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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3 )*
Pittway Corporation
Common Stock
725790109
Check the following box if a fee is being paid with their 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 their 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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CUSIP NO. 725790109 PAGE 2 of 4
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Chicago NBD Corporation 38-1984850*
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF 162,339
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
156,854
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
162,339
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
4.1
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TYPE OF REPORTING PERSON*
12
*Unless otherwise disclosed herein, all holdings of the Reporting Person
are indirect through one or more subsidiaries.
HC CO
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sec 1745 (6-80) SEE INSTRUCTION BEFORE FILLING OUT!
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Page 3 of 4
SEC 13G
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13G Amendment No.3
Item 1(a) Name of Issuer:
Pittway Corporation (the "Company")
Item 1(b) Address of Issuer's Principal Executive Offices:
333 Skokie Boulevard
Northbrook, Illinois 60065-3012
Item 2(a) Name of Person filing:
First Chicago NBD Corporation. ("FCN")
Item 2(b) Address of Principal Business Offices:
One First National Plaza
Chicago, Illinois 60670
Item 2(c) Citizenship
Delaware
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP No.:
725790109
Item 3 Type of Person Filing:
(g) FCN is a Parent Holding Company in accordance with
240.13d-1(b)(ii)(g).
Item 4 Ownership:
FCN is deemed to beneficially own shares of Common solely through
its ownership of one or more of its banking subsidiaries as of
12/31/97. The banks hold, solely in a fiduciary capacity, 162,339
shares representing 4.1% of the Company's outstanding Common.
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Page 4 of 4
Item 5 Ownership of 5 percent or less of a Class:
If this statement is being filed to report the fact that as of
the date hereof the Reporting Person has ceased to e the
beneficial owner of more than 5 percent of securities, check the
following [X].
Item 6 Ownership of More than 5 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: See Item 3
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 I certify that to the best of my
knowledge and belief, the securities referred 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 purpose of effect.
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 30, 1998
/s/ Daniel T. Lis
---------------------------------
Daniel T. Lis
Assistant Secretary
First Chicago NBD Corporation
(313) 225-3154
