<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
- -------------------------------------------------------------------------------
SCHEDULE 13G
(AMENDMENT NO. ___)
BancFirst Corporation
---------------------------------
(NAME OF ISSUER)
COMMON STOCK
---------------------------------
(TITLE OF CLASS OF SECURITIES)
05945F103
---------------------------------
(CUSIP NUMBER)
May 1, 1998
---------------------------------
(Date of Event Which Requires Filing of This Statement)
- -------------------------------------------------------------------------------
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ X ] Rule 13d-(c)
[ ] Rule 13d-1(d)
* 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).
(CONTINUED ON FOLLOWING PAGE(S))
CUSIP NO. 05945F103 13G Page 1 of 9 Pages
<PAGE>
1. NAME OF REPORTING PERSON
Cleo L. Craig Grandchildrens Trust
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 73-6252691
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Oklahoma
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER 345,044
SHARES
BENEFICIALLY -------------------------------------------------------
OWNED 6. SHARED VOTING POWER -0-
AS OF
MAY 1, 1998 -------------------------------------------------------
BY EACH 7. SOLE DISPOSITIVE POWER 345,044
REPORTING
PERSON -------------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
414,574
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.1%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON *
OO
- --------------------------------------------------------------------------------
CUSIP NO. 05945F103 13G Page 2 of 9 Pages
<PAGE>
1. NAME OF REPORTING PERSON
C.L. Craig, Jr.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-####
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Oklahoma
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER 783
SHARES
BENEFICIALLY -------------------------------------------------------
OWNED 6. SHARED VOTING POWER 413,007
AS OF
MAY 1, 1998 -------------------------------------------------------
BY EACH 7. SOLE DISPOSITIVE POWER 783
REPORTING
PERSON -------------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER 413,007
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
414,574
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.1%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
CUSIP NO. 05945F103 13G Page 3 of 9 Pages
<PAGE>
1. NAME OF REPORTING PERSON
Michael Thomas Craig
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-####
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Oklahoma
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER 784
SHARES
BENEFICIALLY -------------------------------------------------------
OWNED 6. SHARED VOTING POWER 412,807
AS OF
MAY 1, 1998 --------------------------------------------------
BY EACH 7. SOLE DISPOSITIVE POWER 784
REPORTING
PERSON --------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER 412,807
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
414,574
(Not to be construed as an admission of beneficial ownership)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.1%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
CUSIP NO. 05945F103 13G Page 4 of 9 Pages
<PAGE>
- --------------------------------------------------------------------------------
Item 1 (a) Name of Issuer:
-------------------
BancFirst Corporation
Item 1 (b) Address of Issuer's Principal Executive Offices:
----------------------------------------------------------
101 N. Broadway
Suite 200
Oklahoma City, Oklahoma 73102
Item 2 (a) Name of Person Filing:
----------------------------
This filing is made on behalf of the Cleo L. Craig Granchildrens
Trust ("Craig Trust"), C.L. Craig, Jr., individually and as
Co-Trustee of the Craig Trust and the Cleo L. Craig Trust ("CLC
Trust"), and Michael Thomas Craig, individually and as Co-Trustee
of the Craig Trust and the CLC Trust.
Item 2 (b) Address of Principal Business Office:
---------------------------------------------
The principal business offices of the Craig Trust, CLC Trust and
C.L. Craig, Jr. is 14 Beckley, Shawnee, Oklahoma 74801. The
principal business offices of Michael Thomas Craig is 2420 Pearl
Drive, Chickasha, Oklahoma 73018.
Item 2 (c) Citizenship:
--------------
Oklahoma
Item 2 (d) Title of Class of Securities:
---------------------------------
Common Stock
Item 2 (e) CUSIP Number:
--------------------
05945F103
Item 3 Type of Reporting Person:
--------------------------------
If this statement is filed pursuant to Section 240.13d-1(c),
check this box [ X ].
CUSIP NO. 05945F103 13G Page 5 of 9 Pages
<PAGE>
Item 4 Ownership as of May 1, 1998:
---------------------------------------------
(a) Amount Beneficially Owned:
-----------------------------------
The Craig Trust has direct beneficial ownership of 345,044 shares of Common
Stock. C.L. Craig, Jr. individually has direct beneficial ownership of 783
shares and has indirect beneficial ownership of 412,807 shares of Common
Stock as Co-Trustee of the Craig Trust and the CLC Trust and 200 shares
held jointly with his wife. Michael Thomas Craig individually has direct
beneficial ownership of 784 shares of Common Stock and has indirect
beneficial ownership of 412,807 shares of Common Stock as Co-Trustee of the
Craig Trust and the CLC Trust.
