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OMB APPROVAL
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OMB Number 3235-0145
Expire August 31, 1999
Estimated average burden
hours per response.............14.90
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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. 6 )*
Geneva Steel Company
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(Name of Issuer)
Common Stock, No Par Value
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(Title of Class of Securities)
372252-10-6
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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)
|_| Rule 13d-1(c)
|X| 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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
Page 1 of 5 Pages
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CUSIP No. 372252-10-6
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Robert J. Grow
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
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(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 1,052,222
Shares Bene- ---------------------------------
ficially 6. Shared Voting Power 15,500**
Owned by Each --------------------------------
Reporting 7. Sole Dispositive Power 1,052,222
Person With: -----------------------------
8. Shared Dispositive Power 15,500**
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9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,067,722
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
11. Percent of Class Represented by Amount in Row (9) 6.8%
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12. Type of Reporting Person (See Instructions) IN
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**See Item 4.
Page 2 of 5 Pages
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CUSIP No. 372252-10-6
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Item 1.
(a) Name of Issuer: Geneva Steel Company (the "Company")
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(b) Address of Issuer's Principal Executive Offices: 10 South Geneva
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Road, Vineyard, UT 84058
Item 2.
(a) Name of Person Filing: Robert J. Grow (the "Reporting Person")
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(b) Address of Principal Business Office, if none, Residence: 10 South
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Geneva Road, Vineyard, UT 84058
(c) Citizenship: United States
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(d) Title of Class of Securities: Common Stock, No Par Value
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(e) CUSIP Number: 372252-10-6
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Item 3.
This statement is not filed pursuant to Sections 240.13d-1(b) or
240.13d-2(b) or (c).
Item 4. Ownership
As of December 31, 1998, the Reporting Person was the beneficial owner
of 1,052,222 shares of the Company's Class A Common Stock. In addition, the
spouse of the Reporting Person owned, as of such date, 15,500 shares of Class A
Common Stock which may be deemed to be beneficially owned by the Reporting
Person. The Reporting Person disclaims beneficial ownership of the shares owned
by his spouse. If the shares owned by the Reporting Person's spouse are included
with the shares beneficially owned by the Reporting Person (a total of 1,067,722
shares), all such shares represented 6.8% of the outstanding Class A Common
Stock as determined by Rule 13d-3 under the Securities Exchange Act of 1934. The
Reporting Person beneficially held all shares, other than the shares owned by
his spouse, individually with sole voting and investment power. The Reporting
Person may be deemed to have shared voting and investment power with respect to
the shares owned by his spouse.
The number of shares beneficially owned by the Reporting Person
reported above includes 885,532 shares of Class A Common Stock that the
Reporting Person had the right to acquire upon the conversion of 8,855,319
shares of the Company's Class B Common Stock at the rate of ten shares of Class
B Common Stock for one share of Class A Common Stock. In addition, the number of
shares reported above includes options to purchase 153,600 shares of Class A
Common Stock, which options are either currently exercisable or exercisable
within the next 60 days.
Item 5. Ownership of Five Percent or Less of a Class
This statement is not 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.
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.
Page 3 of 5 Pages
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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 4 of 5 Pages
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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.
1/20/99
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Date
/s/ ROBERT J. GROW
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Signature
Robert J. Grow
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Name/Title
Page 5 of 5 Pages
