SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
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SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENT THERETO FILED PURSUANT TO 13d-2(a)
(AMENDMENT NO. 4)
SCHAWK, INC.
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(Name of Issuer)
CLASS A COMMON STOCK, $.008 PAR VALUE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
806373-10-6
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(CUSIP Number)
John T. McEnroe, Esq.
Vedder, Price, Kaufman & Kammholz
222 North LaSalle Street, Chicago, IL 60601
(312) 609-7885
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
February 9, 1998
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box [ ]
(CONTINUED ON NEXT PAGE)
(PAGE 1 OF 13 PAGES)
<PAGE>
CUSIP NO. 806373-10-6 13D PAGE 2 OF 13 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Clarence W. Schawk
S.S. ####-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
10,246,204 (including 109,560 shares
subject to options presently exercisable
or exercisable within 60 days)
NUMBER OF SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY EACH
REPORTING PERSON 0
WITH ----------------------------------------------------
9. SOLE DISPOSITIVE POWER
11,423,502 (including 109,560 shares
subject to options presently exercisable
or exercisable within 60 days)
----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,246,204 (including 109,560 shares subject to options
presently exercisable or exercisable within 60 days)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
46.4%
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14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 2 of 92
<PAGE>
CUSIP NO. 806373-10-6 13D PAGE 3 OF 13 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David A. Schawk
S.S. ####-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
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3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7. SOLE VOTING POWER
1,504,466 (includes 126,060 shares
subject to options presently exercisable
or exercisable within 60 days)
NUMBER OF SHARES ---------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY EACH
REPORTING PERSON 0
WITH ---------------------------------------------------
9. SOLE DISPOSITIVE POWER
1,412,793 (includes 126,060 shares
subject to options presently exercisable
or exercisable within 60 days)
---------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,504,466 (includes 126,060 shares subject to options
presently exercisable or exercisable within 60 days)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.8%
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14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 2 of 92
<PAGE>
CUSIP NO. 806373-10-6 13D PAGE 4 OF 13 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cathy Ann Schawk
S.S. ####-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7. SOLE VOTING POWER
1,098,871 shares
NUMBER OF SHARES ---------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY EACH
REPORTING PERSON 0
WITH ---------------------------------------------------
9. SOLE DISPOSITIVE POWER
809,371 shares
---------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,098,871 shares
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.0%
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14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 2 of 92
<PAGE>
CUSIP NO. 806373-10-6 13D PAGE 5 OF 13 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
A. Alex Sarkisian
S.S. ####-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7. SOLE VOTING POWER
1,339,223 (including 57,626 shares
subject to options presently exercisable
or exercisable within 60 days)
NUMBER OF SHARES ---------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY EACH
REPORTING PERSON 0
WITH ---------------------------------------------------
9. SOLE DISPOSITIVE POWER
873,446 shares (including 57,626 shares
subject to options presently exercisable
or exercisable within 60 days)
---------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,339,223 shares (including 57,626 shares subject to options
presently exercisable or exercisable within 60 days)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.1%
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14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 2 of 92
<PAGE>
CUSIP NO. 806373-10-6 13D PAGE 6 OF 13 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SGK Investments Limited Partnership
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7. SOLE VOTING POWER
0
NUMBER OF SHARES ---------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY EACH
REPORTING PERSON 0
WITH ---------------------------------------------------
9. SOLE DISPOSITIVE POWER
9,194,822
---------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,194,822
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41.8%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 2 of 92
<PAGE>
INTRODUCTION
The purpose of this Amendment No. 4 is to reflect the changes in
beneficial ownership as a result of the sale of the Company's Class A Common
Stock by certain Reporting Persons, as set forth in the Prospectus dated
February 3, 1998 (the "Prospectus") included in the Company's Registration
Statement on Form S-2 (No. 333-39113) filed with the Securities and Exchange
Commission, and to terminate the filing status of the Clarence W. and Marilyn G.
Schawk Family Foundation as a Reporting Person.
ITEM 1. SECURITY AND ISSUER.
This statement relates to shares of Class A Common Stock, par value
$.008 per share, of Schawk, Inc. The principal executive offices of the Company
are located at Schawk, Inc., 1695 River Road, Des Plaines, Illinois 60018.
Page 7 of 13 Pages
<PAGE>
ITEM 2. IDENTITY AND BACKGROUND.
1. (a) Clarence W. Schawk
(b) Business Address:
1695 River Road
Des Plaines, Illinois 60018
(c) Principal Occupation:
Chairman of the Board
Schawk, Inc.
1695 River Road
Des Plaines, Illinois 60018
(d) See Paragraph 6 below
(e) See Paragraph 6 below
(f) United States
2. (a) David A. Schawk
(b) Business Address:
1695 River Road
Des Plaines, Illinois 60018
(c) Principal Occupation:
Chief Executive Officer and President
Schawk, Inc.
