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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 11 )*
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SHELBY WILLIAMS INDUSTRIES, INC.
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(Name of Issuer)
Common Stock, $.05 Par Value
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(Title of Class of Securities)
822135 10 9
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(CUSIP Number)
Check the following box if a fee is being paid with this 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 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 4 Pages
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CUSIP No. 822135 10 9 13G Page 2 of 4 Pages
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(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Paul N. Steinfeld
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(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) / /
N/A
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
U.S.
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Number of Shares (5) Sole Voting
Beneficially Power 577,398
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 200,000
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(7) Sole Dispositive
Power 577,398
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(8) Shared Dispositive
Power 200,000
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
777,398
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(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
X
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(11) Percent of Class Represented by Amount in Row (9)
8.7
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(12) Type of Reporting Person*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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ITEM 1 (a) Name of Issuer: Shelby Williams Industries, Inc.
ITEM 1 (b) Address of Issuer's Principal Executive Offices:
Suite 11-111 Merchandise Mart, Chicago, Illinois 60654
ITEM 2 (a) Name of Person Filing: Paul N. Steinfeld
ITEM 2 (b) Address of Principal Business Office, or , if none,
Residence: 150 Shelby Williams Drive,
Morristown, Tennessee 37813
ITEM 2 (c) Citizenship: U.S.
ITEM 2 (d) Title of Class of Securities:
Common Stock, $.05 par value
ITEM 2 (e) CUSIP Number: 822135 10 9
ITEM 3 Not applicable. (This Schedule is filed pursuant to Rule
13d-1(c).)
ITEM 4 Ownership:
The following information is provided as of December 31,
1995:
(a) Amount Beneficially Owned: 777,398 shares. Includes
10,000 options deemed exercised solely for purposes of
this statement. Undersigned is one of four trustees of
the Issuer's employees stock ownership plan which holds
35,420 shares; such shares held by said trustees are
not included in this statement and the undersigned,
pursuant to Rule 13d-4, disclaims beneficial ownership
of such shares. Undersigned is one of three directors
of The Steinfeld Foundation, an Illinois not-for-profit
corporation which holds 488 shares; such shares are not
included in this statement, and the undersigned,
pursuant to Rule 13d-4, disclaims beneficial ownership
of such shares.
(b) Percent of Class: 8.7%
(c) Undersigned has sole power to vote and dispose of
577,398 shares, and shared power as to 200,000 shares,
which latter shares are held by a trust of which the
undersigned is one of two trustees and his sister is
the grantor, the other trustee and the sole income
beneficiary. The undersigned, pursuant to Rule 13d-4,
disclaims beneficial ownership of shares held by the
trust.
Page 3 of 4 Pages
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ITEM 5 Ownership of Five 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 be the
beneficial owner of more than five percent of the class of
securities, check the following [ ].
ITEM 6 Ownership of More than Five Percent on Behalf of Another
Person:
See response to Item 4.
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 Members of the Group:
Not applicable.
ITEM 9 Notice of Dissolution of Group:
Not applicable.
ITEM 10 Certification:
Not applicable.
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: January 8, 1996
Signature: \s\Paul N. Steinfeld
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Name/Title: Paul N. Steinfeld
Page 4 of 4 Pages
