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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7 )
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H.D. Vest, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
404150-10-4
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(CUSIP Number)
Check the following block if a fee is being paid with this statement [ ]. (A
fee is not required only if the filing 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 no 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 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 ("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).
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CUSIP NO. 404150-10-4 13G PAGE 1 OF 4 PAGES
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1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Barbara Howard Vest Hancock, ###-##-####
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* N/A
(a)........................................................... [_]
(b)........................................................... [_]
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3) SEC USE ONLY.........................................................
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4) CITIZENSHIP OR PLACE OF ORGANIZATION............................. USA
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NUMBER OF 5) SOLE VOTING POWER................. 27.6%
SHARES -----
BENEFICIALLY 6) SHARED VOTING POWER............... 0%
OWNED BY -----
EACH 7) SOLE DISPOSITIVE POWER............ 17.2%
REPORTING ------
PERSON 8) SHARED DISPOSITIVE POWER.......... 4.9%
WITH ------
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON .................................... 1,496,226
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*............................. N/A
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9...... 27.6%
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(12) TYPE OF REPORTING PERSON*............................ IN
---------
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*SEE INSTRUCTION BEFORE FILLING OUT!
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SCHEDULE 13G
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Item 1. (a) Name of Issuer:
H.D. Vest, Inc.
(b) Address of Issuer's Principal Executive Offices:
6333 North State Highway 161
Fourth Floor
Irving, Texas 75038-2200
Item 2. (a) Name of Person Filing:
Barbara Howard Vest Hancock
(b) Address of Principal Business Office or, if none, Residence:
6333 North State Highway 161
Fourth Floor
Irving, TX 75038-2200
(c) Citizenship:
Citizen of U.S.A.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
404150-10-4
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a: N/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
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(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 Paragraph
240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Paragraph
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with Paragraph
240.13d-1(b)(1)(ii)(H)
Item 4. Ownership.
If the percent of the class owned, as of December 31 of the year covered
by the statement, or as of the last day of any month described in Rule
13d-1 (b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a
right to acquire.
(a) Amount Beneficially Owned: 1,496,226
(b) Percent of Class: 27.6%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
1,496,226
(ii) shared power to vote or to direct the vote
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(iii) sole power to dispose or to direct the disposition of
934,802 (The remaining shares of stock are currently
subject to an Escrow Agreement with the State of Texas
and a Security Agreement with H.D. Vest, Inc.)
(iv) shared power to dispose or to direct the disposition of
266,666
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Item 5. Ownership of Five Percent or less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following
[ ]. N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
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.
2/4/98
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Date
s/ Barbara Howard Vest Hancock
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Signature
Barbara Howard Vest Hancock
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Name/Title
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