SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)1
LEGATO SYSTEMS, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
524651106
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(CUSIP Number)
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1 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 disclosures provided in a prior cover page.
The information required on 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).
(Continued on following pages)
Page 1 of 6 Pages
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CUSIP NO. 524651106 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LOUIS C. COLE
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) (b)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 203,182 shares issuable upon exercise of options.
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OWNED BY
REPORTING 6 SHARED VOTING POWER
PERSON
WITH 789,996 shares, all of which are directly owned by
The Louis & Jolene 1988 Revocable Trust, Dated
November 7, 1988 (the "Cole Trust"). Mr. Cole is a
trustee of the Cole Trust and may be deemed to have
shared power to vote these shares.
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7 SOLE DISPOSITIVE POWER
203,182 shares issuable upon exercise of options.
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8 SHARED DISPOSITIVE POWER
789,996 shares, all of which are directly owned by
The Louis & Jolene 1988 Revocable Trust, Dated
November 7, 1988 (the "Cole Trust"). Mr. Cole is
a trustee of the Cole Trust and may be deemed to
have shared power to dispose of these shares.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY
REPORTING PERSON 993,178 shares
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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 5.5%
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12 TYPE OF REPORTING PERSON IN
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<PAGE>
ITEM 1(a). NAME OF ISSUER:
Legato Systems, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
3210 Porter Drive
Palo Alto, CA 94304
ITEM 2(a). NAME OF PERSONS FILING.
This Statement is filed by Louis C. Cole.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
The address for the Reporting Person is:
Legato Systems, Inc.
3210 Porter Drive
Palo Alto, CA 94304
ITEM 2(c). CITIZENSHIP:
Louis C. Cole is a citizen of the United States.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
524651106
ITEM 3. Not Applicable.
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ITEM 4. OWNERSHIP:
The following information with respect to the ownership of
Common Stock of the Issuer by the person filing this Statement
is provided as of December 31, 1997:
(a) Amount beneficially owned:
See Row 9 of cover page for the Reporting Person.
(b) Percent of Class:
See Row 11 of cover page for the Reporting Person.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See Row 5 of cover page for the Reporting Person.
(ii) Shared power to vote or to direct the vote:
See Row 6 of cover page for the Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
See Row 7 of cover page for the Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
See Row 8 of cover page for the Reporting Person.
<PAGE>
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.
Not Applicable
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:
Not Applicable.
<PAGE>
SIGNATURES
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.
Dated: February 13, 1998
/s/Louis C. Cole
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LOUIS C. COLE
