SOUTHWEST WATER CO
4, 1998-06-22
WATER SUPPLY
Previous: SOUTHERN CO, 424B4, 1998-06-22
Next: SOUTHWESTERN ELECTRIC POWER CO, 8-K, 1998-06-22



UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   NEWMAN, RICHARD G.
   AECOM Technology Corporation
   3250 Wilshire Boulevard, 5th Floor
   Los Angeles, CA  90010
2. Issuer Name and Ticker or Trading Symbol
   SOUTHWEST WATER COMPANY
   SWWC
3. IRS or Social Security Number of Reporting Person (Voluntary)
   
4. Statement for Month/Year
   June 30, 1998
5. If Amendment, Date of Original (Month/Year)
   June 5, 1998
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
   (specify below)
   
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Common Stock, $0.01 par val|      |    | |                  |   |           |10,277   */8       |D     |Jt. Ten. /1                |
ue                         |      |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
Stock Option (Right to|$11.72  |03/11|A   | |1,653      |A  |/2   |03/12|Common Stock|1,653  |       |1,653       |D  |            |
 Buy)                 |        |/91  |    | |           |   |     |/01  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Right to|$7.37   |03/28|A   | |793        |A  |/3   |03/29|Common Stock|793    |       |793         |D  |            |
 Buy)                 |        |/94  |    | |           |   |     |/04  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Right to|$6.42   |05/15|A   | |793        |A  |/4   |05/16|Common Stock|793    |       |793         |D  |            |
 Buy)                 |        |/95  |    | |           |   |     |/05  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Right to|$9.03   |02/08|A   | |1,386      |A  |/5   |02/09|Common Stock|1,386  |       |1,386       |D  |            |
 Buy)                 |        |/96  |    | |           |   |     |/06  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Right to|$11.90  |05/22|A   | |1,260      |A  |/6   |05/23|Common Stock|1,260  |       |1,260       |D  |            |
 Buy)                 |        |/97  |    | |           |   |     |/07  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Right to|$16.125 |05/28|A   | |1,260      |A  |/7   |05/29|Common Stock|1,260  |       |1,260       |D  |            |
 Buy)                 |        |/98  |    | |           |   |     |/08  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
/1, /2, /3, /4 , /5 and /6 adjusted for stock dividends on 01/02/96, 01/02/97 
and 01/02/98.
/2 Exercisable @ 1/5 a year beginning 03/11/92.  /3 Exercisable @ 1/5 a year 
beginning 03/28/95.  /4 Exercisable @ 1/5 a year beginning 05/15/96.
/5 Exercisable @ 1/5 a year beginning 02/08/97. /6 Granted under SWWC's Stock 
Option Plan for Non-Employee Directors.  Exercisable @ 1/2 a year 
beginning 05/22/98.  /7 Granted under SWWC's Stock Option Plan for Non-Employee 
Directors.  Exercisable @ 1/2 a year beginning 05/29/99.
**NOTE /8 - This revised Form 4 is to correct the total number of shares owned 
beneficially by Mr. Newman, which was reported
incorrectly on the June 5, 1998 form, and includes shares held in a dividend 
reinvestment plan.
SIGNATURE OF REPORTING PERSON
 /s/ Richard G. Newman
DATE
June 19, 1998



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission