SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Bancorp Rhode Island, Inc.
(Name of Issuer)
Common Stock $0.01 par value per share
(Title of Class of securities)
059690 10 7
(CUSIP Number)
September 1, 2000
(Date Of Event Which Requires Filing of this Statement)
*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 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).
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Richard A. Grills
2 Check the Appropriate Box if a Member of a Group (a)
(See Instructions) (b)
Not Applicable
3 SEC Use Only
4 Citizenship or Place of Organization
United States
Number of 5 Sole Voting Power
Shares 249,995
Beneficially
Owned by 6 Shared Voting Power
Each 0
Reporting
Person With 7 Sole Dispositive Power
249,995
8 Shared Dispositive Power
0
9 Aggregate Amount Beneficially Owned by Each Reporting Person
249,995
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
11 Percent of Class Represented by Amount in Row (9)
6.7%*
12 Type of Reporting Person (See Instructions)
IN
14 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)
* Does not include Non-Voting Common Stock.
Item 1
Item 1(a) Name of Issuer:
Bancorp Rhode Island, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
One Turks Head Place
Providence, RI 02903
Item 2
2(a) Name of Person Filing:
Richard A. Grills
2(b) Address or Principal Business Office or, if none, Residence:
Bradford Dyeing Association
460 Bradford Street
Westerly, Rhode Island 02891
2(c) Citizenship:
United States
2(d) Title of Class of Securities:
Common Stock, par value $0.01 per share
2(e) CUSIP No.:
059690 10 7
Item 3.
Not Applicable
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:
249,995 shares of Common Stock all of which are held in a
trust over which Mr. Grills sole voting power and sole power
to direct the disposition.
b. Percent of class
6.7%*
c. Number of shares as to which such person has:
i. Sole power to vote or to direct the vote .......................249,995
ii. Shared power to vote or to direct the vote............................0
iii. Sole power to dispose or to direct the disposition of ..........249,995
iv. Shared power to dispose or to direct the disposition of. .............0
Item 5.
Ownership of 5 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 5 percent of
the class of securities, check the following [ ].
Item 6.
Not Applicable
Item 7.
Not Applicable
Item 8.
Not Applicable
Item 9.
Not Applicable
Item 10.
* Does not include Non-Voting Common Stock
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.
Dated February 12, 2001
/s/ Richard A. Grills
-------------------------------
Name Richard A. Grills