UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
GALAGEN, INC.
(Name of Issuer)
Common Stock
(Title Class of Securities)
362913105000
(CUSIP Number)
Check the following box if a fee is being paid with this statement: / /
(1) NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John Pappajohn ###-##-####
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REAPORTING PERSON
WITH:
(5) SOLE VOTING POWER
418,368
(6) SHARED VOTING POWER
108,332
(7) SOLE DISPOSITIVE POWER
418,368
(8) SHARED DISPOSITIVE POWER
108,332
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
526,700
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
/ /
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.22%
(12) TYPE OF REPORTING PERSON
IN
SCHEDULE 13G
Item 1 (a). Name of Issuer:
GALAGEN, INC.
Item 1 (b). Address of Issuer's Principal Executive Offices:
4001 Lexington Avenue North
Arden Hills, MN 55126-2998
Item 2 (a). Name of Person Filing:
John Pappajohn
Item 2 (b). Address of Principal Business Office or, if none,
Residence:
2116 Financial Center
Des Moines, Iowa 50309
Item 2 (c). Citizenship:
U.S.A.
Item 2 (d). Title of Class of Securities:
Common Stock
Item 2 (e). CUSIP Number:
362913105000
Item 3.
Not Applicable.
Item 4. Ownership:
(a) Amount Beneficially Owned: Includes 541 shares
issuable under outstanding stock options and 63,672
shares issuable under warrants. Also includes 54,166
shares held of record by Mary Pappajohn, Mr. Pappajohn's
wife and 54,166 shares held of record by Thebes, Ltd.,
of which Mary Pappajohn is the sole owner. Mr.
Pappajohn disclaims beneficial ownership of these
shares.
(b) Percent of Class: 7.22%; based upon 7,299,187 shares
actually outstanding, assuming conversion of filers
option and warrant shares, as of December 31, 1997.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
See cover item 5.
(ii) shared power to vote or to direct the vote:
See cover item 6. Consists of 54,166 shares held by
Mary Pappajohn, Mr. Pappajohn's wife and 54,166
shares held by Thebes, Ltd., of which Mrs. Pappajohn
is the sole owner. Mr. Pappajohn disclaims
beneficial ownership of these shares.
(iii) sole power to dispose or to direct the disposition
of:
See cover item 7.
(iv) shared power to dispose or to direct the disposition
of:
See cover item 8. Consists of 54,166 shares held by
Mary Pappajohn, Mr. Pappajohn's wife and 54,166
shares held by Thebes, Ltd., of which Mrs. Pappajohn
is the sole owner. Mr. Pappajohn disclaims
beneficial ownership of these shares.
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.
Note: All information in the Schedule 13G is as of December
31, 1997 unless otherwise noted.
After reasonable inquiry and to the best of my knowledge and
belief, the undersigned certifies that the information set forth
in this Statement is true, complete and correct.
Dated: January 27, 1998
/s/ John Pappajohn
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John Pappajohn