UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.)*
DANIEL GREEN COMPANY
(Name of Issuer)
COMMON STOCK, $2.50 PAR VALUE
(Title of Class of Securities)
392775102
(CUSIP Number)
December 31, 1997
(Date of Event which Requires Filing of this Statement)
Check the following box if a fee is being paid with the statement |X|. (A fee is
not required only if the reporting 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.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
* 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
disclosures provided in a prior cover page.
The information required on 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. 392775102 Page 2 of 5 Pages
- ------------------- -----------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Retirement Committee of the Daniel Green Company Retirement Savings
Partnership Plan
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 186,437
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0
8 SHARED DISPOSITIVE POWER
186,437
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
186,437
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.0%
12 TYPE OF REPORTING PERSON*
EP
- ---------- ---------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 392775102 Page 3 of 5 Pages
- ------------------- -----------------
Item 1(a). Name of Issuer:
Daniel Green Company.
Item 1(b). Address of Issuer's Principal Executive Offices:
One Main Street, Dolgeville, New York 13329.
Item 2(a). Name of Person Filing:
Retirement Committee of the Daniel Green Company Retirement Savings
Partnership Plan (the "Plan").
Item 2(b). Address of Principal Business Office or, if None, Residence:
One Main Street, Dolgeville, New York 13329.
Item 2(c). Citizenship:
Massachusetts
Item 2(d). Title of Class of Securities:
Common Stock, par value $2.50 per share.
Item 2(e). Cusip Number:
392775102
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). [ ] Broker of Dealer registered under section 15 of the act;
(b). [ ] Bank as defined in Section 3(a)(6) of the Act;
(c). [ ] Insurance Company as defined in Section 3(a)(19) of the Act
(d). [ ] Investment Company registered under Section * of the Investment
Company Act;
(e). [ ] Investment Advisor registered under Section 203 of the Investment
Advisers Act of 1940;
(f). [X] Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974, or Endowment
Fund;
<PAGE>
SCHEDULE 13G
CUSIP No. 392775102 Page 4 of 5 Pages
- ------------------- -----------------
(g). [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);
(h). [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Item 4. Ownership
(a). Amount beneficially owned: 186,437
(b) Percent of class: 11%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote ________
(ii) Shared power to vote or direct the vote 186,437
(iii) Sole power to dispose or to direct the disposition of _______
(iv) Shared power to dispose or to direct the disposition of 186,437
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.
Exeter Trust Company (the "Trustee") holds the shares as
non-discretionary trustee of the Plan. As respects the voting of the shares held
by the Trustee, the Retirement Committee directs the voting of both allocated
and unallocated shares in the plan.
The Retirement Committee may dispose of the shares in the Plan only in
accordance with the terms of the Plan and its fiduciary obligations under ERISA
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
<PAGE>
SCHEDULE 13G
CUSIP No. 392775102 Page 5 of 5 Pages
- ------------------- -----------------
By signing below, I certify that, to the best of my knowledge and
belief 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 purpose or effect.
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.
RETIREMENT COMMITTEE OF THE DANIEL GREEN
COMPANY RETIREMENT SAVINGS PARTNERSHIP PLAN
/s/ Stanley W. Kabot
Stanley W. Kabot, Committee Member
Date: January 9, 1998
