Form 3
Initial Statement of Beneficial Ownership of Securities
Reporting Person: Wagner, John C.
1204 Vine Place
West Bend, Wisconsin 53095
Date of Event
Requiring Statement: March 25, 1998
Issuer Name and
Ticker or Trading Symbol: The Ziegler Companies, Inc. ("ZCO")
Relationship of
Reporting Person
to Issuer: Executive Officer
Title of Security: Common Stock
Amount of Securities
Beneficially Owned: 3,110
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: 1,150
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.
