SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
Wyant Corporation.
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(Name of Issuer)
Common Stock, Par Value $.01 Per Share
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(Title of Class of Securities)
441069101
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(CUSIP Number)
Donald C. MacMartin
Wood Wyant Inc.
1475 32nd Avenue
Lachine, Quebec H8T 3J1
(514) 636-9926
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
With a copy to:
Kenneth E. Adelsberg, Esq.
Winthrop, Stimson, Putnam & Roberts
One Battery Park Plaza
New York, New York 10004-1490
(212) 858-1000
November 6, 1997
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(Date of Event which Requires
Filing of this Statement)
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: /_/
(Continued on following pages)
(Page 1 of 4 Pages)
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CUSIP No. 46047F 10 4 13D Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
I.R.S IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Donald C. MacMartin
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
N/A
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
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NUMBER OF 7 SOLE VOTING POWER
SHARES 18,300 shares, plus rights to acquire an additional 73,750
shares through exercise of options
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
PERSON 18,300 shares, plus rights to acquire an additional 73,750
shares through exercise of options
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WITH 10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,300 shares, plus rights to acquire an additional 73,750 shares
through exercise of options
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT ON ROW (11)
5.2%
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14 TYPE OF REPORTING PERSON
IN
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CUSIP No. 46047F 10 4 13D Page 3 of 4 Pages
Item 1. Security and Issuer.
The class of equity securities to which this statement relates is the
common stock, par value $.01 per share (the "Common Stock"), of Wyant
Corporation, a New York corporation (the "Company"). The Company's principal
executive office is located at 100 Readington Road, Somerville, New Jersey
08876.
Item 2. Identity and Background.
This statement is being filed on behalf of the following filing person
pursuant to Rule 13d-1 of the Securities Exchange Act of 1934, as amended.
Donald C. MacMartin. Mr. MacMartin is the Chairman of the Board of
Directors, President and Chief Executive Officer of the Company, and his
principal business address is 1475 32nd Avenue, Lachine, Quebec H8T 3J1. Mr.
MacMartin is a citizen of Canada.
Mr. MacMartin has not, during the last five years, been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors). Mr.
MacMartin has not, during the last five years, been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, Federal or State securities laws or finding any violations with
respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
See Item 4.
Item 4. Purpose of Transaction.
The purpose of the acquisition of securities of the Company is
investment. In connection with his duties as President and Chief Executive
Officer of the Company, Mr. MacMartin has received options to purchase 73,750
shares of Common Stock. Mr. MacMartin currently holds 18,300 shares of Common
Stock, plus options to purchase an additional 73,750 shares of Common Stock. Mr.
MacMartin has no plans or proposals of the type described in Item 4.
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CUSIP No. 46047F 10 4 13D Page 4 of 4 Pages
Item 5. Interest in Securities of the Issuer.
(a) As of the close of business on November 17, 1997, Mr. MacMartin
beneficially owned 18,300 shares of Common Stock, and beneficially owned options
to purchase an additional 73,750 shares of Common Stock. The shares of Common
Stock owned by Mr. MacMartin, together with the additional shares of Common
Stock obtainable pursuant to the exercise of the options held by Mr. MacMartin,
represents approximately 5.2% of the outstanding shares of Common Stock, based
on 1,703,676 shares of Common Stock outstanding, plus 73,750 shares of Common
Stock issuable pursuant to the exercise of the options held by Mr. MacMartin.
(b) Mr. MacMartin has sole power to direct the vote and the
disposition of the securities referenced in clause (a) above.
(c) Mr. MacMartin has not effected any transactions in shares of Common
Stock during the past 60 days, other than the purchase of 2,500 shares of Common
Stock at $5.625 per share on October 2, 1997.
(d) No other person is known to have the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the sale of, such
shares of Common Stock.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
N/A
Item 7. Material to be Filed as Exhibits.
N/A
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
DATED: November 17, 1997 /s/ Donald C. MacMartin
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Donald C. MacMartin
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