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FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person(1)
Rahangdale Yogendra N.
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(Last) (First) (Middle)
c/o Legal Department, American Axle & Manufacturing Holdings, Inc.
1840 Holbrook Avenue
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(Street)
Detroit Michigan 48212
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
5/1/99
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
American Axle & Manufacturing Holdings, Inc. (NYSE: AXL)
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
Vice President, Manufacturing Services
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form Filed by One Reporting Person
[_] Form Filed by More Than One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4)
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<S> <C> <C> <C>
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Common Stock 1,500 D
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FORM 3 (CONTINUED)
TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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Employee Stock Option
(right to buy) Immed. 10/29/09 Common Stock 9,916 4.26 D
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Employee Stock Option
(right to buy) (1) 10/29/09 Common Stock 13,221 4.26 D
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Employee Stock Option
(right to buy) (2) 10/29/09 Common Stock 26,443 4.26 D
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Employee Stock Option
(right to buy) (3) 10/29/09 Common Stock 4,514 15.56 D
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Employee Stock Option
(right to buy) (4) 10/29/09 Common Stock 9,026 15.56 D
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</TABLE>
Explanation of Responses:
(1) On October 29, 1997 the reporting person was granted an option to purchase
33,053 shares of common stock. The option vests seven years from the date
of grant or in five equal annual installments beginning December 31, 1998,
subject to the Company's satisfaction of certain performance criteria each
year. A total of 6,611 options have vested under the performance plan.
(2) On October 27, 1997, the reporting person was granted an option to purchase
16,527 shares of common stock. The option vests in five equal annual
installments beginning on December 31, 1998.
(3) On February 3, 1999, the reporting person was granted an option to purchase
9,026 shares of common stock. The option vests seven years from the date of
grant or in four equal annual installments beginning December 31, 1999,
subject to the Company's satisfaction of certain performance criteria each
year.
(4) On February 3, 1999, the reporting person was granted an option to purchase
4,514 shares of common stock. The option vests in four equal annual
installments beginning on December 31, 1999.
/s/ PATRICK S. LANCASTER 5/7/99
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Signature of Reporting Person(1) Date
Attorney in fact
(1)Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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(Print or Type Responses)
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POWER OF ATTORNEY
Know all men by these presents that Yogendra N. Rahangdale does hereby
make, constitute and appoint Patrick S. Lancaster and Michael K. Simonte as true
and lawful attorneys-in-fact of the undersigned with full powers of substitution
and revocation, and each such attorney-in-fact may act independently, for and in
the name, place and stead of the undersigned (both in the undersigned's
individual capacity and in any other corporate or partnership capacity the
undersigned is otherwise authorized to sign), to execute and deliver such forms
as may be required to be filed from time to time with the Securities and
Exchange Commission with respect to any investments of Yogendra N. Rahangdale in
the common stock of American Axle & Manufacturing Holdings, Inc. (including any
amendments or supplements to any reports or schedules previously filed by such
person) pursuant to Sections 13(d) and 16(a) of the Securities Exchange Act of
1934, as amended, including without limitation Schedules 13D and statements on
Form 3, Form 4 and Form 5.
/s/ YOGENDRA N. RAHANGDALE
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Name: Yogendra N. Rahangdale
Dated as of May 1, 1999
STATE OF: MICHIGAN
COUNTY OF: WAYNE
On May 1, 1999, before me, the undersigned, a Notary Public of said State, duly
commissioned and sworn, personally appeared Yogendra N. Rahangdale proved to me
on the basis of satisfactory evidence to be the person who executed the within
instrument in his individual capacity.
In witness whereof, I have hereunto set my hand and affixed by official seal the
day and year in this certificate first above written.
/s/ JANICE A. WASHO
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Notary Public:
JANICE A. WASHO
NOTARY PUBLIC, MACOMB COUNTY, MI
MY COMMISSION EXPIRES 01-16-2003
