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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 16)*
TRW Inc.
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(Name of Issuer)
TRW Common Stock
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(Title of Class of Securities)
872649-10-8
--------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement ______. (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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).
(Continued on following page(s))
Page 1 of 6 Pages
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CUSIP No. 872649-10-8 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The TRW Employee Stock Ownership and Stock Savings Plan (the "Plan")
IRS No. 13-6260058
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ______
(b) ______
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
The Plan was established by TRW Inc., an Ohio Corporation, for the benefit
of its employees and employees of certain of its subsidiaries. Both U.S.
and non-U.S. citizens may participate in the Plan.
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 10,008,158 (see footnotes (1) and (2) to Item 4)
EACH -------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0
WITH -------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
10,008,158
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,008,158
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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
15.5%
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12 TYPE OF REPORTING PERSON*
EP
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*SEE INSTRUCTION BEFORE FILLING OUT!
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ITEM 1(a). NAME OF ISSUER:
TRW Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1900 Richmond Road
Cleveland, Ohio 44124
ITEM 2(a). NAME OF PERSON FILING:
The TRW Employee Stock Ownership and Stock Savings Plan
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
1900 Richmond Road
Cleveland, Ohio 44124
ITEM 2(c). CITIZENSHIP:
The Plan was established by TRW Inc., an Ohio corporation, for
the benefit of its employees and employees of certain of its
subsidiaries. Both U.S. and non-U.S. citizens may participate in
the Plan.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
TRW Common Stock, $0.625 par value (hereinafter referred to as
"TRW Common")
ITEM 2(e). CUSIP NUMBER:
872649-10-8
ITEM 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in section 3(a)(19) of the
Act
(d) [ ] Investment Company registered under section 8 of the
Investment Company Act
(e) [ ] Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) [X] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see Section
240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with Section
240.13d-1(b)(1)(ii)(H)
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ITEM 4. OWNERSHIP:
If the percent of the class owned, as of December 31 of the year
covered by the statement, or as of the last day of any month
described in Rule 13d-1(b)(2), if applicable, exceeds five
percent, provide the following information as of that date and
identify those shares which there is a right to acquire.
(a) Amount Beneficially Owned:
10,008,158 as of December 31, 1993
(b) Percent of Class:
15.5% as of December 31, 1993
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
10,008,158 (1)
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose or to direct the
disposition of: 10,008,158 (2)
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(1) Pursuant to the Plan, before each annual or special meeting of the
shareholders of TRW Inc, each plan participant with an account balance in
the TRW Stock Fund (an investment fund within the Plan consisting solely of
TRW Common) is sent a copy of the proxy solicitation material. In addition,
each participant is sent forms for advising the three individual
co-trustees for the TRW Stock Fund (the "Co-Trustees") how to vote the
shares of TRW Common held for the participant's account. Upon receipt of
instructions from each Plan participant, the Co-Trustees vote the shares as
instructed. The Co-Trustees have the right to vote, at their discretion,
the shares of TRW Common for which no voting instructions are received
from participants.
(2) Pursuant to the Plan, participants may make contributions to one or more
of five investment funds, including the TRW Stock Fund. Company
contributions to the Plan are made exclusively to the TRW Stock Fund.
Subject to certain restrictions, a participant may elect to withdraw the
value of his or her account in the Plan, including that portion of his or
her account in the TRW Stock Fund. Withdrawals from the TRW Stock Fund are
currently paid in whole shares. Transfer funds from one investment fund
under the Plan to another fund may occur twice a month. Such elections
might have the effect of requiring the Plan to dispose of shares and to
use the proceeds therefrom to fund such transfer. In the case of a tender
offer for TRW Common, the Co-Trustees will tender or not tender the shares
held for participants' accounts in accordance with directions received
from participants; provided, however that (i) the Co-Trustees will not
tender shares for which no valid directions are received from Plan
participants; and (ii) directors and certain officers of TRW do not have
the right to direct the Co-Trustees as to whether shares of TRW Common
attributable to their accounts should be tendered.
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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 [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
The Plan is a combined profit-sharing and employee stock
ownership plan within the meaning of Section 4975(e) of the Internal Revenue
Code. That part of the Plan comprised of a fund in which Company contributions
are invested in TRW Common is an employee stock ownership plan ("ESOP"), while
the remaining funds form a profit-sharing plan. All shares of TRW Common held
by the Plan are held for the benefit of participants. Dividends paid in respect
of shares held by the Plan are credited to the account of the participants
except that dividends paid to the Plan on shares of TRW Common held by the ESOP
are either paid at the end of each year in cash to Plan participants or, at the
Company's discretion, used to repay any ESOP Loan (in which case participants'
accounts will be credited with an equivalent amount of TRW Common).
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:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course
of business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes or effect.
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SIGNATURES
After reasonable inquiry and to the best of my information and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: January 28, 1994
THE TRW EMPLOYEE
STOCK OWNERSHIP AND STOCK
SAVINGS PLAN
By: Board of Administration
By: /s/ John E. Lanz, Jr.
--------------------------
John E. Lanz, Jr.
Member - Board of
Administration
