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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.c. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
MAXIMUS, INC.
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(Name of Issuer)
COMMON STOCK, NO PAR VALUE
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(Title of Class of Securities)
577933 10 4
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(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 1 of 7 pages
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CUSIP NO. 577933 10 4 13G PAGE 2 OF 7 PAGES
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)
Raymond B. Ruddy
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5. SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 3,222,772
OWNED BY
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 3,222,772
WITH
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8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,222,772
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not applicable [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.8%
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 7 pages
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CUSIP NO. 577933 10 4 13G PAGE 3 OF 7 PAGES
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)
Raymond B. Ruddy Grantor Retained Annuity Trust
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
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5. SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 1,000,000
OWNED BY
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 1,000,000
WITH
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8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not applicable [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.8%
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12. TYPE OF REPORTING PERSON*
00
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 7 pages
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ITEM 1
(a) NAME OF ISSUER.
MAXIMUS, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE.
MAXIMUS, Inc.
1356 Beverly Road
McLean, Virginia 22101
ITEM 2
<TABLE>
<CAPTION>
ITEM 2(a) ITEM 2(b) ITEM 2(c)
CITIZENSHIP OR PLACE OF
NAME OF PERSON FILING ADDRESS ORGANIZATION
<S> <C> <C>
Raymond B. Ruddy MAXIMUS, Inc. United States of
1356 Beverly Road America
McLean, Virginia 22101
Raymond B. Ruddy Grantor c/o Raymond B. Ruddy Massachusetts
Retained Annuity Trust MAXIMUS, Inc.
("Trust") 1356 Beverly Road
McLean, Virginia 22101
</TABLE>
(d) TITLE OF CLASS OF SECURITIES.
Common Stock, no par value per share
(e) CUSIP NUMBER.
577933 10 4
ITEM 3. TYPE OF REPORTING PERSON.
Not applicable; this statement is filed pursuant to Rule 13d-1(c).
Page 4 of 7 pages
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ITEM 4. OWNERSHIP.
(a) AMOUNT BENEFICIALLY OWNED.
As of December 31, 1997, each shareholder listed below owns of record
the number of shares of Common Stock set forth opposite his or its
name:
Mr. Ruddy 2,222,772 shares
Trust 1,000,000 shares
In addition, by virtue of his relationship as trustee and beneficiary
of the Trust, Mr. Ruddy has the power to vote and dispose of, and
therefore may deemed to be the beneficial owner of, all shares of
Common Stock owned of record by the Trust.
(b) PERCENTAGE OF CLASS.
Mr. Ruddy 21.8%
Trust 6.8%
The foregoing percentages are calculated based on the 14,790,970 shares
of Common Stock outstanding as of December 31, 1997.
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
Mr. Ruddy 0 shares
Trust 0 shares
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
Mr. Ruddy 3,222,772 shares
Trust 1,000,000 shares
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
Mr. Ruddy 3,222,772 shares
Trust 1,000,000 shares
(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
Mr. Ruddy 0 shares
Trust 0 shares
Page 5 of 7 pages
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Pursuant to Mr. Ruddy's employment agreement with MAXIMUS, Inc., all
shares held by each of Mr. Ruddy and the Trust are required to be
voted as directed by Dr. Mastran until September 30, 2001. Dr. Mastran
does not, however, have dispositive power over any such shares.
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; this statement is filed pursuant to Rule 13d-1(c).
Page 6 of 7 pages
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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 6, 1998
/s/ Raymond B. Ruddy
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Raymond B. Ruddy
RAYMOND B. RUDDY GRANTOR
RETAINED ANNUITY TRUST
By: /s/ Raymond B. Ruddy
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Raymond B. Ruddy, Trustee U/A dated 11/13/97
Page 7 of 7 pages
