SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION REQUIRED TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 1)
Level 3 Communications, Inc.
(Name of Issuer)
Class R Convertible Common Stock $0.01 Par Value
(Title of Classes of Securities)
N/A
(CUSIP Number)
Michael F. Norton, Esq.
1000 Kiewit Plaza
Omaha, Nebraska 68131
Telephone Number: (402) 342-2052
(Name, Address, and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 15, 1998
(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 which is the subject of
this Schedule 13D, and is filing this schedule because of Rule
13d-1(b)(3) or (4), check the following box ____ .
Note. Six copies of this statement, including exhibits,
should be filed with the Commission. See Rule 13d-1(a) for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 4 Pages)
CUSIP No. N/A 13D Page 2 of 4 Pages
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Kenneth E. Stinson
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ____
(b) ____
3
SEC USE ONLY
4
SOURCE OF FUNDS*
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) ____
6
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ____
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
14
TYPE OF REPORTING PERSON*
IN
CUSIP No. N/A 13D Page 3 of 4 Pages
Item 1. Security and Issuer.
The class of securities to which this statement relates is
the $0.01 par value Class R Convertible Common Stock ("Class R
Stock") of Level 3 Communications, Inc., a Delaware corporation
(the "Issuer"). The Issuer's principal executive offices are
located at 3555 Farnam Street, Omaha, Nebraska 68131.
Item 2. Identity and Background.
This statement is being filed by Kenneth E. Stinson, an
individual ("Investor"), whose business address is 1000 Kiewit
Plaza, Omaha, Nebraska 68131. The Investor is the President and
Chief Executive Officer of Peter Kiewit Sons', Inc. ("PKS"),
and conducts his employment at PKS' principal executive offices
located at 1000 Kiewit Plaza, Omaha, Nebraska 68131. The Investor
has not, during the last five years, been convicted in a criminal
proceeding (excluding traffic violations or similar
misdemeanors). The Investor has not, during the last five years,
been a party to any civil proceeding of a judicial or
administrative body of competent jurisdiction, as a result of
which the Investor was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or
mandating activities subject to, Federal or State securities laws
or finding any violation with respect to such laws. The Investor
is a citizen of the United States of America.
Item 3. Source and Amount of Funds or Other Consideration.
Not Applicable.
Item 4. Purpose of Transaction.
This Amendment No. 1 to Schedule 13D is being filed to
report disposition of beneficial ownership of all 554,193.60
Shares of Class R Stock resulting from the forced conversion of
such Shares of Class R Stock into 215,534 shares of the Issuer's
$0.01 par value Common Stock pursuant to the determination of the
Board of Directors of the Issuer, effective May 15, 1998.
Item 5. Interest in Securities of the Issuer.
The Investor ceased to be the beneficial owner of any Shares
of Class R Stock effective May 15, 1998.
Item 6. Contracts, Arrangements, Understandings or
Relationships With Respect to Securities of the Issuer.
Not Applicable.
Item 7. Material to be Filed as Exhibits.
None.
CUSIP No. N/A 13D Page 4 of 4 Pages
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.
May 18, 1998
(Date)
/s/ Kenneth E. Stinson
(Signature)
Kenneth E. Stinson
(Name)
