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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: December 31, 2001
- -------- Estimated average burden
hours per response.... 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange 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
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Statement Trading Symbol of Original
Le Groupe Videotron Ltee (Month/Day/Year) OpTel, Inc (OTEL) (Month/Day/Year)
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(Last) (First) (Middle) 5/19/99 5. Relationship of Reporting -----------------------
300 Viger Avenue East ---------------------------- Person(s) to Issuer 7. Individual or Joint/
- ---------------------------------------- 3. I.R.S. Identification (Check all applicable) Group Filing (Check
(Street) Number of Reporting Director X 10% Owner Applicable Line)
Person, if an entity ----- ----- Form filed by
Montreal, Quebec H2X 3W4 (voluntary) Officer Other (specify --- One Reporting
- -------------------------------------- ----- ----- below) Person
(City) (State) (Zip) ---------------------------- (give title below) X Form filed by
--- More than One
------------------------------ Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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Class A Common Stock 349,559 I (1)
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Class B Common Stock 9,268,236 I (1)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, see Instruction 5(b)(v). SEC 1473 (3-99)
Page 1 of 3
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTIONS OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS
A CURRENTLY VALID OMB CONTROL NUMBER.
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<TABLE>
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Series A Preferred Stock 8/29/99 N/A Class B Common Stock 9,767,532(2) 16.00(3) I (1)
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Explanation of Responses:
(1) These shares are owned directly by VPC Corporation, a ten percent owner of the Issuer, and indirectly by Le Groupe Videotron
Ltee, the indirect parent of VPC Corporation.
(2) Based upon an assumed initial public offering price of $16.00 per share.
(3) Assumed initial public offering price.
/s/ FRANCOIS RAMSAY May 18, 1999
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- -------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Francois Ramsay
Note. File three copies of this Form, one of which must be manually signed. as Vice President of Page 2 of 3
If space is insufficient, See Instruction 6 for procedure. Le Group Vidertron Ltee SEC 1473 (3-99)
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Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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JOINT FILER INFORMATION
Name: VPC CORPORATION
Address: 300 VIGER AVENUE EAST
MONTREAL, QUEBEC H2X 3W4
CANADA
Designated Filer: LE GROUPE VIDEOTRON LTEE
Issuer & Ticker Symbol: OPTEL, INC. (OTEL)
Date of Event
Requiring Statement:
Signature: /s/ JAYNE L. STOWELL
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Jayne L. Stowell
as Director
of VPC CORPORATION
