HEIN WERNER CORP
SC 13D/A, 1999-04-20
SPECIAL INDUSTRY MACHINERY, NEC
Previous: GREAT NORTHERN IRON ORE PROPERTIES, 10-Q, 1999-04-20
Next: HELLER FINANCIAL INC, 8-K, 1999-04-20




                        UNITED STATES
             SECURITIES AND EXCHANGE COMMISSION
                   Washington, D.C. 20549

                        Schedule 13D

        Under the Securities and Exchange Act of 1934
            (Amendment No. 3                    )
                              


Name of Issuer: Hein-Werner Corp.

Title of Class of Securities: Common

Cusip Number: 423002104

Name,  Address and Telephone Number of Person authorized  to
receive  notices and communications:   Kenneth  E.  Leopold,
Senior Attorney, c/o Neuberger Berman, 605 Third Avenue, NY,
NY 10158

Date of Event  which requires Filing  of this statement: May
29, 1998

If  the  filing person has previously filed a  statement  on
schedule 13g to report the acquisition which is the  subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box
* 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
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).
                              
                        SCHEDULE 13 D

CUSIP NO.  423002104

1.Name of Reporting Person
   S.S. or IRS identification NO. of Above Person
     Marvin Schwartz
     SS # ###-##-####

2.Check the appropriate box if a member of a group*
     a
     b

3. Sec use only

4.Source of funds*
     P.F.O.O.

5.Check  Box if disclosure of legal proceedings is  required
pursuant to items 2(d) or 2(e)
6. Citizenship or place of organization
     U.S.A.

7. Sole Voting Power
     0

8.Shared voting power
     0

9.Sole dispositive power
     0

10. Shared dispositive power
     0

11.  Aggregate  amount beneficially owned by each  reporting
person
     0
12.Check  box  if  the aggregate amount in row  11  excludes
certain shares*

13. Percent of class represented by amount in row 11.
     0%

14.Type of  reporting person*
          IN
ITEM 1 Security and Issuer

This statement related to the common stock (the "shares") of
Hein-Werner  Corp.  (the "Company").   The  Address  of  the
principal  executive  offices of  the  company  is  2120  N.
Pewaukee Rd., P.O. Box 16006, Waukisha, WI  53188.

ITEM 2 Identity and Background

A)  The  name  of  the individual filing this  statement  is
Marvin Schwartz

B) The business address of Marvin Schwartz is: c/o Neuberger
Berman,  LLC, 605 Third Avenue, New York, New  York   10158-
3698.

C) Marvin Schwartz is a Principal of Neuberger  Berman, LLC,
a  limited liability company organized under the laws of the
State  of  Delaware.  Neuberger Berman, LLC is a  registered
broker/dealer   and  registered  investment  advisor   which
conducts   a   general  brokerage,  dealer  and   investment
advisory  business.   This filing is made  by  Mr.  Schwartz
individually  and  not  in  his  capacity  as  Principal  of
Neuberger Berman, LLC.  The shares are held individually  by
Mr.  Schwartz and others.  The firm of Neuberger Berman, LLC
has no voting or dispositive power regarding these shares.

D)  During the last five years Marvin Schwartz has not  been
convicted   in  a  criminal  proceeding(excluding    traffic
violations or similar misdemeanors).

E) During the last five years Marvin Schwartz has not been a
party  to  a  civil proceeding as a result of  which  he  is
subject  to  judgement,  decree or  order  enjoining  future
violations of or prohibiting or mandating activited  subject
to Federal or State securities laws or finding any violation
with respect to such laws.

F) Marvin Schwartz is a United States citizen.


ITEM 3  Source and Amounts of Funds

Marvin Schwartz now owns 0  shares for his personal account.


ITEM 4 Purpose of Transaction

Marvin Schwartz purchased the shares for investment purposes
only.   He does not have any plans or proposals which relate
to  or  would  result  in any of the activities  or  matters
referred to in paragraphs (a) through (j), inclusive of item
4 of Schedule 13D.

ITEM 5 Interest in Securities of the Issuer

A) Marvin Schwartz is the beneficial owner of 0 shares which
represents 0% of the 0 shares outstanding.

B) Marvin Schwartz has the sole power to dispose of 0 shares
and  has  shared dispositive power with regard to 0  shares.
Marvin  Schwartz  has sole voting power  with  regard  to  0
shares and has shared voting power with regard to 0 shares.

C) During the 60 days surrounding the event triggering  this
filing, Marvin Schwartz effected *0 open market transactions
in the shares.

*Mr.  Schwartz tendered a total of  242,818 shares for which
he  received  $12.60 a share. Under the announced  agreement
between  Snap-on Incorporated (SNA) and Hein-Werner Corp.  a
cash tender offer was made for all outstanding common shares
of Hein-Werner Corp.


ITEM 6 Contracts, Agreements, Understandings or Relationship
with Respect to
Securities of Issuer

There are no agreements, contracts or understandings of  any
kind  between  Marvin  Schwartz and any  other  person  with
regard to the shares or the issuer.

ITEM 7 Material to be filed as Exhibits

There are no materials to be filed as exhibits.

Certification

By signing below I certify that, to the best of my knowledge
and  belief,  the  securities referred  to  above  were  not
acquired  and are not held for the purpose of  or  with  the
effect  of changing or influencing the control of the issuer
of  the securities and were not acquired and are not held in
connection  with  or  as a participant  in  any  transaction
having that purpose or effect.

Signatures


After  reasonable inquiry and to the best of  his  knowledge
and  belief,  the undersigned certifies that the information
set forth in this statement is true, complete and correct.



Dated:
                                   Marvin Schwartz





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