WELLS FARGO & CO
SC 13G/A, 1998-02-17
NATIONAL COMMERCIAL BANKS
Previous: WELLS FARGO & CO, SC 13G, 1998-02-17
Next: WELLS FARGO & CO, SC 13G/A, 1998-02-17



<PAGE>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                        
                                  SCHEDULE 13G
                                        
                                        
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                        
                               (AMENDMENT NO. 2)*
                                        
                                        
                             ONTRAK SYSTEMS INC (DE)
                                (Name of Issuer)
- ------------------------------------------------------------------------------
                                        
                                     COMMON
                         (Title of Class of Securities)
- ------------------------------------------------------------------------------
                                        
                                    683374102
                             ----------------------
                                  (CUSIP Number)

Check the following box if a fee is being paid with this statement./ /  (A fee 
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

*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).

<PAGE>

CUSIP No. 683374102               13G




  1 Name of Reporting Person
    S.S. or I.R.S. Identification No. of Above Person

                           WELLS FARGO BANK, N.A.

  2 Check the Appropriate Box if a Member of a Group*
                                                       (a) / /
                                                       (b) / /

  3 SEC Use Only



  4 Citizenship or Place of Organization

                                  U.S.A.

                           5    Sole Voting Power
 NUMBER OF                 
                                11,000
   SHARES                  
                           6    Shared Voting Power
BENEFICIALLY               
                                0
OWNED BY EACH              
                           7    Sole Dispositive Power
 REPORTING                 
                                0
PERSON WITH                
                           8    Shared Dispositive Power
                                              
                                11,000

  9 Aggregate Amount Beneficially Owned by Each Reporting Person

                                11,000

10  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*


11  Percent of Class Represented by Amount in Row 9

                                .14%

12  Type of Reporting Person*
                                Bank

                   *SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>

                   SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C.  20549

                               SCHEDULE 13G
                UNDER THE SECURITIES EXCHANGE ACT OF 1934
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------

ITEM 1(a).     NAME OF ISSUER:

                    ONTRAK SYSTEMS INC (DE)

ITEM 1(b).     ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                    1010 Rincon Circle
                    San Jose, CA  95131

ITEM 2(c).     NAME OF PERSON FILING:

                    Wells Fargo Bank, National Association

ITEM 2(b).     ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

                    343 Sansome Street 3rd Floor
                    San Francisco, California  94163

ITEM 2(c).     CITIZENSHIP:

                    U.S.A.

ITEM 2(d).     TITLE OF CLASS OF SECURITIES:

                    Common Stock

ITEM 2(e).     CUSIP NUMBER:

                    683374102

ITEM 3.        THE PERSONS FILING THIS SCHEDULE, PURSUANT TO PARAGRAPH
               240.13d-1(b) ARE A:

                    (b) (X) Bank as defined in Section 3(a)(6) of the Act.

ITEM 4.        OWNERSHIP:

                    See items 5-11 of cover page.

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 box. /X/

<PAGE>

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:

               BY SIGNING BELOW I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE
               AND BELIEF, THE SECURITIES REFERRED TO ABOVE WERE ACQUIRED IN THE
               ORDINARY COURSE OF BUSINESS AND WERE NOT ACQUIRED FOR THE PURPOSE
               OF AND DO NOT HAVE THE EFFECT OF CHANGING OR INFLUENCING THE
               CONTROL OF THE ISSUER OF SUCH SECURITIES AND WERE NOT ACQUIRED IN
               CONNECTION WITH OR AS A PARTICIPANT IN ANY TRANSACTION HAVING
               SUCH PURPOSES OR EFFECT.

               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.



                            By:
- ----------------                ----------------------------------------------
     Date                       GUY ROUNSAVILLE, JR.
                                Executive Vice President,
                                Chief Counsel and Secretary
                                WELLS FARGO BANK, N.A.



                            By:
- ----------------                ----------------------------------------------
     Date                       GUY ROUNSAVILLE, JR.
                                Executive Vice President,
                                Chief Counsel and Secretary
                                WELLS FARGO AND COMPANY



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission