STONERIDGE INC
SC 13G/A, 1999-02-09
MOTOR VEHICLE PARTS & ACCESSORIES
Previous: STONERIDGE INC, SC 13G/A, 1999-02-09
Next: CREDITRUST CORP, SC 13G, 1999-02-09



<PAGE>
 
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                              --------------------

                                  SCHEDULE 13G

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



                                STONERIDGE, INC.
                                (Name of Issuer)

                        Common Shares, without par value
                         (Title of Class of Securities)

                                  86183 P 10 2
                                 (CUSIP Number)

                                December 31, 1998
             (Date of Event Which Requires Filing of this Statement)

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


                                [ ] Rule 13d-1(b)

                                [ ] Rule 13d-1(c)

                                [x] Rule 13d-1(d)
                                ----------------





- ------------------------

     1 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 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>
 
- ------------------------------------            --------------------------------
                                       13G
 CUSIP No.  86183 P 10 2                             Page 2 of 5 Pages
- ------------------------------------            --------------------------------


- --------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS

   I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)      D. M. Draime
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (a)
                                                      (b)
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OR ORGANIZATION              U.S.A.
- --------------------------------------------------------------------------------
      NUMBER OF     5.  SOLE VOTING POWER            5,616,172
       SHARES       ------------------------------------------------------------
    BENEFICIALLY    6.  SHARED VOTING POWER          -0-
     OWNED BY       ------------------------------------------------------------
       EACH         7.  SOLE DISPOSITIVE POWER       5,616,172
    REPORTING       ------------------------------------------------------------
   PERSON WITH      8.  SHARED DISPOSITIVE POWER     -0-
- --------------------------------------------------------------------------------
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON      5,616,172
- --------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

     CERTAIN SHARES*                                        [ ]
- --------------------------------------------------------------------------------
11.  PERCENTAGE OF CLASS REPRESENTED BY AMOUNT IN ROW 9                  25.1%
- --------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*                      IN
- --------------------------------------------------------------------------------



                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
 
                                                       -------------------------
                                                        Page 3 of 5 Pages
                                                       -------------------------


Item 1(a).        Name of Issuer:

                  Stoneridge, Inc.

Item 1(b).        Address of Issuer's Principal Executive Offices:

                  9400 East Market Street, Warren, Ohio 44484

Item 2(a).        Name of Person Filing:

                  D. M. Draime

Item 2(b).        Address of Principal Business Office or, if None, Residence:

                  9400 East Market Street, Warren, Ohio  44484

Item 2(c).        Citizenship:

                  U.S.A.

Item 2(d).        Title of Class of Securities:

                  Common Shares, without par value ("Common Shares")

Item 2(e).        CUSIP Number:

                  86183 P 10 2

Item 3.  If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b)
         or (c), check whether the person filing is a:

                  Not applicable

                  If this statement is filed pursuant to Rule 13d-1(c),
                  check this box.       [ ]

Item 4.  Ownership.

         (a)      Amount beneficially owned:

                  As of December 31, 1998, D. M. Draime beneficially owned
                  5,616,172 Common Shares, all of which are held in trust for
                  the benefit of D. M. Draime of which D.M. Draime is trustee.

         (b)      Percent of class:

                  25.1%
<PAGE>
 
                                                       -------------------------
                                                        Page 4 of 5 Pages
                                                       -------------------------


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

                  (i)   Sole power to vote or to direct the vote: 5,616,172
                        Common Shares

                  (ii)  Shared power to vote or to direct the vote: -0-

                  (iii) Sole power to dispose or to direct the disposition of:
                        5,616,172 Common Shares

                  (iv)  Shared power to dispose or to direct the disposition
                        of: -0-

Item 5.  Ownership of Five Percent or Less of a Class.

                  Not applicable

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

                  Not applicable

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.

                  Not applicable
<PAGE>
 
                                                       -------------------------
                                                        Page 5 of 5 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 8, 1999                    
                                  -------------------------------------------
                                  (Date)

                                  /s/ D. M. DRAIME                    
                                  ------------------------------------------- 
                                  (Signature)



                                  D. M. Draime                            
                                  -------------------------------------------
                                  (Name/Title)


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