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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
ZARING NATIONAL CORPORATION*
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(Name of Issuer)
COMMON SHARES, WITHOUT PAR VALUE
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(Title of Class of Securities)
989136 10 6
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(CUSIP Number)
RONALD G. GRATZ, 11300 CORNELL PARK DRIVE, CINCINNATI, OH 45242
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
MAY 7, 1997
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with the statement o. (A fee is
not required only if the reporting 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.)
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 3d-(a) for other parties to whom copies are to be sent.
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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 on 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).
* On May 8, 1997, the shareholders of Zaring Homes, Inc. approved a
restructuring, effective May 8, 1997, to form a holding company structure
for Zaring Homes, Inc. and adopted a related Agreement and Plan of Merger
resulting in, among other things, the holders of Zaring Homes, Inc. common
shares having their shares converted into common shares of Zaring National
Corporation, the holding company, and Zaring Homes, Inc. becoming a
subsidiary of Zaring National Corporation.
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<TABLE>
<CAPTION>
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CUSIP NO. 989136 10 6 13D PAGE 2 OF 6 PAGES
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<S> <C> <C> <C>
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
ROBERT N. SIBCY ###-##-####
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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 SOURCE OF FUNDS*
BK
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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7 SOLE VOTING POWER
269,500
NUMBER OF -------------------------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH -------------------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
269,500
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
269,500
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.6%
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14 TYPE OF REPORTING PERSON*
IN
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.
Page 2 of 4 Pages
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SCHEDULE 13D
ITEM 1. Common Shares
Zaring National Corporation
11300 Cornell Park Drive
Cincinnati, OH 45242
ITEM 2. a) Robert N. Sibcy
b) 8044 Montgomery Rd., Suite 300
Cincinnati, OH 45236
c) President, Sibcy Cline, Inc.
d) Mr. Sibcy has not been convicted in a criminal proceeding
during the last five years.
e) Mr. Sibcy has not been a party to a civil proceeding during
the last five years.
f) USA
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
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See item 5(c)
ITEM 4. PURPOSE OF TRANSACTION.
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Mr. Sibcy considers his ownership reported herein an investment.
From time to time, Mr. Sibcy may dispose of all or some of the common
shares which he owns. In addition, Mr. Sibcy may acquire additional
common shares through open-market purchases.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
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a) Mr. Sibcy owns 269,500 common shares (representing 5.6% of the
issued and outstanding shares), with respect to which he has
sole voting and dispositive power.
b) See Item 5 a)
c) May 7, 1997 Robert N. Sibcy purchased 5,000 shares at $9.75/
per share or total of $48,750 using a personal line
of credit at PNC Bank.
May 8, 1997 Robert N. Sibcy purchased 5,000 shares at $9.75/
per share or total of $48,750 using a personal line
of credit at PNC Bank.
May 12, 1997 Robert N. Sibcy purchased 20,000 shares at $9.75/
per share or total of $195,000 using a personal line
of credit at PNC Bank.
May 13, 1997 Robert N. Sibcy purchased 1,008 shares at $9.875/
per share or total of $9,954 using a margin account
at Paine-Webber.
d) none
e) N/A
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
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RESPECT TO SECURITIES OF THE ISSUER.
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Mr. Sibcy is the owner of Bramblewood Development, Inc. Bramblewood
Development, Inc. and Zaring Homes, Inc. are partners in Taft Place
Joint Venture, an inactive joint venture.
ITEM 7. EXHIBITS.
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None
CUSIP NO. 989136 10 6
Page 3 of 4 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth herein is true, complete and
correct.
(Company Name)
May 16, 1997
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(Date)
/s/ Robert N. Sibcy
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(Signature)
Robert N. Sibcy, Individual
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(Name/Title)
CUSIP NO.
Page 4 of 4 Pages
