<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO. 1)(1)
BALLISTIC RECOVERY SYSTEMS, INC.
(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
(Title of Class of Securities)
058659 10 3
(CUSIP Number)
AUGUST 5, 1998
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which the Schedule
is filed:
[ ] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(1) 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 the disclosures provided in a prior cover page.
The information required in 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).
Page 1 of 5
<PAGE> 2
SCHEDULE 13G
<TABLE>
<CAPTION>
- ---------------------------------------------------- --------------------------------------------------
Cusip No. 058659 10 3 Page 2 of 5 pages
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
DARREL DEAN BRANDT
- --------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------------------------------------------
4 Citizenship or Place of Organization
USA
- --------------------------------------------------------------------------------------------------------------------
5 Sole Voting Power
Number of 2,032,541
----------------------------------------------------------------------------------------------
Shares 6 Shared Voting Power
beneficially 0
----------------------------------------------------------------------------------------------
owned 7 Sole Dispositive Power
by each 2,032,541
----------------------------------------------------------------------------------------------
reporting 8 Shared Dispositive Power
person with: 0
- --------------------------------------------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,032,541 shares
- --------------------------------------------------------------------------------------------------------------------
10 Check Box if the Aggregate amount in Row (9) Excludes Certain Shares* [ ]
- --------------------------------------------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
36.1%
- --------------------------------------------------------------------------------------------------------------------
12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 5
<PAGE> 3
Item 1(a) Name of Issuer: Ballistic Recovery Systems, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices: 300
Airport Road, South St. Paul, MN 55075
Item 2(a) Name of Person Filing: Darrel Dean Brandt
Item 2(b) Address of Principal Business Office or, if none,
residence:
8603 West First Street
Cedar Falls, IA 50613
Item 2(c) Citizenship: USA
Item 2(d) Title of Class of Securities: Common Stock, $0.01 par value
Item 2(e) CUSIP Number: 058659 10 3
Item 3. If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Exchange Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) [ ] Investment company registered under Section 8 of the Investment
Company Act.
(e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Rule 13d- 1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Rule 13d- 1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J);
If this statement is filed pursuant to Rule 13d-1(c), check this box. [x]
Page 3 of 5
<PAGE> 4
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 2,032,541 shares (includes 40,000
shares issuable upon exercise of currently exercisable
options)
(b) Percent of class: 36.1%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 2,032,541
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition
of: 2,032,541
(iv) Shared power to dispose or to direct the disposition
of: 0
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.
Page 4 of 5
<PAGE> 5
Item 10. Certifications.
(a) Not applicable.
(b) By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: September 11, 1998
/S/ DARREL DEAN BRANDT
----------------------
Darrel Dean Brandt
Page 5 of 5
