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OMB APPROVAL
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OMB Number: 3235-0145
Expires: December 31, 1997
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
AMERICAN WATER WORKS CO., INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
030411 10 2
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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 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 ("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 6 Pages
<PAGE>
Page 2 of 6 Pages
--------- ---------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEMER TRUST COMPANY
22-0770670
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) X
(b)
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,803,000 shs.
NUMBER OF
---------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
---------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,803,000 shs.
---------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,803,000 shs.
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.31%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
BK
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 6 Pages
<PAGE>
Page 3 of 6 Pages
--------- ---------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEMER TRUST COMPANY OF FLORIDA
59-6067333
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) X
(b)
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Florida
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
541,139 shs.
NUMBER OF
---------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,034,568 shs.
---------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 541,139 shs.
---------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
2,034,568 shs.
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,575,707 shs.
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.31%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
BK
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 6 Pages
<PAGE>
Item 1.
(a) Name of Issuer:
American Water Works Co., Inc.
(b) Address of Issuer's Principal Executive Offices:
1025 Laurel Oak Road
P.O. Box 1770
Voorhees, NJ 08043
Item 2.
(a), (b) and (c) Name of Persons Filing, Address of Principal Business
Office and Citizenship:
Bessemer Trust Company ("BTC") and Bessemer Trust Company of
Florida ("BTF") as a group. The filing of this statement by BTC and BTF as part
of a group does not constitute an admission that either BTC or BTF controls the
other. BTC and BTF are each wholly-owned by The Bessemer Group, Incorporated.
BTC and BTF are each trust companies which manage accounts for
the benefit of others. The holders of the securities referred to in this
statement are trusts for the benefit of Willard M. Ware, James Deshler II, Rhoda
L. Ware and Martha W. Odom, respectively, of which BTC or BTF are trustees or
co-trustees, and Peacock Foundation Inc. and Catlin Foundation, accounts managed
by BTF.
BTC has its principal business office at 100 Woodbridge Center
Drive, Woodbridge, New Jersey 07095-0980 and BTF has its principal office at 222
Royal Palm Way, Palm Beach, Florida 33480-4394. The Bessemer Group, Incorporated
has its principal office at the same address as BTC.
BTC is a bank organized under the laws of New Jersey and BTF
is a trust company organized under the laws of Florida. The Bessemer Group,
Incorporated is a corporation organized under the laws of Delaware.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
030411 10 2
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check
whether the person filing is a:
(a) through (g), not applicable.
(h) [X] Group, in accordance with Section 240.13d-1(b)(1)(ii)(H).
Page 4 of 6 Pages
<PAGE>
Item 4. Ownership
Items 5 through 9 and Item 11 of Page 2 of this Statement are
incorporated herein by reference.
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
BTC and BTF are each banks as defined in Section 3(a)(6) of
the Securities Exchange Act of 1934, as amended.
Item 9. Notice of Dissolution of Group
Not applicable.
Page 5 of 6 Pages
<PAGE>
Item 10. Certification
By signing below, the undersigned certify that, to the best of
the knowledge and belief of the undersigned, the securities referred to above
were acquired in the ordinary course of business and 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.
Item 11. Signatures
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Dated: February 10, 1997
BESSEMER TRUST COMPANY
By: /s/ Richard R. Davis
----------------------------------
Name: Richard R. Davis,
Title: Executive Vice President
BESSEMER TRUST COMPANY OF FLORIDA
By: /s/ Richard R. Davis
----------------------------------
Name: Richard R. Davis,
Title: Executive Vice President
