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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 6, 1997
GREASE MONKEY HOLDING CORPORATION
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(Exact name of registrant as specified in its charter)
Colorado 0-9812 87-0321320
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(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation) Identification No.)
216 Sixteenth Street, Suite 1100, Denver, Colorado 80202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (303) 534-1660
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ITEM 5. OTHER EVENTS
On February 6, 1997, Rex L. Utsler resigned as the President,
Chairman of the Board and as a director of Grease Monkey Holding Corporation
("Company"). On the same date, Charles E. Steinbrueck was appointed the
President and the Chief Executive Officer of the Company and James B. Wallace
was appointed the Chairman of the Board of Directors of the Company. Messrs.
Steinbrueck and Wallace continued their positions as directors of the Company.
On January 20, 1997, the Company agreed to sell to Mr. Steinbrueck
and Mr. Steinbrueck agreed to purchase from the Company 190,476 shares of the
Company's common stock at the January 20, 1997, closing price of $1.3125 per
share. The purchases must be completed by Mr. Steinbrueck by April 20, 1997.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: February 12, 1997
GREASE MONKEY HOLDING CORPORATION
By: /s/ T. TIMOTHY KERSHISNIK
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T. Timothy Kershisnik,
Corporate Secretary