1695 River Road
Des Plaines, Illinois 60018
(d) See Paragraph 6 below
(e) See Paragraph 6 below
(f) United States
3. (a) Cathy Ann Schawk
(b) Business Address:
1695 River Road
Des Plaines, Illinois 60018
(c) Principal Occupation:
(d) See Paragraph 6 below
(e) See Paragraph 6 below
(f) United States
4. (a) A. Alex Sarkisian
(b) Business Address:
1695 River Road
Des Plaines, Illinois 60018
Page 8 of 13 Pages
<PAGE>
(c) Principal Occupation:
Executive Vice President and Corporate Secretary
Schawk, Inc.
1695 River Road
Des Plaines, Illinois 60018
(d) See Paragraph 6 below
(e) See Paragraph 6 below
(f) United States
5. The SGK Investments Limited Partnership (the "Schawk Family
Partnership"), a Delaware limited partnership, is a family investment limited
partnership with its principal office located at Route 1, Box 361B, Fontana,
Wisconsin. The managing general partner of the Schawk Family Partnership is
Clarence W. Schawk. For information regarding Clarence W. Schawk, see Paragraph
1 above.
6. During the last five years none of the Reporting Persons has been
convicted in a criminal proceeding (excluding traffic violations and similar
misdemeanors); nor has any of the aforementioned Reporting Persons, during the
last five years, been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, Federal or
State securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Not applicable.
ITEM 4. PURPOSE OF TRANSACTION.
The purpose of the sale of Class A Common Stock by the Reporting
Persons as set forth in the Prospectus was to liquidate for cash a portion of
their holdings and to increase the public float for the Company's Class A Common
Stock.
Except as set forth in this Item 4, or elsewhere in this Amendment No.
4, none of the Reporting Persons have any present plans or proposals that relate
to or would involve: (i) the
Page 9 of 13 Pages
<PAGE>
acquisition by any person of additional securities of Schawk or the disposition
of securities of Schawk, except for purchases pursuant to the Company's dividend
reinvestment plan, employee stock purchase plan or in the open market for a
personal account; (ii) an extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving Schawk; (iii) a sale or transfer of a
material amount of assets of Schawk; (iv) any change in the present Board of
Directors or management of Schawk, including any plans or proposals to change
the number or term of directors or to fill any existing vacancies on the Board;
(v) any material change in the present capitalization or dividend policy of
Schawk; (vi) any other material change in Schawk's business or corporate
structure; (vii) changes in Schawk's certificate of incorporation, regulations
or instruments corresponding thereto or other actions which may impede the
acquisition of control of Schawk by any person; (viii) causing a class of
securities of Schawk to be delisted from a national securities exchange or to
cease to be authorized to be quoted in an inter-dealer quotation system of a
registered national securities association; (ix) a class of equity securities of
Schawk becoming eligible for termination of registration pursuant to Section
12(g)(4) of the Securities Exchange Act of 1934, as amended; or (x) any action
similar to any of those enumerated above.
The Reporting Persons reserve the right to determine in the future to
change the purpose or purposes described above.
ITEM 5. INTEREST IN SECURITIES OF ISSUER
(a) The aggregate number and percentage of shares of Class A Common
Stock of the Company beneficially owned by each of the Reporting Persons are as
follows:
<TABLE>
<CAPTION>
PERCENT OF CLASS
AMOUNT OF BENEFICIAL OUTSTANDING AS OF
NAME OF BENEFICIAL OWNER OWNERSHIP (1) FEBRUARY 17, 1998
- ------------------------ -------------------- -----------------
<S> <C> <C>
Clarence W. Schawk 10,246,204(2) 46.4%
David A. Schawk 1,504,466(3) 6.8
Cathy Ann Schawk 1,098,871(4) 5.0
A. Alex Sarkisian 1,339,223(5)(6) 6.1
SGK Investments Limited 9,194,822(7) 41.8
Partnership
</TABLE>
- ----------
(1) Unless otherwise indicated, beneficial ownership is direct and the
person indicated has sole voting and investment power.
(2) Includes currently exercisable options to purchase 109,560 shares;
630,313 shares held directly by Mr. Schawk's wife; and 8,017,524 shares
held by the Schawk Family Partnership, with respect to which Clarence
W. Schawk or his wife has voting power. Clarence W. Schawk is the
managing general partner of the Schawk Family Partnership and has
investment power with respect to all of the 9,194,822 Shares of Class A
Common Stock held by the Schawk Family Partnership. Does not include
1,177,298 shares held by the Schawk Family Partnership for which
Clarence W. Schawk does not have voting power, shares beneficially
owned by Clarence W. Schawk's son David A. Schawk, or shares
beneficially owned by Clarence W. Schawk's daughters Cathy Ann Schawk,
Judith Lynn Gallo and Lisa Beth
Page 10 of 13 Pages
<PAGE>
Sterns, or held in family trusts for the benefit of certain of his
grandchildren. Clarence W. Schawk does not share voting power over
shares of the Company held by or on behalf of his children or
grandchildren.
