TWIN DISC INC
SC 13G/A, 2000-02-14
GENERAL INDUSTRIAL MACHINERY & EQUIPMENT
Previous: TWIN DISC INC, SC 13G, 2000-02-14
Next: TWIN DISC INC, SC 13G/A, 2000-02-14



<PAGE>   1




                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1 )
                                             ---

                             Twin Disc, Incorporated
                             -----------------------
                                (Name of Issuer)

                                     Common
                                     ------
                         (Title of Class of Securities)

                                    901476101
                                    ---------
                                 (CUSIP Number)



                                December 31, 1999
                                -----------------
             (Date of Event which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

         (X)    Rule 13d-1(b)

         ( )    Rule 13d (c)

         ( )    Rule 13d-1(d)




<PAGE>   2
CUSIP NO. 901476101                                                  Page 2 of 6


(1)    Names of Reporting Persons SS or IRS Identification Nos. of Above Persons

       a.  Wachovia Corporation                        56-1473727
       b.  Wachovia Bank, National Association         56-0927594

(2)    Check the Appropriate Box if a Member of a Group (see Instructions)

       a.  ( )
       b.  ( )

(3)    SEC USE ONLY

(4)    Citizenship or Place of Organization

       a.  Wachovia Corporation                        North Carolina
       b.  Wachovia Bank, National Association         United States

                     (5)        Sole Voting Power                 132,200
Beneficially
Owned by Each        (6)        Shared Voting Power                     0
Reporting Person
With                 (7)        Sole Dispositive Power            132,200

                     (8)        Shared Dispositive Power                0

(9)    Aggregate amount Beneficially Owned by Each
       Reporting Person                                132,200

(10)   Check if Aggregate Amount in Row 9 Excludes Certain Shares
       (see Instructions)                           ( )

(11)   Percent of Class Represented by Amount in
       Row 9                                        4.66%

(12)   Type of Reporting Persons (see Instructions)

       a.  Wachovia Corporation                     HC
       c.  Wachovia Bank, National Association      BK






<PAGE>   3
CUSIP No. 901476101                                                  Page 3 of 6


ITEM 1(a)         NAME OF ISSUER:

                  Twin Disc, Incorporated

ITEM 1(b)         ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                  1328 Racine Street
                  Racine, WI 53403

ITEM 2(a)         NAME OF PERSONS FILING:

                  Wachovia Corporation; and Wachovia Bank, National Association

ITEM 2(b)         ADDRESS OF PRINCIPAL BUSINESS OFFICE:

                  Wachovia Corporation
                  100 North Main Street
                  Winston-Salem, North Carolina 27104

                  Wachovia Bank, National Association
                  100 North Main Street
                  Winston-Salem, North Carolina 27104

ITEM 2(c)         CITIZENSHIP:

                  Wachovia Corporation                        North Carolina
                  Wachovia Bank, National Association         United States

ITEM 2(d)         TITLE OF CLASS OF SECURITIES:

                  Common

ITEM 2(e)         CUSIP NUMBER:

                  901476101


<PAGE>   4

CUSIP No. 901476101                                                  Page 4 of 6

ITEM  3     IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1 (B), OR 13D-3 (B)
            CHECK WHETHER THE PERSON FILING IS A:

            (a)  ( )  Broker or Dealer registered under Section 15 of
                      the Act,

            (b)  (X)  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 Advisor registered under Section 203 of the
                      Investment Advisor Act of 1940,

            (f)  ( )  Employee Benefit Plan Pension Fund which is subject to the
                      provisions of the Employee Retirement Income Security Act
                      of 1974 or Endowment Fund.

            (g)  (x)  Parent holding Company, in accordance with 240.13d-1 (b)
                      (ii) (G), (Wachovia Corporation)

            (h)  ( )  Group, in accordance with Rule 13d-1 (b) (1) (ii) (H)

ITEM 4      OWNERSHIP:

            The following information is as of December 31, 1999:

            (a)  Amount Beneficially Owned:                        132,000

            (b)  Percent of Class:                                    4.66%

            (c)  Number of Shares as to which such person has:

                 (i)    Sole power to vote or to direct the vote   132,000
                 (ii)   Shared power to vote or to direct the vote       0
                 (iii)  Sole power to dispose or to direct the
                        disposition of                             132,000
                 (iv)   Shared power to dispose or to direct the
                        disposition of                                   0

ITEM 5      OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

                YES

ITEM 6      OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
            PERSON:

                N/A







<PAGE>   5

CUSIP No. 901476101                                                  Page 5 of 6


ITEM 7      IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
            THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:

            Included are the following subsidiaries of Wachovia
            Corporation - HC:

            Wachovia Bank, National Association - BK (wholly owned subsidiary of
            Wachovia Corporation)

ITEM 8      IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

                   N/A

ITEM 9      NOTICE OF DISSOLUTION OF GROUP.

                   N/A


<PAGE>   6

CUSIP No. 901476101                                                  Page 6 of 6

ITEM 10           CERTIFICATION:

                           By signing below, I certify that, to the best of my
                  knowledge and belief, the securities referred to above 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.

                                    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.

Date:    February 10, 2000

For:     WACHOVIA CORPORATION


         By: /s/ WILLIAM M. WATSON, JR.
            -----------------------------------
            William M. Watson, Jr.
            Senior Vice President, Counsel and Secretary



For:     WACHOVIA BANK, NATIONAL ASSOCIATION


         By: /s/ WILLIAM M. WATSON, JR.
            ----------------------------------
            William M. Watson, Jr.
            Senior Vice President, Counsel and Secretary

              AN AGREEMENT TO FILE A JOINT STATEMENT WAS PREVIOUSLY
                      FILED AS EXHIBIT A IN INITIAL FILING.




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission