United States
Securities and Exchange Commission
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Name of Issuer: UTILX Corporation
Title of Class of Securities: Common Stock
CUSIP Number: 918031105
Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications Douglas T. Granat, 155 Pfingsten Road, Suite 360,
Deerfield , IL 60015 (847) 405-9700
Date of Event which Requires Filing of this Statement: August 31, 1998
CUSIP No. 918031105
Page 2 of 5 Pages
1. Name of Reporting Person Trigran Investments L.P.
IRS No. 36-3778244
2. Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
3. SEC Use Only
4. Source of Funds
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e) [ ] N/A
6. Citizenship or Place of Organization Illinois
7. Sole Voting Power See Item 5(b)
8. Shared Voting Power See Item 5(b)
9. Sole Dispositive Power See Item 5(b)
10. Shared Dispositive Power See Item 5(b)
11. Aggregate Amount Beneficially Owned by Each Reporting Person 402,000
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
13. Percent of Class Represented by Amount in Row (11) 5.42%
14. Type of Reporting Person PN
CUSIP No. 918031105
Page 3 of 5
1. Name of Reporting Person Castle Creek Small Cap Fund L.P.
IRS No. 36-4211662
2. Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
3. SEC Use Only
4. Source of Funds
5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ] N/A
6. Citizenship or Place of Organization Illinois
7. Sole Voting Power See Item 5(b)
8. Shared Voting Power See Item 5(b)
9. Sole Dispositive Power See Item 5(b)
10. Shared Dispositive Power See Item 5(b)
11. Aggregate Amount Beneficially Owned by Each Reporting Person 15,000
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
13. Percent of Class Represented by Amount in Row (11) .20%
14. Type of Reporting Person PN
Cusip No. 918031105
Page 4 of 5
Item 1. Security and Issuer
Common Stock, par value $.01 per share
UTILX Corporation (the "Issuer")
22820 Russell Road
Kent, WA 98032
Item 5 Interest in the Securities of the Issuer
(a) The aggregate number and percentage of the common stock of the Issuer
beneficially owned by the Reporting Person as of the date of this filing
is 417,000 shares or 5.62%
(b) The Reporting Person and Trigran Investments, Inc. each have sole power
to vote and sole power to dispose of the securities listed in (a) above.
Each of Douglas Granat, Kenneth Granat, and Lawrence Oberman have shared
power to vote shared power to dispose of the securities listed in (a) above.
With regard to the 15,000 shares owned by Castle Creek Small Cap Fund
voting and dispositve Power is shared with the General Partner Castle Creek
Partners LLC
(c) The following transactions were effected in the securities of the
Issuer from July 1, 1998 through September 14,1998:
Cusip No. 918031105
Page 5 of 5
Date of Transaction Amount of Securities Price Per Share Transaction
7/31/98 500 4.375 Open Market
8/31/98 500 4.00 Open Market
8/31/98 35,000 3.875 Open Market
