SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
Rule 13D-2(a)
(Amendment No. 2) *
Amwest Insurance Group, Inc.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
032345100
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(CUSIP Number)
Mr. Phillip E. Huff, Vice President and Treasurer
5230 Las Virgenes Road, Calabasas, CA 91302
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 15, 1999
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box .
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
(Continued on following pages)
Page 1 of 5 Pages
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* 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 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).
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CUSIP No. 032345100 13D Pa ge 2 of 4 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Main Family Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)
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(b) X
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3 SEC USE ONLY
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4 SOURCE OF FUNDS *
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
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REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
None
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NUMBER OF 8 SHARED VOTING POWER
SHARES 593,175 shares
BENEFICIALLY
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OWNED BY 9 SOLE DISPOSITIVE POWER
EACH REPORTING None
PERSON WITH
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10 SHARED DISPOSITIVE POWER
593,175 shares
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
593,175 shares
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES *
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.7%
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14 TYPE OF REPORTING PERSON *
OO
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<PAGE>
Item 1. Security and Issuer
This Schedule 13D relates to the shares of Common Stock, $.01 par
value (the "Shares"), of Amwest Insurance Group, Inc., a Delaware corporation
("Amwest"). The principal executive offices of Amwest are located at 5230 Las
Virgenes Road, Calabasas, California 91302.
Item 2. Identity and Background
This Schedule 13D is being filed by the Main Family Trust ("MFT")
having its business address at 5230 Las Virgenes Road, Calabasas, California
91302. Guy A. Main ("Main") and his wife are Co-Trustees of the MFT. Main
currently serves as a Director of Amwest.
Item 3. Source and Amount of Funds or Other Consideration
Since the last filing on Schedule 13D dated February 4, 1999
which reported beneficial ownership of 539,250 Shares, Amwest paid on April 15,
1999 a 10% stock dividend to stockholders of record as of March 31, 1999 of
which MFT received an additional 53,925 Shares.
Item 4. Purpose of Transaction
None of the reasons enumerated in Item 4 of Schedule 13D are applicable
to the acquisition of these shares.
Item 5. Interest in Securities of the Issuer
The MFT beneficially owns an aggregate of 593,175 Shares,
representing 13.7% of the outstanding shares as computed in accordance with SEC
Rule 13d-3(d)(1)(i). Main and his wife serve as Co-Trustees of the MFT. In his
capacity as Co-Trustee, Main has shared power to vote or to direct the vote of,
and shared power to dispose or to direct the disposition of, such Shares.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer
Main currently serves as a Director of Amwest. Pursuant to the
terms of his employment agreement expiring on March 14, 2000, Main continues to
be a party to a Senior Executive Severance Agreement with Amwest, pursuant to
which Main is entitled to certain compensation in the event his employment with
Amwest is terminated under certain conditions. Main is also a party to an
indemnity agreement with Amwest regarding Main's actions as a director of
Amwest. Pursuant to the terms of his directorship, Main from time to time may
receive options to purchase Shares.
Item 7. Material to be filed as Exhibits
None
Page 3 of 4 Pages
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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.
Dated: February 7, 1999
/s/ GUY A. MAIN
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Guy A. Main, as
Co-Trustee
for the Main
Family Trust
Page 4 of 4 Pages
