CIBER INC
SC 13G, 1998-05-12
COMPUTER PROGRAMMING SERVICES
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<PAGE>
                                       
                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C.  20549
                                       
                                       
                                 SCHEDULE 13G
                                       
                                       
                  Under the Securities Exchange Act of 1934
                             (Amendment No. 1)(1)
                                       
                                       
                                       
                                 CIBER, Inc.
                             --------------------
                               (Name of Issuer)
                                       
                    Common Stock, par value $.01 per share
                    --------------------------------------
                        (Title of Class of Securities)
                                       
                                  17163B102
                             --------------------
                                (CUSIP Number)
                                       
                                January 26, 1998
           ------------------------------------------------------
           (Date of Event Which Requires Filing of this Statement)
                                       
Check the appropriate box to designate the rule pursuant to which this Schedule
                                  is filed:
                                       
  / /  Rule 13d-1(b)

  / /  Rule 13d-1(c)

  /X/  Rule 13d-1(d)

- -----------------------
(1) The remainder of this cover page shall be filled out for a reporting 
person's initial filing on 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).

<PAGE>

CUSIP NO. 17163B102                  SCHEDULE 13G                    PAGE 2 OF 7
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
  1   NAMES OF REPORTING PERSONS
      I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

      Bobby G. Stevenson
- --------------------------------------------------------------------------------
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
                                                            (a) / /
          N/A                                               (b) / /
- --------------------------------------------------------------------------------
  3   SEC USE ONLY


- --------------------------------------------------------------------------------
  4   CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
- --------------------------------------------------------------------------------
                       SOLE VOTING POWER
                  5
                          12,229,088
   NUMBER OF    ----------------------------------------------------------------
     SHARES       6     SHARED VOTING POWER
  BENEFICIALLY
    OWNED BY              0
      EACH      ----------------------------------------------------------------
   REPORTING      7    SOLE DISPOSITIVE POWER
     PERSON   
      WITH                12,229,088
                ----------------------------------------------------------------
                  8    SHARED DISPOSITIVE POWER

                          0
- --------------------------------------------------------------------------------
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          12,229,088
- --------------------------------------------------------------------------------
 10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / /
          (See Instructions)

- --------------------------------------------------------------------------------
 11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     Approximately 26%               See footnote 3 to Item 4
- --------------------------------------------------------------------------------
 12    TYPE OF REPORTING PERSON (See Instructions)

          IN
- --------------------------------------------------------------------------------

                                     -2-
<PAGE>

CUSIP NO. 17163B102                  SCHEDULE 13G                    PAGE 3 OF 7
- --------------------------------------------------------------------------------

Item 1.

     (a)  Name of Issuer:  CIBER, INC.

     (b)  Address of Issuer's Principal Executive Offices:

          5251 DTC PARKWAY, SUITE 1400
          ENGLEWOOD, CO 80111

Item 2.

     (a)  Name of Person Filing:  BOBBY G. STEVENSON

     (b)  Address of Principal Business Office or, if none, Residence:

          5251 DTC PARKWAY, SUITE 1400
          ENGLEWOOD, CO 80111

     (c)  Citizenship:   UNITED STATES 

     (d)  Title of Class of Securities: COMMON STOCK, PAR VALUE $.01 PER SHARE

     (e)  CUSIP Number: 17163B102

Item 3.   If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or
          (c), check whether the person filing is a: NOT APPLICABLE

     (a) [ ] Broker or dealer registered under section15 of the Act (15 U.S.C.
             78o).

     (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

     (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15
             U.S.C. 78c).

     (d) [ ] Investment company registered under section 8 of the Investment
             Company Act of 1940 (15 U.S.C. 80a-8).

     (e) [ ] An investment advisor in accordance with Section 
             240.13d-1(b)(1)(ii)(E);

     (f) [ ] An employee benefit plan or endowment fund in accordance with
             Section 240.13d-1(b)(1)(ii)(F);

     (g) [ ] A parent holding company or control person in accordance with
             Section 240.13d-1(b)(1)(ii)(G);


                                     -3-
<PAGE>

CUSIP NO. 17163B102                  SCHEDULE 13G                    PAGE 4 OF 7
- --------------------------------------------------------------------------------

     (h) [ ] A savings association as defined in Section 3(b) of the Federal
             Deposit Insurance Act (12 U.S.C. 1813);

     (i) [ ] A church plan that is excluded from the definition of an investment
             company under section 3(c)(14) of the Investment Company Act of 
             1940 (15 U.S.C. 80a-3);

     (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).

