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- -------- OMB APPROVAL
FORM 3 ------------------------------
- -------- OMB NUMBER 3235-014
EXPIRES: SEPTEMBER 30, 1998
ESTIMATED AVERAGE BURDEN HOURS
PER RESPONSE...............0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENTS 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
<TABLE>
<S> <C> <C>
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Date of Event 4. Issuer Name AND Ticker or Trading Symbol
Requiring Statement
(Month/Day/Year) CoastCast Corp. (PAR)
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Vannini Jonathon ----------------------------------------------------
- ----------------------------------------------- July 31, 1998 5. Relationship of Reporting Person(s) to Issuer
(Last) (First) (Middle) ------------------------------ (Check all applicable)
828 Irwin Drive 3. IRS or Social Security Director X 10% Owner
- ----------------------------------------------- Number of Reporting Person --- ---
(Street) (Voluntary) Officer (give title Other
below) (specify below)
Hillsborough California 94010 --- ---
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(City) (State) (Zip) ------------------------------------------------------------------------------------
6. If Amendment, Date of Original 7. Individual or Joint/Group X Form filed by One Reporting Person
(Month/Day/Year) (Check Applicable Line) ---
Form filed by More than One Reporting
Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial
(Instr. 4) Beneficially Owned Form: Direct (D) or Indirect (I) Ownership
(Instr. 4) (Instr. 5) (Instr. 5)
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Common Stock 911,000 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, see Instruction 5(b)(v). SEC 1473 (7-96)
</TABLE>
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FORM 3 (CONTINUED)
TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<TABLE>
<CAPTION>
1. Title of 2. Date Exercisable 3. Title and Amount 4. Conversion or 5. Ownership 6. Name of
Derivative and Expiration Date of Securities Exercise Price Form of Indirect
Security (Month/Day/Year) Underlying Derivative of Derivative Derivative Beneficial
(Instr. 4) Security (Instr. 4) Security Security: Ownership
- ---------------------------------------------------------------------------- Direct (D) (Instr. 5)
Amount or or Indirect
Date Expiration Title Number of (I) (Instr. 5)
Exercisable Date Shares
<S> <C> <C> <C> <C> <C> <C> <C>
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Explanation of Responses:
** International misstatements or omissions of facts constitute Federal
Criminal Violations. 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. If
space provided is insufficient, See Instruction 6 for procedure.
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.
/s/ Jonathan Vannini August 10, 1998
_________________________________ _________________________________
**Signature of Reporting Person Date