UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Sevin, L.J.
c/o Sevin Rosen Fund III L.P.
Two Galleria Tower
13455 Noel Road, Suite 1670, LB5
Dallas, TX 75240
2. Issuer Name and Ticker or Trading Symbol
Benchmarq Microelectronics, Inc.
("BMRQ")
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
July 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |07/25/|J(1)| |2,154 |A | |634,481 |D(1) | |
|97 | | | | | | | | |
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Common Stock |07/25/| | | | | |60,639 |I |By The L.J. Sevin Benevolen|
|97 | | | | | | | |t Fund(2) |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) Acquired by the Reporting Person pursuant to a distribution by Sevin Rosen
Fund III L.P. to its partners and a
subsequent distribution by SRB Associates III L.P., the general partner of
Sevin Rosen Fund III L.P., to its partners.
The Reporting Person is a limited partner of Sevin Rosen Fund III L.P. and a
limited partner of SRB Associates III L.P.
(2) Stock held of record by the L.J. Sevin Benevolent Fund (the "Fund"). The
Reporting Person, as trustee of the
Fund, may be deemed to be a beneficial owner of the shares of stock held of
record by the Fund. The Reporting
Person disclaims beneficial ownership of the shares of stock held of record by
the Fund.
SIGNATURE OF REPORTING PERSON
/s/ ohn V. Jaggers, Attorney-in-Fact
DATE
August 11, 1997
