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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
Louisiana-Pacific Corporation
(Name of Issuer)
Common Stock, $1 par value
(Title of Class of Securities)
546347 10 5
(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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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Louisiana-Pacific Salaried Employee Stock Ownership
Trust
93-6083226
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Oregon
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
2,152,905
6 SHARED VOTING POWER
-0-
7 SOLE DISPOSITIVE POWER
-0-
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,152,905
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
Not applicable
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.99 percent
12 TYPE OF REPORTING PERSON*
EP
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Louisiana-Pacific Hourly Employee Stock Ownership Trust
93-0997550
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Oregon
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
3,552,009
6 SHARED VOTING POWER
-0-
7 SOLE DISPOSITIVE POWER
-0-
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,552,009
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
Not applicable
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.28 percent
12 TYPE OF REPORTING PERSON*
EP
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1(a) Name of Issuer:
Louisiana-Pacific Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
111 S.W. Fifth Avenue
Portland, Oregon 97204
Item 2(a) Name of Person Filing:
Louisiana-Pacific Salaried Employee Stock Ownership Trust
("Salaried ESOT") and Louisiana-Pacific Hourly Employee
Stock Ownership Trust ("Hourly ESOT")
Item 2(b) Address of Principal Business Office or, if none,
Residence:
111 S.W. Fifth Avenue
Portland, Oregon 97204
Item 2(c) Citizenship:
The filing persons are trusts organized under the laws of the
state of Oregon.
Item 2(d) Title of Class of Securities:
Common Stock, $1 Par Value
Item 2(e) CUSIP Number:
546347 10 5
Item 3 If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person filing is a:
(f) x Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund
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Item 4 Ownership
The following information is as of December 31, 1995:
(a) Amount Beneficially Owned:
2,152,905 shares by the Salaried ESOT.
3,552,009 shares by the Hourly ESOT.
(b) Percent of Class:
The shares held by the Salaried ESOT represent
1.99 percent of the class.
The shares held by the Hourly ESOT represent 3.28
percent of the class.
(c) Number of shares as to which the Salaried ESOT has:
(i) Sole power to vote or to direct the vote: 2,152,905
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 0
Number of shares as to which the Hourly ESOT has:
(i) Sole power to vote or to direct the vote: 3,552,009
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 0
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:
Employees of Louisiana-Pacific Corporation with accounts under
the Salaried ESOT or the Hourly ESOT are the beneficiaries of
the trusts and will receive distribution of their accounts upon
termination of employment. These accounts will include
dividends on, or the proceeds from the sale of, securities
which have been allocated to them pursuant to the respective
trusts.
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:
By signing below the undersigned certify that, to the best of
their 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 a
participant in any transaction having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief
of the undersigned, the undersigned certify that the information set
forth in this statement is true, complete, and correct.
The Louisiana-Pacific Salaried Employee Stock Ownership Trust and the
Louisiana-Pacific Hourly Employee Stock Ownership Trust each hereby
disclaims beneficial ownership of the securities held by it in a
fiduciary capacity as set forth in this Schedule 13G.
January 26, 1996
(Date)
LOUISIANA-PACIFIC SALARIED
EMPLOYEE STOCK OWNERSHIP TRUST
By /s/Gary R. Maffei, Trustee
Gary R. Maffei, Trustee
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LOUISIANA-PACIFIC HOURLY
EMPLOYEE STOCK OWNERSHIP TRUST
By /s/Gary R. Maffei, Trustee
Gary R. Maffei, Trustee
ATTENTION: Intentional misstatements or omissions of fact constitute
federal criminal violations (See 18 USC 1001)
