LASERSIGHT INC /DE
3, 1998-06-12
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 3

            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


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1. Name and Address of Reporting Person*

TLC The Laser Center Inc.
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   (Last)               (First)                 (Middle)

5600 Explorer Drive, Suite 301  
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                                    (Street)

Mississauga, Ontario, Canada L4W 4Y2
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   (City)               (State)                 (Zip)


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2. Date of Event Requiring Statement (Month/Day/Year)

6/5/98
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3. IRS or Social Security Number of Reporting Person (Voluntary)

N/A
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4. Issuer Name and Ticker or Trading Symbol

LaserSight Incorporated (Trading symbol: LASE)
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5. Relationship of Reporting Person(s) to Issuer
   (Check all applicable)

|_|   Director                             |X|   10% Owner
|_|   Officer (give title below)           |_|   Other (specify below)


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6. If Amendment, Date of Original (Month/Day/Year)

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7. Individual or Joint/Group Filing (Check Applicable Line)

   |X|  Form filed by One Reporting Person
   
   |_|  Form filed by More than One Reporting Person

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             Table I -- Non-Derivative Securities Beneficially Owned
================================================================================
<TABLE>
<CAPTION>
                                                                 3. Ownership Form:
                                      2. Amount of Securities       Direct (D) or  
1. Title of Security                     Beneficially Owned         Indirect (I)       4. Nature of Indirect Beneficial Ownership
   (Instr. 4)                            (Instr. 4)                 (Instr. 5)            (Instr. 5)                              
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   <S>                                   <C>                         <C>                  <C>
   Common Stock                          264,800                     D
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</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).

                                  Page 1 of 2
<PAGE>

              Table II -- Derivative Securities Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible securities)

<TABLE>
<CAPTION>
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                                                                                                        5. Owner-
                                                    3. Title and Amount of Securities                      ship
                                                       Underlying Derivative Security                      Form of
                           2. Date Exercisable         (Instr. 4)                                          Derivative
                              and Expiration Date   ---------------------------------    4. Conver-        Security:
                              (Month/Day/Year)                             Amount           sion or        Direct      7. Nature of
                           ----------------------                          of               Exercise       (D) or         Indirect
                             Date       Expira-                            Number           Price of       Indirect       Beneficial
1. Title of Derivative       Exer-      tion                               of               Derivative     (I)            Ownership
   Security (Instr. 4)       cisable    Date        Title                  Shares           Security       (Instr. 5)     (Instr. 5)
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<S>                          <C>        <C>         <C>                    <C>           <C>            <C>            <C>
Series C Convertible         Immed.     N/A         Common Stock           2,000,000     1-for-1        D
Participating Preferred 
Stock
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</TABLE>

Explanation of Responses:


**   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 provided 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.

TLC The Laser Center Inc.

By: /s/ Elizabeth A. Karmin                                      6/11/98
    -----------------------------------------            -----------------------
      Deputy General Counsel                                      Date
      ** Signature of Reporting Person                            

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