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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. 5) *
SOFTWARE SPECTRUM, INC.
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(Name of Issuer)
Common Stock, $.01 par value per share
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(Title of Class of Securities)
833960 107
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(CUSIP Number)
Check the following box if a fee is being paid with this statement
[ ]. (A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7).
* 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).
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1 Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of above persons
Judy O. Sims
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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 342,264
BENEFICIALLY -----------------------------------------------------
OWNED BY EACH 6 Shared voting power
REPORTING PERSON -0-
WITH -----------------------------------------------------
7 Sole dispositive power
342,264
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8 Shared dispositive power
-0-
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9 Aggregate amount beneficially owned by each reporting person
379,532
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10 Check if the aggregate amount in row (9) excludes certain
shares
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11 Percent of class represented by amount in row (9)
8.8%
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12 Type of reporting person (see instructions)
IN
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1 Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of above persons
Richard G. Sims
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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 37,268 BY
BENEFICIALLY -----------------------------------------------------
OWNED BY EACH 6 Shared voting power
REPORTING PERSON -0-
WITH -----------------------------------------------------
7 Sole dispositive power
37,268
-----------------------------------------------------
8 Shared dispositive power
-0-
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9 Aggregate amount beneficially owned by each reporting person
379,532
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10 Check if the aggregate amount in row (9) excludes certain
shares
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11 Percent of class represented by amount in row (9)
8.8%
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12 Type of reporting person (see instructions)
IN
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ITEM 1.
(a) NAME OF ISSUER:
SOFTWARE SPECTRUM, INC.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
2410 Merritt Drive
Garland, Texas 75041
ITEM 2.
(a) NAME OF PERSON FILING:
Richard G. Sims and Judy O. Sims
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE:
2140 Merritt Drive
Garland, Texas 75041
(c) CITIZENSHIP:
United States
(d) TITLE OF CLASS OF SECURITIES:
Common Stock
(e) CUSIP NUMBER:
833960 107
ITEM 3. Not Applicable
ITEM 4. OWNERSHIP:
(a) AMOUNT BENEFICIALLY OWNED: 379,532
(b) PERCENT OF CLASS: 8.8%
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(c) Richard G. Sims and Judy O. Sims are married. Judy O. Sims is
the record owner of 310,264 shares of Common Stock of the
Issuer and Richard Sims is record owner of 13,668 shares of
Common Stock of the Issuer. Under Texas law, absent an
agreement to the contrary, the holder of record has the sole
voting and dispositive power over all shares so owned. Judy
O. Sims and Richard G. Sims also have beneficial ownership of
32,000 and 23,600 additional shares of Common Stock of the
Issuer, respectively, through employee stock options
exercisable within sixty days from the date of this filing.
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
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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.
Dated: February 13, 1998
/s/ Richard G. Sims
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Richard G. Sims
/s/ Judy O. Sims
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Judy O. Sims
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