SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
TRAVIS BOATS & MOTORS, INC.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
894363-10-0
(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).
<PAGE>
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mark T. Walton
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|_|
(b)|_|
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
375,574
6. SHARED VOTING POWER
-0-
7. SOLE DISPOSITIVE POWER
375,574
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
375,574
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.9%
12. TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Item 1 (a) Name of Issuer:
Travis Boats & Motors, Inc.
Item 1 (b) Address of Issuer's Principal Executive Offices:
5000 Plaza on the Lake, Suite 250
Austin, Texas 78747
Item 2 (a) Name of Person Filing:
Mark T. Walton
Item 2 (b) Address of Principal Business Office or, if none, Residence:
5000 Plaza on the Lake, Suite 250
Austin, Texas 78747
Item 2 (c) Citizenship:
USA
Item 2 (d) Title of Class of Securities:
Common Stock, par value $.01
Item 2 (e) CUSIP No.:
894363-10-0
Item 3. Not Applicable.
Item 4. Ownership.
Item 4 (a) Amount Beneficially Owned:
Mr. Walton owns 63,200 shares of the Issuer's Common Stock and
has immediately exercisable options to acquire 8,106 shares.
Additionally, Mr. Walton has sole voting control of 301,000
shares held by a family limited partnership and 3,268 shares held
in trust for the benefit of Mr. Walton's children.
Item 4 (b) Percent of Class:
8.9%
Item 4 (c) Number of Shares as to Which Such Person Has:
(i) Sole power to vote or to direct the vote: 375,574
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of: 375,574
(iv) Shared power to dispose or to direct the disposition of: -0-
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.
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 16, 1998
_________________
Date
_/s/_Mark T. Walton
Signature
Mark T. Walton
_________________
(Name)
