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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7)
MEDIQ Incorporated
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
584906-101
- ------------------------------------------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]
CUSIP No. 584906-101
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
PNC Bank Corp. 25-1435979
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization Pennsylvania
Number of Shares 5) Sole Voting Power 0
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 7,430,200
7) Sole Dispositive Power 0
8) Shared Dispositive Power 7,404,468
9) Aggregate Amount Beneficially Owned by Each Reporting Person 7,430,200*
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 34.5*
12) Type of Reporting Person (See Instructions) HC
* See the response to Item 4 below.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7)
MEDIQ Incorporated
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
584906-101
- ------------------------------------------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]
CUSIP No. 584906-101
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
above persons
PNC Bancorp, Inc. 51-0326854
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization Delaware
Number of Shares 5) Sole Voting Power 0
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 7,430,200
7) Sole Dispositive Power 0
8) Shared Dispositive Power 7,404,468
9) Aggregate Amount Beneficially Owned by Each Reporting Person 7,430,200*
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 34.5*
12) Type of Reporting Person (See Instructions) HC
* See the response to Item 4 below.
<PAGE> 3
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7)
MEDIQ Incorporated
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
584906-101
- ------------------------------------------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]
CUSIP No. 584906-101
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
PNC Bank, National Association 25-1197336
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization United States
Number of Shares 5) Sole Voting Power 0
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 7,430,200
7) Sole Dispositive Power 0
8) Shared Dispositive Power 7,404,468
9) Aggregate Amount Beneficially Owned by Each Reporting Person 7,430,200*
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 34.5*
12) Type of Reporting Person (See Instructions) BK
* See the response to Item 4 below.
<PAGE> 4
ITEM 4 - OWNERSHIP:
The following information is as of December 31, 1995:
(a) Amount Beneficially Owned: 7,430,200 shares*
(b) Percent of Class: 34.5*
(c) Number of shares to which such person has:
(i) sole power to vote or to direct the vote 0
(ii) shared power to vote or to direct the vote 7,430,200
(iii) sole power to dispose or to direct the disposition of 0
(iv) shared power to dispose or to direct the disposition of 7,404,468
* Beneficial ownership includes 3,734,955 shares of Preferred, Series A Stock
(CUSIP #584906200), which is not registered under the Securities Exchange Act
of 1934. This Preferred Stock is convertible at any time into Common Stock of
MEDIQ Incorporated at a conversion rate of one-to-one, and thus is deemed to
constitute beneficial ownership of Common Stock under Rule 13d-3(d)(i). See
also the response to Item 6 below.
<PAGE> 5
ITEM 6 - OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
See Schedule A.
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.
<PAGE> 6
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.
February 12, 1996
--------------------------------------------
Date
/s/ WILLIAM F. STROME
--------------------------------------------
Signature - PNC Bank Corp.
William F. Strome, Senior Vice President
--------------------------------------------
Name/Title
February 12, 1996
--------------------------------------------
Date
/s/ PAUL L. AUDET
--------------------------------------------
Signature - PNC Bancorp, Inc.
Paul L. Audet, Vice President
--------------------------------------------
Name/Title
February 12, 1996
--------------------------------------------
Date
/s/ WILLIAM F. STROME
--------------------------------------------
Signature - PNC Bank, National Association
William F. Strome, Senior Vice President
--------------------------------------------
Name/Title
AN AGREEMENT TO FILE A JOINT
STATEMENT WAS PREVIOUSLY FILED
AS EXHIBIT A TO AMENDMENT NO. 6.
<PAGE> 7
Schedule A
Item 6- Ownership of More Than Five Percent On Behalf of Another Person
Securities are held in various trusts. The following persons may
have the power to direct the proceeds of sale and/or dividends in
their capacity as Co-Fiduciaries:
Lionel Felzer
17124 Newport Club Drive
Boca Raton, Florida 33496
Lionel Felzer is a Co-Fiduciary with PNC Bank, N.A. for accounts
holding 3,626,997 shares of MEDIQ Inc. Common Stock and 3,666,997
shares of MEDIQ Inc. Preferred, Series A Stock.
Judith Shipon
1115 Devon Road
Rydal, PA 19046
Judith Shipon is a Co-Fiduciary with PNC Bank, N.A. for accounts
holding 3,617,097 shares of MEDIQ Inc. Common Stock and 3,657,097
shares of MEDIQ Inc. Preferred, Series A Stock.
Bessie Rotko
100 Bryer Estate #4-N
Elkins Park, PA 19117
Bessie Rotko is a Co-Fiduciary with PNC Bank, N.A. for accounts holding
3,607,197 shares of MEDIQ Inc. Common Stock and 3,647,197 shares of
MEDIQ Inc. Preferred, Series A Stock.
Michael Rotko, Esquire
c/o Drinker, Biddle & Reath
Suite 1100
1345 Chestnut St.
Philadelphia, PA 19107-3496
Michael Rotko is a Co-Fiduciary with PNC Bank, N.A. for accounts
holding 3,659,613 shares of MEDIQ Inc. Common Stock and 3,699,613
shares of MEDIQ Inc. Preferred, Series A Stock.
John Iskrant, Esquire
c/o Schnader, Harrison, Segal & Lewis
Suite 3600, 1600 Market Street
Philadelphia, PA 19103
John Iskrant is a Co-Fiduciary with PNC Bank, N.A. for accounts
holding 36,228 shares of MEDIQ Inc. Common Stock and 76,228 shares of
MEDIQ Inc. Preferred, Series A Stock.
Thomas C. Rotko
P.O. Box 369
Unionville, PA 19375
Thomas C. Rotko is a Co-Fiduciary with PNC Bank, N.A. for accounts
holding 21,258 shares of MEDIQ Inc. Common Stock and 21,258 shares of
MEDIQ Inc. Preferred, Series A Stock.
<PAGE> 8
William L. Rotko
P.O. Box 369
Unionville, PA 19375
William L. Rotko is a Co-Fiduciary with PNC Bank, N.A. for accounts
holding 21,258 shares of MEDIQ Inc. Common Stock and 21,258 shares of
MEDIQ Inc. Preferred, Series A Stock.
David M. Shipon
1115 Devon Road
Rydal, PA 19046
David M. Shipon is a Co-Fiduciary with PNC Bank, N.A. for accounts
holding 25,732 shares of MEDIQ Inc. Common Stock and 25,482 shares of
MEDIQ Inc. Preferred, Series A Stock.
