<PAGE> 1
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FORM 5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] CHECK BOX IF NO
LONGER SUBJECT TO
SECTION 16. FORM
4 OR FORM 5
OBLIGATIONS MAY
CONTINUE. SEE Filed pursuant to Section 16(a) of the Securities
INSTRUCTIONS 1(b). Exchange Act of 1934,
[X] FORM 3 HOLDINGS Section 17(a) of the Public Utility
REPORTED Holding Company Act of 1935 or Section 30(f) of
[X] FORM 4 the Investment Company Act
TRANSACTIONS of 1940
REPORTED
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Tatham Brothers Securities, LLC Tatham Offshore, Inc. Issuer (Check all applicable)
- ------------------------------------------- -------------------------------------------- X Director X 10% Owner
(Last) (First) (Middle) 3. IRS or Social 4. Statement for ---- ---
7400 Chase Tower Security Number of Month/Year X Officer (give Other (specify
600 Travis Street Reporting Person June 30, 1999 ---- title --- below)
- ------------------------------------------- (Voluntary) ------------------- below)
(Street) 5. If Amendment, Chief Executive Officer
Houston Texas 77002 Date of Original -------------------------------
- ------------------------------------------- (Month/Year)
(City) (State) (Zip) 7. Individual or Joint/Group Reporting
(Check applicable line)
Form Filed by One
---- Reporting Person
X Form Filed by More than
---- One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities Ben- ship of In-
Date Code (Instr. 3, 4, and 5) eficially Owned Form: direct
(Month/ (Instr. at End of Issuer's Direct Benefi-
Day/ 8) Fiscal Year (D) or cial
Year) ---------------------------- (Instr. 3 and 4) Indirect Owner-
Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr. 4)
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Common Stock, par value
$0.01, per share 8/18/98 P 20,768,011 A $2.80 20,768,011 D(2)
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Series A 12% Convertible
Exchangeable Preferred Stock,
par value $0.01, per share 8/18/98 P 3,455,444 A $1.86 3,455,444 D(2)
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Common Stock, par value By
$0.01, per share 8/18/98 P 20,768,011 A (3) 20,768,011 I(4) corporation
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Series A 12% Convertible
Exchangeable Preferred Stock, By
par value $0.01, per share 8/18/98 P 3,455,444 A (3) 3,455,444 I(4) corporation
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Common Stock, par value
$0.01, per share 7/28/94 P 999 A $0 6,923,669 D(5)
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Common Stock, par value By
$0.01, per share 8/18/98 P 6,922,670 A (3) 6,923,669 I(6) corporations
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</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C>
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Month/ (Instr. end of Issuer's Direct Benefi-
Day/ 8) Fiscal Year (D) or cial
Year) ---------------------------- (Instr. 3 and 4) Indirect Owner-
Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr. 4)
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Series A 12% Convertible
Exchangeable Preferred Stock, By
par value $0.01, per share 8/18/98 P 1,151,814 A (3) 1,151,814 I(6) corporations
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Common Stock, par value $0.01,
per share (7) P 26,500 A $3.00(7) 6,949,170 D(8)
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Series A 12% Convertible
Exchangeable Preferred Stock,
par value $0.01, per share (9) P 341,000 A $1.47(9) 1,492,814 D(8)
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Common Stock, par value $0.01, By
per share 8/18/98 P 6,922,670 A (3) 6,949,170 I(10) corporations
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Series A 12% Convertible
Exchangeable Preferred Stock, By
par value $0.01, per share 8/18/98 P 1,151,814 A (3) 1,492,814 I(10) corporations
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Common Stock, par value $0.01, By
per share 8/18/98 P 6,922,670 A (3) 6,922,670 I(11) corporations
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Series A 12% Convertible
Exchangeable Preferred Stock, By
par value $0.01, per share 8/18/98 P 1,151,814 A (3) 1,151,814 I(11) corporations
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Common Stock, par value $0.01, By
per share 8/18/98 P 6,576,537 A (3) 6,754,897 I(12) corporations
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Series A 12% Convertible
Exchangeable Preferred Stock, By
par value $0.01, per share 8/18/98 P 1,094,223 A (3) 2,631,823 I(12) corporations
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</TABLE>
Explanation of Responses:
1. Tatham Brothers Securities, LLC filed a Form 3 on August 24, 1998 with
respect to the August 18, 1998 acquisition. No Form 3 filing has been made
for Tatham Brothers, LLC, 1997 Glenn H. Tatham, III Trust and Casey Tatham
Trust or Oak Cliff Breeders, Inc. No Form 4 filing has been made for Thomas
P. Tatham with respect to the August 18, 1998 acquisition. This Form 5
filing is made by Tatham Brothers Securities, LLC as the designated filer
for a "group," for purposes of Section 13(d) of the Exchange Act, composed
of itself and the other parties referenced above.
2. These securities are owned directly by Tatham Brothers Securities, LLC which
is the designated filer for a "group" composed of itself, Tatham Brothers,
LLC, 1997 Glenn H. Tatham, III Trust, Casey Tatham Trust, Oak Cliff
Breeders, Inc. and Thomas P. Tatham for purposes of Section 13(d) of the
Exchange Act.
