UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5 )*
Guilford Mills, Inc.
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(Name of Issuer)
Common Stock, par value $.02 per share
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(Title of Class of Securities)
401794 10 2
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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. 401794 10 2 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles A. Hayes
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
1,109,473.805
NUMBER OF ----- -------------------------------------------
SHARES BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH REPORTING
PERSON WITH
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7 SOLE DISPOSITIVE POWER
1,107,697
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8 SHARED DISPOSITIVE POWER
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,109,473.805
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.9%
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12 TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTION BEFORE FILLING OUT!
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Page 3 of 5 Pages
Item 1(a). Name of Issuer:
Guilford Mills, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
4925 West Market Street
Greensboro, N.C. 27407
Item 2(a). Name of Person Filing:
Charles A. Hayes
Item 2(b). Address or Principal Business Office or, if none, Residence:
4925 West Market Street
Greensboro, N.C. 27407
Item 2(c). Citizenship:
United States of America
Item 2(d). Title of Class of Securities:
Common Stock, $.02 Par Value
Item 2(e). CUSIP Number:
401794 10 2
Item 3. Not Applicable
Item 4. Ownership:
(a) Amount Beneficially Owned:
1,109,473.805 shares (1) (2)
(b) Percent of Class:
7.9%
(c) Number of Shares as to which such person has:
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(i) Sole power to vote or direct the vote 1,109,473.805 (1)
(ii) Shared power to vote or direct the vote -0-
(iii) Sole power to dispose or to direct the disposition of
1,107,697 (1)
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Page 4 of 5 Pages
(iv) Shared power to dispose or to direct the disposition of -0- (3)
(1) Includes 17,500 shares which Mr. Hayes has the right to
acquire, under the Guilford Mills, Inc. 1991 Stock Option
Plan, beneficial ownership of within 60 days as specified in
Rule 13d-3(d)(1), promulgated under the Securities Exchange
Act of 1934, as amended.
(2) Includes 1,776.805 shares held in Mr. Hayes' account
pursuant to the Guilford Mills, Inc. Employee Stock
Ownership Plan ("ESOP").
(3) Mr. Hayes has neither sole nor shared dispositive power with
respect to shares held in his ESOP account.
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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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Page 5 of 5 Pages
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 14, 1996
Date
Signature
Charles A. Hayes
Name
