<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)
Penn Engineering & Manufacturing Corp.
- ------------------------------------------------------------------------------
(Name of Issuer)
Class A Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
707389-102
- ------------------------------------------------------------------------------
(CUSIP Number)
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CUSIP No. 707389-102 Page 1 of 6 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 98,772
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 112,750
7) Sole Dispositive Power 0
8) Shared Dispositive Power 211,222
9) Aggregate Amount Beneficially Owned by Each Reporting Person
211,522
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 12.4
12) Type of Reporting Person (See Instructions) HC
<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. 4)
Penn Engineering & Manufacturing Corp.
- ------------------------------------------------------------------------------
(Name of Issuer)
Class A Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
707389-102
- ------------------------------------------------------------------------------
(CUSIP Number)
----------
CUSIP No. 707389-102 Page 2 of 6 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 98,772
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 112,750
7) Sole Dispositive Power 0
8) Shared Dispositive Power 211,222
9) Aggregate Amount Beneficially Owned by Each Reporting Person
211,522
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 12.4
12) Type of Reporting Person (See Instructions) HC
<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. 4)
Penn Engineering & Manufacturing Corp.
- ------------------------------------------------------------------------------
(Name of Issuer)
Class A Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
707389-102
- ------------------------------------------------------------------------------
(CUSIP Number)
----------
CUSIP No. 707389-102 Page 3 of 6 Pages
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
PNC Bank, National Association 22-1146430*
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 98,772
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 112,750
7) Sole Dispositive Power 0
8) Shared Dispositive Power 211,222
9) Aggregate Amount Beneficially Owned by Each Reporting Person
211,522
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 12.4
12) Type of Reporting Person (See Instructions) BK
* 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
ITEM 4 - OWNERSHIP:
The following information is as of December 31, 1996:
(a) Amount Beneficially Owned: 211,522 shares
(b) Percent of Class: 12.4*
(c) Number of shares to which such person has:
(i) sole power to vote or to direct the vote 98,772
(ii) shared power to vote or to direct the vote 112,750
(iii) sole power to dispose or to direct the disposition of 0
(iv) shared power to dispose or to direct the disposition of 211,222
* At December 31, 1996, PNC Bank, National Association also held in one or more
accounts 382,066 shares of nonvoting common stock of the Issuer.
<PAGE> 5
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> 6
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
AN AGREEMENT TO FILE A JOINT
STATEMENT WAS PREVIOUSLY FILED
AS EXHIBIT A TO AMENDMENT NO. 2.
