Form 3
Initial Statement of Beneficial Ownership of Securities
Reporting Person: Glaisner, Richard J.
900 West Bradley Road
Milwaukee, Wisconsin 53217
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: 27,434
Ownership Form: Direct
Title of Derivative
Security: Common Stock (1)
Date Exercisable: 07-01-97
Expiration Date: 06-30-07
Title of Securities
Underlying Derivative
Security: Common Stock
Amount of Securities
Underlying Derivative
Security: 50,000
Conversion or
Exercise Price of
Derivative Security: $19.00
Ownership Form of
Derivative Security: Direct
(1) Subject to vesting schedule, which is dependent upon earnings of a
specific subsidiary of the issuer during the 36 month period ending
June 30, 2000.