UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
Under the Securities Exchange Act of 1934
WMS INDUSTRIES INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
969-901-107
(CUSIP Number)
Phyllis G. Redstone
c/o Marta B. van Dam, Esq.
Gadsby Hannah LLP
225 Franklin Street
Boston, Masaachusetts 02110
Telephone: (617) 345-7000
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and Communications)
July 30, 2002
(Date of Event which Requires Filing of this Statement)
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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(b)(3) or (4), check the following box / /.
CUSIP No. 969-901-107 Page 1 of 3 Pages
Schedule 13D
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(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
PHYLLIS G. REDSTONE
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(2) Check the Appropriate Box if a Member of Group (See Instructions)
/ / (a)
/ / (b)
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(3) SEC Use Only
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(4) Sources of Funds (See Instructions)
N/A
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e).
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(6) Citizenship or Place of Organization
United States
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Number of (7) Sole Voting Power
Shares 3,085,700
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Beneficially (8) Shared Voting Power
Owned by -------------------------------------------------------
(9) Sole Dispositive Power
Each
3,085,700
Reporting -------------------------------------------------------
(10) Shared Dispositive Power
Person With
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
3,085,700
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
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(13) Percent of Class Represented by Amount in Row (11)
9.6%
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(14) Type of Reporting Person (See Instructions)
IN
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Page 2 of 3 Pages
Item 1. SECURITY AND ISSUER.
The class of equity securities to which this statement on Schedule 13D
relates is the voting common, $.01 par value per share (the "Common Shares"), of
WMS Industries, Inc. (the "Issuer"), a Delaware corporation, with its principal
executive office located at 3401 North California Avenue Chicago, IL 60618.
Item 2. IDENTITY AND BACKGROUND.
This Statement is being filed by Ms. Phyllis G. Redstone ("Reporting
Person").
The Reporting Person is an individual whose address is c/o M. B. van
Dam, Esq., Gadsby Hannah LLP, 225 Franklin Street, Boston, Massachusetts 02110.
The Reporting Person is not currently employed.
During the last five years, the Reporting Person has not been: (a)
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) nor (b) 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 subjexct 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 violations with respect to such laws.
The Reporting Person is a citizen of the United States.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Common Shares were acquired by the Reporting Person on July 30,
2002 pursuant to the terms of a Settlement of Divorce.
Item 4. PURPOSE OF TRANSACTION.
The Common Shares were acquired by the Reporting Person on July 30,
2002 pursuant to the terms of a Settlement of Divorce. The Reporting Person may,
at any time and from time to time, purchase additional Common Shares of the
Issuer and may dispose of any and all Common Shares of the Issuer held by her.
Notwithstanding the foregoing, the Reporting Person has no current plan or
proposal which relates to, or would result in, any of the actions enumerated in
subparagraphs (a) through (j) of Item 4 of Schedule 13D.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
The Reporting Person is currently the beneficial owner, with sole
dispositive and voting power, of 3,085,700 Common Shares, or approximately 9.6%,
of the issued and outstanding Common Shares of the Issuer (based on the number
of Common Shares that were reported by the Issuer to be issued and outstanding
as of May 10, 2002).
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
Page 3 of 3 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.
July 30, 2002 /s/ Phyllis G. Redstone
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Phyllis G. Redstone