MOORE BENJAMIN & CO
SC 13G/A, 1995-03-15
PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODS
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                          SECURITIES AND EXCHANGE COMMISSION 
                               WASHINGTON, D.C. 20549 
 
                                     SCHEDULE 13G 
 
                      UNDER THE SECURITIES EXCHANGE ACT OF 1934 
                                   (AMENDMENT NO. 4)* 
 
                                  BENJAMIN MOORE & CO. 
                                   (Name of Issuer) 
 
                        COMMON STOCK, PAR VALUE $10.00 PER SHARE 
                             (Title of Class of Securities)  
  
                                     (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).
 
 
 
                          ( Continued on following page(s) ) 
 
                                  Page 1 of 5 Pages 

<PAGE>

                                                              Page 2 of 5 Pages 
 
CUSIP NO.
                          Schedule 13G - Benjamin Moore & Co. 
 
1.	NAME OF REPORTING PERSON 
	S. S. OR  I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
	 
	Benjamin Moore & Co. Employees' Stock Ownership Benefit Plan 
 
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*	(a) / /	 
								(b) /x/ 
3.	SEC USE ONLY 
 
4.	CITIZENSHIP OR PLACE OF ORGANIZATION 
 
	New Jersey 
 
                                5.	SOLE VOTING POWER 
 
	Number of			-0-   See Item 4 (c) 
	Shares 
	Beneficially		6.	SHARED VOTING POWER 
	Owned by 
	Each			        493,430   See Item 4 (c) 
	Reporting 
	Person		        7.	SOLE DISPOSITIVE POWER 
	With			        -0-   See Item 4 (c) 
 
			        8.	SHARED DISPOSITIVE POWER 
				        493,430   See Item 4 (c) 
 
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 
 
	493,430   See Item 4 (c) 
 
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 
 
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 
 
	5.1%   See Item 4 (b) 
 
12.	TYPE OF REPORTING PERSON* 
 
	EP 
 
                         *SEE INSTRUCTION BEFORE FILLING OUT! 

<PAGE>

 
                					      Page 3 of 5 Pages
 
                             SECURITIES AND EXCHANGE COMMISSION 
                                    WASHINGTON, D.C. 20549 
 
                              SCHEDULE 13G - Benjamin Moore & Co. 
 
                         UNDER THE SECURITIES EXCHANGE ACT OF 1934 
                                     (AMENDMENT NO. 4) 
 
Item 1 (a).	Name of Issuer: 
        	BENJAMIN MOORE & CO. 
 
Item 1 (b).	Address of Issuer's Principal Executive Offices: 
	        51 Chestnut Ridge Road, Montvale, New Jersey 07645 
 
Item 2 (a).	Name of Person Filing: 
         	Benjamin Moore & Co. Employees' Stock Ownership Benefit Plan 
 
Item 2 (b).	Address of Principal Business Office: 
        	51 Chestnut Ridge Road, Montvale, New Jersey 07645 
 
Item 2 (c).	Citizenship: 
	        New Jersey 
 
Item 2 (d).	Title of Class of Securities: 
        	Common Stock, par value $10.00 per share 
 
Item 2 (e).	CUSIP Number: 
        	Not Applicable. 
 
Item 3.	        If this statement is filed pursuant to Rules 13d-1 (b), or
                13d-2 (b), check whether the person filing is a: 

        	(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.	 
  
Item 4.		Ownership. 
 
          (a)   Amount Beneficially Owned: 493,430 (See Item 4 (c) ) 
 
	  (b)   Percent of Class: 5.1% based on 9,622,307 shares outstanding on
                12/31/94 
 
	  (c)	Number of shares as to which such person has: 
 
	  (i)   sole power to vote or to direct the vote:	0 


<PAGE>
 
						            Page 4 of 5 Pages
 
                         Schedule 13G - Benjamin Moore & Co. 
 
	(ii)	shared power to vote or to direct the vote:  493,430.  Each of
                the issuer's employees and former employees who is a participant
                in the Employees' Stock Ownership Benefit Plan ("Plan") is
                entitled to instruct the trustees ("Trustees") of the Plan
                (currently M. C. Workman, B. M. Belcher, Jr. and Richard Roob)
                as to how to vote the shares of Common Stock, par value $10.00
                per share, of the issuer ("Employer Stock") allocated to the
                account of such person.  The Trustees shall vote securities for
                which they have not received voting instructions from the 
                participants and securities not allocated to any participant's
                account in the same manner and proportion as the voting of
                securities of participants who gave timely voting instructions. 
 
	(iii)	sole power to dispose or to direct the disposition of:  0 
 
	(iv)	shared power to dispose or to direct the disposition of: 
                493,430.  (A)  In the event of a tender offer for shares of
                Employer Stock, each Plan participant may direct the Trustees to
                tender or not tender the shares of Employer Stock credited to
                such participant's account under the Plan. The Trustees shall be
                obligated to follow such directions timely received.  The
                Trustees shall also tender a fraction of the unallocated shares
                held by the Plan, with the numerator of the fraction equal to
                the number of shares of Employer Stock allocated to
                participants' accounts for which the Trustees have received
                instructions from participants to tender and the denominator of
                the fraction equal to the total number of shares of Employer
                Stock allocated to participants' accounts.  (B) Although the
                Trustees do not normally trade shares of Employer Stock, under
                certain circumstances a participant may give instructions
                regarding such participant's account which may result in the
                transfer of Employer Stock by the Trustees. 
 
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.
 
        	The filing person maintains a trust which holds shares of
                Employer Stock (See Item 4 (c) above) for the benefit of current
                and certain former employees of the issuer who are participants
                in the Plan.  Participants in the Plan have the right, pursuant
                to the terms of the Plan, to the proceeds of the sale of shares
                of Employer Stock. 
 

<PAGE>
 
							Page 5 of 5 Pages 
 
                            Schedule 13G - Benjamin Moore & Co. 
 
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. 
 
	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 purposes or effect.  

	The filing of this statement shall not be construed as an admission that
the Benjamin Moore & Co. Employees' Stock Ownership Benefit Plan is, for the
purposes of Section 13 (d) or 13 (g) of the Securities Exchange Act of 1934, as
amended, the beneficial owner of any securities covered by this statement. 
 
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. 
 
Date:  March 15, 1995.	                     Benjamin Moore & Co. Employees'
                                             Stock Ownership Benefit Plan 
 
 
 
                                             By: /s/ MAURICE C. WORKMAN 
                                             Maurice C. Workman 
                                             Trustee 
 
 


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