UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.8)*
THE CHERRY CORPORATION
(Name of Issuer)
CLASS B COMMON STOCK
(Title of Class of Securities)
164541302
(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>
SCHEDULE 13G
CUSIP No. 164541302 Page 2 of 6
1 NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PETER B. CHERRY
###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ( )
(b) ( )
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
5 SOLE VOTING POWER
NUMBER OF SHARES 2,296,847
BENEFICIALLY
OWNED BY 6 SHARED VOTING POWER
EACH 468,138
REPORTING
PERSON 7 SOLE DISPOSITIVE POWER
WITH 2,296,847
8 SHARED DISPOSITIVE POWER
468,138
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,764,985
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) ( )
EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
58.6%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 164541302 Page 3 of 6
Item 1 (a) Name of Issuer: The Cherry Corporation
Item 1 (b) Address of Issuer's Principal Executive Offices:
3600 Sunset Avenue
Waukegan, IL 60087
Item 2 (a) Name of Person Filing: Peter B. Cherry
Item 2 (b) Address of Principal Business Office:
3600 Sunset Avenue
Waukegan, IL 60087
Item 2 (c) Citizenship: U.S.A.
Item 2 (d) Title of Class of Securities: Class B COMMON STOCK
Item 2 (e) CUSIP Number: 164541302
Item 3 Not Applicable
<PAGE>
SCHEDULE 13G
<TABLE>
CUSIP No. 164541302 PAGE 4 of 6
Item 4. Ownership:
<CAPTION>
(a) (b) (c) Number of Shares as to Which Such Person
Has:
(iii) (iv)
(i) (ii) Sole Power Shared
Sole Power Shared to Dispose Power to
% of to Vote or Power to or to Dispose or
Total Amount Class to Direct Vote or to Direct to Direct
the Vote Direct the Disposi- Disposi-
Vote tion of tion of
<S> <C> <C> <C> <C> <C> <C>
Peter B. Cherry (1) 2,764,985 58.6 2,296,847 468,138 2,296,847 468,138
<FN>
(1) The table includes (a) 47,911 shares held by Peter B. Cherry's wife as trustee for their children, as to which Peter B. Cherry
disclaims beneficial ownership; (b) 22,500 shares held by Act & Co., the nominee of Harris Trust and Savings Bank, in an irrevocable
trust for the benefit of the children of Mr. and Mrs. Walter Cherry (the children have the power to vote and dispose of such stock);
(c) 2,296,847 shares held in various investment limited partnerships and trusts; and (d) 397,727 shares held by Catherine C. Moore
Trust for the benefit of Catherine C. Moore, of which Virginia B. Cherry and Peter B. Cherry (her son) are trustees with the power
to vote the shares and to make dispositions (Virginia B. Cherry and Peter B. Cherry disclaim beneficial ownership of these shares).
</TABLE>
<PAGE>
SCHEDULE 13G
CUSIP No. 164541302 PAGE 5 of 6
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:
See Item 4
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.
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
Not Applicable
<PAGE>
SCHEDULE 13G
CUSIP No. 164541302 PAGE 6 of 6
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.
Dated: February 13, 1996
Peter B. Cherry
- -------------------------------------------
Peter B. Cherry
