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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section
30(f) of the Investment Company Act of 1940.
1. Name and Address of Reporting Person:
Haglund, Bruce Howard
2 Park Plaza, Suite 450
Irvine, CA 92660
2. Date of Event Requiring Statement (Month/Day/Year):
March 22, 1999
3. IRS or Social Security Number of Reporting Person
(Voluntary):
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4. Issuer Name and Ticker or Trading Symbol:
Metalclad Corporation ( MTLC )
5. Relationship of Reporting Person to Issuer (Check all
applicable):
X Director 10% Owner
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Officer (give title below) Other (specify below)
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6. If Amendment, Date of Original (Month/Year):
N/A
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Table I
Non-Derivative Securities Beneficially Owned
1. Title of Security:
Common Stock
2. Amount of Securities Beneficially Owned:
6,500
3. Ownership Form: Direct (D) or Indirect (I):
D
4. Nature of Indirect Beneficial Ownership:
N/A
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Table II
Derivative Securities Acquired Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security:
Common Stock Options
<TABLE><S><C> <C> <C> <C> <C> <C>
2. 3. 4. 5.
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Date Exercisable and Amount or Conversion Ownership
Expiration Date Number of or Exercise Form of
(Month/Day/Year): Title Shares Price of Derivative
Derivative Security:
Security Direct (D)
Date Expiration or Indirect (I)
Exercisable Date
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08/18/92 08/18/02 Common Stock 50,000 $2.25 D
03/24/93 03/24/03 Common Stock 25,000 $2.25 D
03/07/95 03/07/05 Common Stock 150,000 $2.25 D
02/03/98 02/03/08 Common Stock 25,000 $1.50 D
11/05/98 11/05/08 Common Stock 148,000 $0.56 D
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Explanation of Responses:
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/s/ Bruce H. Haglund 4/1/99
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Signature of Reporting Person Date