<PAGE> 1
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
MONEYGRAM PAYMENT SYSTEMS, INC.
-------------------------------
(Name of Issuer)
Common Stock, $0.01 par value
------------------------------
(Title of Class of Securities)
60891010
--------------
(CUSIP Number)
April 14, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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).
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1 Name of Reporting Person TRANSAMERICA OCCIDENTAL LIFE
INSURANCE COMPANY
IRS Identification No. of Above Person 95-1060502
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization California
- --------------------------------------------------------------------------------
NUMBER OF 5 Sole Voting Power -0-
SHARES
-----------------------------------------------------
BENEFICIALLY 6 Shared Voting Power -0-
OWNED BY EACH
-----------------------------------------------------
REPORTING 7 Sole Dispositive Power -0-
PERSON WITH
-----------------------------------------------------
8 Shared Dispositive Power -0-
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
- --------------------------------------------------------------------------------
10 Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row 9 0%
- --------------------------------------------------------------------------------
12 Type of Reporting Person HC and IC
- --------------------------------------------------------------------------------
<PAGE> 3
- --------------------------------------------------------------------------------
1 Name of Reporting Person TRANSAMERICA LIFE INSURANCE AND
ANNUITY COMPANY
IRS Identification No. of Above Person 95-6140222
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization California
- --------------------------------------------------------------------------------
NUMBER OF 5 Sole Voting Power -0-
SHARES
-----------------------------------------------------
BENEFICIALLY 6 Shared Voting Power -0-
OWNED BY EACH
-----------------------------------------------------
REPORTING 7 Sole Dispositive Power -0-
PERSON WITH
-----------------------------------------------------
8 Shared Dispositive Power -0-
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
- --------------------------------------------------------------------------------
10 Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row 9 0%
- --------------------------------------------------------------------------------
12 Type of Reporting Person IC
- --------------------------------------------------------------------------------
<PAGE> 4
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1 Name of Reporting Person TRANSAMERICA INSURANCE CORPORATION
OF CALIFORNIA
IRS Identification No. of Above Person 95-2634355
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2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization California
- --------------------------------------------------------------------------------
NUMBER OF 5 Sole Voting Power -0-
SHARES
-----------------------------------------------------
BENEFICIALLY 6 Shared Voting Power -0-
OWNED BY EACH
-----------------------------------------------------
REPORTING 7 Sole Dispositive Power -0-
PERSON WITH
-----------------------------------------------------
8 Shared Dispositive Power -0-
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
- --------------------------------------------------------------------------------
10 Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row 9 0%
- --------------------------------------------------------------------------------
12 Type of Reporting Person HC and IC
- --------------------------------------------------------------------------------
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1 Name of Reporting Person TRANSAMERICA INVESTMENT SERVICES, INC.
IRS Identification No. of Above Person 94-1632699
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2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 Sole Voting Power -0-
SHARES
-----------------------------------------------------
BENEFICIALLY 6 Shared Voting Power -0-
OWNED BY EACH
-----------------------------------------------------
REPORTING 7 Sole Dispositive Power -0-
PERSON WITH
-----------------------------------------------------
8 Shared Dispositive Power -0-
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
- --------------------------------------------------------------------------------
10 Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row 9 0%
- --------------------------------------------------------------------------------
12 Type of Reporting Person IA
- --------------------------------------------------------------------------------
<PAGE> 6
Item 1(a). Name of Issuer.
Moneygram Payment Systems, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
7401 West Mansfield Avenue, Lakewood, Colorado 80235.
Item 2(a). Name of Person Filing.
This statement is filed by Transamerica Occidental Life Insurance
Company ("Occidental"), the parent of Transamerica Life Insurance and Annuity
Company ("TALIAC"); TALIAC; Transamerica Insurance Corporation of California
("TICC"), the parent of Occidental and indirect parent of TALIAC; and
Transamerica Investment Services, Inc. ("TIS") (collectively, the "Companies").
Item 2(b). Address of Principal Business Office or, if none, Residence.
The address of each of the Companies is 1150 South Olive Street,
Los Angeles, California 90015.
Item 2(c). Citizenship.
Occidental and TICC are California corporations. TALIAC is a
North Carolina corporation and TIS is a Delaware corporation.
Item 2(d). Title of Class of Securities.
Common Stock, $0.01 par value ("Common Stock").
Item 2(e). CUSIP Number.
60891010
Item 3. Type of Reporting Person.
Each of the Companies is filing this statement pursuant to Rule
13d-1(b) and Rule 13d-2(b). TALIAC is an insurance company as defined in Section
3(a)(19) of the Securities Exchange Act of 1934; Occidental and TICC are
insurance companies as defined in Section 3(a)(19) of the Securities Exchange
Act of 1934 and parent holding companies in accordance with Rule
13d-1(b)(1)(ii)(G). TIS is an investment adviser registered under Section 203 of
the Investment Advisers Act of 1940.
Item 4. Ownership.
Reference is hereby made to Items 5-9 and 11 of each of the cover
pages to this statement, which items are incorporated by reference herein.
Item 5. Ownership of Five Percent or Less of a Class. [x]
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Not applicable.
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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.
<PAGE> 8
Signature
After reasonable inquiry and to the best of their knowledge and
belief, the undersigned certify that the information set forth in this statement
is true, complete and correct.
April 30, 1998
TRANSAMERICA OCCIDENTAL LIFE
INSURANCE COMPANY
By /s/ Richard N. Latzer
------------------------------
Richard N. Latzer
Chief Investment Officer
TRANSAMERICA LIFE INSURANCE AND
ANNUITY COMPANY
By /s/ Richard N. Latzer
------------------------------
Richard N. Latzer
Chief Investment Officer
TRANSAMERICA INSURANCE CORPORATION
OF CALIFORNIA
By /s/ Richard N. Latzer
------------------------------
Richard N. Latzer
Senior Vice President, Transamerica
Corporation
Its Attorney-in-Fact
TRANSAMERICA INVESTMENT SERVICES, INC.
By /s/ Richard N. Latzer
------------------------------
Richard N. Latzer
President and Chief Executive Officer
<PAGE> 9
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of
1934, the undersigned, Transamerica Occidental Life Insurance Company, a
California corporation, Transamerica Life Insurance and Annuity Company, a
California corporation, Transamerica Insurance Corporation of California, a
California corporation, and Transamerica Investment Services, Inc., a Delaware
corporation, and each of them, hereby agree that the statement on Schedule 13G
dated April 30, 1998, and any amendments thereto, are filed on behalf of each of
them.
April 30, 1998
TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY
By /s/ Richard N. Latzer
------------------------------
Richard N. Latzer
Chief Investment Officer
TRANSAMERICA LIFE INSURANCE AND ANNUITY COMPANY
By /s/ Richard N. Latzer
------------------------------
Richard N. Latzer
Chief Investment Officer
TRANSAMERICA INSURANCE CORPORATION
OF CALIFORNIA
By /s/ Richard N. Latzer
------------------------------
Richard N. Latzer
Senior Vice President, Transamerica
Corporation
Its Attorney-in-Fact
TRANSAMERICA INVESTMENT SERVICES, INC.
By /s/ Richard N. Latzer
------------------------------
Richard N. Latzer
President and Chief Executive Officer
