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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
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hours per response .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 6. If Amendment, Date
Dirks Robert E. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) Pegasus Systems, Inc. (PEGS) (Month/Day/Year)
(Last) (First) (Middle) 05/05/98 ------------------------------------
9336 Civic Center Drive ---------------------------- 5. Relationship of Reporting ------------------
- ---------------------------------------- 3. IRS or Social Security Person to Issuer 7. Individual or
(Street) Number of Reporting (Check all applicable) Joint/Group Filing
Person (Voluntary) (check applicable
X Director 10% Owner box)
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Beverly Hills, California 90210 Officer Other (specify [X] Form filed by
- -------------------------------------- ----- (give ----- below) One Reporting
(City) (State) (Zip) title below) Person
[ ] Form filed by
------------------------------------ More than One
Reporting
Person
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TABLE 1 -- 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. Page 1 of 2
*If the form is filed by more than one reporting person see Instruction 4(b)(v).
(Print or Type Responses) SEC 1473 (7/96)
Page 1 of 2 pages
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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 6. Date 7. Title and Amount of 8. Conver- 10. Owner- 11. 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
------------------------------------------------- (Instr. 5) (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Stock Options (Right to buy) (1) 5/5/01 Common Stock 2,000 $22.63 D N/A
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Explanation of Responses:
(1) One Hundred Percent (100%) of this Option may be exercisable, in whole
or in part as of the date of the 1999 Annual Stockholders' Meeting of
Pegasus Systems, Inc.
/s/ RIC L. FLOYD 5/1/98
**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
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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. Page 2 of 2
SEC 1474 (7/96)
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