UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
TERA COMPUTER COMPANY
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
88076P-10-8
------------------------------
(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 4 pages
<PAGE>
SCHEDULE 13G
------------
CUSIP No. 88076P-10-8 Page 2 of 4 Pages
-----------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ALAN O. MAXWELL
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3) SEC USE ONLY _____________________________________________________________
4) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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5) SOLE VOTING POWER
NUMBER OF 94,998
--------------------------------------------------
SHARES
6) SHARED VOTING POWER
BENEFICIALLY
125,136
OWNED BY --------------------------------------------------
EACH 7) SOLE DISPOSITIVE POWER
REPORTING 94,998
--------------------------------------------------
PERSON
8) SHARED DISPOSITIVE POWER
WITH
125,136
--------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
220,134
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10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
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11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.3%
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12) TYPE OF REPORTING PERSON*
IN
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Page 2 of 4 Pages
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Schedule 13G
------------
Item 1(a): Name of Issuer:
- --------------------------
Tera Computer Company
Item 1(b): Address of Issuer's Principal Executive Offices:
- -----------------------------------------------------------
2815 Eastlake Avenue East
Seattle, WA 98102
Item 2(a): Name of Person Filing:
- ---------------------------------
Alan O. Maxwell
Item 2(b): Address of Principal Business Office:
- ------------------------------------------------
P.O. Box 1-U
Eugene, OR 97440
Item 2(c): Citizenship:
- -----------------------
U.S.A.
Item 2(d): Title of Class of Securities:
- ----------------------------------------
Common Stock
Item 2(e): CUSIP Number:
- ------------------------
88076P-10-8
Item 3: Type of Reporting Person:
- ---------------------------------
Not applicable.
Item 4: Ownership:
- ------------------
As of December 31, 1997, the reporting person was the beneficial owner of,
and had the sole power to vote and to direct the disposition of, 94,998 shares
of common stock. In addition, the reporting person was the beneficial owner as
joint tenant with his spouse, and had the shared power to vote and to direct the
disposition of, 125,136 shares of common stock. In the aggregate, the reporting
person beneficially owns 220,134 shares of common stock, or 2.3% of the
outstanding shares of the Issuer's common stock.
Page 3 of 4 pages
<PAGE>
Reporting Person expressly disclaims beneficial ownership of 34,536 shares
of common stock beneficially owned by Carrol W. Maxwell, his spouse.
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.
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.
February 14, 1997
ALAN O. MAXWELL
-----------------------------------------
Alan O. Maxwell
Page 4 of 4 pages
