SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 11)*
Sierra Health Services, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
826322-10-9
(CUSIP Number)
*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).
SCHEDULE 13G
CUSIP No. 826322-10-9
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Anthony M. Marlon, M.D.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |_|
(B) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
5 SOLE VOTING POWER
NUMBER OF 2,542,753 shares of Common Stock at 12/31/98
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0- at 12/31/98
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 2,542,753 shares of Common Stock at 12/31/98
WITH
8 SHARED DISPOSITIVE POWER
-0- at 12/31/98
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,542,753 shares of Common Stock at 12/31/98
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* |X| See Item 4 of attached Schedule 13G
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.3% of outstanding class at 12/31/98
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1. (a) Name of Issuer:
Sierra Health Services, Inc.
(b) Address of Issuer's Principal Executive Offices:
2724 North Tenaya Way
Las Vegas, Nevada 89128
Item 2. (a) Name of Person Filing:
Anthony M. Marlon, M.D. ("Dr. Marlon")
(b) Address of Principal Business Office or, if none,
Residence:
2724 North Tenaya Way
Las Vegas, Nevada 89128
(c) Citizenship:
United States of America
(d) Title of Class of Securities:
Common Stock, $.005 par value
(e) CUSIP Number:
826322-10-9
Item 3. This statement is filed pursuant to Rule 13d-1(c). Items 3(a)
through 3(h) are, therefore, inapplicable.
Item 4. Ownership
(a) Amount Beneficially Owned:
Dr. Marlon may be deemed to beneficially own 2,542,753 shares of Common
Stock at December 31, 1998. The number of shares reported as beneficially owned
includes 2,329,003 shares held indirectly through a total of four trusts
established by Dr. Marlon and his wife, and 1,500 shares held indirectly through
a limited partnership (the "Partnership"). Dr. Marlon may be deemed to have or
share voting power and/or dispositive power over the shares held by the four
trusts and, therefore, to have beneficial ownership with respect to such shares.
Dr. Marlon, as managing general partner of the Partnership, has sole voting and
dispositive power over the shares held by the Partnership. Dr. Marlon disclaims
beneficial ownership as to the shares held by the four trusts, other than the
1,135,341 shares held by the Marlon Family Trust (a revocable trust of which he
is a trustee). The number of shares reported as beneficially owned also includes
212,250 shares that Dr. Marlon has a right to acquire within 60 days of December
31, 1998, upon exercise of options. Dr. Marlon's beneficial ownership does not
include 163,054 shares held in three trusts for the benefit of family members,
the trustee of each of which is Erin E. MacDonald, and does not include 652,648
shares held by the AMM & RM Family Limited
Partnership, the general partner of which is a trust for the benefit of a
family member; the trustees of that trust are Ms. MacDonald, William Godfrey,
and Jeannine M. Zeller (daughter of Dr. Marlon). Dr. Marlon's beneficial
ownership also does not include 102,750 shares subject to stock options which
are not currently exercisable and will not become exercisable within 60 days
after December 31, 1998.
(b) Percent of Class:
9.3% of the class of Common Stock outstanding at December 31, 1998
(c) Number of shares as to which Dr. Marlon has:
(i) sole power to vote or to direct the vote:
2,542,753 shares of Common Stock at December 31, 1998
(see Item 4(a) above.)
(ii) shared power to vote or to direct the vote: -0- shares
of Common Stock at December 31, 1998
(iii) sole power to dispose or to direct the disposition of:
2,542,753 shares of Common Stock at December 31, 1998
(see Item 4(a) above.)
(iv) shared power to dispose or to direct the disposition
of:
-0- shares of Common Stock at December 31, 1998
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification.
Not applicable. This statement is filed pursuant to Rule 13d-1(c).
The filing of this Amendment to Schedule 13G and amendments hereto, and the
statements herein and therein, shall not be construed as an admission that any
filing person or any other person named herein is, for purposes of Section
13(d), 13(g), 16(a), or 16(b) under the Exchange Act, or for any other purpose,
the beneficial owner of any of the securities described herein or therein,
except to the extent that a natural person is reported as having voting and
dispositive power, and thus beneficial ownership for purposes of Sections 13(d)
and 13(g), over securities owned directly by such person.
SIGNATURES
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 12, 1999
Date
/s/ Anthony M. Marlon, M.D.
ANTHONY M. MARLON, M.D.
Name/Title
