ARTERIAL VASCULAR ENGINEERING INC
SC 13G/A, 1999-02-12
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                            ------------------------------------
                                                       OMB APPROVAL             
                                            ------------------------------------
                                            OMB Number:    3235-0145            
                                            Expires:      August 31, 1999       
                                            Estimated average burden            
                                            hours per response........14.90     
                                            ------------------------------------

                                  SCHEDULE 13G


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (Amendment No. 2)*


                       Arterial Vascular Engineering, Inc.
                       -----------------------------------
                                (Name of Issuer)


                                  Common Stock
                                  ------------
                         (Title of Class of Securities)


                                   043013-10-1
                                   -----------
                                 (CUSIP Number)





             ------------------------------------------------------
             (Date of Event Which Requires Filing of This Statement)



Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

           [ ]        Rule 13d-1(b)

           [ ]        Rule 13d-1(c)

           [ ]        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).

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 control number.


                                  Page 1 of 4
<PAGE>



<TABLE>
<CAPTION>
 ------------------------------------------                                               --------------------------------------
<S>                                                                                       <C>
  CUSIP No. 043013-10-1                                          13G                      Page 2 of 4 Pages
 ------------------------------------------                                               --------------------------------------



 ----------  -------------------------------------------------------------------------------------------------------------------
 1           NAME OF REPORTING PERSON
             I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
             Bradly A. Jendersee               SSN ###-##-####
 ---------- --------------------------------------------------------------------------------------------------------------------
 2           CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
             (a)                               Not Applicable
             (b)
 ---------- --------------------------------------------------------------------------------------------------------------------
 3           SEC USE ONLY
 ---------- --------------------------------------------------------------------------------------------------------------------
 4           CITIZENSHIP OR PLACE OF ORGANIZATION
                                               United States
 ---------- --------------------------------------------------------------------------------------------------------------------
            NUMBER OF          5     SOLE VOTING POWER
             SHARES                            1,265,958
          BENEFICIALLY         ----- -------------------------------------------------------------------------------------------  
            OWNED BY           6     SHARED VOTING POWER                                                                         
              EACH                             -0-                                                                               
           REPORTING           ----- -------------------------------------------------------------------------------------------
            PERSON             7     SOLE DISPOSITIVE POWER                                                                      
             WITH:                             1,265,958                                                                         
                               ----- -------------------------------------------------------------------------------------------
                               8     SHARED DISPOSITIVE POWER                                                                    
                                               -0-                                                                               
 ---------- --------------------------------------------------------------------------------------------------------------------
 9           AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                               1,265,958
 ---------- --------------------------------------------------------------------------------------------------------------------
 10          CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 ---------- --------------------------------------------------------------------------------------------------------------------
 11          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                               1.9%
 ---------- --------------------------------------------------------------------------------------------------------------------
 12          TYPE OF REPORTING PERSON*
                                               IN
 ---------- --------------------------------------------------------------------------------------------------------------------
</TABLE>

                                                       Page 2 of 4
<PAGE>

<TABLE>
<CAPTION>
<S>              <C>                                                                   <C>
Item 1.
        (a)      Name of Issuer                                                 Arterial Vascular Engineering, Inc.
        (b)      Address of Issuer's Principal Executive Offices                3576 Unocal Place
                                                                                Santa Rosa, CA 95403
Item 2.
        (a)      Name of Person Filing                                          Bradly A. Jendersee
        (b)      Address of Principal Business Office or, if none, Residence    4185 Creciente Drive
                                                                                Santa Barbara, CA 93110
        (c)      Citizenship                                                    United States
        (d)      Title of Class of Securities                                   Common Stock 
        (e)      CUSIP Number                                                   043013-10-1 

Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b), or 240.13d-2 (b) or (c), check whether the person filing is a:
        Not Applicable.
        (a)  [ ]  Broker or Dealer registered under Section 15 of the Act (15 U.S.C. 78o);
        (b)  [ ]  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
        (c)  [ ]  Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c);
        (d)  [ ]  An  investment  company  registered  under  section 8 of the  Investment  Company Act of 1940 (15 U.S.C. 80a-8);
        (e)  [ ]  An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(F);
        (f)  [ ]  An employee benefit plan or endowment fund in accordance withss.240.13d-1(b)(1)(ii)(F);
        (g)  [ ]  A parent holding company or control person in accordance withss.240.13d-1(b)(ii)(G);
        (h)  [ ]  A savings  association  as defined in  Section  3(b) of the  Federal  Deposit  Insurance  Act (12 U.S.C. 1813);
        (i)  [ ]  A church  plan that  is  excluded  from  the  definition  of an  investment company  under section 3(c)(14) of the
                  Investment Company Act of 1940 (15 U.S.C. 80a-3);
        (j)  [ ]  Group, in accordance with ss.240.13d-1(b)(1)(ii)(J)

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:                                            1,265,958
        (b)      Percent of Class:                                                     1.9%
        (c)      Number of shares as to which such person has:
                 (i)      Sole power to vote or to direct the vote:                    1,265,958
                 (ii)     Shared power to vote or to direct the vote:                  -0-
                 (iii)    Sole power to dispose or to direct the disposition of:       1,265,958
                 (iv)     Shared power to dispose or to direct the disposition of:     -0-

Item 5. Ownership of Five 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 five percent of the class of securities, check the following [X].

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.
</TABLE>

                                                     Page 3 of 4

<PAGE>

Item 9.  Notice of Dissolution of a Group
         Not Applicable.

Item 10. Certification
         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.

                                                     February 12, 1999  
                                          --------------------------------------
                                                            Date

                                                 /s/ Bradley A. Jendersee       
                                          --------------------------------------
                                                         Signature

                                                   Bradley A. Jendersee  
                                          --------------------------------------
                                                       Name/Title

                                  Page 4 of 4


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