3. Tatham Brothers Securities, LLC purchased each share of Common Stock for
$2.80 and each share of Series A 12% Convertible Exchangeable Preferred
Stock for $1.86.
4. These securities are indirectly owned by Tatham Brothers, LLC as 100% owner
of Tatham Brothers Securities, LLC.
5. These securities are directly owned by 1997 Glenn H. Tatham, III Trust.
6. These securities are indirectly owned by 1997 Glenn H. Tatham, III Trust, as
33 1/3% owner of Tatham Brothers, LLC, which owns 100% of Tatham Brothers
Securities, LLC.
7. These securities were purchased by Casey Tatham Trust in the following
amounts, for the price of the date indicated: 3,500 shares at $3.051 per
share on June 18, 1998, 9,000 shares at $3.030 per share on July 20, 1998,
and 14,000 shares at $2.972 on July 23, 1998 for a net per share purchase
price of $3.002 per share.
8. These securities are directly owned by Casey Tatham Trust.
9. These securities were purchased by Casey Tatham Trust in the following
amounts, for the price and on the date indicated: 35,000 shares at $1.452
per share on March 6, 1998, 15,000 shares at $1.452 per share on March 9,
1998, 90,000 shares at $1.452 per share on March 11, 1998, 15,000 shares at
$1.452 per share on March 13, 1998, 15,000 shares at $1.452 per share on
March 19, 1998, 20,000 shares at $1.527 per share on March 31, 1998, 10,000
shares at $1.527 per share on April 3, 1998, 25,000 shares at $1.520 on May
20, 1998, 15,000 shares at $1.520 per share on June 1, 1998, 50,000 shares
at $1.536 per share on June 2, 1998, 5,000 shares at $1.396 per share on
June 18, 1998, 40,000 shares at $1.395 per share on July 20, 1998, and 6,000
shares at $1.333 per share on August 6, 1998 for a net per share purchase
price of $1.469 per share.
10. These securities are indirectly owned by Casey Tatham Trust, as 33 1/3%
owner of Tatham Brothers, LLC, which owns 100% of Tatham Brothers
Securities, LLC.
11. These securities are indirectly owned by Oak Cliff Breeders, Inc., as
33 1/3% owner of Tatham Brothers, LLC, which owns 100% of Tatham Brothers
Securities, LLC.
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<TABLE>
<CAPTION>
FORM 5 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion of action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
-----------------------------------
Date Expira- Amount or
--------------- Exer- tion Number of
(A) (D) cisable Date Title Shares
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<S> <C> <C>
9. Number of 10. Ownership 11. Nature of
Derivative of Derivative Indirect
Securities Security: Beneficial
Beneficially Direct (D) Ownership
Owned at End or Indirect (I) (Instr. 4)
of Year (Instr. 4)
(Instr. 4)
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Explanation of Responses:
12. These securities are indirectly owned by Thomas P. Tatham, as 95% owner of Oak Cliff Breeders, Inc., which owns 33 1/3%
of Tatham Brothers, LLC, which in turn owns 100% of Tatham Brothers Securities, LLC.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ KEN HAMILTON
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ----------------------------------
Ken Hamilton Date
Senior Vice President of Tatham
Brothers Securities, LLC
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
</TABLE>
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.
Page 3 of 8
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Joint Filer Information
Designated Filer: Tatham Brothers Securities, LLC
Issuer: Tatham Offshore, Inc.
Date of Event
Requiring
Statement: 8/18/98
Joint Filers (on this and subsequent pages):
Name: Tatham Brothers, LLC
Address: 7400 Chase Tower
600 Travis Street
Houston, TX 77002
Signature: /s/ KEN HAMILTON
------------------------------------
Ken Hamilton
Senior Vice President of Tatham Brothers, LLC
Page 4 of 8
<PAGE> 5
Joint Filer Information
Name: 1997 Glenn H. Tatham, III Trust
Address: 7400 Chase Tower
600 Travis Street
Houston, TX 77002
Signature: /s/ RICK L. BURDICK
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Rick L. Burdick
Co-Trustee of 1997 Glenn H. Tatham, III Trust
Signature: /s/ GLEN HUNTER TATHAM, III
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Glen Hunter Tatham, III
Co-Trustee of 1997 Glenn H. Tatham, III Trust
Page 5 of 8
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Joint Filer Information
Name: Casey Tatham Trust
Address: 3100 Chase Tower
600 Travis Street
Houston, TX 77002
Signature: /s/ BEN T. MORRIS
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Ben T. Morris
Trustee of Casey Tatham Trust
Page 6 of 8
<PAGE> 7
Joint Filer Information
Name: Oak Cliff Breeders, Inc.
Address: 7400 Chase Tower
600 Travis Street
Houston, TX 77002
Signature: /s/ THOMAS P. TATHAM
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Thomas P. Tatham
Chief Executive Officer
Page 7 of 8
<PAGE> 8
Joint Filer Information
Name: Thomas P. Tatham
Address: 7400 Chase Tower
600 Travis Street
Houston, TX 77002
Signature: /s/ THOMAS P. TATHAM
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Thomas P. Tatham
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