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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
- -------- Estimated average burden
hours per response .... 0.5
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U.S. 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>
(Print or Type Responses)
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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
LEE, WILLIAM I. (Month/Day/Year) TOREADOR ROYALTY CORPORATION (Month/Day/Year)
- ---------------------------------------- (NASDAQ: TRGL) 7/31/98
(Last) (First) (Middle) 07/23/98 -----------------------
530 PRESTON COMMONS WEST ---------------------------- ------------------------------------7. Individual or Joint/
8117 PRESTON ROAD 3. I.R.S. Identification 5. Relationship of Reporting Group Filing (Check
- ---------------------------------------- Number of Reporting Person(s) to Issuer Applicable Line)
(Street) Person, if an entity (Check all applicable) X Form filed by
DALLAS TX 75225 (voluntary) X Director 10% Owner --- One Reporting
- -------------------------------------- ----- ----- Person
(City) (State) (Zip) ---------------------------- Officer Other (specify Form filed by
----- ----- below) --- More than One
(give title below) 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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COMMON STOCK 74,200 D NONE
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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 (7-96)
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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/Year) (Instr. 4) Price of Deriv-
Deriv- ative
ative Security:
Security Direct (D)
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Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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NONE N/A N/A N/A N/A N/A N/A N/A
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Explanation of Responses:
N/A
WILLIAM I. LEE
/s/ WILLIAM I. LEE 8/10/98
**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
By: William I. Lee
Note: File three copies of this Form, one of which must be manually signed. Director
If space provided is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained Page 2
in this form are not required to respond unless the form displays a currently SEC 1473 (7-96)
valid OMB Number.
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