<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. -- )<F*>
------------
GRAYBAR ELECTRIC COMPANY, INC.
- -------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, par value $1.00 per share
- -------------------------------------------------------------------------------
(Title of Class of Securities)
NONE
----------------------------
(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).
[FN]
<F*>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> 2
- ------------------------ ------------------
CUSIP No. ____________ 13G Page 2 of 15 Pages
- ------------------------ ------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
C. L. Hall
###-##-####
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F*>
(a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,629,188
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 7,154
PERSON --------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,629,188
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<F*>
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
93.7%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON<F*>
IN
- -------------------------------------------------------------------------------
[FN]
<F*>SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
- ------------------------ ------------------
CUSIP No. ____________ 13G Page 3 of 15 Pages
- ------------------------ ------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
R. H. Haney
###-##-####
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F*>
(a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,629,188
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 5,614
PERSON --------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,629,188
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<F*>
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
93.7%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON<F*>
IN
- -------------------------------------------------------------------------------
[FN]
<F*>SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 4
- ------------------------ ------------------
CUSIP No. ____________ 13G Page 4 of 15 Pages
- ------------------------ ------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
G. W. Harper
###-##-####
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F*>
(a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,629,188
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 6,024
PERSON --------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,629,188
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<F*>
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
93.7%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON<F*>
IN
- -------------------------------------------------------------------------------
[FN]
<F*>SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 5
- ------------------------ ------------------
CUSIP No. ____________ 13G Page 5 of 15 Pages
- ------------------------ ------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
R. A. Reynolds, Jr.
###-##-####
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F*>
(a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,629,188
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 4,048
PERSON --------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,629,188
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<F*>
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
93.7%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON<F*>
IN
- -------------------------------------------------------------------------------
[FN]
<F*>SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 6
- ------------------------ ------------------
CUSIP No. ____________ 13G Page 6 of 15 Pages
- ------------------------ ------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
R. D. Offenbacher
###-##-####
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F*>
(a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,629,188
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 3,971
PERSON --------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,629,188
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<F*>
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
93.7%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON<F*>
IN
- -------------------------------------------------------------------------------
[FN]
<F*>SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 7
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Page 7 of 15 Pages
------------------
Item 1(a) Name of Issuer:
- --------- --------------
Graybar Electric Company, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
- --------- -----------------------------------------------
34 North Meramec Avenue
P.O. Box 7231
St. Louis, Missouri 63177
Item 2(a) Name of Person Filing:
- --------- ---------------------
Pursuant to the provisions of Rule 13d-1(f)(1) under the
Securities Exchange Act of 1934, this Schedule 13G is being filed on behalf
of the following persons as Voting Trustees of the Voting Trust established
by a Voting Trust Agreement dated as of April 1, 1997 (the "Voting Trust"):
(i) C. L. Hall
(ii) R. H. Haney
(iii) G. W. Harper
(iv) R. A. Reynolds, Jr.
(v) R. D. Offenbacher
Attached hereto as Exhibit A is the agreement in writing of each
of the above that this Schedule 13G is filed on behalf of each of them.
Item 2(b) Address of Principal Business Office or, if none, Residence:
- --------- -----------------------------------------------------------
(i) The principal business office of Messrs. Hall, Haney, Harper,
Reynolds and Offenbacher is:
c/o Graybar Electric Company, Inc.
34 North Meramec Avenue
P.O. Box 7231
St. Louis, Missouri 63177
<PAGE> 8
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Page 8 of 15 Pages
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Item 2(c) Citizenship:
- --------- -----------
All persons named in response to Item 2(a) are citizens of the
United States of America.
Item 2(d) Title of Class of Securities:
- --------- ----------------------------
Common Stock, par value $1.00 per share.
Item 2(e) CUSIP Number:
- --------- ------------
None - not publicly traded.
Item 3 Not Applicable.
- ------ --------------
Item 4 Ownership:
- ------ ---------
(a) Amount Beneficially Owned:
At December 31, 1998, 4,629,188 shares of Common Stock, par value
$1.00 per share (the "Common Stock"), of Graybar Electric Company, Inc.
("Graybar") had been deposited in the Voting Trust.
<PAGE> 9
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Page 9 of 15 Pages
------------------
The following table shows the beneficial ownership of Voting
Trust Certificates representing shares of Common Stock owned at December 31,
1998 by the persons named in response to Item 2(a):
<TABLE>
<CAPTION>
Name Number of Shares
--------------- ----------------
<S> <C>
C. L. Hall 7,154
R. H. Haney 5,614
G. W. Harper 6,024
R. A. Reynolds, Jr. 4,048
R. D. Offenbacher 3,971
</TABLE>
(b) Percent of Class:
The shares of Common Stock described in response to Item 4(a)
amounted to approximately 94% of the outstanding shares of Common Stock on
December 31, 1998.
(c) The following table sets forth, as of December 31, 1998,
for each of the persons named in response to Item 2(a), the number of shares
of Common Stock as to which such person has (i) sole power to vote or to
direct the vote, (ii) shared power to vote or to direct the vote, (iii) sole
power to dispose or to direct the disposition of, or (iv) shared power to
dispose or to direct the disposition of:
<TABLE>
<CAPTION>
Power to dispose
Power to vote or to or to direct the
direct the vote<F*> disposition of
------------------------- ---------------------
Name Sole Shared Sole Shared
------------ ---- ------ ---- ------
<S> <C> <C> <C> <C>
C. L. Hall -0- 4,629,188 7,154 -0-
R. H. Haney -0- 4,629,188 5,614 -0-
G. W. Harper -0- 4,629,188 6,024 -0-
R. A. Reynolds, Jr. -0- 4,629,188 4,048 -0-
R. D. Offenbacher -0- 4,629,188 3,971 -0-
<FN>
- --------------------
<F*>The Voting Trustees may not, without the consent of the holders
of Voting Trust Certificates representing at least 75% of the aggregate
number of shares of Common Stock then deposited in the Voting Trust, vote on
or consent to the merger or consolidation of Graybar into another
corporation, the sale of all or substantially all of Graybar's assets or the
liquidation and dissolution of Graybar.
</TABLE>
<PAGE> 10
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Page 10 of 15 Pages
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Item 5 Ownership of Five Percent or Less of a Class.
- ------ --------------------------------------------
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following: ( ).
Item 6 Ownership of More than Five Percent on Behalf of Another Person.
- ------ ---------------------------------------------------------------
All dividends payable with respect to shares of Common Stock
deposited in the Voting Trust are payable to the Voting Trustees as the
owners of record of such shares. The Voting Trustees are authorized to
retain, subject to the terms of the Voting Trust Agreement, any shares of
Common Stock received as a stock dividend, and to deliver to each holder of a
Voting Trust Certificate representing shares of Common Stock on which such
stock dividend shall have been paid an additional Voting Trust Certificate
for the number of shares received as a dividend with respect to such Common
Stock. The Voting Trustees pay or cause to be paid to the holders of Voting
Trust Certificates an amount equal to any cash dividends and any distribution
paid other than in cash or Common Stock. The Voting Trustees have no power
to direct the sale or to receive the proceeds of a sale of the Common Stock
deposited in the Voting Trust, such power being in the holders of the Voting
Trust Certificates issued in respect of such shares of Common Stock.
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> 11
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Page 11 of 15 Pages
-------------------
Signature
- ---------
After reasonable inquiry and to the best of my knowledge and
belief, I verify that the information set forth in this statement is true,
complete and correct.
Date: February 10, 1999
/S/ C. L. HALL
--------------------------------
C. L. Hall
EXHIBIT A
---------
The persons named below hereby agree to file one Schedule 13G to
report ownership as of December 31, 1998 of Common Stock of Graybar Electric
Company, Inc., and agree that the Schedule 13G to which this agreement,
executed in counterparts, is attached as Exhibit A is filed on behalf of each
of them.