     If this statement is filed pursuant to Section 240.13d-1(c), check this box
[ ].


Item 4.   Ownership

     (a)  Amount Beneficially Owned: 12,229,088 (2)

- ---------------------
(2) Includes shares held by the 1998 Bobby G. Stevenson Revocable Trust and the
Bobby G. Stevenson Revocable Trust, both trusts of which Mr. Stevenson is the
settlor, trustee and beneficiary, and options to purchase 160,000 shares of
Common Stock.  Excludes 5,000 shares of Common Stock held in the Irrevocable
First Stevenson Charitable Remainder Unitrust, of which shares Mr. Stevenson
disclaims beneficial ownership.  In connection with the issuance by Merrill
Lynch & Co., Inc. ("ML & Co.") of 2,012,500 Structured Yield Product
Exchangeable for Stock 7 7/8% STRYPES-SM- Due February 1, 2001 securities, the
reporting person, individually and as settlor, trustee and beneficiary of the
1998 Bobby G. Stevenson Revocable Trust entered into a Forward Purchase Contract
(the "STRYPES Agreement") with ML & Co. pursuant to which, in consideration of
the payment to him on January 30, 1998 of $82,012,603.76, he is obligated to
deliver to ML & Co. on the business day preceding February 1, 2001 up to a
maximum of 2,118,358 (4,236,716 as a result of a stock split in March 1998)
shares of Common Stock of CIBER, Inc., subject to his right to 
satisfy his obligations under the STRYPES Agreement by delivering to ML & Co.
cash with an equal value.  Furthermore, the reporting person's obligations may
be satisfied by delivery of fewer than 2,118,358 (4,236,716 post-split) shares
if the Maturity Price of the CIBER Common Stock is in excess of the applicable
Initial Appreciation Cap (as those terms are defined in the Prospectus, dated
January 26, 1998, of ML & Co. filed with the Securities and Exchange Commission
on January 27, 1998 pursuant to Rule 424(b)(the "Prospectus").  The STRYPES
securities and the STRYPES Agreement reported herein are more fully described in
the Prospectus.

     The 2,118,358 (4,236,716 post-split) shares of CIBER Common Stock referred
to above are held indirectly by the reporting person in the name of Bobby G.
Stevenson as trustee of the 1998 Bobby G. Stevenson Revocable Trust.  Assuming
the delivery to the ML & Co. Subsidiary of the maximum number of shares of
Common Stock required by ML & Co. to pay and discharge all of the STRYPES
(including STRYPES subject to the over-allotment option granted to the
Underwriter of the STRYPES) pursuant to the Forward Purchase Contract, Mr.
Stevenson will beneficially own 7,992,372 shares of Common Stock, which will
represent approximately 17% of the Company's 


                                     -4-
<PAGE>

CUSIP NO. 17163B102                  SCHEDULE 13G                    PAGE 5 OF 7
- --------------------------------------------------------------------------------

     (b)  Percent of Class: 26% (3)

     (c)  Number of shares as to which such person has:

          (1)  Sole power to vote or to direct the vote: 12,229,088

          (2)  Shared power to vote or to direct the vote: 0

          (3)  Sole power to dispose or to direct the disposition of:
               7,992,372

          (4)  Shared power to dispose or to direct the disposition of:
               4,236,716 (4)

Item 5.   Ownership of Five Percent or Less of a Class: NOT APPLICABLE

          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 than five percent of the class of securities, check the 
          following.         [ ]

          INSTRUCTION:  Dissolution of a group requires a response to this item.

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 
- --------------------
outstanding stock.

(3) Based on 46,482,313 shares of Common Stock outstanding as of March 31, 1998
and 160,000 shares beneficially owned by Mr. Stevenson pursuant to currently
exercisable options.

(4) Pursuant to the Strypes Agreement described in note 2 above, Mr. Stevenson
may not dispose of the 2,118,353 (4,236,716 post-split) shares securing the
Strypes agreement until the Strypes Agreement is settled.


                                     -5-
<PAGE>

CUSIP NO. 17163B102                  SCHEDULE 13G                    PAGE 6 OF 7
- --------------------------------------------------------------------------------


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


                                     -6-
<PAGE>

CUSIP NO. 17163B102                  SCHEDULE 13G                    PAGE 7 OF 7
- --------------------------------------------------------------------------------


                                   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.

Dated:  May 12, 1998 


                                       /s/ Bobby G. Stevenson    
                                       ---------------------------------------
                                       Bobby G. Stevenson

ATTENTION:  INTENTIONAL MISSTATEMENTS OR OMISSION OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C 1001)


                                     -7-


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