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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Alfred I. duPont Testamentary Trust
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(Last) (First) (Middle)
1650 Prudential Drive, Suite 300
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(Street)
Jacksonville, FL 32207
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
St. Joe Corporation SJP
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
12-97
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5. If Amendment, Date of Original (Month/Year)
N/A
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[ ] Form filed by One Reporting Person
[ X ] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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Member of
Common Stock 12/10/97 J N/A N/A N/A 21,324,316 I a Group
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20,547,764 D
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(Over)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see
Instruction 4(b)(v).
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9. 10.
Number Owner-
of ship
2. Deriv- Form of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
of Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of (D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Explanation of Responses:
* See Attachment.
* See Attachment
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedures.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
Attachment to Form 4 Filed by the Alfred I. duPont Testamentary Trust
Reporting Beneficial Ownership of Common Stock of St. Joe Corporation
Dated December 10, 1997
Explanation of Response: Pursuant to instruction 4(b)(v) of Form 4, the Alfred
I. duPont Testamentary Trust and each of the persons listed below are Reporting
Persons. The Alfred I. duPont Testamentary Trust and each of the persons listed
below are filing this Form 4 as joint filers and each are considered for
purposes of this Form 4 to be members of a single group ("Group") within the
meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended
("1934 Act").
"J": This Form 4 is being filed to report that the Alfred I. duPont Testamentary
Trust and each of the persons listed below beneficially own shares of St. Joe
Corporation as members of the Group, instead of individually, for purposes of
complying with the reporting requirements of Section 16(a) of the 1934 Act.
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Amount of
Securities Ownership Nature of
Securities Beneficially Form: Indirect
Name and Address of Title of Transaction Transaction Acquired or Owned at the Direct (D) Beneficial
Reporting Person Security Date Code Disposed of End of Month or Indirect (I) Ownership
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The Nemours Foundation Common 12/10/97 J N/A 21,324,316 I Member of
1650 Prudential Drive Stock a Group
Suite 300
Jacksonville, FL 32207
Common 12/10/97 J N/A 744,136 D
Stock
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Winfred L. and Common 12/10/97 J N/A 21,324,316 I Member of
Mary Anne Thornton Stock a Group
1650 Prudential Drive
Suite 300
Jacksonville, FL 32207
Common 12/10/97 J N/A 2,011 D
Stock
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Amount of
Securities Ownership Nature of
Securities Beneficially Form: Indirect
Name and Address of Title of Transaction Transaction Acquired or Owned at the Direct (D) Beneficial
Reporting Person Security Date Code Disposed of End of Month or Indirect (I) Ownership
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William T. Thompson III Common 12/10/97 J N/A 21,324,316 I Member of
1650 Prudential Drive Stock a Group
Suite 300
Jacksonville, FL 32207
Common 12/10/97 J N/A 21,150 D
Stock
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Jacob C. Belin Common 12/10/97 J N/A 21,324,316 I Member of
1650 Prudential Drive Stock a Group
Suite 300
Jacksonville, FL 32207
Common 12/10/97 J N/A 9,255 D
Stock
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Hugh M. Durden Common 12/10/97 J N/A 21,324,316 I Member of
1650 Prudential Drive Stock a Group
Suite 300
Jacksonville, FL 32207
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John F. Porter III Common 12/10/97 J N/A 21,324,316 I Member of
1650 Prudential Drive Stock a Group
Suite 300
Jacksonville, FL 32207
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Signatures to Form 4 Dated December 10, 1997
Filed by the Alfred I. duPont Testamentary Trust
Reporting Ownership of Common Stock of St. Joe Corporation
Alfred I. duPont Testamentary Trust William T. Thompson III
By: /s/ Winfred L. Thornton By: /s/ William T. Thompson III
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Name: Winfred L. Thornton Name: William T. Thompson III
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Title: Chairman Date: December 10, 1997
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Date: December 10, 1997
---------------------------- Jacob C. Belin
The Nemours Foundation By: /s/ Jacob C. Belin
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By: /s/ Jacob C. Belin
---------------------------- Name: Jacob C. Belin
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Name: Jacob C. Belin
---------------------------- Date: December 10, 1997
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Title: President
---------------------------- Hugh M. Durden
Date: December 10, 1997 By: /s/ Hugh M. Durden
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Winfred L. and Mary Anne Thornton Name: Hugh M. Durden
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By: /s/ Winfred L. Thronton
---------------------------- Date: December 10, 1997
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Name: Winfred L. Thronton
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John F. Porter III
Date: December 10, 1997
---------------------------- By: /s/ John F. Porter III
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By: /s/ Mary Anne Thronton
---------------------------- Name: John F. Porter III
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Name: Mary Anne Thronton
---------------------------- Date: December 10, 1997
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Date: December 10, 1997
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