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Amendment 14 to Schedule 13D
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 14)*
LAWTER INTERNATIONAL, INC.
(Name of Issuer)
Common Stock, $1.00 Par Value
(Title of Class of Securities)
520786104
(CUSIP Number)
Steven E. Ducommun
Bell, Boyd & Lloyd
70 West Madison Street, Suite 3200
Chicago, IL 60602 (312) 372-1121
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 11, 1995
(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 ( ).
Check the following box if a fee is being paid with the statement ( ). (A fee
is not required only if the reporting 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.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
* 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).
Page 1 of 4 Pages
<PAGE>
SCHEDULE 13D
CUSIP No. 520786104
Page 2 of 4 Pages
1 NAME OF REPORTING PERSON: Daniel J. Terra
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: Not applicable
a ( ) b ( )
3 SEC USE ONLY
4 SOURCE OF FUNDS: PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(E): ( ) None
6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER: 11,784,688
8 SHARED VOTING POWER: 0
9 SOLE DISPOSITIVE POWER: 11,784,688
10 SHARED DISPOSITIVE POWER: 0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 11,784,688
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: ( )
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 26.24%
14 TYPE OF REPORTING PERSON: IN
<PAGE>
SCHEDULE 13D
CUSIP No. 520786104
Page 3 of 4 Pages
Introduction
This Amendment No. 14 to the Schedule 13D filed on July 25, 1986, as
previously amended (the "Schedule 13D"), relating to shares of Common Stock,
$1.00 par value (the "Common Stock") of Lawter International, Inc., a Delaware
corporation (the "Company"), restates the original Schedule 13D and the
amendments thereto, in compliance with the requirements of Rule
101(a)(2)(ii) of Regulation S-T and Rule 13d-2(c).
Item 5. Interest in Securities of the Issuer.
(a) Mr. Terra beneficially owns 11,784,688 shares representing
26.24% of the total Common Stock issued and outstanding on January 11, 1995.
Disclaimer of Beneficial Ownership
Daniel J. Terra disclaims beneficial ownership of any shares of
the Common Stock held by the Terra Foundation For The Arts (formerly, the
Terra Museum of American Art), founded by him and of which he is a
director, the president and treasurer. Currently, the Museum owns 877,152
shares of Common Stock acquired on various dates. These shares are not
included among the shares of Common Stock reported herein. Mr. Terra also
disclaims beneficial ownership of the 39,166 shares of Common Stock owned
by his wife, Judith Terra.
(b) Daniel J. Terra holds sole voting and disposition powers over
11,322,788 shares of the Common Stock.
(c) Except as otherwise described herein, Mr. Terra has NOT engaged
in any transaction in the Common Stock during the past 60 days. The following
table provides the date of purchase, number of shares of Common Stock, net price
per share, and type of purchase of the shares being reported herein.
Date Number Approximate
of Purchase of Shares Per Share Price Type of Purchase
- - ----------- --------- --------------- ----------------
11/17/94 10,000 $12.125 Open Market
11/25/94 31,800 $11.9929 Open Market
11/28/94 10,000 $11.925 Open Market
11/30/94 25,000 $11,975 Open Market
12/1/94 13,000 $11.875 Open Market
12/6/94 6,700 $11.7985 Open Market
12/7/94 35,000 $12.0714 Open Market
12/8/94 16,300 $12.24 Open Market
12/9/94 16,000 $12.0469 Open Market
12/12/94 3,000 $12.00 Open Market
12/13/94 6,000 $11.75 Open Market
12/14/94 60,000 $11.75 Open Market
12/15/94 55,000 $11.5227 Open Market
12/16/94 30,000 $11.5833 Open Market
12/27/94 16,000 $12.0781 Open Market
12/29/94 47,100 $11.7582 Open Market
12/30/94 35,000 $12.125 Open Market
01/04/95 10,000 $12.0625 Open Market
01/04/95 10,000 $12.125 Open Market
01/06/95 1,000 $11.75 Open Market
01/09/95 15,000 $11.875 Open Market
01/11/95 10,000 $11.875 Open Market
<PAGE>
Page 4 of 4 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.
Dated: January 12, 1995 /s/ Daniel J. Terra
- - ----------------------------- ----------------------------------------
Date Signature
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END AMENDMENT 14
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