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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. 2)*
Objective Systems Integrators, Inc.
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(Name of Issuer)
Common Stock, $.001 par value
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(Title of Class of Securities)
674424 10 6
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing of 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).
SEC 1745 (2-95)
Page 1 of 6 Pages
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CUSIP NO. 674424 10 6 13G PAGE 2 OF 6 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard G. Vento
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Nevada
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SOLE VOTING POWER
5
NUMBER OF 10,180,273
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 10,180,273
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
10,180,273
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
28.8%
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TYPE OF REPORTING PERSON*
12
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 674424 10 6 PAGE 3 OF 6 PAGES
Item 1.
(a) Name of Issuer: Objective Systems Integrators, Inc.
(b) Address of Issuer's Principal Executive Offices: 100 Blue
Ravine Road Folsom, CA 95630
Item 2.
(a) Name of Person Filing: This statement is being filed by Richard
G. Vento (the "Reporting Person"). The shares of Common Stock
indicated in No. 9 on page 2 of this statement are hereinafter
referred to as "the Reported Shares." Reporting Person is the
manager of Vento L.L.C., Nicole Vento L.L.C., Renee Vento
L.L.C., and Gail Vento L.L.C., Colorado limited liability
companies (the "LLCs"), and has sole voting and investment
power over the shares of Common Stock held by the LLCs. The
Reporting Person is the spouse of Lana Vento and has sole
voting and investment power over shares of Common Stock held
by Lana Vento.
Vento L.L.C. beneficially owns 328,790 shares of Common Stock,
Nicole Vento L.L.C. beneficially owns 1,584,157 shares of Common
Stock, Renee Vento L.L.C. beneficially owns 1,584,157 shares of
Common Stock and Gail Vento L.L.C. beneficially owns 1,584,157
shares of the Common Stock. The LLCs' beneficial ownership of
those shares is direct. Lana Vento beneficially owns 2,549,506
shares of the Common Stock, which beneficial ownership is
direct. The Reporting Person beneficially owns by direct
ownership 2,549,506 shares of the Common Stock (the "Direct
Shares"). Reporting Person's beneficial ownership of the
remainder of the Common Stock is indirect as a result of his
control of the LLCs and his spousal realtionship to Lana Vento.
The beneficial ownership of Reporting Person is reported because
Rule 13d-1(a) and (b) under the Securities Exchange Act of 1934,
as amended, requires any person who is "directly or indirectly"
the beneficial owner of more than five percent of any equity
security of a specified class to file a Schedule 13G within the
specified time period. The answers in blocks 6, 8, 9 and 11 on
pages 3 and 4 above and in response to item 4 by Reporting are
given on the basis of the Reporting Person's direct ownership of
the Direct Shares as well as on the basis of the "indirect"
beneficial ownership referred to in such Rule, based on the
direct beneficial ownership of Common Stock by the LLCs and Lana
Vento and the relationship of Reporting Person to the LLCs and
Lana Vento referred to above.
In addition to reflecting the result of transactions which
occurred during 1998, this amendment corrects amendment no. 1
which reflected the results of several transfers which were
later determined to be defective (and accordingly were never
completed) as a matter of state law.
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CUSIP NO. 674424 10 6 PAGE 4 OF 6 PAGES
(b) Address of Principal Business Office or, if none, Residence
Reporting Person's Principal Business office is located at: 865
Tahoe Blvd., Suite 203, Incline Village, NV 89451
Shareholder's Principal Business office is located at: 2676 West
Alamo Avenue, Littleton, CO 80120
(c) Citizenship:
Reporting Person is a United States citizen.
The LLCs are Colorado limited liability companies.
Lana Vento is a United States citizen.
(d) Title of Class of Securities: Common Stock, $.001 par value
(e) CUSIP Number: 674424 10 6
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-
2(b), check whether the person is a: Not Applicable
(a) [_] Broker or Dealer registered under Section 15 of the Act
(b) [_] Bank as defined in section 3(a)(6) of the Act
(c) [_] Insurance Company as defined in section 3(a)(19) of the Act
(d) [_] Investment Company registered under section 8 of the
Investment Company Act
(e) [_] Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) [_] Employee Retirement Income Security Act of 1974 or Endowment
Fund, see (S) Employee Benefit Plan, Pension Fund which is
subject to the provisions of the (S)240.13d-1(b)(1)(ii)(F)
(g) [_] Parent Holding Company, in accordance with (S)240.13d-
1(b)(ii)(G) (Note: See Item 7)
(h) [_] Group, in accordance with (S)240.13d-1(b)(1)(ii)(H)
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CUSIP NO. 674424 10 6 PAGE 5 OF 6 PAGES
Item 4. Ownership
(a) Amount Beneficially Owned: Reporting Person indirectly owns
7,630,767 shares of Common Stock and directly owns 2,549,506
shares of Common Stock.
(b) Percent of Class: 28.8%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 10,180,273*
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or direct the disposition of:
10,180,273*
(iv) shared power to dispose or direct the disposition of: -0-
*See Item 2 for the entities in which the shares are held.
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more that
five percent of the class of securities, check the following [_].
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.
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CUSIP NO. 674424 10 6 PAGE 6 OF 6 PAGES
Item 10.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
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.
March 18, 1999
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Date
/s/ Richard G. Vento
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Signature
Richard G. Vento/Co-Chief Executive Officer
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Name/Title
