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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Hastings, Patricia Gilliam Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) AquaPro Corportion (Month/Day/Year)
(Last) (First) (Middle) 7/30/97 ---------------------------------- N/A
4307 Central Pike ---------------------------- 5. Relationship of Reporting -----------------------
- ---------------------------------------- 3. IRS or Social Security Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
Hermitage TN 37076 Person (Voluntary) x Director 10% Owner applicable line)
- -------------------------------------- 62-1598919 ----- ----- x Form filed by
(City) (State) (Zip) ---------------------------- x Officer Other ----- One Reporting
----- (give ----- (specify Person
title below) below) Form filed by
Vice President, Secretary, General ----- More than One
Counsel Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 4)
(Instr. 5)
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(1) Common Stock 95,998 D
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(2) Common Stock grants* 12,000 D
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*If the form is filed by more than one Reporting Person, see Instruction 5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) (8/96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security
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Date Expira- Amount or (D) or
Exercis- tion Title Number Indirect (I)
able Date of Shares (Instr. 5)
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(3) Common stock options 3/31/1995 3/31/2002 Common stock 12,000 $6.25 D
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(4) Common stock options 3/31/1996 3/31/2003 Common stock 12,000 $6.25 D
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(5) Common stock options 3/31/1997 3/31/2004 Common stock 12,000 $6.25 D
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(6) Series A Preferred Stock right 7/13/1997 10/21/1997 Preferred stock 1,720 $9.50 D
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Explanation of Responses:
*(2) Subject to two years vesting--6,000 shares vest in 1998, and 6,000 in 1999.
/s/ Patricia G. Hastings 9/26/97
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- ------------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Note. File three copies of this form, one of which must be manually signed. Page 2
If space provided is insufficient, See Instruction 6 for procedure. (8/96)
(Print or Type Responses)
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