UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Larscom Incorporated
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(Name of Issuer)
Class A Common Stock
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(Title of Class of Securities)
51729Y108
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(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
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).
Page 1 of 4 pages
<PAGE>
SCHEDULE 13G
- ---------------------------------- ----------------------------------------
CUSIP No. 51729Y108 Page 2 of 4 Pages
----------- ------- --------
- ---------------------------------- ----------------------------------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Axel Johnson, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
N/A
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 10,000,000
REPORTING ---------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
10,000,000
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,000,000
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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)
55.4%
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12 TYPE OF REPORTING PERSON (See Instructions)
CO
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Page 2 of 4 Pages
<PAGE>
Page 3 of 4 Pages
Item 1
(a) Larscom Incorporated
(b) 4600 Patrick Henry Drive
Santa Clara, CA 95054
Item 2
(a) Axel Johnson Inc.
(b) 300 Atlantic Street, Stamford, Connecticut 06901-3530
(c) Incorporated in Delaware
(d) Class A Common Stock
(e) 51729Y108
Item 3
N/A
Item 4 Ownership
(a) 10,000,000
(b) 55.4%
(c)(i) 0
(ii) 10,000,000
(iii) 0
(iv) 10,000,000
Item 5 Ownership of Five Percent or Less of a Class
N/A
Item 6 Ownership of More than Five Percent on Behalf of Another
Person
Antonia Ax:son Johnson, by virtue of her beneficial ownership of all of
the outstanding shares of Axel Johnson Inc. has the right to receive and the
power to direct the receipt of dividends for, or the proceeds from the sale of
the Class A Common Stock.
Item 7 Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the Parent
Holding Company
N/A
Item 8 Identification and Classification of Members of the
Group
N/A
Item 9 Notice of Dissolution of Group
N/A
Item 10 Certification
N/A
<PAGE>
Page 4 of 4 Pages
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.
February 5, 1997
----------------------------
Date
/s/Paul E. Graf
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Signature
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Paul E. Graf, President & CEO
Name/Title
