Item 1(a) Name of Issuer:
General Binding Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
1 GBC Plaza
Northbrook, IL 60062
Item 2(a) Name of Person Filing:
Lane Industries, Inc.
Item 2(b) Address of Principal Business Office:
One Lane Center
Northbrook, IL 60062
Item 2(c) Citizenship:
A Delaware corporation
Item 2(d) Title of Class of Securities:
Common Stock, Par Value $.125 per share
Item 2(e) CUSIP Number:
369154 10 9
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(
b), check whether
the person filing is a:
(a) ( ) Broker of Dealer registered under Section 15 of the Act
(b) ( ) Bank as defined in Section 3(a) (6) of the Act
(c) ( ) Insurance Company as defined in Section 3(a) (19) of the Act
(d) ( ) Investment Company registered under Section 8 of the Invest
ment
Company Act
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(e) ( ) Investment Advised registered under Section 203 of the Inv
estment
Advisers Act of 1940
(f) ( ) Employee Benefit Plan, Pension Fund which is subject to the
provisions of
the Employee Retirement Income Security Act of 1974 or Endo
wment
Fund; see Section 240.13d-1 (b) (1) (ii) (F)
(g) ( ) Parent Holding Company, in accordance with Section 240.13d-
1 (b) (ii)
(G) (Note: See Item 7)
(h) ( ) Group, in accordance with Section 240.13d-1 (b) (1) (ii) (H)
Item 4 Ownership
(a) Amount Beneficially Owned:
shares* (as of December 31, 19 )
(b) Percent of Class:
9,776,834 / 15,766,677** = 62.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote***
(ii) Shared power to vote or to direct the vote***
(iii) Sole power to dispose or to direct the disposition of*
**
(iv) Shared power to dispose or to direct the disposition of***
* Includes shares of the Issuer's Class B Common Stock, p
ar value $.125 per
share, which are convertible into shares of the Issuer's Common Stock, par
value $.125
per share, upon presentation for transfer.
<PAGE>
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 Acquir
ed 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
** Includes the of Class B Common Stock noted above.
*** Lane Industries, Inc. has the sole power to vote and to dispose of the sha
res listen in
Item 4.
