<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Internet America, Inc.
---------------------------------------------------------------------
(Name of issuer)
Common Stock, par value $0.01 per share
---------------------------------------------------------------------
(Title of class of securities)
46058Y109
------------------------------------
(CUSIP Number)
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)
*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 1 of 11 Pages
<PAGE> 2
<TABLE>
<S> <C> <C> <C>
- -------------------------------------- ------------------------------------
CUSIP No. 46058Y109 13G Page 2 of 11 Pages
- -------------------------------------- ------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William O. Hunt
- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [X]
(b) [ ]
- ----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 583,385
BENEFICIALLY ----------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 626,605
PERSON ----------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
583,385
----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
626,605
- ----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,254,990
- ----------------------------------------------------------------------------------------------------------------------------
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)
19.8%
- ----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (see instructions)
IN
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 3
<TABLE>
<S> <C> <C> <C>
- -------------------------------------- ------------------------------------
CUSIP No. 46058Y109 13G Page 3 of 11 Pages
- -------------------------------------- ------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BCG Partnership, Ltd.
- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [X]
(b) [ ]
- ----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- ----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 297,301
BENEFICIALLY ----------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING -0-
PERSON ----------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
297,301
----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
297,301
- ----------------------------------------------------------------------------------------------------------------------------
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)
4.7%
- ----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (see instructions)
PN
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 4
<TABLE>
<S> <C> <C> <C>
- -------------------------------------- ------------------------------------
CUSIP No. 46058Y109 13G Page 4 of 11 Pages
- -------------------------------------- ------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
B & G Partnership, Ltd.
- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [X]
(b) [ ]
- ----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- ----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 329,304
BENEFICIALLY ----------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING -0-
PERSON ----------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
329,304
----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
329,304
- ----------------------------------------------------------------------------------------------------------------------------
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)
5.2%
- ----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (see instructions)
PN
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 5
<TABLE>
<S> <C> <C> <C>
- -------------------------------------- ------------------------------------
CUSIP No. 46058Y109 13G Page 5 of 11 Pages
- -------------------------------------- ------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William O. Hunt Retirement Trust
- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [X]
(b) [ ]
- ----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 583,385
BENEFICIALLY ----------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING -0-
PERSON ----------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
583,385
----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
583,385
- ----------------------------------------------------------------------------------------------------------------------------
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)
9.3%
- ----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (see instructions)
OO
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 6
<TABLE>
<S> <C> <C> <C>
- -------------------------------------- ------------------------------------
CUSIP No. 46058Y109 13G Page 6 of 11 Pages
- -------------------------------------- ------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Grace A. Hunt
- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [X]
(b) [ ]
- ----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES -0-
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 626,605
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
626,605
- ----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
626,605
- ----------------------------------------------------------------------------------------------------------------------------
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)
10.0%
- ----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (see instructions)
IN
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 7
Item 1(a). Name of Issuer.
The name of the Issuer is Internet America, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
The Issuer's principal executive offices are located at One Dallas
Centre, 350 North St. Paul, Suite 3000, Dallas, Texas 75201.
Item 2(a). Name of Person Filing.
This statement is being filed on behalf of William O. Hunt, BCG
Partnership, Ltd., B&G Partnership, Ltd., William O. Hunt
Retirement Trust and Grace A. Hunt.
Item 2(b). Address of Principal Business Office or, if none, Residence.
The address of the principal business office of Mr. Hunt is 17604
Woods Edge Drive, Dallas, Texas 75287
Item 2(c). Citizenship.
Mr. Hunt is a citizen of the United States of America.
Item 2(d). Title of Class of Securities.
This statement relates to shares of Common Stock, par value of
$0.01 per share ("Common Stock") of the Issuer.
Item 2(e). CUSIP Number.
The CUSIP No. for the shares of Common Stock of the Issuer is
46058Y109.
Item 3. Not Applicable.
Item 4. Ownership
(a)-(b) Amount Beneficially Owned and Percent of Class.
As of December 31, 1998, BCG Partnership, Ltd. beneficially owned
297,301 shares or 4.7%, of the Common Stock of the Issuer. As of
December 31, 1998, B&G Partnership, Ltd. beneficially owned 329,304
shares, or 5.2%, of the Common Stock of the Issuer. As of December
31, 1998, the William O. Hunt Retirement Trust beneficially owned
583,385 shares, or 9.3%, of the Common Stock of the Issuer.
As of December 31, 1998, Mr. Hunt may be deemed to have
beneficially owned 1,254,990 shares, or 19.8%, of the Common Stock
of the Issuer. Mr. Hunt
Page 7 of 11 Pages
<PAGE> 8
beneficially owned 45,000 of such shares by virtue of his ownership
of options and may be deemed to have beneficially owned 626,605 of
such shares in his capacity as general partner of BCG Partnership,
Ltd. and B & G Partnership, Ltd. and 583,385 of such shares in his
capacity as trustee of the William O. Hunt Retirement Trust.
As of December 31, 1998, Mrs. Hunt may be deemed to have
beneficially owned 626,605 shares, or 10.0%, of Common Stock of the
Issuer, in her capacity as general partner of BCG Partnership, Ltd.
and B&G Partnership, Ltd.
(c) (i)-(iv) Voting and Dispositive Power.
BCG Partnership, Ltd. and B&G Partnership, Ltd., through their
general partners, had the sole power to vote or to direct the vote
or to dispose or to direct the disposition of 297,301 and 329,304
shares, respectively, of the Common Stock of the Issuer. As the
general partners of these partnerships, Mr. and Mrs. Hunt had the
shared power to vote or to direct the vote or to dispose or to
direct the disposition of all of such shares.
The William O. Hunt Retirement Trust, through its trustee, had the
sole power to vote or to direct the vote or to dispose or to direct
the disposition of 583,385 shares of Common Stock of the Issuer. As
trustee of the William O. Hunt Retirement Trust, Mr. Hunt had the
sole power to vote or to direct the vote or to dispose or to direct
the disposition of all of such shares.
With respect to the 45,000 shares of Common Stock of the Issuer
beneficially owned by Mr. Hunt by virtue of his ownership of
options, no voting power exists because the options have not been
exercised to purchase such shares and no dispositive power exists
because the options are not transferable except by will or the laws
of decent and distribution or pursuant to a qualified domestic
relations order.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Certain other persons may have the right to receive a portion of
the proceeds from the sale of the shares of Common Stock disclosed
herein. None of such persons' interest exceeds five percent of the
outstanding Common Stock.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company.
Not applicable
Page 8 of 11 Pages
<PAGE> 9
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
Page 9 of 11 Pages
<PAGE> 10
<TABLE>
<S> <C> <C> <C>
- -------------------------------------- ------------------------------------
CUSIP No. 46058Y109 13G Page 10 of 11 Pages
- -------------------------------------- ------------------------------------
</TABLE>
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.
Date: February 12, 1999
By: /s/ William O. Hunt
-----------------------------------------
William O. Hunt
BCG PARTNERSHIP, LTD.
By: /s/ William O. Hunt
-----------------------------------------
William O. Hunt, general partner
B & G PARTNERSHIP, LTD.
By: /s/ William O. Hunt
-----------------------------------------
William O. Hunt, general partner
WILLIAM O. HUNT RETIREMENT TRUST
By: /s/ William O. Hunt
-----------------------------------------
William O. Hunt, trustee
By: /s/ Grace A. Hunt
-----------------------------------------
Grace A. Hunt
<PAGE> 11
<TABLE>
<S> <C> <C> <C>
- -------------------------------------- ------------------------------------
CUSIP No. 46058Y109 13G Page 11 of 11 Pages
- -------------------------------------- ------------------------------------
</TABLE>
Exhibit A
Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the General Rules
and Regulations of the Securities and Exchange Commission under the Securities
Exchange Act of 1934, as amended, the undersigned agree that the statement to
which this Exhibit is attached is filed on behalf of each of them in the
capacities set forth hereinbelow.
Date: February 12, 1999
By: /s/ William O. Hunt
-----------------------------------------
William O. Hunt
BCG PARTNERSHIP, LTD.
By: /s/ William O. Hunt
-----------------------------------------
William O. Hunt, general partner
B & G PARTNERSHIP, LTD.
By: /s/ William O. Hunt
-----------------------------------------
William O. Hunt, general partner
WILLIAM O. HUNT RETIREMENT TRUST
By: /s/ William O. Hunt
-----------------------------------------
William O. Hunt, trustee
By: /s/ Grace A. Hunt
-----------------------------------------
Grace A. Hunt
