----------------------------
UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------------
OMB Number: 3235-0145
Expires: December 31, 1997
Estimated average burden
hours per response....14.90
----------------------------
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
New Horizon Kids Quest, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
645511 10 6
(CUSIP Number)
Check the following box if a fee is being paid with this statement |_|. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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).
SEC 1745 (2-95) Page 1 of 6 pages
<PAGE>
- ---------------------------------- ----------------------
CUSIP No. 645511 10 6 13G Page 2 of 6 Pages
-----------
- ---------------------------------- ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jay L. Bennett
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
NUMBER OF
SHARES
BENEFICIALLY 5 SOLE VOTING POWER
OWNED BY
EACH 320,700
REPORTING
PERSON
WITH
---------------------------------------------------
6 SHARED VOTING POWER
0
---------------------------------------------------
7 SOLE DISPOSITIVE POWER
320,700
---------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
320,700
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
X
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.7%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
* SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 6 pages
<PAGE>
Item 1.
(a) Name of Issuer:
New Horizon Kids Quest, Inc.
(b) Address of Issuer's Principal Executive Office:
13705 First Avenue North
Plymouth, MN 55441
Item 2.
(a) Name of Person Filing:
Jay L. Bennett
(b) Address of Principal Business Office:
701 Fourth Avenue South, Suite 700
Minneapolis, MN 55415
(c) Citizenship:
U.S.A.
(d) Title of Class of Securities:
Common Stock, $.01 par value
(e) CUSIP Number:
645511 10 6
Item 3. Not Applicable.
Item 4. Ownership
(a) Amount beneficially owned as of December 31, 1997:
320,700
The number of shares beneficially owned includes (i) 310,700
held directly, and (ii) 10,000 which Mr. Bennett has the right
to acquire pursuant to the exercise of stock options under the
New Horizon Kids Quest, Inc. 1995 Directors' Stock Option
Plan.
<PAGE>
(b) Percent of Class:
9.7%
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or direct the vote:
320,700
(ii) shared power to vote or direct the vote:
0
(iii) sole power to dispose or direct the
disposition of:
320,700
(iv) shared power to dispose or to direct the
disposition of:
0
Item 5. Not Applicable.
Item 6. Not Applicable.
Item 7. Not Applicable.
Item 8. Not Applicable.
Item 9. Not Applicable.
Item 10. Not Applicable.
<PAGE>
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 6, 1998
By: /s/ Jay L. Bennett
Jay L. Bennett
<PAGE>
EXHIBIT A
To Form 13G (Individuals)
The filing of this report shall not be construed as an admission by the person
identified in Item 2(a) that, for the purpose of Section 13(d) or 13(g) of the
Securities Exchange Act, he is the "beneficial owner" of any equity securities
listed below; and such person expressly disclaims that he is part of a "group."
Record Owner's Relationship Record Owner's Number
to Reporting Person Type of Ownership of Shares
- --------------------------- ----------------- ---------
Reporting person's children Indirect 9,000 shares
New Horizon Enterprises, Inc., Indirect Option to
a corporation, of which the reporting purchase
person is a director and shareholder 100,000 shares
These shares are not reported in Item 4(a) and are noted here for information
only.
