SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
TRANSCOASTAL MARINE SERVICES, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
893537 10 0
(CUSIP Number)
THE SUCCESSION OF HERBERT D. HUGHES
ELIZABETH H. DEPASS, EXECUTRIX
5801 CITRUS BOULEVARD
HARAHAN, LA 70123
(504) 733-2800
with a copy to:
CARL C. HANEMANN
201 ST. CHARLES AVENUE, FLOOR 51
NEW ORLEANS, LA 70170
(504) 582-8156
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
NOVEMBER 3, 1998
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check
the following box [].
NOTE: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
*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).
CUSIP No. 893537 10 0
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1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(entities only)
The Succession of Herbert D. Hughes 72-6173481
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) _____
(b) _____
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3) SEC Use Only
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4) Source of Funds (See Instructions)
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5) Check if Disclosure of Legal Proceedings is Required pursuant
to Items 2(d) or 2(e)
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6) Citizenship or Place of Organization - United States of America
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Number of 7) Sole Voting Power ...................... 34,600
Shares Bene- ---------------------------------------------------
ficially 8) Shared Voting Power .................... 0
Owned by ---------------------------------------------------
Each Reporting 9) Sole Dispositive Power ................. 34,600
Person ---------------------------------------------------
With 10) Shared Dispositive Power ............... 0
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11) Aggregate Amount Beneficially Owned by Each
Reporting Person .................................................. 34,600
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12) Check if the Aggregate Amount in Row (11)
Excludes Certain Shares (See Instructions)
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13) Percent of Class Represented by Amount
in Row 11 less than 1 %
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14) Type of Reporting Person (See Instructions) OO
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PRELIMINARY STATEMENT.
This statement is filed to report the sale of a sufficient number of
shares of the common stock, $0.001 par value per share (the "Common Stock")
of TransCoastal Marine Services, Inc. (the "Company") to cause the holdings
of the reporting persons to be reduced to substantially less than 5% of the
number of outstanding shares of Common Stock. Accordingly, the reporting
persons will not file further amendments to this Schedule 13D.
ITEM 1. SECURITY AND ISSUER.
This statement relates to shares of Common Stock of the Company. The
Company's principal executive office is located at 2925 Briarpark Drive,
Suite 930, Houston, TX 77042.
ITEM 2. IDENTITY AND BACKGROUND.
(a) This statement is filed by (i) the Succession of Herbert D.
Hughes ("the Succession") as the direct beneficial owner of 34,600 shares
of Common Stock and (ii) Elizabeth H. DePass, as the Executrix of the
Succession (collectively with the Succession, the "Reporting Persons").
(b) The principal business address of the Reporting Persons is 5801
Citrus Blvd., Harahan, Louisiana, 70123.
(c) The present principal occupation of Ms. DePass is serving as the
Executrix of the Succession. Ms. DePass is also an attorney.
(d) Neither of the Reporting Persons has been convicted in a criminal
proceeding in the past five years (excluding traffic violations or similar
misdemeanors).
(e) Neither of the Reporting Persons has been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is subject to a judgment, decree
or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any
violation with respect to such laws during the past five years.
(f) The Succession was created upon the filing of a petition in
Louisiana to probate the last will and testament of Herbert D. Hughes. Ms.
DePass is a citizen of the United States of America.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Not applicable.
ITEM 4. PURPOSE OF TRANSACTION.
Not applicable.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) As of the date hereof, the Succession beneficially owns 34,600
shares of Common Stock, which shares amount to less than 1% of the shares
of Common Stock believed to be outstanding.
(b) Ms. DePass, as the Executrix of the Succession, possesses the
sole power to vote and the sole power to dispose of the shares of Common
Stock held by the Succession.
(c) On November 3, 1998, 465,400 shares of Common Stock owned by the
Succession were sold in the open market in routine broker's transactions.
(d) Ms. DePass, as the Executrix of the Succession, has the right to
receive and the power to direct the receipt of dividends from, or the
proceeds from the sale of, the securities held by the Succession.
(e) The Succession ceased to be the beneficial owner of more than
five percent of the Common Stock on November 3, 1998.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
There are no contracts, arrangements, understandings or relationships
(legal or otherwise) between the Succession and any other person, except
Ms. DePass, with respect to any securities of the Company, including but
not limited to transfer or voting of any of the securities, finders' fees,
joint ventures, loan or option agreements, puts or calls, guarantees of
profits, division of profits or loss, whether giving or withholding of
proxies. None of the securities of the Company beneficially owned by the
Succession are pledged or otherwise subject to a contingency, the
occurrence of which would give another person voting power or investment
power over such securities.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Not applicable.
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.
Date: November 23, 1998 Succession of Herbert D. Hughes
Elizabeth H. DePass, Executrix
By: /s/Elizabeth H. DePass
--------------------------------
Elizabeth H. DePass
Executrix of the Succession of
Herbert D. Hughes
