Form 3
Initial Statement of Beneficial Ownership of Securities
Reporting Person: Annett, Joan M.
14 Sunset Drive
Kensington, California 94707
Date of Event
Requiring Statement: March 10, 1998
Issuer Name and
Ticker or Trading Symbol: The Ziegler Companies, Inc. ("ZCO")
Relationship of
Reporting Person
to Issuer: Executive Committee Member
Title of Security: Common Stock
Amount of Securities
Beneficially Owned: 8,808
Ownership Form: Direct
Title of Derivative
Security: Common Stock (1)
Date Exercisable: 06-01-97
Expiration Date: 05-31-99
Title of Securities
Underlying Derivative
Security: Common Stock
Amount of Securities
Underlying Derivative
Security: 1,950
Conversion or
Exercise Price of
Derivative Security: *
Ownership Form of
Derivative Security: Direct
(1) Options granted under Issuer's 1989 Employee Stock Purchase Plan,
available to substantially all employees of Issuer who have been
employed for two years at the option grant date.
* 85% of market price of Issuer's Common Stock at time of exercise.
