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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Keough, Donald R. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) USA Networks, Inc. ("USAi") (Month/Day/Year)
(Last) (First) (Middle) 9/15/98 ------------------------------
711 Fifth Avenue ---------------------------- 5. Relationship of Reporting 7. Individual or Joint/
- ---------------------------------------- 3. IRS or Social Security Person to Issuer Group Filing (Check
(Street) Number of Reporting (Check all applicable) Applicable Line)
Person (Voluntary) X Director ___ 10% Owner __ Form filed by One
New York, NY 10022 ___ Officer ___ Other Reporting Person
- -------------------------------------- ---------------------------- (give title below) (specify below) __ Form filed by More
(City) (State) (Zip) than One Reporting
--------------------------- Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 4)
(Instr. 5)
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N/A*
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*If the form is filed by more than one Reporting Person, see Instruction 5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) (Bulletin No. 177, 10-15-97)
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*Allen & Co. Incorporated, for which Mr. Keough serves as Chairman, and certain
of its affiliates beneficiallly own 1,577,619 shares of USA Networks, Inc.
Common Stock. Mr. Keough disclaims personal beneficial ownership of these
shares.
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Stock Option Right to Buy** 9/15/1999 9/15/2008 Common Stock 5,000 22 D
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Stock Option Right to Buy*** 9/17/1999 9/17/2008 Common Stock 50,000 20 7/8 D
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Explanation of Responses:
/S/ Donald R. Keough 9/25/98
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------------ ----------
Violations. **Signature of Reporting Person Date
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. Page 2
If space provided is insufficient, See Instruction 6 for procedure. (Bulletin No. 177, 10-15-97)
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**This stock option grant vests with respect to 1,667 shares of common stock
on each of the first two annniversaries of the grant date, and an additional
1,666 shares of common stock on the third anniversary of the grant date. The
grant date was September 15, 1998.
***This stock option grant vests in equal installments over a three-year period.
