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Previous: AMERICAN COMMUNICATIONS SERVICES INC, 5, 1996-08-15 |
Next: FIRST OMAHA FUNDS INC, 497J, 1996-08-15 |
<PAGE>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
<square>Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations
may continue. SEE Instruction 1(b).
<square>Form 3 Holdings Reported
<square>Form 4 Transactions Reported
Filed pursuant to Section 16(a) of the Securities 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>
<CAPTION>
1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Issuer
(Check all applicable)
TRONSRUE, III GEORGE M. AMERICAN COMMUNICATIONS SERVICES INC.
(ACNS) _______ Director ______ 10% Owner
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
(Last) (First) (Middle) 3. IRS or Social 4. Statement for ___X___ Officer ______ Other
Security Number of Month/Year (give title below)
c/o American Communications Services, Inc. Reporting Person (specify below)
131 National Business Parkway (Voluntary) June 30, 1996
EXECUTIVE VICE PRESIDENT, BUSINESS
DEVELOPMENT
(Street) 5. If Amendment,
Date of Original
Annapolis Junction, MD 20701 (Month/Year)
(City) (State) (Zip)
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired 5. Amount of 6. Owner- 7. Nature of
(Instr. 3) action action (A) or Disposed of Securities ship Indirect
Date Code (D) Beneficially Form: Beneficial
(Month/ (Instr. (Instr. 3, 4 and 5) Owned at End Direct Ownership
Day/ 8) of Issuer's (D) or (Instr.
Year) Fiscal Year Indirect 4)
(Instr. 3 (I)
and 4) (Instr.
4)
Amount (A) or Price
(D)
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Over)
<PAGE>
TABLE II - DERIVATIVE SECURITIES ACQUIRED,
DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., puts, calls, warrants,
options, convertible securities)
<TABLE>
<CAPTION>
1. Title of Derivative 2.Conver3.Trans-4.Transac-5.Number of6.Date 7.Title and Amount 8.Price9.Number10. 11. Na-
Security sion action tion Deriv- Exercisableof Under-lying of of Owner- ture
(Instru. 3) or Date Code ative and Securities (Instr. Deriv-Deriv- ship of In-
Exercise(Month/Day/(Instr.SecuritiesExpiration3 and 4) ative ative of De- direct
Price Year)8) Ac- Date Secur-Secur- Bene-
of quired (A) (Month/Day/ ity ities rivative ficial
Deriv- or Disposed Year) (Instr.Bene- Own-
ative of (D) 5) ficially Security: ership
Security (Instr. 3, Owned Direct (Instr. 4)
4, and 5) at (D)
End of or In-
Year Direct
(Instr.
4) (I)(Instr.
4)
<S> <C> <C> <C><C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
(A) (D) Date Expira- Title Amount
Exer- tion or
cisableDate Number
of
Shares
STOCK
OPTION (RIGHT TO BUY) $3.40 7/6/95 T 50,000 + + Common Stock 50,000 $3.40 50,000 D --
</TABLE>
Explanation of Responses:
+ The option vests and becomes exercisable as to 25,000 shares on February
23, 1998 and as to the remaining 25,000 shares on February 23, 1999 and
expires five years after the relevant vesting date.
/s/ GEORGE M. TRONSRUE 8/15/96
**Signature of Reporting Person Date
** Intentional 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.
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