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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. 7 )*
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PITTWAY CORPORATION
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(Name of Issuer)
COMMON STOCK
------------
(Title of Class of Securities)
725790 10 9
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(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).
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CUSIP No. 725790 10 9 13G Page 2 of 8 Pages
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
American National Bank and Trust Company of Chicago
36-0727633
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
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SOLE VOTING POWER
5
NUMBER OF 1,000 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
160,300 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,000 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
171,896
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
172,896 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
6.58%
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TYPE OF REPORTING PERSON*
12
BK
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CUSIP No. 725790 10 9 13G Page 3 of 8 Pages
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
American National Corporation 36-2794382
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF -0-
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
None except indirectly through a wholly-owned
subsidiary as described herein. See Item 4.
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
-0-
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO HC
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CUSIP No. 725790 10 9 13G Page 4 of 8 Pages
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Chicago Corporation 36-2669970
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF -0-
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 None except indirectly through one or more subsidiaries
as described herein. See Item 4.
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
-0-
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO HC
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Item 1(a). Name of Issuer:
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Pittway Corporation (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices:
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333 Skokie Boulevard
Northbrook, Illinois 60065-3012
Item 2(a). Name of Person Filing:
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First Chicago Corporation ("FCC") on behalf of itself, American
National Bank and Trust Company of Chicago ("ANB") and American
National Corporation ("ANC") is filing this statement. Exhibit A
attached hereto contains the aggreement of FCC, ANC and ANB to file
joint disclosure statements on Schedule 13G.
Item 2(b). Address of Principal Business Office:
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For FCC: For ANB and ANC:
One First National Plaza 33 North LaSalle Street
Chicago, Illinois 60670 Chicago, Illinois 60690
Item 2(c). Citizenship:
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ANB is a national banking association organized under the laws of the
United States. FCC and ANC are corporations organized under the laws
of the State of Delaware.
Item 2(d). Title of Class of Securities:
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Common Stock (the "Common")
Item 2(e). CUSIP Number
------------
725790 10 9
Item 3. Type of Person Filing:
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(b) ANB is a Bank as defined in section 3(a)(6) of the Act.
(g) Each of FCC and ANC is a Parent Holding Company in accordance
with (S)240.13d-1(b)(ii)(G).
Item 4. Ownership:
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(a)-(b) ANB holds, solely in a fiduciary capacity, 172,896 shares of
the Company's Common, representing 6.58% of the Company's outstanding
Common. ANC may be deemed to beneficially own the shares of the
Company's Common solely through its ownership of ANB. FCC may be
deemed to beneficially own shares of Common solely through its direct
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ownership of ANC and its indirect ownership of ANB.
(c) See items 5 and 9 and item 11 on pages two, three and four hereof.
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:
----------------------------------------------------------------
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported On by the Parent Holding Company:
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See Items 2(a) and 3.
Item 8. Identification and Classification of Member 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 purpose or effect.
Disclaimer
- ----------
First Chicago Corporation expressly disclaims that the filing of this
statement shall not be construed as an admission that First Chicago Corporation,
is, for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act of
1934, the beneficial owner of any securities covered by this statement.
American National Corporation expressly disclaims that the filing of this
statement shall not be construed as an admission that American National
Corporation, is, for purposes of Section 13(d) or 13(g) of the Securities
Exchange Act of 1934, the beneficial owner of any securities covered by this
statement.
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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: February 11, 1994
FIRST CHICAGO CORPORATION
/s/ David P. Bolger
By: _________________________
David P. Bolger
Senior Vice President and
Treasurer
AMERICAN NATIONAL CORPORATION
/s/ Thomas R. Watts
By: _________________________
Thomas R. Watts
Name: _______________________
Senior Vice President
and Chief Financial
Officer
Title: ______________________
AMERICAN NATIONAL BANK AND
TRUST COMPANY OF CHICAGO
/s/ James B. Christensen
By: _________________________
James B. Christensen
Name: _______________________
Second Vice President
Title: ______________________
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EXHIBIT A
AGREEMENT
---------
The undersigned hereby agree, pursuant to (S)240.13d-1(f)(1), that the
statement on Schedule 13G (including all amendments thereto) to which this
Agreement is attached is to be filed on behalf of each of the undersigned and
that First Chicago Corporation may file a Schedule 13G pursuant to Rule 13d-1
under the Securities Exchange Act of 1934, and all amendments to such Schedule,
with respect to shares of Common Stock of Pittway Corporation.
Date: February 11, 1994
FIRST CHICAGO CORPORATION
/s/ David P. Bolger
By: _________________________
David P. Bolger
Senior Vice President and
Treasurer
AMERICAN NATIONAL CORPORATION
/s/ Thomas R. Watts
By: _________________________
Thomas R. Watts
Name: _______________________
Senior Vice President
and Chief Financial
Officer
Title: ______________________
AMERICAN NATIONAL BANK AND
TRUST COMPANY OF CHICAGO
/s/ James B. Christensen
By: _________________________
James B. Christensen
Name: _______________________
Second Vice President
Title: ______________________
