FORM 4
( ) Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may continue.
See Instruction 1(b).
U.S. SECURITIES AND EXCHANGE COMMISSION _____________________
WASHINGTON, D.C. 20549 | OMB APPROVAL |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |_____________________|
|OMB NUMBER: 3235-0287|
|EXPIRES: |
| SEPTEMBER 30, 1998 |
Filed pursuant to Section 16(a) of the |ESTIMATED AVERAGE |
Securities Exchange Act of 1934, |BURDEN HOURS |
Section 17(a) of the Public Utility |PER RESPONSE 0.5 |
Holding Company Act of 1935 |_____________________|
or Section 30(f) of the Investment
Company Act of 1940
____________________________________________________________________________
1. Name and Address of Reporting Person
DOUGLAS K. MELLINGER
____________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
PRT GROUP INC. (PRTG)
____________________________________________________________________________
3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY)
WITHHELD
____________________________________________________________________________
4. Statement for Month/Year
07/98
____________________________________________________________________________
5. If Amendment, Date of Original (Month/Year)
____________________________________________________________________________
6. Relationship of reporting person to Issuer (Check all applicable)
(X ) DIRECTOR
(X ) 10% OWNER
(X ) OFFICER (GIVE TITLE BELOW)
( ) OTHER (SPECIFY TITLE BELOW)
CHAIRMAN AND CHIEF EXECUTIVE OFFICER
_____________________________________________________
____________________________________________________________________________
7. Individual, or Joint/Group Filing (Check all applicable)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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TABLE I
Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
____________________________________________________________________________
1. Title of Security (Instr. 3)
PRT GROUP INC. COMMON STOCK
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2. Transaction Date (Month/Day/Year)
1. 12/23/97
2. 7/15/98
3. 7/15/98
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3. Transaction Code (Instr. 8)
1. P
2. J- DISTRIBUTION OF SHARES FROM THE MELLINGER GROUP LLC TO ITS MEMBERS
3. J- ACQUISITION OF SHARES FROM THE MELLINGER GROUP LLC
____________________________________________________________________________
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)
1. (D) 79,333
2. (D) 6,060,000
3. (A) 2,020,040
____________________________________________________________________________
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
2,027,707
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6. Ownership Form: Direct(D) or Indirect(I) (Instr. 4)
1. N/A
2. N/A
3. DIRECT
____________________________________________________________________________
7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. HELD BY THE MELLINGER GROUP LLC
2. HELD BY THE MELLINGER GROUP LLC
3. N/A
____________________________________________________________________________
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
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TABLE II
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., Puts, Calls, Warrants, Options, Convertible securities)
____________________________________________________________________________
1. Title of Derivative Security (Instr. 3)
____________________________________________________________________________
2. Conversion or Exercise Price of Derivative Security
____________________________________________________________________________
3. Transaction Date (Month/Day/Year)
____________________________________________________________________________
4. Transaction Code (Instr. 8)
____________________________________________________________________________
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
____________________________________________________________________________
6. Date Exercisable and Expiration Date (Month/Day/Year)
____________________________________________________________________________
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
____________________________________________________________________________
8. Price of Derivative Securities (Instr. 5)
____________________________________________________________________________
9. Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)
____________________________________________________________________________
10. Ownership Form of Derivative Security: Direct(D) or Indirect(I)
(Instr. 4)
____________________________________________________________________________
11. Nature of Indirect Beneficial Ownership (Instr. 4)
____________________________________________________________________________
EXPLANATION OF RESPONSES:
THE PURPOSE OF THIS FORM IS TO (A) REPORT A TRANSACTION THAT OCCURRED IN
DECEMBER OF 1997, AND (B) TO INDICATE A CHANGE IN THE NATURE THE REPORTING
PERSON'S BENEFICIAL OWNERSHIP OF SHARES FROM INDIRECT TO DIRECT. THE
MELLINGER GROUP LLC (THE "LLC") DISTRIBUTED SHARES THE REPORTING PERSON IN
PROPORTION HIS PRO RATA INTEREST IN THE LLC. THE LLC HAD ACQUIRED SHARES
IN PRIOR TO THE REGISTRATION OF SUCH SHARES UNDER THE SECURITIES EXCHANGE
ACT OF 1934, AS AMENDED.
/s/ Douglas K. Mellinger 8/10/98
_____________________________________ ________________
** SIGNATURE OF REPORTING PERSON DATE
_____________________________
** INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A).
