<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
BWAY CORPORATION*
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
056039-100
- ------------------------------------------------------------------------------
(CUSIP Number)
----------
CUSIP No. 056039-100 Page 1 of 9 Pages
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
PNC Bank Corp. 25-1435979
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization Pennsylvania
Number of Shares 5) Sole Voting Power 347,920
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 0
7) Sole Dispositive Power 357,190
8) Shared Dispositive Power 0
9) Aggregate Amount Beneficially Owned by Each Reporting Person 357,190
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 5.5
12) Type of Reporting Person (See Instructions) HC
* formerly Broadway Standard Holdings Corp.
<PAGE> 2
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
BWAY CORPORATION*
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
056039-100
- ------------------------------------------------------------------------------
(CUSIP Number)
----------
CUSIP No. 056039-100 Page 2 of 9 Pages
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
above persons
PNC Bancorp, Inc. 51-0326854
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization Delaware
Number of Shares 5) Sole Voting Power 347,920
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 0
7) Sole Dispositive Power 357,190
8) Shared Dispositive Power 0
9) Aggregate Amount Beneficially Owned by Each Reporting Person 357,190
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 5.5
12) Type of Reporting Person (See Instructions) HC
* formerly Broadway Standard Holdings Corp.
<PAGE> 3
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
BWAY CORPORATION*
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
056039-100
- ------------------------------------------------------------------------------
(CUSIP Number)
----------
CUSIP No. 056039-100 Page 3 of 9 Pages
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
PNC Bank, National Association 22-1146300+
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization United States
Number of Shares 5) Sole Voting Power 347,920
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 0
7) Sole Dispositive Power 357,190
8) Shared Dispositive Power 0
9) Aggregate Amount Beneficially Owned by Each Reporting Person 357,190
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 5.5
12) Type of Reporting Person (See Instructions) BK
* formerly Broadway Standard Holdings Corp.
+ Reflects the September 6, 1996 merger of PNC Bank, National Association with
and into Midlantic Bank, National Association, with the surviving bank
continuing under the name "PNC Bank, National Association."
<PAGE> 4
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
BWAY CORPORATION*
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
056039-100
- ------------------------------------------------------------------------------
(CUSIP Number)
----------
CUSIP No. 056039-100 Page 4 of 9 Pages
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
PNC Asset Management Group, Inc. 23-2784752
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization Delaware
Number of Shares 5) Sole Voting Power 347,920
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 0
7) Sole Dispositive Power 357,190
8) Shared Dispositive Power 0
9) Aggregate Amount Beneficially Owned by Each Reporting Person 357,190
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 5.5
12) Type of Reporting Person (See Instructions) IA
* formerly Broadway Standard Holdings Corp.
<PAGE> 5
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
BWAY CORPORATION*
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
056039-100
- ------------------------------------------------------------------------------
(CUSIP Number)
----------
CUSIP No. 056039-100 Page 5 of 9 Pages
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
Provident Capital Management, Inc. 23-2083823
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization Pennsylvania
Number of Shares 5) Sole Voting Power 347,920
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 0
7) Sole Dispositive Power 357,190
8) Shared Dispositive Power 0
9) Aggregate Amount Beneficially Owned by Each Reporting Person 357,190
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 5.5
12) Type of Reporting Person (See Instructions) IA
* formerly Broadway Standard Holdings Corp.
<PAGE> 6
ITEM 1(a) - NAME OF ISSUER:
BWAY Corporation
ITEM 1(b) - ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
8607 Roberts Dr., Suite 250, Atlanta, GA 30350
ITEM 2(a) - NAME OF PERSON FILING:
PNC Bank Corp.; PNC Bancorp, Inc.; PNC Bank, National Association; PNC Asset
Management Group, Inc; and Provident Capital Management, Inc.
ITEM 2(b) - ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE:
PNC Bank Corp., One PNC Plaza, 249 5th Avenue, Pittsburgh, PA 15222-2707
PNC Bancorp, Inc., 222 Delaware Avenue, Wilmington, DE 19899
PNC Bank, National Association, One PNC Plaza, 249 Fifth Avenue,
Pittsburgh, PA 15222-2707
PNC Asset Management Group, Inc., 1600 Market Street, 29th Floor,
Philadelphia, PA 19103
Provident Capital Management, Inc., 1600 Market Street, 29th Floor,
Philadelphia, PA 19103
ITEM 2(c) - CITIZENSHIP:
PNC Bank Corp. - Pennsylvania
PNC Bancorp, Inc. - Delaware
PNC Bank, National Association-United States
PNC Asset Management Group, Inc.-Delaware
Provident Capital Management, Inc.-Pennsylvania
ITEM 2(d) - TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e) - CUSIP NUMBER:
056039-100
<PAGE> 7
ITEM 3 - IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), or 13d-2(b),
CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under Section 15 of the Act,
(b) [ X ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act,
(d) [ ] Investment Company registered under Section 8 of the Investment
Company Act,
(e) [ X ] Investment Adviser registered under Section 203 of the Investment
Advisers Act of 1940,
(f) [ ] Employee Benefit Plan, pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of 1974
or Endowment Fund,
(g) [ X ] Parent Holding Company, in accordance with Rule 13d-(b)(ii)(G),
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
ITEM 4 - OWNERSHIP:
The following information is as of December 31, 1996:
(a) Amount Beneficially Owned: 357,190 shares
(b) Percent of Class: 5.5
(c) Number of shares to which such person has:
(i) sole power to vote or to direct the vote 347,920
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 357,190
(iv) shared power to dispose or to direct the disposition of 0
<PAGE> 8
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:
Included are the following subsidiaries of PNC Bank Corp. - HC:
PNC Bancorp, Inc. - HC (wholly owned subsidiary of PNC Bank Corp.)
PNC Bank, National Association - BK (wholly owned subsidiary of
PNC Bancorp, Inc.)
PNC Asset Management Group, Inc. - IA (wholly owned subsidiary of
PNC Bank, National Association)
Provident Capital Management, Inc. (wholly owned subsidiary of
PNC Asset Management Group, Inc.)
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 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.
<PAGE> 9
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.
February 14, 1997
--------------------------------------------
Date
/s/ ROBERT L. HAUNSCHILD
--------------------------------------------
Signature - PNC Bank Corp.
Robert L. Haunschild, Senior Vice President and
Chief Financial Officer
-----------------------------------------------
Name/Title
February 14, 1997
--------------------------------------------
Date
/s/ PAUL L. AUDET
--------------------------------------------
Signature - PNC Bancorp, Inc.
Paul L. Audet, Vice President
--------------------------------------------
Name/Title
February 14, 1997
--------------------------------------------
Date
/s/ THOMAS R. MOORE
--------------------------------------------
Signature - PNC Bank, National Association
Thomas R. Moore, Vice President and
Assistant Secretary
--------------------------------------------
Name/Title
February 14, 1997
--------------------------------------------
Date
/s/ BRIAN F. LILLY
--------------------------------------------
Signature - PNC Asset Management Group, Inc.
Brian F. Lilly, Financial Officer and Treasurer
-----------------------------------------------
Name/Title
February 14, 1997
--------------------------------------------
Date
/s/ YOUNG D. CHIN
--------------------------------------------
Signature - Provident Capital Management, Inc.
Young D. Chin, President
--------------------------------------------
Name/Title
An Agreement to file a joint statement was previously filed as Exhibit A to
the Schedule 13G filed on February 12, 1996.