(3) Includes currently exercisable options to purchase 126,060 shares and
91,673 shares held by the Schawk Family Partnership with respect to
which David A. Schawk has voting power. David A. Schawk is a general
partner of the Schawk Family Partnership. Does not include share
beneficially owned by David A. Schawk's father, Clarence W. Schawk, or
shares beneficially owned by or held in family trusts for the benefit
of David A. Schawk's sisters, Cathy Ann Schawk, Judith Lynn Gallo and
Lisa Beth Stearns, and certain of Clarence W. Schawk's grandchildren.
Includes 475 shares held in joint tenancy and as custodian for minors
gifted to David A. Schawk's friends.
(4) Includes 289,500 shares held by the Schawk Family Partnership with
respect to which Ms. Schawk has voting power.
(5) Includes currently exercisable options to purchase 57,626 shares.
(6) Includes 812,967 shares held by various Schawk Family trusts for the
benefit of certain of Clarence W. Schawk's grandchildren, and 465,777
shares held by the Schawk Family Partnership with respect to which Mr.
Sarkisian has voting power as trustee for Clarence W. Schawk's
grandchildren.
(7) Represents investment power only. Voting power with respect to these
shares is held by the limited partners. See notes 2, 3, 4 and 6 above
and Item 6.
(b) Each of the Reporting Persons has the sole power to vote and to
dispose of the shares referred to in Item 5(a), unless otherwise indicated
therein.
(c) To the best knowledge of the Reporting Persons, except as reported
herein, there has been no transaction in the Class A Common Stock of the Company
effected during the past sixty (60) days by the persons named in response to
Item 5(a), except for de minimis purchases, if any, made by Clarence W. Schawk,
David A. Schawk and A. Alex Sarkisian pursuant to the Company's employee stock
purchase plan.
(d) To the best knowledge of the Reporting Persons, no other person is
known to have the right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of, the securities referred in
Item 5(a).
(e) The Clarence W. and Marilyn G. Schawk Family Foundation terminated
its filing status on February 9, 1998.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
The Schawk Family Partnership is a family investment limited
partnership organized under Delaware law. The Schawk Family Partnership holds
9,194,822 shares or 41.8% of the outstanding Class A Common Stock. The limited
partnership agreement of the Schawk Family Partnership provides that the sole
dispositive power with respect to the Class A Common Stock is held by the
managing general partner, Clarence W. Schawk. Voting power with respect to the
Class A Common Stock is held by the limited partners to the extent of their
contribution of Class A Common Stock upon formation of the Schawk Family
Partnership. The number of shares contributed by each partner and the
corresponding percentage of the Class A Common Stock held in the Schawk Family
Partnership are as follows:
Page 11 of 13 Pages
<PAGE>
<TABLE>
<CAPTION>
PERCENT OF CLASS A
SHARES OF CLASS A COMMON STOCK
NAME COMMON STOCK CONTRIBUTED CONTRIBUTED
- ---- ------------------------ -------------------
<S> <C> <C>
Clarence W. Schawk 8,017,524 87.2%
David A. Schawk 91,673 1.0
Cathy Ann Schawk 289,500 3.1
Judith Lynn Schawk 156,000 1.7
Lisa Beth Stearns 174,348 1.9
A. Alex Sarkisian, as trustee 465,777 5.1
---------- -----
Total 9,194,822 100.0%
</TABLE>
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
(a) Agreement Regarding Joint Filing (See Amendment No. 3 to
Schedule 13D).
Page 12 of 13 Pages
<PAGE>
SCHEDULE 13D
------------
CUSIP NO. 806373-10-6 PAGE 13 OF 13 PAGES
SIGNATURES
----------
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.
2/19/98
-------------------------------------------------
/s/ Clarence W. Schawk (Signature)
-------------------------------------------------
Clarence W. Schawk (Name and Title)
2/19/98
-------------------------------------------------
(Date)
/s/ David A. Schawk (Signature)
-------------------------------------------------
David A. Schawk (Name and Title)
2/19/98
-------------------------------------------------
(Date)
/s/ Cathy Ann Schawk (Signature)
-------------------------------------------------
Cathy Ann Schawk (Name and Title)
2/19/98
-------------------------------------------------
(Date)
/s/ A. Alex Sarkisian (Signature)
-------------------------------------------------
A. Alex Sarkisian (Name and Title)
2/19/98
-------------------------------------------------
(Date)
SGK Investments Limited Partnership
By: /s/ Clarence W. Schawk
--------------------------------------------
(Signature)
Clarence W. Schawk, Managing General Partner
--------------------------------------------
(Name and Title)
