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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
First Sierra Financial, Inc.
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(Name of Issuer)
Common Stock, $0.01 par value per share
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(Title of Class of Securities)
335944104
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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
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).
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CUSIP No. 335944104
1. NAME OF REPORTING PERSON
Oren M. Hall
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Not Applicable
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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NUMBER OF | 5. SOLE VOTING POWER
|
SHARES | 500,000
| -----------------------------------------------------------
BENEFICIALLY | 6. SHARED VOTING POWER
|
OWNED BY | -0-
| -----------------------------------------------------------
EACH | 7. SOLE DISPOSITIVE POWER
|
REPORTING | 500,000
| -----------------------------------------------------------
PERSON | 8. SHARED DISPOSITIVE POWER
|
WITH | -0-
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.1%
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12. TYPE OF REPORTING PERSON*
IN
-2-
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Item 1(a) Name of Issuer:
First Sierra Financial, Inc.
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Item 1(b) Address of Issuer's Principal Executive Offices:
600 Travis Street
Houston, Texas 77002
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Item 2(a) Name of Person Filing:
Oren M. Hall
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Item 2(b) Address of Principal Business Office:
8930 Chatsworth Drive
Houston, Texas 77024
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Item 2(c) Citizenship:
U.S. Citizen
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Item 2(d) Title of Class of Securities:
Common Stock, $0.01 par value
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Item 2(e) CUSIP Number:
335944104
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing as a:
Not Applicable
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Item 4(a) Amounts Beneficially Owned:
500,000
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Item 4(b) Percent of Class:
6.1%
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Item 4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 500,000
(ii) shared power to vote or to direct the -0-
vote:
(iii) sole power to dispose or to direct the 500,000
disposition of:
(iv) shared power to dispose or to direct the -0-
disposition of
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Item 5. Ownership of Five Percent of Less of a Class:
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following: [X]
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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:
By signing below I certify that, to the best of my knowledge and
belief the securities referred to above were acquired in the
ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or influencing
the control of the issuer of such securities and were not acquired
in connection with or as a participant in any transaction having
such purpose or effect.
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 13, 1998
/s/ OREN M. HALL
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Oren M. Hall
