U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
o Check this box if no longer
subject to Section 16.
Filed pursuant to Section 16(a) of the Securities
Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment
Company Act of 1940
Form 4 or Form 5
obligations may continue.
See Instruction 1(b).
1. Name and Address of Reporting Person:
The David Michael Irrevocable Trust
268 West 400 South - Suite 300
Salt Lake City, Utah 84101
2. Issuer Name and Ticker or Trading Symbol:
CyberAmerica
OTC-Bulletin Board Symbol = CYAA
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Statement for Month/Year:
May 1999
5. If Amendment, Date of Original(Month/Year):
6. Relationship of Reporting Person to Issuer (Check all applicable):
_____ Director _______10% Owner
_____ Officer(give title below) __X___Other (specify below)
Owner 6.5%
<TABLE>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<CAPTION>
1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature
(Instr. 3) Date Code or Disposed of (D) Securities Form: of Indirect
(Month/Day/Year) (Instr. 8) (Instr. 3, 4 and 5) Beneficially Direct (D) or Beneficial
Owned at End Indirect (I) Ownership
of Month (Instr. 4) (Instr. 4)
(Instr. 3 and 4)
(A) or
Code V Amount (D) Price
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock March 11, 1999 P 7,500 A $0.5641 15,500 D
Common Stock March 22, 1999 P 5,000 A $0.5238 15,500 D
Common Stock April 14, 1999 P 5,000 A $0.3860 100,500 D
Common Stock April 19, 1999 P 2,500 A $0.8438 100,500 D
Common Stock April 19, 1999 P 5,000 A $0.8750 100,500 D
Common Stock April 19, 1999 P 5,000 A $0.9063 100,500 D
Common Stock April 20, 1999 P 3,000 A $1.0313 100,500 D
Common Stock April 20, 1999 P 4,000 A $1.0811 100,500 D
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (8-92)
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock April 20, 1999 P 2,000 A $1.0625 100,500 D
Common Stock April 20, 1999 P 5,000 A $0.8438 100,500 D
Common Stock April 21, 1999 P 2,500 A $1.3438 100,500 D
Common Stock April 21, 1999 S 1,000 D $1.6875 100,500 D
Common Stock April 21, 1999 P 15,500 A $1.378 100,500 D
Common Stock April 23, 1999 P 7,500 A $1.2407 100,500 D
Common Stock April 23, 1999 P 2,000 A $1.1875 100,500 D
Common Stock April 23, 1999 P 5,000 A $1.2963 100,500 D
Common Stock April 26. 1999 P 1,000 A $1.2113 100,500 D
Common Stock April 26, 1999 P 2,500 A $1.1875 100,500 D
Common Stock April 26, 1999 P 1,000 A $1.2500 100,500 D
Common Stock April 26, 1999 P 7,500 A $1.2813 100,500 D
Common Stock April 29, 1999 P 5,000 A $0.8750 100,500 D
Common Stock April 29, 1999 P 2,500 A $0.8800 100,500 D
Common Stock April 29, 1999 P 2,500 A $0.8438 100,500 D
Common Stock May 3, 1999 P 5,000 A $0.8421 199,100 D
Common Stock May 3, 1999 P 3,000 A $0.7901 199,100 D
Common Stock May 3, 1999 P 10,000 A $0.8125 199,100 D
Common Stock May 3, 1999 P 3,000 A $0.8438 199,100 D
Common Stock May 4, 1999 P 2,500 A $0.7500 199,100 D
Common Stock May 4, 1999 P 3,500 A $0.7800 199,100 D
Common Stock May 6, 1999 P 12,600 A $0.8710 199,100 D
Common Stock May 7, 1999 P 3,000 A $0.9063 199,100 D
Common Stock May 11, 1999 P 2,500 A $0.9130 199,100 D
Common Stock May 12, 1999 P 5,000 A $0.9375 199,100 D
Common Stock May 13, 1999 P 22,500 A $1.1600 199,100 D
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (8-92)
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock May 14, 1999 P 5,500 A $1.0357 199,100 D
Common Stock May 18, 1999 P 2,500 A $1.00 199,100 D
Common Stock May 19, 1999 P 3,500 A $1.1667 199,100 D
Common Stock May 19, 1999 P 11,500 A $1.0625 199,100 D
Common Stock May 25, 1999 P 1,000 A $1.8125 199,100 D
Common Stock May 25, 1999 P 2,000 A $1.6719 199,100 D
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (8-92)
<PAGE>
<TABLE>
FORM 4(continued) Table II -- Derivative
Securities Acquired, Disposed of, or
Beneficially Owned (e.g., puts, calls,
warrants, options, convertible
securities)
<CAPTION>
1. Title of 2. Conversion or 3. Transaction 4. Trans- 5. Number of 6. Date 7. Title and 8. Price
Derivative Exercise Price of Date (Month/ action Derivative Exercisable and Amount of of
Security Derivative Day/Year) Code Securities Expiration Date Underlying Deriv-
(Instr. 3) Security (Instr. 8) Acquired (A) or (Month/ Securities ative
Disposed of (D) Day/Year) (Instr. 3 and 4) Security
(Instr. 3, 4,& 5) (Instr.5)
Date Expir- Amt.. or
Code V (A) (D) Exer- ation Title No.of
cisable Date Shares
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
</TABLE>
Table II (continued)
9. Number 10.Owner- 11. Nature
of ship Form of
Derivative of Indirect
Securities Derivative Beneficial
Beneficially Security: Owner-
Owned at Direct (D) ship
End of or Indirect (Instr. 4)
Month (I)
(Instr. 4) (Instr. 4
Explanation of Responses:
** Intention misstatements or omission of facts constitute
Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/BonnieJean C. Tippetts June 15, 1999
------------------------- -------------
**Signature of BonnieJean C. Tippetts, as Trustee Date
of The David Michael Irrevocable Trust
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, See Instruction 6 for procedure.
Page 2
SEC 1474 (8-92)
