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
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1. Name and Address of Reporting Person*
Donald H. Gullquist, as a trustee of the Coastal Corporation Second Pension
Trust, and as the designated beneficial owner on behalf of the persons named on
Exhibit A to this Form 3
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Nine Greenway Plaza
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(Street)
Houston, Texas 77046-0995
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
August 13, 1999
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
INTELECT COMMUNICATIONS INC (ICOM)
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5. Relationship of Reporting Person to Issuer (Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
N/A
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7. Individual or Joint/Group Filing (Check Applicable Line)
[ ] Form filed by One Reporting Person
[ X ] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
Common Stock, $.01 3,662,065 D N/A
par value
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses).
Page 1 of 3 Pages
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FORM 3 (continued)
<TABLE>
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
$2.0145 Cumulative 6/2/97 N/A Common Stock, $.01 3,719,409 N/A D N/A
convertible Preferred par value
Stock, Series A, par
value $.01 per share
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WARRANT 8/26/97 8/26/02 Common Stock, $.01 450,000 $1.30 D N/A
par value
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WARRANT 8/13/99 8/12/04 Common Stock, $.01 1,067,308 $1.30 D N/A
par value
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</TABLE>
Explanation of Responses:
/s/ DONALD H. GULLQUIST, August 24, 1999
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Donald H. Gullquist, on behalf of himself and
on behalf of the persons name on Exhibit A to
this Form 3
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
Page 2 of 3 Pages
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Exhibit A to Form 3
Names and Addresses of Each Other Reporting Person:
Name Address
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Coby C. Hesse Nine Greenway Plaza
Houston, Texas 77046-0995
Carl A. Corrallo Nine Greenway Plaza
Houston, Texas 77046-0995
Pension Plan for Employees of Nine Greenway Plaza
The Coastal Corporation Houston, Texas 77046-0995
The above authorize Donald H. Gullquist to execute the attached Form 3 on
their behalf.
