UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20509
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Cannon Express, Inc.
--------------------------
(Name of Issuer)
Class A Common Stock, par value $.01 per share
-----------------------------------------------
(Title of Class of Securities)
137694 10 5
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(CUSIP Number)
Check the following box if a fee is being paid with the statement [X]. (A
fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed an
amendment subsequent thereto reporting beneficial ownership of five
percent or less of such class.) (See Rule 13d-7).
*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 ("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).
This document consists of 7 pages
SCHEDULE 13G
CUSIP No. 137694 10 5
Page 2 of 7 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Dean G. Cannon
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
See attached Exhibit to Schedule 13G
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
631,250
6 SHARED VOTING POWER
612,625
7 SOLE DISPOSITIVE POWER
631,250
8 SHARED DISPOSITIVE POWER
612,625
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,243,875
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
58%
12 TYPE OF REPORTING PERSON*
IN
* SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13G
CUSIP No. 137694 10 5
Page 3 of 7 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Rose Marie Cannon
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
See attached Exhibit to Schedule 13G
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
610,125
6 SHARED VOTING POWER
633,750
7 SOLE DISPOSITIVE POWER
610,125
8 SHARED DISPOSITIVE POWER
633,750
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,243,875
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
58%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13G
CUSIP No. 137694 10 5
Page 4 of 7 Pages
ITEM 1(a) NAME OF ISSUER:
Cannon Express, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1457 Robinson, P. O. Box 364, Springdale, Arkansas
ITEM 2(a) NAME OF PERSON FILING:
Dean G. Cannon ("DGC"); Rose Marie Cannon ("RMC")
Unless otherwise indicated, answers to Items 2 through 10
below apply equally to DGC and RMC.
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
2500 Valley View
Springdale, Arkansas 72764
(c) CITIZENSHIP:
United States of America
(d) TITLE OF CLASS OF SECURITIES:
Class A Common Stock, par value $0.01 per share
(e) CUSIP NUMBER:
137694 10 5
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act
(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see Sec. 240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with
Sec. 240.13b-1(b)(1)(ii)(G)
(h) [ ] Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(H)
Not Applicable
SCHEDULE 13G
CUSIP No. 137694 10 5
Page 5 of 7 Pages
ITEM 4. OWNERSHIP.
(A) AMOUNT BENEFICIALLY OWNED:
1,243,875
(B) PERCENT OF CLASS:
58%
(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or direct the vote
DGC: 631,250
(Note 1: Includes 625,000 shares directly owned by DGC
and 6,250 shares subject to presently exercisable
options)
RMC: 610,125
(Note 2: Includes 603,875 shares directly owned by RMC
and 6,250 shares subject to presently exercisable
options)
(ii) shared power to vote or to direct the vote
DGC: 612,625
(Note 1: Includes 603,875 shares owned by RMC to which
shared power is attributed due to her relationship as
spouse to DGC, 6,250 shares subject to presently
exercisable options in favor of RMC and 2,500 shares
held jointly with right of survivorship by DGC and RMC.)
RMC: 633,750
(Note 2: Includes 625,000 shares owned by DGC to which
shared power is attributed due to his relationship as
spouse to RMC, 6,250 shares subject to presently
exercisable options in favor of DGC and 2,500 shares
held jointly with right of survivorship by DGC and RMC.)
(iii) sole power to dispose or to direct the disposition of
DGC: 631,250
See Note 1 to Item 4(c)(i)
RMC: 610,125
See Note 2 to Item 4(c)(i)
(iv) shared power to dispose or to direct the disposition of
DGC: 612,625
See Note 1 to Item 4(c)(ii)
RMC: 633,750
See Note 2 to Item 4(c)(ii)
SCHEDULE 13G
CUSIP No. 137694 10 5
Page 6 of 7 Pages
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.
Not Applicable
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.
Not Applicable
SCHEDULE 13G
CUSIP No. 137694 10 5
Page 7 of 7 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.
July 3, 1995
Date
/s/ Dean G. Cannon
__________________________________
Dean G. Cannon
/s/ Rose Marie Cannon
__________________________________
Rose Marie Cannon
Exhibit to Schedule 13G
Pursuant to Rule 13d-1(f)(1) promulgated by the Securities and
Exchange Commission (the "Commission"), the undersigned hereby agree that
the Schedule 13G to which this Agreement is attached as an exhibit is
filed with the Commission on behalf of each of the undersigned as spouses
with respect to their ownership of Class A Common Stock, par value $.01
per share, of Cannon Express, Inc.
In Witness Whereof, the parties have executed this Agreement as of
this 3rd day of July, 1995.
/s/ Dean G. Cannon
______________________________
Dean G. Cannon
/s/ Rose Marie Cannon
_______________________________
Rose Marie Cannon
