UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 1)
Under the Securities Exchange Act of 1934
FIRST SIERRA FINANCIAL, INC.
(Name of Issuer)
Common Stock, $0.01 par value per share
(Title of Class of Securities)
335944 10 4
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1 (b)
[ ] Rule 13d-1 (c)
[ X ] Rule 13d-1 (d)
* 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).
<PAGE>
1. NAME OF REPORTING PERSON
THOMAS J. DEPPING
S.S. OR I.R.S. IDENTIFICATION NO.OF ABOVE PERSON
###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 1,623,400
---------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY NONE
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 1,623,400
---------
PERSON 8. SHARED DISPOSITIVE POWER
WITH NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,623,400
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9
EXCLUDES CERTAIN SHARES* [ ]
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<PAGE>
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.41%
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12. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
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, SUITE 7050
HOUSTON, TEXAS 77002
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Item 2(a) Name of Person Filing:
THOMAS J. DEPPING
- --------------------------------------------------------------------------------
Item 2(b) Address of Principal Business Office:
600 TRAVIS STREET, SUITE 7050
HOUSTON, TEXAS 77002
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Item 2 (c) Citizenship:
U.S.A.
- --------------------------------------------------------------------------------
Item 2(d) Title of Class of Securities:
COMMON STOCK, $0.01 PAR VALUE
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Item 2 (e) CUSIP Number:
335944 10 4
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Item 3 If this statement is filed pursuant to Rules
13d-1(b), or 13d-2(b) or (c), check whether the
person filing is a:
(a) [ ] Broker or Dealer registered under Section 15
of the Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the
Act.
(c) [ ] Insurance Company as defined in Section
3(a)(19) of the Act.
(d) [ ] Investment Company registered under Section
8 of the Investment Company Act.
(e) [ ] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(D);
(f) [ ] An employee benefit plan endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person
in accordance with Rule 13d-1(b)(ii)(G);
(h) [ ] A savings association as defined in Section
3(b) of the Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the
definition of an investment company under Section
3(c)(14) of the Investment Company Act;
(j) [ ] Group, in accordance with Rule
13d-1(b)()(ii)(J).
If this statement is filed pursuant to Rule
13d-1(c), check this box. [ ]
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<PAGE>
Item 4(a) Amounts Beneficially Owned:
1,623,400
- --------------------------------------------------------------------------------
Item 4(b) Percent of Class:
11.41%
- --------------------------------------------------------------------------------
Item 4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
1,623,400
(ii) shared power to vote or to direct the vote:
None
(iii) sole power to dispose or to direct the
disposition of:
1,623,400
(iv) shared power to dispose or to direct the
disposition of:
None
Item 5 Ownership of Five Percent or 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: [ ]
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
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 10, 1999
/s/ Thomas J. Depping
----------------------
Thomas J. Depping
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations. (See 18 U.S.C. 10010)
