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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 12 )*
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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)
*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 1 of 4 Pages
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CUSIP No. 822135 10 9 Schedule 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
Owned by 626,333
Each Reporting --------------------------------------------------
Person With (6) Shared Voting
Power
N/A
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(7) Sole Dispositive
Power
626,333
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(8) Shared Dispositive
Power
N/A
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
626,333
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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)
7.1
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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(S) 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, 1996:
(a) Amount Beneficially Owned: 626,333 shares. Includes 11,333
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 40,058 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 Illinoisnot-
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: 7.1%
(c) Undersigned has sole power to vote and dispose of 626,333
shares.
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.
January 6 , 1997
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Date
s/ Paul N. Steinfeld
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Signature
Paul N. Steinfeld
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Name/Title
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
Page 4 of 4 Pages
