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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
T/SF COMMUNICATIONS CORPORATION
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(Name of Issuer)
Common Stock, $0.10 par value per share
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(Title of Class of Securities)
872857107
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(CUSIP Number)
Page 1 of 6
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CUSIP No.: 872857107
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1) Name of Reporting Persons/S.S. or I. R. S. Identification Nos.:
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Howard G. Barnett, Jr., S.S. ####-##-####
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2) Check the Appropriate Row if a Member of a Group:
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(a) [ ] N/A
(b) [ ] N/A
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3) SEC Use Only:
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4) Citizenship or Place of Organization:
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United States of America
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Number of Shares
Beneficially Owned
by Each Reporting
Person With: 5) Sole Voting Power: 184,779 shares
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6) Shared Voting Power: Included in the 468,649 shares of
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Common Stock owned beneficially by Howard G. Barnett,
Jr. (and in the percentage calculation), are the
following:
(a) 466,139 shares held in the Revocable Inter Vivos
Trust of Florence Lloyd Jones Barnett, of which
Mr. Barnett is a Co-Trustee, and
(b) 2,510 shares held in the Revocable Inter Vivos
Trust of Howard G. Barnett, of which Mr. Barnett
is a Co-Trustee.
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7) Sole Dispositive Power:
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163,003 (Mr. Barnett owns 12,462 shares which are
issued and may be voted, but which are subject to
future vesting.)
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8) Shared Dispositive Power:
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468,649 (refer to item 6 above)
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9) Aggregate Amount Beneficially Owned by Each Reporting Person:
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653,428
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10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares:
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The aggregate amount reported as beneficially owned in row 9 does
not include 26,602 shares of Common Stock owned by Billie T.
Barnett, wife of Mr. Barnett.
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11) Percent of Class Represented by Amount in Row 9:
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19.5%
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12) Type of Reporting Person:
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IN
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SCHEDULE 13G
Item 1(a) Name of Issuer:
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T/SF Communications Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
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2407 East Skelly Drive, Tulsa, Oklahoma 74105.
Item 2(a) Name of Person Filing:
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Howard G. Barnett, Jr.
Item 2(b) Address of Principal Business Office or, if none, Residence:
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2407 East Skelly Drive, Tulsa, Oklahoma 74105.
Item 2(c) Citizenship:
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United States of America.
Item 2(d) Title of Class of Securities:
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Common Stock, $0.10 par value per share.
Item 2(e) CUSIP Number:
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872857107.
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
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check whether the person filing is a:
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N/A
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Item 4 Ownership.
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(a) Amount Beneficially Owned: Included in the 653,428 shares of
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Common Stock owned beneficially by Howard G. Barnett, Jr. (and in
the percentage calculation), are the following:
(i) 184,779 shares owned directly by Mr. Barnett, including
119 shares held in the Savings & Retirement Plan of T/SF
Communications Corporation; and 9,314 shares held by the
Savings & Retirement Plan of T/SF Communications
Corporation, of which Mr. Barnett is trustee and has sole
power to vote such shares.
(ii) 466,139 shares held in the Revocable Inter Vivos Trust of
Florence Lloyd Jones Barnett, of which Mr. Barnett is a
Co-Trustee;
(iii) 2,510 shares held in the Revocable Inter Vivos Trust of
Howard G. Barnett, of which Mr. Barnett is a Co-Trustee.
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(b) Percent of Class:
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19.5%
(c) Number of shares as to which such person has:
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(i) sole power to vote or to direct the vote:
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184,779 (refer to Item 4(a) above)
(ii) shared power to vote or to direct the vote:
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468,649 (refer to Item 4(a) above and to Item 6 of cover
page)
(iii) sole power to dispose or to direct the disposition of:
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163,003 (refer to Item 4(a) above and to Item 7 of cover
page) (Mr. Barnett owns 12,462 shares which are issued
and may be voted, but which are subject to future
vesting.)
(iv) shared power to dispose or to direct the disposition of:
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468,649 (refer to Item 4(a) above and to Item 8 of cover
page)
Item 5 Ownership of Five Percent or Less of a Class:
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N/A
5
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Item 6 Ownership of More than Five Percent on Behalf of Another Person:
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Howard G. Barnett, Jr., has shared voting and dispositive power
over the 466,139 shares of Common Stock beneficially owned by him
as Co-Trustee of the Revocable Inter Vivos Trust of Florence Lloyd
Jones Barnett. The other Co-Trustee of this Trust is Florence
Lloyd Jones Barnett, who shares voting and dispositive power over
the shares with Mr. Barnett. Mrs. Barnett is the sole
beneficiary. The beneficial ownership of these shares is also
being reported by Florence Lloyd Jones Barnett on Schedule 13G.
Howard G. Barnett, Jr., has shared voting and dispositive power
over the 2,510 shares of Common Stock beneficially owned by him as
Co-Trustee of the Revocable Inter Vivos Trust of Howard G.
Barnett. The other Co-Trustee of this Trust is Howard G. Barnett,
who shares voting and dispositive power over the shares with Mr.
Barnett. Mr. Barnett, Sr., is the sole beneficiary.
Item 7 Identification and Classification of the Subsidiary Which Acquired the
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Security Being Reported on by the Parent Holding Company:
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N/A
Item 8 Identification and Classification of Members of the Group:
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N/A
Item 9 Notice of Dissolution of Group:
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N/A
Item 10 Certification:
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N/A
Signature:
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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.
February 13, 1997
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Date
/s/ Howard G. Barnett, Jr.
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Howard G. Barnett, Jr.
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