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Previous: BONNEVILLE PACIFIC CORP, 4, 1999-02-05 |
Next: WINDSOR PARK PROPERTIES 4, PRER14A, 1999-02-05 |
FORM 4 OMB APPROVAL
--------------------------
[ ] Check this box if no longer OMB Number
subject in Section 16. Form 4 Expires:
or Form 5 obigations may Estimated average burden
continue. See Instruction 1(b). hours per response
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
1. Name and Address of Reporting Person:
Stepanek, Steven H.
671 Aloha Road
Salt Lake City, UT 84103
2. Issuer Name and Ticker or Trading Symbol:
Bonneville Pacific Corporation
BPCOD
3. IRS or Social Security Number of Reporting Person (Voluntary):
###-##-####
4. Statement for Month/Year:
January 1999
5. If Amendment, Date of Original (Month/Year):
6. Relationship of Reporting Person to Issuer (Check all applicable):
[x] Director [ ] 10% Owner
[x] Officer (give title below) [ ] Other (specify below)
Secretary-----------------------------------------------------------
<TABLE>
TABLE 1 - Non Derivative Securities Acquired, Disposed of, or
Beneficially Owned
<CAPTION>
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4, and 5) Beneficially Form; direct
(Instr. 8) Owned at Direct Bene-
End of (D) or ficial
(Month/ (A) Month Indirect Owner-
Day/ or (nstr. 3 and 4) (I) ship
Year Code V Amount (D) Price (Instr. 4) (Instr.
4)
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
</TABLE>
<TABLE>
TABLE II - Derivative Securites Acquired, Disposed of, or
Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<CAPTION>
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer-
(Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex-
Exercise Date (Instr. 8) quired (A) or Dis- piration Date
Price of posed of (D) (Month/Day/
Deriv- (Month/ Instr. 3, 4, and 5) Year)
ative Day/
Security Year)
Date Expira-
Exer- tion
Code V (A) (D) cisable Date
<S> <C> <C> <C> <C> <C> <C>
Employee Stock Option 5.00 1-7-99 J* (A) 1/7/99 1/7/09
</TABLE>
<TABLE>
TABLE 11 (Continued)
<CAPTION>
7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Na-
lying Securities of of Deriv- ship ture
(Instr. 3 and 4) Deriv- ative Form of In-
ative Secur- of De- direct
Secur- ities rivative Bene-
ity Bene- Secu- ficial
(Instr. ficially rity: Own-
5) Owned Direct ership
at End (D) or (Instr. 4)
Amount or of Indi-
Number of Month rect (I)
Title Shares (Instr. 4) (Instr. 4)
<S> <C> <C> <C> <C> <C>
common stock 75,000 5.00 75,000 (D)
</TABLE>
Explanation of Responses:
*grant of option to buy 75,000 shares 20% vests immediately and the remainder
@20% per year for 4 years or accelerated to 100% vesting upon event of sale or
change of control.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
- ------------------------------------- ----------------------
**Signature of Reporting Person Date
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