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UNITED STATES OMB Approval
SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0145
WASHINGTON, D.C. 20549 Expires: October 31, 1997
Estimated average burden
hours per response... 14.90
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
TheraTech, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
883383101
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(CUSIP Number)
Check the following if a fee is being paid with this statement ___. (A fee is
not required only of 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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SCHEDULE 13G
CUSIP NO. 883383101 PAGE 2 OF 4 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William I. Higuchi
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not applicable (b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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5 SOLE VOTING POWER
2,373,534
NUMBER OF ----------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,500
OWNED BY ----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 2,373,534
PERSON ----------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
4,500
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,378,034
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.5%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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SCHEDULE 13G
ITEM 1. SECURITY AND ISSUER
(A) NAME OF ISSUER: TheraTech, Inc.
(B) ADDRESS: 417 Wakara Way
Salt Lake City, Utah 84108
ITEM 2. REPORTING PERSON INFORMATION
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(A) NAME OF PERSON FILING: William I. Higuchi
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(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
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417 Wakara Way
Salt Lake City, Utah 84108
(C) CITIZENSHIP:
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United States of America
(D) TITLE OF CLASS OF SECURITIES:
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Common Stock
(E) CUSIP NUMBER:
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883383101
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A
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Not applicable
ITEM 4. OWNERSHIP
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<TABLE>
<S> <C>
(A) AMOUNT BENEFICIALLY OWNED:
2,378,034
(B) PERCENT OF CLASS:
11.5%
(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
2,373,534 (which includes options to purchase
35,000 shares)
(II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
4,500 which represents 4,500 shares owned by
Setsuko Higuchi (spouse)
</TABLE>
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SCHEDULE 13G
<TABLE>
<S> <C>
(III) SOLE POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF: 2,373,534 (which includes
options to purchase 35,000 shares)
(IV) SHARED POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF: 4,500 which represents 4,500
shares owned by Setsuko Higuchi (spouse)
</TABLE>
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
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.
Date: February 13, 1997
/s/ William I Higuchi
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William I. Higuchi
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