SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 30, 1998
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GOVERNMENT TECHNOLOGY SERVICES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-19394 54-1248422
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(State or other (Commission (IRS Employer
jurisdiction of File Identification
incorporation) Number) Number)
4100 Lafayette Center Drive, Chantilly, Virginia 20151-1200
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 703-502-2000
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Item 1. Changes in Control of Registrant
Not Applicable.
Item 2. Acquisition or Disposition of Assets
Not Applicable.
Item 3. Bankruptcy or Receivership
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant
Not Applicable.
Item 5. Other Events
On July 30, 1998, Government Technology Services, Inc. ("GTSI") issued
a press release announcing that Chip Lacy had acquired an 11.2% stake in
GTSI Common Stock through a private purchase from BTG, Inc. of 1,100,000
shares of GTSI Common Stock acquired by BTG in the sale of its product
reseller division to GTSI in February 1988. As part of the transaction,
Mr. Lacy signed a Standstill Agreement with GTSI. For additional information,
please see the attached press release.
Item 6. Resignation of Registrant's Directors
Not Applicable.
Item 7. Financial Statements and Exhibits
(c) Exhibits
10.40 Standstill Agreement between the Registrant and Linwood
A. ("Chip") Lacy, Jr. dated July 29, 1998.
99 Press release dated July 30, 1998.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
Date: August 5, 1998
GOVERNMENT TECHNOLOGY SERVICES, INC.
By: /s/ STEPHEN L. WAECHTER
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Stephen L. Waechter
Senior Vice President and
Chief Financial Officer
INDEX TO EXHIBITS
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EXHIBIT |
NUMBER | DESCRIPTION
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10.40 | Standstill Agreement between the Registrant and Linwood A.
("Chip") Lacy, Jr. dated July 29, 1998
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99 | Press release dated July 30, 1998
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