SKYMALL INC
3, 2000-04-10
CATALOG & MAIL-ORDER HOUSES
Previous: SKYMALL INC, 4, 2000-04-10
Next: BENCHMARK ELECTRONICS INC, S-3/A, 2000-04-10




======
FORM 3
======
                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
             INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities  Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
                         Investment Company Act of 1940

================================================================================
1.  Name and Address of Reporting Person*

    TRUXAL         MARK          E.
- --------------------------------------------------------------------------------
    (Last)         (First)       (Middle)
    c/o SkyMall, Inc.
    1520 E. Pima Street
- --------------------------------------------------------------------------------
    (Street)

    Phoenix         AZ             85034
- --------------------------------------------------------------------------------
    (City         (State)         (Zip)
================================================================================
2.  Date of Event
    Requiring Statement
    (Month/Day/Year)

    March 30, 2000
================================================================================
3.  I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (Voluntary)


================================================================================
4.  Issuer Name and Ticker or Trading Symbol

    SkyMall, Inc.; SKYM
================================================================================
5.  Relationship of Reporting Person(s) to Issuer
    (Check all applicable)

    [ ] Director                          [ ] 10% Owner
    [X] Officer (give title below)        [ ] Other (specify below)

    Vice President & Controller
    ------------------------------
================================================================================
6.  If Amendment, Date of Original
    (Month/Day/Year)

================================================================================
7.  Individual or Joint/Group  Filing (Check  Applicable Line) [X] Form filed by
    One Reporting Person [ ] Form filed by More than One Reporting Person
================================================================================
<TABLE>
<CAPTION>
=================================================================================================================
                      TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
=================================================================================================================
1. Title of Security   2. Amount of Securities    3. Ownership        4. Nature of Indirect Beneficial Ownership
   (Instr. 4)             Beneficially Owned         Form: Direct        (Instr. 5)
                          (Instr. 4)                 (D) or Indirect
                                                     (I) (Instr. 5)
- -----------------------------------------------------------------------------------------------------------------
<S>                    <C>                        <C>                 <C>
None.
- -----------------------------------------------------------------------------------------------------------------

=================================================================================================================
</TABLE>
Reminder:   Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
5(b)(v).
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 Number.
<PAGE>
Form 3 (continued)
<TABLE>
<CAPTION>
======================================================================================
               Table II--DERIVATIVE SECURITIES BENEFICIALLY OWNED
         (e.g., puts, calls, warrants, options, convertible securities)
======================================================================================
1. Title of Derivative Security  2. Date Exer-       3. Title and Amount of Securities
   (Instr. 4)                       cisable and         Underlying Derivative Security
                                    Expiration          (Inst. 4)
                                    Date
                                    (Month/Day/Year)
                                    ----------------     -----------------------------
                                    Date      Expir-                         Amount or
                                    Exer-     tion           Title           Number of
                                    cisable   Date                           Shares
- --------------------------------------------------------------------------------------
<S>                                 <C>       <C>        <C>                 <C>
   Options to Purchase
   Common Stock                     (1)       (1)        Common Stock        10,000
- --------------------------------------------------------------------------------------
   Options to Purchase
   Common Stock                     (2)       (2)        Common Stock         6,470
- --------------------------------------------------------------------------------------
   Options to Purchase
   Common Stock                     (3)       (3)        Common Stock           280
- --------------------------------------------------------------------------------------

======================================================================================
<CAPTION>
4. Conver-         5. Owner-         6. Nature of Indirect
   sion or            ship              Beneficial Ownership
   Exercise           Form of           (Inst. 5)
   Price of           Deriv-
   Deri-              ative
   ative              Security:
   Security           Direct
                      (D) or
                      Indirect
                      (I)
                      (Instr. 5)
- --------------------------------------------------------------------------------------
<S>                   <C>               <C>
$2.75                 D
- --------------------------------------------------------------------------------------
$12.75                D
- --------------------------------------------------------------------------------------
$13.1875              D
- --------------------------------------------------------------------------------------

======================================================================================
</TABLE>
Explanation of Responses:

(1)  Options to purchase 10,000 shares of Common Stock from the Company pursuant
     to the 1994  Stock  Option  Plan at a  purchase  price of $2.75 per  share.
     Options are exercisable with respect to (i) 3,333 shares after September 9,
     1999, (ii) an additional 3,333 shares after September 9, 2000 and (iii) the
     remaining  3,334 shares after  September  9, 2001;  and all options  expire
     September 9, 2008 in accordance with the Option Agreement.
(2)  Options to purchase 6,470 shares of Common Stock from the Company  pursuant
     to the 1994  Stock  Option  Plan at a  purchase  price of $12.75 per share.
     Options are  exercisable  with  respect to (i) 2,156  shares after April 5,
     2000,  (ii) an  additional  2,157  shares after April 5, 2001 and (iii) the
     remaining 2,157 shares after April 5, 2002; and all options expire April 5,
     2009 in accordance with the Option Agreement.
(3)  Options to purchase 280 shares of Common Stock from the Company pursuant to
     the 1994 Stock  Option  Plan at a  purchase  price of  $13.1875  per share.
     Options are exercisable  with respect to (i) 93 shares after April 23, 2000
     (ii) an  additional  93 shares after April 23, 2001 and (iii) the remaining
     94 shares  after April 23, 2002;  and all options  expire April 23, 2009 in
     accordance with the Option Agreement.


                           /s/ Mark E. Truxal                    April 10, 2000
                           -------------------------------     -----------------
                           **Signature of Reporting Person           Date
                           MARK E. TRUXAL

**Intentional misstatements or omissions of facts constitute Federal Criminal
  Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this Form, one of which must be manually signed.
       If space is insufficient, see Instruction 6 for procedure.

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 Number.

                                                                          Page 2
                                                                 SEC 1473 (7-97)


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission