U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
[ ] Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may
continue. See Instruction 1(b).
1. Name and Address of Reporting Person
Frazer Michael O.
(Last) (First) (Middle)
11498 Lynch Road
(Street)
Battle Creek Michigan 49014
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SEMCO Energy, Inc. -- SMGS
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
August 1998
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
-------------------------------
7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<CAPTION>
1. Title of 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
Security action action or Disposed of (D) Securities ship of In-
(Instr. 3) Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. -------------------------- Owned at Direct Bene-
(Month/ 8) (A) End of (D) or ficial
Day/ ---------- or Month Indirect Owner-
Year) Code V Amount (D) Price (Instr. 3 (I) ship
and 4) (Instr. 4) (Instr. 4)
- ---------------- -------------- ---- --- -------- --- ------- ------------------ ---------------- -------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 8/11/98 P 500 A $16.00 6,576<F1> D
Common Stock 1,274<F1> I By Spouse
<FN>
<F1>
Includes shares acquired as a result of a 5% stock dividend paid May 15, 1998, to common shareholders.
</FN>
</TABLE>
<TABLE>
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<CAPTION>
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Title of Conver- Trans- Transac- Number of Deriv- Date Exer- Title and Price Number Owner- Nature
Deriva- sion or action tion Code ative Securities cisable and Amount of of of Deriv- ship of In-
tive Exercise Date (Instr. Acquired (A) or Expiration Underlying Deriv- ative Form direct
Security Price of (Month/ 8) Disposed of (D) Date Securities ative Secur- of De- Bene-
(Instr. Deriv- Day/ (Instr. 3, 4, (Month/Day/ (Instr. 3 Secur- ities rivative ficial
3) ative Year) and 5) Year) and 4) ity Bene- Secu- Own-
Security ---------- ------------------ --------------- --------------- (Instr. ficially ity: ership
5) Owned Direct (Instr.
Amount at End (D) or 4)
Date or of Indi-
Exer- Expir- Num- Month rect (I)
cis- ation Title ber of (Instr. (Instr.
Code V (A) (D) able Date Shares 4) 4)
- ---------- --------- --------- ----- ---- -------- -------- ------- ------- -------- ------ --------- --------- --------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Stock $15.952 March 2, A V 1,050 Mar. 2, Common 1,050
Option <F1> 1998 <F1> <F2> 2008 Stock <F1> 0 1,050 D
<FN>
<F1>
The option granted on March 2, 1998 was for 1,000 common shares at an exercise price of $16.75 per share, but was adjusted to
reflect the 5% stock dividend paid May 15, 1998.
<F2>
The option vests in three equal annual installments beginning on March 2, 1999.
</FN>
</TABLE>
Explanation of Responses:
See footnotes above.
Michael O. Frazer September 1, 1998
--------------------- ------------------
**Signature of Date
Reporting Person
**Intentional misstatements or
omissions of facts constitute
Federal Criminal Violations. See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
