       
of its knowledge and belief, the securities referred to     
above were acquired in the ordinary course of business      
and were not acquired for the purpose of and do not         
have the effect of changing or influencing the control      
of the issuer of such securities and were not acquired      
in connection with or as a participant in any               
transaction having such purpose or effect.                  

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.                                       

MAUI LAND & PINEAPPLE COMPANY, INC. EMPLOYEE STOCK          
OWNERSHIP PLAN                                              

BY ITS ADMINISTRATIVE COMMITTEE:                            

/S/ PAUL J. MEYER                      01/07/03   
PAUL J. MEYER/CHAIRMAN                        DATE          

/S/ J. SUSAN CORLEY                     01/08/03    
J. SUSAN CORLEY                               DATE          

/S/ GARY L. GIFFORD                     01/07/03    
GARY L. GIFFORD                               DATE          

/S/ DOUGLAS R. SCHENK                    01/07/03     
DOUGLAS R. SCHENK                             DATE          

/S/ DONALD A. YOUNG                     01/07/03    
DONALD A. YOUNG                               DATE