SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
(Amendment No. 8 )(1)
LCS Industries, Inc.
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(Name of Issuer)
Common Stock
Par Value $.01 per share
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(Title of Class of Securities)
501822 20 9
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(CUSIP Number)
Check the following box if a fee is being paid with the 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.)
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(1) 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>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Arnold J. Scheine ###-##-####
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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
NUMBER OF 794,270
SHARES ---------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
EACH ---------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 794,270
WITH ---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
794,270
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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)
17.5%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a): Name of Issuer:
LCS Industries, Inc.
Item 1(b): Address of Issuer's Principal Executive Office:
120 Brighton Road
Clifton, New Jersey 07012-1694
Item 2(a): Name of Persons Filing:
Arnold J. Scheine
Item 2(b): Address of Principal Business Office, or, If none, Residence:
120 Brighton Road
Clifton, New Jersey 07012-1694
Item 2(c): Citizenship:
U.S.A.
Item 2(d): Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e): CUSIP Number:
501822 20 9
Item 3: If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not Applicable.
Item 4: Ownership:
(a) Amount Beneficially Owned on December 31, 1995:
794,270*
(b) Percent of Class (as of December 31, 1995):
17.5%*
<PAGE>
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
794,270*
(ii) shared power to vote or to direct the vote
-0-
(iii) sole power to dispose or to direct the disposition of
794,270
(iv) shared power to dispose or to direct the disposition of
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.
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*Mr. Scheine disclaims ownership of 7,330 shares held by his wife, which are
included in the amount shown. Also included are 314,000 shares subject to stock
options exercisable within 60 days.
<PAGE>
Item 10: Certification:
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as participant in any
transaction having such purposes or effect.
The signature of the filing person constitutes the
agreement of such person that this Amendment No. 8 to Schedule 13G is being
filed on behalf of such person.
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.
Date: February 12, 1996
/s/ Arnold J. Scheine
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Signature
Arnold J. Scheine, President
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Name/Title:
