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CUSIP NO. 13G PAGE 1 OF 5 PAGES
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13D-102)
Information to be included in Statements filed pursuant to
Rules 13d-1(b), (c), and (d) and Amendments thereto
filed pursuant to Rule 13d-2(b)
(Amendment No. ________)1
GENERAL BINDING CORPORATION
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(Name of Issuer)
Common Stock, par value per share
COMMON STOCK, $.125 PAR VALUE
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(Title of Class of Securities)
369154 10 9
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(CUSIP Number)
12/31/99 ANNUAL STATEMENT
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[_] Rule 13d-1(d)
1 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 on 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. 369154 10 9 13G PAGE 2 OF 5 PAGES
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1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Lane Industries, Inc. 36-2668230
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2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
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3 SEC Use Only
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4 Citizenship or Place of Organization
Delaware
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Number of
5 Sole Voting Power
Shares 9,883,235
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Beneficially 6 Shared Voting Power
0
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each 9,883,235
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Reporting 8 Shared Dispositive Power
0
Person With
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
9,883,235
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
Not Applicable
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11 Percent of Class Represented by Amount in Row (9)
62.81%
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12 Type of Reporting Person (See Instructions)
CO.
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Page 3 of 5 Pages
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
Investment Company Act
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Page 4 of 5 Pages
(e) ( ) Investment Advised registered under Section 203 of the
Investment 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 Endowment 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:
9,883,235 shares (as of December 31, 1999)
(b) Percent of Class:
9,883,235/15,732,759 = 62.81%
(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***
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* Includes shares of the Issuer's Class B Common Stock, par value $.125 per
share, which are convertible into shares of the Issuer's Common Stock, par
value $.125 per share, upon presentation for transfer.
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Page 5 of 5 Pages
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.
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.
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** Includes the of Class B Common Stock noted above.
*** Lane Industries, Inc. has the sole power to vote and to dispose of the
shares listed in Item 4.
