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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Internet America, Inc.
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(Name of issuer)
Common Stock, par value $0.01 per share
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(Title of class of securities)
46058Y109
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(CUSIP Number)
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).
Page 1 of 5 Pages
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CUSIP No. 46058Y109 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jack T. Smith
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 451,811
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON -0-
WITH -----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
451,811
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
496,811
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.8%
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12 TYPE OF REPORTING PERSON (see instructions)
IN
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Item 1(a). Name of Issuer.
The name of the Issuer is Internet America, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
The Issuer's principal executive offices are located at One Dallas
Centre, 350 North St. Paul, Suite 3000, Dallas, Texas 75201.
Item 2(a). Name of Person Filing.
This statement is being filed on behalf of Jack T. Smith.
Item 2(b). Address of Principal Business Office or, if none, Residence.
The address of the principal business office of Mr. Smith is One
Dallas Centre, 350 North St. Paul, Suite 3000, Dallas, Texas 75201.
Item 2(c). Citizenship.
Mr. Smith is a citizen of the United States of America.
Item 2(d). Title of Class of Securities.
This statement relates to shares of Common Stock, par value of
$0.01 per share ("Common Stock") of the Issuer.
Item 2(e). CUSIP Number.
The CUSIP No. for the shares of Common Stock of the Issuer is
46058Y109.
Item 3. Not Applicable.
Item 4. Ownership.
As of December 31, 1998, Mr. Smith beneficially owned 496,811
shares, or 7.8%, of the Common Stock of the Issuer. As of December
31, 1998, Mr. Smith had the sole power to vote or to direct the
vote or to dispose or to direct the disposition of 451,811 shares
of Common Stock of the Issuer. With respect to 45,000 shares of
Common Stock, which are owned by Mr. Smith by virtue of his
ownership of options, no voting power exists because the options
have not been exercised to purchase such shares, and no dispositive
power exists because the options are not transferable except by
will or the laws of descent and distribution or pursuant to a
qualified domestic relations order.
Page 3 of 5 Pages
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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
Page 4 of 5 Pages
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CUSIP No. 46058Y109 13G Page 5 of 5 Pages
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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.
Date: February 11, 1999
By: /s/ Jack T. Smith
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Jack T. Smith