UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FINAL**
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 12)*
Ballard Medical Products
(Name of Issuer)
Common Stock, $.10 par value
(Title of Class of Securities)
05856610
(CUSIP Number)
Fee Filing Account No. 0001007027
Check the following box if a fee is being paid with this
statement _____. (A fee is not required only if the filing
person: (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).
* 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 the
disclosures provided in a prior cover page.
The information required in 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).
** This is the final amendment because the reporting
person's beneficial ownership is now less than 5%.
Cusip No. 05856610
Item 1: Reporting person: Dale H. Ballard
Item 2: Check the Appropriate Box if a Member of a Group:
(b)
Item 4: Citizenship: United States of America
Item 5: Sole Voting Power: 1,064,631
Item 6: Shared Voting Power: None
Item 7: Sole Dispositive Power: 1,064,631
Item 8: Shared Dispositive Power: None
Item 9: Aggregate Amount Beneficially Owned by Each
Reporting Person: 1,064,631 (See Note 1)
Item 11: Percent of Class Represented by Amount in Item 9:
3.66%
Item 12: Type of Reporting Person: IN
NOTES:
Note 1 As of December 31, 1997, the reporting person's
beneficial ownership of shares was as follows:
Dale H. Ballard Family Living Trust
(See Note 1) 641,551
Alice B. Ballard Family Living Trust
(See Note 2) 422,720
Indirect ownership through
Ballard Family Properties, Ltd.
("BFP") (See Note 3) 360
Total beneficial ownership 1,064,631
Note 2 Dale H. Ballard is the sole Trustee of these
trusts.
Note 3 BFP is a Utah limited partnership. Neither Dale
H. Ballard nor his wife owns any partnership
interest in BFP. Its sole general partner is
Ballard Family Development Corporation ("BFDC"),
100% of whose shares are owned by Dale H. Ballard.
BFDC owns a 1.02% interest in BFP. BFP owns
30,000 shares of Ballard Medical Products common
stock. 1.02% of 30,000 shares = 360 shares.
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.
February 26, 1998
(Date)
Dale H. Ballard
(Signature)
Dale H. Ballard
(Name and Title)