UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _________)*
MacDermid, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
554273102
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(CUSIP Number)
Check the following line if a fee is being paid with this
settlement ____. (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).
Page 1 of 5
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CUSIP No. 554273102 13G Page 2 of 5
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Shawmut National Corporation (#06-1212629)
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2. CHECK THE APPROPRIATE LINE IF A MEMBER OF A GROUP*
(a)______
(b)__X__
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Connecticut/United States of America
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5. SOLE VOTING POWER
NUMBER OF 15,250 Shares
SHARES
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BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 734,455 Shares
EACH
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REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 15,250 Shares
WITH
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8. SHARED DISPOSITIVE POWER
177,988 Shares
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
749,705 Shares
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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
21.0%
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12. TYPE OF REPORTING PERSON*
HC, BK
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* SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 3 of 5
Item 1(a). Name of Issuer.
MacDermid, Inc.
Item 1(b). Address of Issuer's Principal Executive
Offices.
50 Brookside Road
Waterbury, CT 06708
Item 2(a). Name of Person Filing.
Shawmut National Corporation
Item 2(b). Address of Principal Business Office.
777 Main Street, Hartford, CT 06115
Item 2(c). Citizenship.
United States of America
Item 2(d). Title of Class of Securities.
Common Stock
Item 2(e). CUSIP Number.
554273 10 2
Item 3. Statements Filed Pursuant to Rule 13d-1(b) or
13d-2(b).
The person filing is a:
(b) X Bank has defined in Section 3(a)(b) of
the Act
(g) X Parent Holding Company, in accordance
with s240.13d-1(b)(ii)(G)
Item 4. Ownership. (See Item 6)
(a) Amount beneficially owned (as of
December 31, 1993: 749,705 shares.)
(b) Percent of class: 21.0%
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Page 4 of 5
(c) Number of shares as to which such person
has:
(i) Sole power to vote or to direct
the vote 15,250 shares
(ii) Shared power to vote or to direct
the vote 734,455 shares*
(iii) Sole power to dispose or to direct
the disposition of 15,250 shares
(iv) Shared power to dispose on to direct
the disposition of 177,988 shares
*All shares are held by Shawmut
Bank, N.A. (the "Bank") as Trustee
of the MacDermid Retirement Stock
Ownership Plan (the "Plan"). In
accordance with the terms of the
Plan, these shares are voted in
accordance with instructions given
by employees participating in the
Plan, and may be voted by the Bank
only at the discretion of
MacDermid, Inc.
Item 5. Ownership of Five Percent of Less of a Class.
Not applicable
Item 6. Ownership of More Than Five Percent on Behalf
of Another Person.
All of the shares reported as beneficially
owned under Item 4(a), above, are held by the
Bank in a fiduciary capacity. Shares are
held by the Bank as trustee of the MacDermid,
Inc. Retirement Stock Ownership Plan for the
benefit of employee participants therein.
Item 7. Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding Company.
Shawmut Bank Connecticut, N.A.
Shawmut Bank, N.A.
Item 3 classification: (b) Bank as defined
in Section 3(a)(6) of the Act.
<PAGE>
Page 5 of 5
Item 8. Identification and Classification of Members
of the Group.
Not applicable.
Item 10. Certification.
By signing below we certify that, to the best
of our 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 affect of changing or influencing the
control of the issuer of such securities 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 our knowledge
and belief, we certify that the information set forth in
this statement is true, complete and correct.
SHAWMUT NATIONAL CORPORATION
Date: January 31, 1994 By (Gunnar S. Overstrom) President/COO
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(Name) (Title)
