WAVE TECHNOLOGIES INTERNATIONAL INC
SC 13G/A, 1998-02-11
MANAGEMENT SERVICES
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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549


                                  SCHEDULE 13G



                   Under the Securities Exchange Act of 1934
                               (Amendment No. 3)*


                     Wave Technologies International, Inc.
                     -------------------------------------
                                (Name of Issuer)

                         Common Stock, Par Value $.50
                      ------------------------------------
                         (Title of Class of Securities)

                                  94352Q-10-9
                                  -----------
                                 (CUSIP Number)

*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 5 pages
<PAGE>
 
 
- -----------------------                                  ---------------------
 CUSIP NO.  94352Q-10-9               13G                  PAGE 2 OF 5 PAGES
- -----------------------                                  ---------------------
                                                 
- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
                                                                                
      Charles J. Koucky
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
 2                                                              (a) [_]
      Not Applicable                                            (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4                                 
      United States

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5                                                       
     NUMBER OF            194,908
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6       
                          0
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7       
    REPORTING             194,908
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8       
                          0
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9                           
      194,908 (5,000 shares through Charles J. Koucky P.C. Profit Sharing 
      Pension Trust)
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
      (see instructions)
10           
      Not Applicable
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11           
      4.9%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON (see instructions)
12           
      IN

- ------------------------------------------------------------------------------

<PAGE>
 
 
CUSIP No. 94352Q-10-9
                                                     
                                 SCHEDULE 13G
                                 ------------

                PURSUANT TO THE SECURITIES EXCHANGE ACT OF 1934
                -----------------------------------------------




Item 1(a).     Name of Issuer:

               Wave Technologies International, Inc.

Item 1(b).     Address of Issuer's Principal Executive Offices:

               10845 Olive Boulevard, Suite 250
               St. Louis, Missouri 63141

Item 2(a).     Name of Person Filing:

               Charles J. Koucky

Item 2(b).     Address of Principal Business Office, or, if none, Residence:

               14 Center Woods
               Saginaw, MI 48603

Item 2(c).     Citizenship:

               United States

Item 2(d).     Title of Class of Securities:

               Common Stock, $.50 par value

Item 2(e).     CUSIP Number:

               94352Q-10-9

Item 3.        If this statement is filed pursuant to Rule 13d-1(b), or 
               13d-2(d), check whether the person filing is a:

               (a)  [_]  Broker or Dealer registered under Section 15 of the Act
           
               (b)  [_]  Bank as defined in section 3(a)(6) of the Act

               (c)  [_]  Insurance Company as defined in section 3(a)(19) of the
                         Act

                               Page 3 of 5 pages
<PAGE>
 
CUSIP No. 94352Q-10-9


               (d)  [_]  Investment Company registered under section 8 of the
                         Investment Company Act
           
               (e)  [_]  Investment Adviser registered under section 203 of the
                         Investment Advisers Act of 1940

               (f)  [_]  Employee Benefit Plan, Pension Fund which is subject to
                         the provisions of the Employee Retirement Income 
                         Security Act of 1974 or Endowment Fund; see 
                         (S)240.13d-1(b)(1)(ii)(F)

               (g)  [_]  Parent Holding Company, in accordance with 
                         (S)240.13d-1(b)(ii)(G) (Note: See Item 7)

               (h)  [_]  Group, in accordance with (S)240.13d-1(b)(i)(ii)(H)

Item 4.        Ownership.

               (a) Amount Beneficially Owned:  194,908

               (b)  Percent of Class: 4.9%

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

                    (i)   sole power to vote or to direct the vote: 194,908 

                    (ii)  shared power to vote or to direct the vote: 0 

                    (iii) sole power to dispose or to direct the disposition
                          of: 194,908

                    (iv)  shared power to dispose or to direct the disposition
                          of: 0

Item 5.        Ownership of Five Percent or Less of a Class.

               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 [X].

Item 6.        Ownership of More than Five Percent on Behalf of Another Person.

               Not Applicable.


                               Page 4 of 5 pages
<PAGE>
 

CUSIP No. 94352Q-10-9



Item 7.        Identification and Classification of the Subsidiary Which
               Acquired the Security Being Reported on by the Parent Holding
               Company.
 
               Not Applicable.

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.




                                   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. 



                                                         2-12-98    
                                           -------------------------------------
                                                   /s/ Charles J. Koucky
                                           -------------------------------------
                                                       Charles J. Koucky


                               Page 5 of 5 pages


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