CORCOM INC
SC 13G/A, 1996-01-23
ELECTRONIC COILS, TRANSFORMERS & OTHER INDUCTORS
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                                              ------------------------------- 
                                              /        OMB APPROVAL         / 
                                              ------------------------------- 
                                              / OMB Number:       3235-0145 / 
                                              / Expires:   October 31, 1994 / 
                                              / Estimated average burden    / 
                                              / hours per response ... 14.90/ 
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                  SCHEDULE 13G



                   Under the Securities Exchange Act of 1934
                               (Amendment No. 13)*


                                 CORCOM, INC.
                     ------------------------------------
                               (Name of Issuer)

                          Common Stock (no par value)
                     ------------------------------------
                        (Title of Class of Securities)

                                  218356 10 3
                                  -----------
                                (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).

 

SEC 1745 (2/92)                Page 1 of 4 Pages

<PAGE>
 
- -----------------------                                  ---------------------
 CUSIP NO. 218356 10 3                                     PAGE 2 OF 4 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                                                                                
          Werner E. Neuman
                          
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
          N/A                                                   (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4                                 
          U.S.

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5                                                       
     NUMBER OF                1,000,266          
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6       
                              N/A
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7       
    REPORTING                 1,000,266
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8       
                              N/A
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9                           
          1,000,266
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10           
          [X]
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11           
          26.5

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12           
          IN

- ------------------------------------------------------------------------------
                     *SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
 
Item 1 (a)    Name of Issuer: Corcom, Inc.
- ----------                                 

Item 1 (b)    Address of Issuer's Principal Executive Offices:
- ----------    844 East Rockland Road, Libertyville, Illinois 60048

Item 2 (a)    Name of Person Filing: Werner E. Neuman
- ----------                                            

Item 2 (b)    Address of Principal Business Office, or, if none,
- ----------    Residence: 844 East Rockland Road, Libertyville, Illinois 60048

Item 2 (c)    Citizenship: U.S.
- ----------                      

Item 2 (d)    Title of Class of Securities:
- ----------    Common Stock (no par value)

Item 2 (e)    CUSIP Number: 218356 10 3
- ----------                              

Item 3        Not applicable. (This Schedule is filed pursuant to Rule 
- ------        13d-1(c).)

Item 4        Ownership:
- ------                
              The following information is provided as of December 31, 1995:

              (a)  Amount Beneficially Owned: 1,000,266 shares. Includes 39,000
                   options deemed exercised solely for purposes of this
                   statement. Excludes 33 shares owned by Mr. Neuman's spouse,
                   as to which he disclaims beneficial ownership.

              (b)  Percent of Class: 26.5%

              (c)  Undersigned has sole power to vote and sole power to dispose
                   of all shares.

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:
- ------                                                                      
              Not applicable.

                               Page 3 of 4 Pages
<PAGE>
 
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.

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: January 16, 1996


Signature:     /s/ Werner E. Neuman
          --------------------------------------------------------------------

Name/Title:                   Werner E. Neuman



                               Page 4 of 4 Pages


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