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OMB APPROVAL
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UNITED STATES OMB Number: 3235-0145
SECURITIES AND EXCHANGE COMMISSION Expires: December 31, 1997
Washington, D.C. 20549 Estimated average burden
hours per response.... 14.90
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2 ) *
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DURAKON INDUSTRIES, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
26633410
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(CUSIP Number)
Check the following box if a fee is being paid with this. / / (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 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).
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SEC 1745 (2-95)
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CUSIP No. 26633410 13G Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PHILIP GREER
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) / /
(b) /X/
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3 SEC USE ONLY
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
NEW YORK
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SOLE VOTING POWER
5
-0-
NUMBER OF ---------------------------------------------------------
SHARES SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 14,188
EACH ---------------------------------------------------------
REPORTING SOLE DISPOSITIVE POWER
PERSON 7
WITH -0-
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SHARED DISPOSITIVE POWER
8
14,188
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
14,188
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 X
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
.23
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TYPE OF REPORTING PERSON *
12
BD, IA
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Cusip No. 26633410 13G Page 3 of 4
Item 5. Ownership of Five Percent or Less of a Class:
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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 /X/.
Item 10. Certification:
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By signing below, Richard S. Pollack, General Counsel of Weiss, Peck & Greer,
L.L.C. ("WPG") certifies that, to the best of his knowledge and belief,
securities referred to above as being held or owned beneficially by Philip Greer
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 or effect.
SIGNATURE
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After reasonable inquiry and to the best of his knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated: January 30, 1998
WEISS, PECK & GREER, L.L.C.
By: /s/ Richard S. Pollack
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Richard S. Pollack
General Counsel
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (see 18 U.S.C. 1001).
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Cusip No. 26633410 13G Page 4 of 4
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned, Philip Greer, has
made, constituted and appointed, and by these presents does make, constitute and
appoint, Richard S. Pollack his true and lawful attorney-in-fact and agent, for
him and in his name, place and stead to execute, acknowledge, deliver and file
any and all filings required by Section 13 and Section 16 of the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated
thereunder, including, but not limited to, Schedules 13D and Schedules 13G,
hereby ratifying and confirming all that said attorney-in-fact and agent may do
or cause to be done by virtue hereof.
The validity of this Power of Attorney shall not be affected in any
manner by reason of the execution, at any time, of other powers of attorney by
the undersigned in favor of persons other than the attorney-in-fact named
herein.
WITNESS THE EXECUTION HEREOF this 30th day of January, 1998 by Philip
Greer.
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Philip Greer
STATE OF NEW YORK )
COUNTY OF NEW YORK )
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Notary Public
