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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
EDUTREK INTERNATIONAL, INC.
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(Name of Issuer)
Class A Common Stock
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(Title of Class of Securities)
28164K 10 8
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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).
(Continued on the following page(s))
Page 1 of 8 Pages
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CUSIP NO. 28164K 10 8 13G PAGE 2 OF 8 PAGES
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
R. Steven Bostic
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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
United States
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(5) SOLE VOTING POWER
3,468,850
NUMBER OF
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY
EACH 2,866,150
REPORTING
PERSON WITH --------------------------------------------------------
(7) SOLE DISPOSITIVE POWER
3,468,850
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(8) SHARED DISPOSITIVE POWER
2,866,150
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,335,000
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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
59.6%
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(12) TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 28164K 10 8 13G PAGE 3 OF 8 PAGES
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Alice J. Bostic
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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
UNITED STATES
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(5) SOLE VOTING POWER
NUMBER OF -0-
SHARES
BENEFICIALLY --------------------------------------------------------
OWNED BY
EACH (6) SHARED VOTING POWER
REPORTING
PERSON WITH 2,866,150
--------------------------------------------------------
(7) SOLE DISPOSITIVE POWER
-0-
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(8) SHARED DISPOSITIVE POWER
2,866,150
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,866,150
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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
27.0%
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(12) TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1(a). Name of Issuer.
EduTrek International, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices
3340 Peachtree Road, Suite 2000, Atlanta, Georgia 30326
Item 2(a). Name of Person Filing.
This statement is filed by:
R. Steven Bostic
Alice J. Bostic
(collectively, the "Reporting Persons")
Item 2(b). Address of Principal Business Office of, in none, Residence.
3340 Peachtree Road, Suite 2000, Atlanta, Georgia 30326
Item 2(c). Citizenship
Both Mr. and Mrs. Bostic are citizens of the United States.
Item 2(d). Title of Class of Securities.
Class A Common Stock, without par value.
Item 2(e). CUSIP Number
28164K 10 8
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a :
Not applicable.
Item 4(a). Amount Beneficially Owned as of December 31, 1997.
A. R. Steven Bostic: 6,335,000 shares
The amount of shares beneficially owned by R. Steven Bostic includes 42,000
shares of Class A Common Stock owned by The Bostic Family Foundation over which
Mr. Bostic exercises voting and investment power, 2,824,150 shares of Class B
Common Stock owned by Mr. Bostic, 2,866,150 shares of Class B Common Stock owned
by his wife, Alice J. Bostic, and 602,700 shares of Class B Common Stock owned
by The Bostic Family Limited Partnership, over which Mr. Bostic exercises voting
and investment power as general partner. The shares
Page 4 of 8 Pages
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of Class B Common Stock are immediately convertible into shares of Class A
Common Stock on a one-for-one basis.
B. Alice J. Bostic: 2,866,150 shares
The amount of shares beneficially owned by Alice J. Bostic represent
shares of Class B Common Stock owned by Mrs. Bostic.
Item 4(b). Percent of Class.
A. R. Steven Bostic: 59.6%, assuming conversion of all
Class B shares into Class A shares
B. Alice J. Bostic: 27.0%, assuming conversion of all
Class B shares into Class A shares
The percentages are based upon the aggregate number of shares of Class
A and Class B Common Stock issued and outstanding as of December 31, 1997.
Item 4(c). Number of Shares as to Which Such Person has:
A. R. Steven Bostic:
(i) sole power to vote or to direct the vote:
3,468,850
(ii) shared power to vote or to direct the vote:
2,866,150
(iii) sole power to dispose or to direct the
disposition of: 3,468,850
(iv) shared power to dispose or to direct the
disposition of: 2,866,150
B. Alice J. Bostic:
(i) sole power to vote or to direct the vote: -0-
(ii) shared power to vote or to direct the vote:
2,866,150
(iii) sole power to dispose or to direct the
disposition of: -0-
(iv) shared power to dispose or to direct the
disposition of: 2,866,150
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.
Page 5 of 8 Pages
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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.
Page 6 of 8 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.
February 12, 1998 /s/ R. Steven Bostic
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R. Steven Bostic
/s/ Alice J. Bostic
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Alice J. Bostic
Page 7 of 8 Pages
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EXHIBIT 1
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13D-1(F)(1)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G, is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G, shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.
February 12, 1998
/s/ R. Steven Bostic
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R. Steven Bostic
/s/ Alice J. Bostic
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Alice J. Bostic
Page 8 of 8 Pages