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FORM 4
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STATEMENT OF CHANGES OF BENEFICIAL OWNERSHIP
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1. Name and Address of Reporting Person
Posey, H. Wayne
801 Cherry Street, Suite 1450
Fort Worth, Texas 76102
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2. Issuer Name and Ticker or Trading Symbol
ProMedCo Management Company (PMCM)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year - July 1998
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5. If Amendment, Date of Original (Month/Day/Year) 8/10/98*
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
1. President, Chief Executive Officer, Director
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7. Individual or Joint/Group Filing -- Form filed by One Reporting Person
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TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security -
COMMON STOCK
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2-4 Transaction Date Transaction Securities Acquired (A) or
(Month/Day/Year) Code Vol Disposed (D)
(A) or Price
Amount (D) (per share)
7/27/98 X 200,000 A 1.25
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5-7. Amount of Securities Ownership Form: Nature of Indirect
Beneficially Owned at Direct (D) or Beneficial Ownership
End of Month. Indirect (I)
890,000 D
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* The purpose of this amendment is to correctly identify the class of
derivative security that was exercised.
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Derivative Security
Common Stock Warrants
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2. Conversion or Exercise Price of Derivative Security
1.25
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3-5 Transaction Date Transaction Number of Derivative
(Month/Day/Year) Code Vol Securities Disposed
3/27/98 X 200,000
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6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
Immed. 09/30/03
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7. Title and Amount of Underlying Securities
Title Amount or Number of Shares
Common Stock 200,000
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8. Price of Derivative Security
---
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9-11. Amount of Derivative Ownership Form: Nature of Indirect
Securities Beneficially Direct (D) or Beneficial Ownership
Owned at End of Month. Indirect (I)
299,863 D
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Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/s/ H. WAYNE POSEY
H. Wayne Posey
May 6, 1999
Date
