UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
HARDINGE INC.
(Name of Issuer)
Common Stock, Par Value $.01
(Title of Class of Securities)
412324 30 3
(CUSIP Number)
Douglas A. Greenlee, 1210 West Water Street, Apartment 116,
Elmira, NY 14905, Telephone: (607) 734-8281, with a copy to
J. Philip Hunter, Esq., Sayles, Evans, Brayton, Palmer & Tifft,
One West Church Street, Elmira, NY 14901; Telephone: (607) 734-
2271
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
March 10, 1999
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this
Schedule 13D, and is filing this schedule because of 240.13d-
1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ___
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits.
See 240.13d-7 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 "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).
Potential persons who are to respond to the collection of
information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
CUSIP No. 412324 30 3
1. Douglas A. Greenlee S.S.# ###-##-####
2. (b) X
3.
4. Not Applicable
5.
6. U.S.A.
7. 21,446
8. 461,262
9. 21,446
10. 461,262
11. 482,708
12.
13. 4.93%
14. IN
SCHEDULE 13D (Amendment No. 3)
Item 1. Security and Issuer:
Common Stock, Par Value $.01 ("Shares")
Hardinge Inc.
One Hardinge Drive
P.O. Box 1507
Elmira, New York 14902
Item 2. Identity and Background:
(a) Name
Douglas A. Greenlee
(b) Residence address
1210 West Water Street
Apartment 116
Elmira, NY 14905
(c) Present principal occupation
Vice President - Business Development
(d, e) Legal proceedings
None
(f) Citizenship
U.S.A. - State of New York
Item 3. Source and Amount of Funds or Other Consideration:
Not Applicable
Item 4. Purpose of Transaction:
Not Applicable
Item 5. Interest in Securities of the Issuer:
(a) Aggregate Number and Percentage Owned
482,708, 4.93% based on 9,800,283 shares outstanding on
March 10, 1999 as reported by the Issuer.
(b) Number of Shares as to which such person has:
(i) sole power to vote or to direct the
vote 21,446
(ii) shared power to vote or to direct
the vote 461,262
(iii) sole power to dispose or to
direct the disposition of 21,446
(iv) shared power to dispose or to
direct the disposition of 461,262
(c) Transactions during past sixty days:
Effective March 10, 1999, Mr. Greenlee forfeited 26,100
shares of the Issuer's restricted common shares. In
addition, on March 10, 1999, Mr. Greenlee became
entitled to the release of restrictions with respect to
27,000 shares of said Common Stock from which shares
11,300 shares were surrendered to the Issuer for the
payment of income taxes, with the Issuer transferring
to Mr. Greenlee unrestricted shares for the remaining
15,700 shares.
(d) Rights of any other persons to owned Shares:
Mr. Greenlee shares the power to vote with two other
individual co-trustees with respect to 407,949 Shares.
The beneficiaries (one of whom is Mr. Greenlee) of the
trust of which Mr. Greenlee serves as co-trustee have
the right to dividends received from, but do not have
the right to the proceeds of the sale of, such Shares.
Mr. Greenlee shares the power to vote with two other
individuals as attorney-in-fact with respect to
53,313 Shares.
Mr. Greenlee is aware of other persons with the right
to receive or the power to direct and receive dividends
from or the proceeds of the sale of, Shares, but to the
best knowledge of Mr. Greenlee, none of such persons
beneficially own more than 5% of the outstanding
Shares, except those disclosed in the Issuer's Proxy
Statement dated March 15, 1999 and filed with the
Securities and Exchange Commission on March 12, 1999.
Mr. Greenlee disclaims beneficial ownership of 349,306
Shares held in two trusts by another for the benefit of
Mr. Greenlee and others.
(e) Date upon which Ceased to be 5% Beneficial Owner:
March 10, 1999.
Item 6. Contracts, Arrangements, Understandings or
Relationships
with Respect to Securities of the Issuer:
407,949 Shares are held in trust and the power to vote
and dispose is shared with two other individual
trustees, Joan A.
Sutantyo and Jeanne W. Ward. 53,313 Shares are held
under power of attorney for another and the power to
vote and dispose is shared with two other individuals,
Jane G. Joralemon and Paul Greenlee, Jr. Mr. Greenlee
expressly disclaims that his relationship with his
co-trustees and said other attorneys-in-fact
constitutes a group as such term is defined in
Section 13(d)(3) of the Securities Exchange Act of
1934, as amended.
Item 7. Material to Be Filed as Exhibit:
None
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: March 15 , 1999
Signature: /s/ Douglas A. Greenlee
Name: Douglas A. Greenlee
