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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Collins Industries, Inc.
(Name of Issuer)
Common Stock, par value $.10 per share
(Title of Class of Securities)
194858106
(CUSIP Number)
Larry W. Sayre
Vice President--Finance
Collins Industries, Inc.
421 East 30th Avenue
Hutchinson, Kansas 67502-2493
(316) 663-5551
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 15, 1994
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of
this Schedule 13D, and is filing this schedule because of Rule
13d-1(b)(3) or (4), check the following box
Check the following box if a fee is being paid with the statement
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in
a prior cover page.
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 194858106
_________________________________________________________________
1) Name and Social Security Number of Reporting Person
Donald Lynn Collins S.S.N.: ###-##-####
_________________________________________________________________
2) Check the Appropriate Box if (a)
a Member of a Group
(b)
_______________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Source of Funds
Not applicable
_________________________________________________________________
5) Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
_________________________________________________________________
6) Citizenship or Place of Organization
United States of America
_________________________________________________________________
7) Sole Voting Power
381,875
__________________________________________________
Number of 8) Shared Voting Power
Shares 64,922
Beneficially __________________________________________________
Owned by 9) Sole Dispositive Power
the 381,875
Reporting __________________________________________________
Person with: 10) Shared Dispositive Power
64,922
_________________________________________________________________
11) Aggregate Amount Beneficially Owned
by the Reporting Person
446,797
_________________________________________________________________
12) Check Box if the Aggregate Amount in
Row (11) Excludes Certain Shares
________________________________________________________________
13) Percent of Class Represented by Amount in Row (11)
6.0%
_________________________________________________________________
14) Type of Reporting Person
IN
_________________________________________________________________
Item 1. Security and Issuer.
The title of the class of equity securities to which
this Schedule relates is common stock, par value $.10 per share
(the "Common Stock"), of Collins Industries, Inc., a Missouri
corporation (the "Company"). The address of the principal
executive offices of the Company is 421 East 30th Avenue,
Hutchinson, Kansas 67502-2493.
Item 2. Identity and Background.
(a)-(c) The name and present principal occupation of
the individual filing this Schedule is Donald Lynn Collins,
President, Chief Operating Officer and Director of the Company.
The principal business address of Mr. Collins is 421 East 30th
Avenue, Hutchinson, Kansas 67502-2493.
(d) During the last five years, Mr. Collins has not
been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) On November 3, 1994, the Securities and Exchange
Commission (the "Commission") instituted public administrative
proceedings against the Company, Mr. Collins, and other
representatives of the Company, pursuant to Section 21C of the
Securities Exchange Act of 1934 (the "Exchange Act") and Section
8A of the Securities Act of 1933 (the "Securities Act")
concerning alleged violations of the anti-fraud, reporting and
internal controls provisions of the Exchange Act and the
Securities Act. Simultaneously with the institution of the
proceedings, the Commission accepted an offer of settlement from
each respondent in which, without admitting or denying the
findings of the Commission, each respondent agreed to the
issuance of an order directing the respondent to cease and desist
from committing and/or causing violations of certain provisions
of the Exchange Act and, as to the Company and Mr. Collins, the
Securities Act.
(f) Mr. Collins is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration.
On December 15, 1994, Mr. Collins acquired 21,000
currently exercisable options to purchase shares of Common Stock
of the Company pursuant to the Company's Stock Option Plan. On
January 20, 1995, Mr. Collins acquired 75,000 shares of Common
Stock of the Company to be held in escrow until December 15, 1997
pursuant to the terms of the Escrow Agreement executed between
Mr. Collins and the Company. On February 24, 1995, Mr. Collins
acquired 9,000 currently exercisable options to purchase shares
of Common Stock of the Company pursuant to the Company's Stock
Option Plan. As a result of these transactions, Mr. Collins
increased his beneficial interest in the Company to 6.0%.
Item 4. Purpose of Transaction.
The primary purpose of the foregoing acquisitions by
Mr. Collins is for investment purposes only and with no present
intent or agreement to distribute or resell such securities.
Mr. Collins does not have any current plans or
proposals which would relate to or result in any action numerated
in Item 4 of Schedule 13D. In Mr. Collins' capacity as an
officer and member of the Board of Directors of the Company, it
is possible that Mr. Collins may at some future date become
involved in a wide range of activities on behalf of the Company.
Item 5. Interest in Securities of the Issuer.
(a) The aggregate number of shares of Common Stock of
the Company beneficially owned by Mr. Collins is 446,797,
representing 6.0% of the total outstanding number of shares
of the class of such securities. Of the 446,797 shares
reported, 180,000 shares are deemed beneficially owned
pursuant to currently exercisable options and 75,000 shares
which are held pursuant to the terms of the Escrow Agreement
executed between Mr. Collins and the Company.
(b) Number of shares to which Mr. Collins has:
(i) Sole power to vote or to direct the vote:
381,875
(ii) Shared power to vote or to direct the vote:
64,922
(iii) Sole power to dispose or to direct the
disposition of: 381,875
(iv) Shared power to dispose or to direct the
disposition of: 64,922
(c) On January 27, 1996, Mr. Collins acquired 36,000
options to purchase shares of Common Stock of the Company
pursuant to the Company's Stock Option Plan.
(d) No other person is known to have the right to
receive or the power to direct the receipt of dividends
from, or the proceeds from, the sale of the Common Stock to
which this statement relates.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships With Respect to Securities of the Issuer.
There are no contracts, arrangements, understandings or
relationships relating to the items described in Item 6 of
Schedule 13D.
Item 7. Material to Be Filed as Exhibits.
None.
SIGNATURE
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set forth in
this Statement is true, complete and correct.
Date: February 14, 1996
/s/Donald Lynn Collins
Name: Donald Lynn Collins