(b) Percent of Class:
--------------------
6.1%
(c) Number of shares as to which the person has:
---------------------------------------------------------
(i) Sole power to vote or to direct the vote:
The Craig Trust has sole power to vote or to direct the vote of
345,044 shares of Common Stock. C.L. Craig, Jr. has the sole power
to vote or to direct the vote of 783 shares of Common Stock.
Michael Thomas Craig has the sole power to vote or to direct the
vote of 784 shares of Common Stock.
(ii) Shared power to vote or to direct the vote:
C.L. Craig, Jr. and Michael Thomas Craig, as Co-Trustees of the
Craig Trust and the CLC Trust, have shared power to vote or to
direct the vote of 412,807 shares of Common Stock. C.L. Craig, Jr.
also has shared power to vote or direct the vote of 200 shares he
owns jointly with his wife.
(iii) Sole power to dispose or to direct the disposition of:
The Craig Trust has sole power to dispose or to direct the
disposition of 345,044 shares of Common Stock. C.L. Craig, Jr. has
the sole power to dispose or to direct the disposition of 783 shares
of Common Stock. Michael Thomas Craig has the sole power to dispose
or to direct the disposition of 784 shares of Common Stock.
(iv) Shared power to vote or to direct the vote:
C.L. Craig, Jr. and Michael Thomas Craig, as Co-Trustees of the
Craig Trust and the CLC Trust, have shared power to dispose or to
direct the disposition of 412,807
CUSIP NO. 05945F103 13G Page 6 of 9 Pages
<PAGE>
shares of Common Stock. C.L. Craig, Jr. also has shared power to
dispose or direct the disposition of 200 shares he owns jointly
with his wife.
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:
----------------------------------------------------------------
See Item 4 above.
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:
----------------
By signing below, each of the undersigned certifies that to the best
of their knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in any
transaction having that purpose or effect.
CUSIP NO. 05945F103 13G Page 7 of 9 Pages
<PAGE>
After reasonable inquiry and to the best of my knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, compete and correct.
Date: May 7, 1998
------------------------
Signatures: CLEO L. CRAIG GRANCHILDRENS TRUST
By: /s/ C.L. Craig, Jr.
---------------------------------------
C.L. Craig, Jr., Co-Trustee
By: /s/ Michael Thomas Craig
---------------------------------------
Michael Thomas Craig, Co-Trustee
/s/ C.L. Craig, Jr.
------------------------------------------
C.L. Craig, Jr., Individually
/s/ Michael Thomas Craig
------------------------------------------
Michael Thomas Craig, Individually
CUSIP NO. 05945F103 13G Page 8 of 9 Pages
<PAGE>
JOINT FILING AGREEMENT
The undersigned agree that the foregoing Statement on Schedule 13G,
dated May 7, 1998 is being filed with the Securities and Exchange Commission
on behalf of each of the undersigned pursuant to Rule 13d-1(f).
Dated: May 7, 1998
Signatures: CLEO L. CRAIG GRANCHILDRENS TRUST
By: /s/ C.L. Craig, Jr.
--------------------------------------
C.L. Craig, Jr., Co-Trustee
By: /s/ Michael Thomas Craig
--------------------------------------
Michael Thomas Craig, Co-Trustee
/s/ C.L. Craig, Jr.
------------------------------------------
C.L. Craig, Jr., Individually
/s/ Michael Thomas Craig
------------------------------------------
Michael Thomas Craig, Individually
CUSIP NO. 05945F103 13G Page 9 of 9 Pages
<PAGE>
ACKNOWLEDGMENT - 1998 SCHEDULE 13G
I, C. L. Craig, Jr., do hereby acknowledge and adopt my signature as
typed on the Schedule 13G, Amendment No. ____, filed electronically with the
Securities and Exchange Commission individually and as Co-Trustee on behalf
of the Cleo L. Craig Granchildrens Trust, as required by 17 C.F.R. Section
232.302(b), on this 7th day of May, 1998.
/s/ C.L. Craig, Jr.
-------------------------------------
C.L. Craig, Jr.
I, Michael Thomas Craig, do hereby acknowledge and adopt my signature as
typed on the Schedule 13G, Amendment No. ____, filed electronically with the
Securities and Exchange Commission individually and as Co-Trustee on behalf
of the Cleo L. Craig Granchildrens Trust, as required by 17 C.F.R. Section
232.302(b), on this 7th day of May, 1998.
/s/ Michael Thomas Craig
-------------------------------------
Michael Thomas Craig
