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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 5 )
Wachovia Corporation
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(NAME OF ISSUER)
Common
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(TITLE OF CLASS OF SECURITIES)
929771103
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(CUSIP NUMBER)
CHECK THE FOLLOWING BOX IF A FEE IS BEING PAID WITH THIS STATEMENT /x/
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<S> <C>
(1) Names of Reporting Persons S.S. or I.R.S. Wachovia Corporation
Identification Nos. of Above Persons 56-1473727
(2) Check the Appropriate Box if a Member of a Group (See (A) N/A
Instructions) (B) N/A
(3) SEC Use Only
(4) Citizenship or Place of Organization North Carolina
Number of Shares (5) Sole Voting Power 5,211,859.34
Beneficially (6) Shared Voting Power 5,177,603.00
Owned by Each (7) Sole Dispositive Power 9,090,155.41
Reporting Person (8) Shared Dispositive Power 1,817,622.53
With
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 11,203,606.87
(10) Check if Aggregate Amount in Row 9 Excludes Certain
Shares
(See Instructions)
(11) Percent of Class Represented by Amount in Row 9
6.5%
(12) Type of Reporting Person
(See Instructions) HC/Trustee
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ITEM 1 (A) NAME OF ISSUER:
Wachovia Corporation
ITEM 1 (B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
301 North Main Street
Winston-Salem, North Carolina 27150-3099
ITEM 2 (A) NAME OF PERSON FILING:
Wachovia Corporation
ITEM 2 (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
301 North Main Street
Winston-Salem, North Carolina 27150-3099
ITEM 2 (C) CITIZENSHIP:
North Carolina
ITEM 2 (D) TITLE OF CLASS OF SECURITIES:
Common
ITEM 2 (E) CUSIP NUMBER:
929771103
ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-3(B), CHECK WHETHER THE PERSON FILING IS A:
(A) ( ) BROKER OR DEALER REGISTERED UNDER SECTION 15 OF
THE ACT
(B) ( ) BANK AS DEFINED IN SECTION 3(A)(6) OF THE ACT
(C) ( ) INSURANCE COMPANY AS DEFINED IN SECTION 3(A)(19)
OF THE ACT
(D) ( ) INVESTMENT COMPANY REGISTERED UNDER SECTION 8 OF
THE INVESTMENT COMPANY ACT
(E) ( ) INVESTMENT ADVISER REGISTERED UNDER SECTION 203
OF THE INVESTMENT ADVISERS ACT OF 1940
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(F) ( ) EMPLOYEE BENEFIT PLAN, PENSION FUND WHICH IS
SUBJECT TO THE PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974 OR
ENDOWMENT FUND; SEE 240.13D-1(B)(1)(II)(F)
(G) (X) PARENT HOLDING COMPANY, IN ACCORDANCE WITH
240.13D-1(B)(II)(G) (NOTE: SEE ITEM 7) (Wachovia
Corporation)
(H) ( ) GROUP, IN ACCORDANCE WITH 240.13D-1(B)(1)(II)(H)
ITEM 4 OWNERSHIP.
IF THE PERCENT OF THE CLASS OWNED, AS OF DECEMBER 31 OF THE
YEAR COVERED BY THE STATEMENT, OR AS OF THE LAST DAY OF ANY
MONTH DESCRIBED IN RULE 13D-1 (B)(2), IF APPLICABLE, EXCEEDS
FIVE PERCENT, PROVIDE THE FOLLOWING INFORMATION AS OF THAT
DATE AND IDENTIFY THOSE SHARES WHICH THERE IS A RIGHT TO
ACQUIRE.
WACHOVIA CORPORATION
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<S> <C> <C>
(A) AMOUNT BENEFICIALLY OWNED: 11,203,606.87
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(B) PERCENT OF CLASS: 6.5%
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(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE 5,211,859.34
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(II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE 5,177,603.00
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(III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 9,090,155.41
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(IV) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 1,817,622.53
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ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Yes
ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
N/A
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
The securities to which this report relates are held by
Wachovia Bank of North Carolina, NA, Wachovia Bank
of Georgia, NA and The South Carolina National Bank
as trustees. This filing should not be construed as an
admission that the trustees or their parent, Wachovia
Corporation, are, for the purposes of Section 13(d) or
13(g) of the Act, beneficial owners of any securities
covered by this statement.
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
N/A
ITEM 9 NOTICE OF DISSOLUTION OF GROUP.
N/A
ITEM 10 CERTIFICATION:
BY SIGNING BELOW, I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE
AND BELIEF, THE SECURITIES REFERRED TO ABOVE 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.
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: February 14, 1994
FOR: Wachovia Corporation
BY: /s/ Hugh M. Durden
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Hugh M. Durden, Executive Vice President
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