APEX PC SOLUTIONS INC
SC 13G, 1998-02-17
COMPUTER PERIPHERAL EQUIPMENT, NEC
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<PAGE>   1


                    U.S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
                                       

                                 SCHEDULE 13G
                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (Amendment No.___)
                                            
                                       
                                       
                            APEX PC SOLUTIONS, INC.
                   -----------------------------------------
                               (Name of Issuer)
                                       
                                       
                                       
                                       
                                  COMMON STOCK
                   -----------------------------------------
                        (Title of Class of Securities)
                                       
                                       
                                       
                                       
                                   037945102
                   -----------------------------------------
                                (CUSIP Number)
                                       






*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>   2
CUSIP NO.  037945102               SCHEDULE 13G        PAGE   2   OF   4   PAGES
- ------------------------------                              -----    -----      

- -------------------------------------------------------------------------------
  (1)     NAMES OF REPORTING PERSONS..............................STERLING CRUM

          S.S. OR I.R.S. I.D. NOS. OF REPORTING PERSONS voluntary..............

- -------------------------------------------------------------------------------

 #(2)     CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP.
          (A)   [   ]
          (B)   [   ]

- -------------------------------------------------------------------------------

  (3)     SEC USE ONLY

- -------------------------------------------------------------------------------

  (4)     CITIZENSHIP OR PLACE OF ORGANIZATION.....................U.S. CITIZEN

- -------------------------------------------------------------------------------

                       (5)     SOLE VOTING POWER...............1,031,166 SHARES
  NUMBER OF        
   SHARES              --------------------------------------------------------
 BENEFICIALLY          (6)     SHARED VOTING POWER.............-0-
  OWNED BY   
    EACH               --------------------------------------------------------
  REPORTING            (7)     SOLE DISPOSITIVE POWER..........1,031,166 SHARES
 PERSON WITH 
                       --------------------------------------------------------
                       (8)     SHARED DISPOSITIVE POWER........-0-

                       --------------------------------------------------------

  (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED 
          BY EACH REPORTING PERSON.............................1,031,166 SHARES

- -------------------------------------------------------------------------------

 (10)     [   ] CHECK BOX IF AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
          SHARES.    

- -------------------------------------------------------------------------------

 (11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 .....7.67%

- -------------------------------------------------------------------------------

#(12)     TYPE OF REPORTING PERSON.............................IN

- -------------------------------------------------------------------------------


#See Instructions.
<PAGE>   3
CUSIP NO.   037945102             SCHEDULE 13G        PAGE   3   OF   4   PAGES

<TABLE>
<S>     <C>                                                                    <C>  
ITEM 1.  (a)   Issuer...........................................................APEX PC SOLUTIONS, INC.
                                                                                (THE "ISSUER")

         (b)   Principal Executive Offices......................................20031 - 142ND AVE.
                                                                                WOODINVILLE, WASHINGTON 98072

ITEM 2.  (a)   Person Filing....................................................STERLING CRUM

         (b)   Principal Business Office/Residence..............................20031 - 142ND AVE. NE
                                                                                WOODINVILLE, WA 98072

         (c)   Citizenship......................................................U.S. CITIZEN

         (d)   Title of Class of Securities.....................................COMMON STOCK

         (e)   CUSIP Number.....................................................037945102

ITEM 3.  Statement Filed Pursuant to Rule 13d-1(b) or 13d-2(b) By: 
         (a)  [ ] Broker or Dealer registered under Act Sections 15
         (b)  [ ] Bank as defined in Act Sections 3(a)(6) 
         (c)  [ ] Insurance Company as defined in Act Sections 3(a)(19) 
         (d)  [ ] Investment Company registered under Sections 8, Investment Company Act 
         (e)  [ ] Investment Adviser registered under Sections 203, Investment Advisers Act
         (f)  [ ] Employee Benefit Plan, Pension Fund subject to the provisions of 
                  the Employee Retirement Income Security Act of 1974, or Endowment Fund
         (g)  [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G) 
         (h)  [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H)


ITEM 4.  Ownership of More than Five Percent of Class:

         (a)   Amount beneficially owned........................................1,031,166 SHARES(1)

         (b)   Percentage of class..............................................7.67%(2)

         (c)   Number of shares as to which such person has:

               (i)  sole power to vote or direct the vote.......................1,031,166 SHARES(1)

               (ii) shared power to vote or to direct the vote..................-0-

               (iii)sole power to dispose of or direct disposition..............1,031,166 SHARES(1)

               (iv) shared power to dispose of or direct disposition............-0-

          (1)  OF THE SHARES REPRESENTED HEREUNDER 1,028,500 SHARES ARE HELD BY
               A REVOCABLE FAMILY TRUST FOR WHICH THE REPORTING PERSON IS
               SETTLOR AND TRUSTEE.

          (2)  CALCULATED IN ACCORDANCE WITH EXCHANGE ACT RULE 13D-3 BASED ON
               13,440,350 SHARES OF COMMON STOCK DEEMED OUTSTANDING (CONSISTING
               OF 13,437,684 SHARES OUTSTANDING AS OF THE CLOSE OF BUSINESS ON
               JANUARY 30, 1998 AND AN AGGREGATE OF APPROXIMATELY 2,666 SHARES
               SUBJECT TO STOCK OPTIONS HELD BY THE REPORTING PERSON THAT ARE
               EXERCISABLE WITHIN 60 DAYS OF THE DATE HEREOF).

ITEM 5.  Ownership of Five Percent or Less of Class.............................      [NOT APPLICABLE]

</TABLE>






<PAGE>   4

CUSIP NO.   037945102             SCHEDULE 13G        PAGE   4   OF   4   PAGES



ITEM 6.  Ownership of More than Five Percent of Class
         on Behalf of Another......................            [NOT APPLICABLE]

ITEM 7.  Identification and Classification of Subsidiary Which Acquired
         Security Being Reported on By Parent Holding Company filing under 
         Rule 13d-1(b)(ii)(G)......................            [NOT APPLICABLE]

ITEM 8.  Identification and Classification of Members of Group Filing under
         Rule 13d-1(b)(ii)(H)......................            [NOT APPLICABLE]

ITEM 9.  Notice of Dissolution of Group............            [NOT APPLICABLE]

ITEM 10. Certification Pursuant to Rule 13d-1(b)...            [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.

         Dated: February 12, 1998



                                                    /s/ STERLING CRUM
                                                 ------------------------------
                                                        Sterling Crum




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