<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
WASHINGTON HOMES, INC.
----------------------
(Name of Issuer)
COMMON STOCK
------------
(Title of Class of Securities)
938864 10 5
-----------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [X]. (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>
CUSIP No. 938864 10 5 13G Page 2 of 7 Pages
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Chicago Investment Corporation 36-2727230
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 714,980 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 714,980 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
714,980 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11 9.27%; however, as described herein, the Non-voting Common Stock
held by First Chicago Investment Corporation is only convertible
into Voting Common Stock under certain limited circumstances.
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
- ------------------------------------------------------------------------------
<PAGE>
CUSIP No. 938864 10 5 13G Page 3 of 7 Pages
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Chicago Financial Corporation 36-2793711
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF -0-
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
None except indirectly through a wholly-owned subsidiary as
described herein. See Item 4.
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
-0-
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
- ------------------------------------------------------------------------------
<PAGE>
CUSIP No. 938864 10 5 13G Page 4 of 7 Pages
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Chicago NBD Corporation 38-1984850
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF -0-
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
None except indirectly through one or more subsidiaries as
described herein. See Item 4 hereof.
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
-0-
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
HC CO
- ------------------------------------------------------------------------------
<PAGE>
Item 1(a). Name of Issuer:
--------------
Washington Homes, Inc. (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices:
-----------------------------------------------
1802 Brightseat Road
Landover, Maryland 20785-4235
Item 2(a). Name of Person Filing:
---------------------
First Chicago NBD Corporation ("FCN") is filing this statement on
behalf of itself and First Chicago Investment Corporation ("FCIC")
and First Chicago Financial Corporation ("FCFC"), subsidiaries of
FCN. The agreement of FCN, FCIC and FCFC to file joint disclosure
statements on Schedule 13G is filed as Exhibit A hereto.
Item 2(b). Address of Principal Business Office:
------------------------------------
For FCN, FCIC and FCFC:
One First National Plaza
Chicago, Illinois 60670
Item 2(c). Citizenship:
-----------
FCIC is a corporation organized under the laws of the State of
Illinois. FCN and FCFC are corporations organized under the laws of
the State of Delaware.
Item 2(d). Title of Class of Securities:
----------------------------
Common Stock (the "Common Stock")
Item 2(e). CUSIP Number
------------
938864 10 5
Item 3. Type of Person Filing:
---------------------
Not applicable.
Item 4. Ownership:
---------
(a)-(b) FCIC owns 714,980 shares of the Company's Non-voting Common
Stock (the "Non-voting Common"). The Common Stock and Non-voting
Common Stock are equal in all respects except that the Common Stock
has voting rights and the Non-voting Common Stock does not. The
Non-voting Common Stock is convertible into Common Stock at the
option of the holder thereof on a share-for-share basis in connection
with the occurrence of certain events including: (i) a public
offering or public sale of the Company's
<PAGE>
securities; (ii) a sale of the Company's securities to any person or
group of persons if, after such sale, such person or group of persons
in the aggregate would own or control securities which possess in the
aggregate the ordinary voting power to elect a majority of the
Company's directors; (iii) a sale of securities of the Company to a
person or group of persons if, after such sale, such person or group of
persons would not, in the aggregate, own, control, or have the right to
acquire more than two percent of the outstanding securities of any
class of voting securities of the Company; or (iv) a merger,
consolidation, or similar transactions involving the Company if, after
such transaction, the person or group of persons in the aggregate would
own or control securities which possess the aggregate of the ordinary
voting power to elect the majority of the surviving corporation's
directors. FCIC is prohibited by law from owning more than 5% of the
Common Stock of the Company. FCN may be deemed to own shares of Common
Stock through its direct ownership of FCFC and its indirect ownership
of FCIC. FCFC may be deemed to own shares of Common Stock solely
through its direct ownership of FCIC.
FCN may also be deemed to beneficially own 2,000 shares of Common held
by one or more banking subsidiaries of FCN (the "Banks"). Each of the
Banks is a "Bank" as defined in Section 3(a)(6) of the Act. The Banks
hold such shares solely in a fiduciary capacity.
(c) The Banks have sole voting power over the 2000 shares. See also
items 5 and 9 and item 11 on pages two, three and four hereof.
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 Member of the Group:
--------------------------------------------------------
Not applicable.
Item 9. Notice of Dissolution of Group:
------------------------------
Not applicable.
Item 10. Certification:
-------------
Not applicable.
<PAGE>
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
FIRST CHICAGO NBD CORPORATION
By: /s/ Robert A. Rosholt
-----------------------
Robert A. Rosholt
Executive Vice President and
Chief Financial Officer
FIRST CHICAGO INVESTMENT CORPORATION
By: /s/ Robert A. Rosholt
-------------------------
Robert A. Rosholt
Executive Vice President
FIRST CHICAGO FINANCIAL CORPORATION
By: /s/ Robert A. Rosholt
-------------------------
Robert A. Rosholt
Treasurer
<PAGE>
EXHIBIT A
AGREEMENT
---------
The undersigned hereby agree, pursuant to (S)240.13d-1(f)(1), that the
statement on Schedule 13G (including all amendments thereto) to which this
Agreement is attached is to be filed on behalf of each of the undersigned and
that the First Chicago NBD Corporation may file a Schedule 13G under the
Securities Exchange Act of 1934, and all amendments to such Schedule, with
respect to shares of Common Stock of Washington Homes, Inc
Date: February 12, 1996
FIRST Chicago NBD Corporation
By: /s/ Robert A. Rosholt
------------------------
Robert A. Rosholt
Executive Vice President and
Chief Financial Officer
FIRST CHICAGO INVESTMENT CORPORATION
By: /s/ Robert A. Rosholt
------------------------
Robert A. Rosholt
Executive Vice President
FIRST CHICAGO FINANCIAL CORPORATION
By: /s/ Robert A. Rosholt
------------------------
Robert A. Rosholt
Treasurer
