UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 21)*
LAB HOLDINGS, INC.
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(Name of Issuer)
Common Stock, $1.00 par value per share
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(Title of Class of Securities)
811905 10 8
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(CUSIP Number)
December 31, 1998
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(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
* 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).
Page 1 of 6 pages
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CUSIP NO. 811905 10 8
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(1) Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
William D. Grant
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(2) Check the Appropriate Box if a Member of a Group (a)//
(b)//
Inapplicable
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
United States
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(5) Sole Voting Power
500,441
Number of Shares
Beneficially -----------------------------------------
Owned by (6) Shared Voting Power
Each 586,206
Reporting
Person -----------------------------------------
With: (7) Sole Dispositive Power
500,441
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(8) Shared Dispositive Power
586,206
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(9) Aggregate Amount Beneficially Owned By Each Reporting Person
1,086,647
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
/X/
Page 2 of 6 pages
<PAGE>
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(11) Percent of Class Represented by Amount in Row (9)
16.7%
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(12) Type of Reporting Person*
IN
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Page 3 of 6 pages
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ITEM 1.
(a) Name of Issuer:
Lab Holdings, Inc.
(b) Address of Issuer's Principal Executive Offices:
5000 W. 95th Street
Suite 260
Shawnee Mission, Kansas 66207
ITEM 2.
(a) Name of Person Filing:
William D. Grant
(b) Address of Principal Business Office or, if none, Residence:
One Ward Parkway
Suite 130
Kansas City, MO 64112
(c) Citizenship:
United States
(d) Title of Class of Securities:
Common Stock, $1.00 par value per share
(e) CUSIP Number:
811905 10 8
ITEM 3. If this statement is filed pursuant to Sections 240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:
This statement is not filed pursuant to Rules 13d-1(b) or
13d-2(b) or (c)
Page 4 of 6 pages
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ITEM 4. Ownership.
(a) Amount Beneficially Owned: 1,089,147 shares.
The amount of shares reported as beneficially owned includes:
(i) 500,441 shares held by a trust for the benefit of the reporting
person for which the reporting person acts as trustee and in that
capacity has sole voting and investment powers; (ii) 153,849 shares
held by two trusts for the benefit of the reporting person for which
the reporting person acts as co-trustee with UMB Bank, N.A., Kansas
City, Missouri, and in that capacity shares voting and investment
powers with UMB Bank, N.A.; (iii) 403,441 shares held by three trusts
for other family members for which the reporting person serves as a
co-trustee and in that capacity shares voting and investment powers,
as to which the reporting person disclaims beneficial ownership; and
(vii) 28,916 shares owned by the reporting person's wife, as to which
reporting person disclaims beneficial ownership.
The filing of this statement shall not be construed as an
admission that the reporting person is the beneficial owner of the
securities described above.
(b) Percent of Class: 16.7%
(c) Number of shares as to which the person has:
(i) sole power to vote or to direct the vote: 500,441
(ii) shared power to vote or to direct the vote: 586,206
(iii)sole power to dispose or to direct the disposition of:
500,441
(iv) shared power to dispose or to direct the disposition of:
586,206
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.
Each trust described in Item 4(a) hereof has the right to receive and
the power to direct the receipt of dividends from, or the proceeds
from the sale of, shares of Common Stock of the Issuer held by such
trust.
Other persons have the right to receive dividends on 432,357 shares
of the securities listed in Item 4(a) above.
Page 5 of 6 pages
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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.
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.
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.
/s/ William D. Grant
_______________________________________
William D. Grant
Dated: February 11, 1999
Page 6 of 6 pages
