<TABLE>
U. S. SECURITIES AND EXCHANGE COMMISSION
[ ] Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. Washington, D.C. 20549
See instruction 1(b).
[ ] Form 3 Holdings Reported. ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Form 4 Transactions Reported.
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 2. Issuer Name and Ticker or Trading 6. Relationship of Reporting
Address of Symbol Person to
Reporting Issuer (Check all applicable)
Person* LabOne, Inc. - LABS
William D. Grant
- -------------------------------------------------------- X Director __ 10% Owner
(Last)(First)(Middle) 3. IRS or Social 4. Statement for __ Officer __ Other
Security Month/Year (give title (specify below)
Number of Reporting 12/31/98 below)
One Ward Parkway, Suite 130 Person (Voluntary)
- --------------------- ----------------------------------------------------------------
(Street) 5. If Amendment, 7. Individual or Joint/Group
Date of Filing
Original (Check applicable line)
Month/Year X Form filed by One Reporting
Kansas City, MO 67112 Person
__ Form filed by More than One
2/99 Reporting Person
- ------------------------------------------------------------------------------------------------------------------------------------
(City)(State) (Zip) Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned.
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of 2.Transaction 3.Transaction 4.Securities 5.Amount of 6.Ownership 7.Nature of
Security Date: Code: Acquired (A) Securities Form: Indirect
(Instr. 3) (Instr. 8) or Disposed of (D) Beneficially Direct Beneficial
(Month/Day/ (Instr. 3, 4 and 5) Owned at End (D) or Ownership
Year) of Mth. Indirect (Instr. 4)
(Instr. 3 (I)
--------------------- and 4) (Instr. 4)
Amount (A) or Price
(D)
<S> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 1/21/98 G 500 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 6/1/98 A 556 A 16,695 D
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
* If the Form is filed by more than one Reporting Person, see instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses)
FORM 5 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants,
options, convertible securities)
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1.Title 2.Conversion 3.Transaction 4.Trans- 5.Number 6.Date 7.Title and 8.Price of 9.Number 10.Ownership 11.Nature
of or Exercise Date (Month/ action Deriv- Exer- Amount of Deriative of Deriv- Form of of In-
Deriv- Price of Day/Year) Code ative cisable Underlying Security ative Derivative direct
ative Derivative (Instr. Securities and Securities (Instr.5) Securities Security; Bene-
Security Security 8) Acquired Expir- (Instr. 3 Beneficially Direct (D) ficial
(Instr.3) (A) or ation and 4) Owned at End or Indirect Owner-
Disposed of Date of Month (I) (Instr. ship
(D) (Instr. (Month/ (Instr. 4) 4) (Instr.
3,4, and 5) Day/ 4)
Year)
-----------------------------------
(A) (D) Date Ex- Title Amount
Exer- pir- or Num-
cis- ation ber of
able Date Shares
- ------------------------------------------------------------------------------------------------------------------------------------
Dr. Stock 9.875 1/2/91 1/2/ 1/2/ Common 13,862
Option 95 2001 Stock
- ------------------------------------------------------------------------------------------------------------------------------------
Dr. Stock 11.125 3/1/91 3/1/ 3/1/ Common 8,138 22,000 D
Option 96 2001 Stock
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:
/s/ William D. Grant February 26,1999
---------------------------------------- --------------------------
**William D. Grant by Randy Shelton Date
as attorney-in-fact
** 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.
</TABLE>