/S/ C. L. HALL
--------------------------- -----------------------
C. L. Hall R. H. Haney
--------------------------- -----------------------
G. W. Harper R. A. Reynolds, Jr.
-----------------------------
R. D. Offenbacher
<PAGE> 12
-------------------
Page 12 of 15 Pages
-------------------
Signature
- ---------
After reasonable inquiry and to the best of my knowledge and
belief, I verify that the information set forth in this statement is true,
complete and correct.
Date: February 10, 1999
/S/ R. H. HANEY
---------------------------
R. H. Haney
EXHIBIT A
---------
The persons named below hereby agree to file one Schedule 13G to
report ownership as of December 31, 1998 of Common Stock of Graybar Electric
Company, Inc., and agree that the Schedule 13G to which this agreement,
executed in counterparts, is attached as Exhibit A is filed on behalf of each
of them.
/S/ R. H. HANEY
--------------------------- -----------------------
C. L. Hall R. H. Haney
--------------------------- -----------------------
G. W. Harper R. A. Reynolds, Jr.
-----------------------------
R. D. Offenbacher
<PAGE> 13
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Page 13 of 15 Pages
-------------------
Signature
- ---------
After reasonable inquiry and to the best of my knowledge and
belief, I verify that the information set forth in this statement is true,
complete and correct.
Date: February 10, 1999
/S/ G. W. HARPER
----------------------------
G. W. Harper
EXHIBIT A
----------
The persons named below hereby agree to file one Schedule 13G to
report ownership as of December 31, 1998 of Common Stock of Graybar Electric
Company, Inc., and agree that the Schedule 13G to which this agreement,
executed in counterparts, is attached as Exhibit A is filed on behalf of each
of them.
---------------------- -----------------------
C. L. Hall R. H. Haney
/S/ G. W. HARPER
---------------------- -----------------------
G. W. Harper R. A. Reynolds, Jr.
-----------------------------
R. D. Offenbacher
<PAGE> 14
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Page 14 of 15 Pages
-------------------
Signature
- ---------
After reasonable inquiry and to the best of my knowledge and
belief, I verify that the information set forth in this statement is true,
complete and correct.
Date: February 10, 1999
/S/ R. A. REYNOLDS, JR.
-----------------------------------
R. A. Reynolds, Jr.
EXHIBIT A
---------
The persons named below hereby agree to file one Schedule 13G to
report ownership as of December 31, 1998 of Common Stock of Graybar Electric
Company, Inc., and agree that the Schedule 13G to which this agreement,
executed in counterparts, is attached as Exhibit A is filed on behalf of each
of them.
---------------------- -----------------------------
C. L. Hall R. H. Haney
/S/ R. A. REYNOLDS, JR.
---------------------- ----------------------------
G. W. Harper R. A. Reynolds, Jr.
-----------------------------
R. D. Offenbacher
<PAGE> 15
-------------------
Page 15 of 15 Pages
-------------------
Signature
- ---------
After reasonable inquiry and to the best of my knowledge and
belief, I verify that the information set forth in this statement is true,
complete and correct.
Date: February 10, 1999
/S/ R. D. OFFENBACHER
---------------------------------
R. D. Offenbacher
EXHIBIT A
---------
The persons named below hereby agree to file one Schedule 13G to
report ownership as of December 31, 1998 of Common Stock of Graybar Electric
Company, Inc., and agree that the Schedule 13G to which this agreement,
executed in counterparts, is attached as Exhibit A is filed on behalf of each
of them.
------------------------ -------------------------------
C. L. Hall R. H. Haney
------------------------ -------------------------------
G. W. Harper R. A. Reynolds, Jr.
/S/ R. D. OFFENBACHER
---------------------------------
R. D. Offenbacher
