UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __________)*
First Albany Companies Inc.
(Name of Issuer)
Common Stock, par value $.01
(Title of Class of Securities)
318465-10-1
(CUSIP Number)
Check the following box if a fee is being paid with this Statement X. (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).
CUSIP No. 318465-10-1 13G
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- --------------------------------------------------------------------------------
Alan P. Goldberg
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
- --------------------------------------------------------------------------------
(a) [_]
(b) [_]
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
- --------------------------------------------------------------------------------
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
- --------------------------------------------------------------------------------
652,306
6. SHARED VOTING POWER
- --------------------------------------------------------------------------------
0
7. SOLE DISPOSITIVE POWER
- --------------------------------------------------------------------------------
623,690
8. SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- --------------------------------------------------------------------------------
652,306
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
- --------------------------------------------------------------------------------
14.398
12. TYPE OF REPORTING PERSON*
- --------------------------------------------------------------------------------
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
Item 1 (a) Name of Issuer:
The Schedule 13G relates to First Albany Companies Inc. (the
"Company").
Item 1 (b) Address of Issuer's Principal Executive Offices:
The Company maintains its principal executive offices at 41 State
Street, Albany, New York 12201-0052.
Item 2 (a) Name of Person Filing:
The Schedule 13G is filed by Mr. Alan P. Goldberg.
Item 2 (b) Address of Principal Business Office or, if none, Residence:
The principal business office of Mr. Alan P. Goldberg is 41 State
Street, Albany, New York 12201-0052.
Item 2 (c) Citizenship:
Mr. Alan P. Goldberg is a Citizen of the United States.
Item 2 (d) Title of Class of Securities:
The Schedule 13G relates to shares of Common Stock, par value
$.01, of the Company.
Item 2 (e) CUSIP Number:
318465-10-1
Item 3 If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person filing is a:
This item is not applicable.
Item 4 Ownership:
(a) Amount Beneficially Owned:
See Item 9 on Page 2 of the Cover Page.
Includes 168,292 options to purchase shares, all of which
options are currently exercisable, and 30,722 shares in the
First Albany Companies Inc. Stock Bonus Plan allocated to
the account of Mr. Goldberg, as to which shares Mr. Goldberg
may direct the voting.
(b) Percent of Class
See Item 11 on Page 2 of the Cover page.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
See Item 5 on Page 2 of the cover Page.
(ii) shared power to vote or to direct the vote:
See Item 6 on Page 2 of the Cover Page.
(iii) sole power to dispose or to direct the disposition of:
See Item 7 on Page 2 of the Cover Page.
(iv) shared power to dispose or to direct the disposition of:
See Item 8 on Page 2 of the Cover Page.
Item 5 Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6 Ownership of More than five Percent on Behalf of Another Person.
Not applicable.
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: February 14, 1996
/s/ Alan P. Goldberg
_______________________
Alan P. Goldberg
