GLATFELTER P H CO
SC 13G/A, 1996-02-13
PAPER MILLS
Previous: GLATFELTER P H CO, SC 13G, 1996-02-13
Next: GLOBAL MARINE INC, SC 13G/A, 1996-02-13



<PAGE>
 
184865.001(B&F)

                                         ----------------------------
                                          OMB APPROVAL
                                          --------------------------
             UNITED STATES                OMB Number: 3235-0145
   SECURITIES AND EXCHANGE COMMISSION     Expires:  October 31, 1994
          WASHINGTON, DC 20549            Estimated average burden
                                          hours per response...14.90
                                         ----------------------------



                                 SCHEDULE 13G


                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
                              (AMENDMENT NO. 14)*

                           P. H. GLATFELTER COMPANY
- - --------------------------------------------------------------------------------
                               (Name of Issuer)

                                 Common Stock
- - --------------------------------------------------------------------------------
                        (Title of Class of Securities)



                                  377316 10 4
                             ---------------------
                                (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).

                               Page 1 of 6 pages
<PAGE>
 
- - -----------------------                                  ---------------------
 CUSIP NO. 377316 10 4                 13G                 PAGE 2 OF 6 PAGES
- - -----------------------                                  ---------------------
 
- - ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                          
            Philip H. Glatfelter III      S.S. # ###-##-####
- - ------------------------------------------------------------------------------
      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
- - ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5     
                             None
                   -----------------------------------------------------------
     NUMBER OF            SHARED VOTING POWER
      SHARES         6    
   BENEFICIALLY              6,213,481**
     OWNED BY      -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
    REPORTING        7     
      PERSON                 None
       WITH        -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
                     8    
                             6,213,481**
- - ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9    
            9,712,645**
- - ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10                  
                                     [X] 

- - ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11    
            22.4%
- - ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
            IN
- - ------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!

**See Item 4 below.
<PAGE>
 
                                 SCHEDULE 13G



ITEM 1.

          (a)  Name of Issuer:

               P. H. Glatfelter Company
               -----------------------------------------------------------------

          (b)  Address of Issuer's Principal Executive Offices:

               228 South Main Street
               Spring Grove, PA  17362
               -----------------------------------------------------------------
 

ITEM 2.

          (a)  Name of Person Filing:

               Philip H. Glatfelter III
               -----------------------------------------------------------------
 

          (b)  Address of Principal Business Office or, if none, Residence:

               228 South Main Street
               Spring Grove, PA  17362
               -----------------------------------------------------------------


          (c)  Citizenship:

               United States
               -----------------------------------------------------------------


          (d)  Title of Class of Securities:

               Common Stock
               -----------------------------------------------------------------


          (e)  CUSIP Number:

               377316 10 4
               -----------------------------------------------------------------
 

                               Page 3 of 6 pages
<PAGE>
 
ITEM 3.   IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B),
          CHECK WHETHER THE PERSON FILING IS A:

          Not Applicable

ITEM 4.   OWNERSHIP.

          Amount Beneficially Owned:

           9,712,645*
          ----------------------------------------------------------------------

          * Mr. Glatfelter has the right to acquire 5,337,210 of the shares
          included in this number, of which 1,838,046 are also included below in
          the number of shares as to which he exercises shared voting and
          dispositive power. Mr. Glatfelter disclaims beneficial ownership of
          139,080 shares owned by his wife, which are not included in this
          number. All shares beneficially owned by Mr. Glatfelter are subject to
          the P. H. Glatfelter Family Shareholders' Voting Trust dated July 1,
          1993, however, Mr. Glatfelter may withdraw any or all of such shares
          from the Voting Trust subject to certain conditions. Shares
          beneficially owned by other Glatfelter family members are also subject
          to the Voting Trust.


          Percent of Class:

          22.4%
          ----------------------------------------------------------------------

          Number of shares as to which such person has:

            (i)  sole power to vote or to direct the vote: None
                                                           ---------------------

           (ii)  shared power to vote or to direct the vote: 6,213,481
                                                             -------------------

          (iii)  sole power to dispose or to direct the disposition of: None
                                                                        --------
           (iv)  shared power to dispose or to direct the disposition of:
                 6,213,481
                 ---------------------------------------------------------------

                               Page 4 of 6 pages
<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:

          The beneficiaries of the trusts of which Philip H. Glatfelter III is
          co-trustee collectively have the right to receive dividends from more
          than 5% of the outstanding shares of Common Stock of P. H. Glatfelter
          Company.


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

                               Page 5 of 6 pages
<PAGE>
 
                                   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 7, 1996                              /s/ Philip H. Glatfelter III
                                         ---------------------------------------
Date                                                    Signature


                                                PHILIP H. GLATFELTER III
                                         ---------------------------------------
                                                        Name/Title

                               Page 6 of 6 pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission