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OMB APPROVAL
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- -------- OMB NUMBER: 3235-0104
FORM 3 EXPIRES: FEBRUARY 1, 1994
- -------- ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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
Statement Trading Symbol
White Harry J. Jr. (Month/Day/Year) Silverleaf Resorts, Inc. SVR
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(Last) (First) (Middle) 6/29/98 5. Relationship of Reporting 6. If Amendment, Date
1221 Riverbend Dr., Suite 120 ---------------------------- Person to Issuer of Original
- ---------------------------------------- 3. IRS or Social Security (Check all applicable) (Month/Day/Year)
(Street) Number of Reporting Director 10% Owner
Person (Voluntary) ----- -----
Dallas TX 75247 X Officer Other (specify
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(City) (State) (Zip) ---------------------------- (give title below)
Chief Financial Officer
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TABLE I -- 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. 5)
(Instr. 5)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1473 (3-91)
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Harry White
<TABLE>
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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 Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Non-Qualified Option * 6-15-08 Common Stock, $.01 par 50,000 $16.46875 D
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Explanation of Responses: * from 6-29-99 to and including 6-28-00, 12,500 shares
from 6-29-00 to and including 6-28-01, an additional 12,500 shares
from 6-29-01 to and including 6-28-02, an additional 12,500 shares
from 6-29-02, all remaining shares
/s/ HARRY J. WHITE, JR. 7-6-98
**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
Harry J. White, Jr.
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
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Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
