CUSIP NO. 983857103 13G Page 1 of 11 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 10549
SCHEDULE 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant to Rules 13d-1(b)
and (c) and Amendments Thereto Filed Pursuant to Rules 13d-2(b)
(Amendment No. 12)*
X-RITE, INCORPORATED
(Name of Issuer)
Common Stock, Par Value $.10 Per Share
983857103
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
filing on this form with respect to the subject class of securities; and for any
subsequent amendment containing information which would alter disclosures
provided in a prior cover page.
(Continues on the following page(s))
Page 1 of 11 Pages
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CUSIP NO. 983857103 13G Page 2 of 11 Pages
1. NAME OF REPORTING PERSON
IRS IDENTIFICATION NUMBER OF ABOVE PERSON (ENTITIES ONLY)
Leonard C. Blanding
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
5. SOLE VOTING POWER
NUMBER OF 1,123,082
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING
PERSON 7. SOLE DISPOSITIVE POWER
WITH
1,123,082
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,143,082
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
X
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%
12. TYPE OF REPORTING PERSON*
IN
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CUSIP NO. 983857103 13G Page 3 of 11 Pages
1. NAME OF REPORTING PERSON
IRS IDENTIFICATION NUMBER OF ABOVE PERSON (ENTITIES ONLY)
Lawrence E. Fleming
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
5. SOLE VOTING POWER
NUMBER OF 1,600,000
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING
PERSON 7. SOLE DISPOSITIVE POWER
WITH
1,600,000
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,630,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
X
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.7%
12. TYPE OF REPORTING PERSON*
IN
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CUSIP NO. 983857103 13G Page 4 of 11 Pages
1. NAME OF REPORTING PERSON
IRS IDENTIFICATION NUMBER OF ABOVE PERSON (ENTITIES ONLY)
Rufus S. Teesdale
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
5. SOLE VOTING POWER
NUMBER OF 1,514,853
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING
PERSON 7. SOLE DISPOSITIVE POWER
WITH
1,514,853
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,544,853
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
X
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.3%
12. TYPE OF REPORTING PERSON*
IN
<PAGE>
CUSIP NO. 983857103 13G Page 5 of 11 Pages
1. NAME OF REPORTING PERSON
IRS IDENTIFICATION NUMBER OF ABOVE PERSON (ENTITIES ONLY)
D. Ted Thompson
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
5. SOLE VOTING POWER
NUMBER OF 1,368,300
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING
PERSON 7. SOLE DISPOSITIVE POWER
WITH
1,368,300
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,488,300
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
X
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.0%
12. TYPE OF REPORTING PERSON*
IN
<PAGE>
CUSIP NO. 983857103 13G Page 6 of 11 Pages
1. NAME OF REPORTING PERSON
IRS IDENTIFICATION NUMBER OF ABOVE PERSON (ENTITIES ONLY)
Quinten E. Ward
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
5. SOLE VOTING POWER
NUMBER OF -0-
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 1,064,000
REPORTING
PERSON 7. SOLE DISPOSITIVE POWER
WITH
-0-
8. SHARED DISPOSITIVE POWER
1,064,000
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,094,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
X
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.2%
12. TYPE OF REPORTING PERSON*
IN
<PAGE>
CUSIP NO. 983857103 13G Page 7 of 11 Pages
Item 1(a) Name of Issuer:
X-Rite, Incorporated
Item 1(b) Address of Issuer's Principal Executive Offices:
3100 44th St., S.W.
Grandville, MI 49418
Item 2(a) Name of Persons Filing:
Leonard C. Blanding
Lawrence E. Fleming
Rufus S. Teesdale
D. Ted Thompson
Quinten E. Ward
Item 2(b) Address of Principal Business Office:
Leonard C. Blanding: 6600 Tanglewood S.E.
Grand Rapids, MI 49546
Lawrence E. Fleming: 6200 Hall St., S.E.
Grand Rapids, MI 49546
Rufus S. Teesdale: 3152 E. Gatehouse Dr., S.E.
Grand Rapids, MI 49546
D. Ted Thompson: 3100 44th St., S.W.
Grandville, MI 49418
Quinten E. Ward: 2251 N. Rampart Blvd.,
Suite 102
Las Vegas, NV 89128
Item 2(c) Citizenship:
United States of America
Item 2(d) Title of Securities:
Common Stock, Par Value $.10
Item 2(e) CUSIP Number:
983857103
Item 3
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CUSIP NO. 983857103 13G Page 8 of 11 Pages
Item 4 Ownership:
Leonard C. Blanding
(a) Amount Beneficially Owned: 1,143,082
(b) Percent of Class: 5.4%
(c) Number of Shares as to which such person has:
(i) sole power to vote or direct the vote:
1,123,082
(ii) shared power to vote or direct the vote:
314,050
(iii) sole power to dispose or to direct the
disposition of:
1,123,082
(iv) shared power to dispose or to direct
the disposition of:
314,050
Note: The amount beneficially owned includes options for
20,000 shares exercisable within 60 days, but does not include
314,050 shares held by a Trust for which Mr. Blanding serves
as Trustee, and as to which Mr. Blanding disclaims beneficial
ownership.
Lawrence E. Fleming
(a) Amount Beneficially Owned: 1,630,000
(b) Percent of Class: 7.7%
(c) Number of Shares as to which such person has:
(i) sole power to vote or direct the vote:
1,600,000
(ii) shared power to vote or direct the
vote:
-0-
(iii) sole power to dispose or to direct the
disposition of:
1,600,000
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CUSIP NO. 983857103 13G Page 9 of 11 Pages
(iv) shared power to dispose or to direct
the disposition of:
-0-
Note: The amount beneficially owned includes options for
30,000 shares exercisable within 60 days.
Rufus S. Teesdale
(a) Amount Beneficially Owned: 1,544,853
(b) Percent of Class: 7.3%
(c) Number of Shares as to which such person has:
(i) sole power to vote or direct the vote:
1,514,853
(ii) shared power to vote or direct the
vote:
-0-
(iii) sole power to dispose or to direct the
disposition of:
1,514,853
(iv) shared power to dispose or to direct
the disposition of:
-0-
Note: The amount beneficially owned includes options for
30,000 shares exercisable within 60 days.
D. Ted Thompson
(a) Amount Beneficially Owned: 1,488,300
(b) Percent of Class: 7.0%
(c) Number of Shares as to which such person has:
(i) sole power to vote or direct the vote:
1,368,300
(ii) shared power to vote or direct the
vote:
-0-
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CUSIP NO. 983857103 13G Page 10 of 11 Pages
(iii) sole power to dispose or to direct the
disposition of:
1,368,300
(iv) shared power to dispose or to direct
the disposition of:
-0-
Note: The amount beneficially owned includes options for
120,000 shares exercisable within 60 days, but does not
include 160,000 shares held by a Trust for which Mr.
Thompson's wife serves as Trustee, and as to which Mr.
Thompson disclaims beneficial ownership.
Quinten E. Ward
(a) Amount Beneficially Owned: 1,094,000
(b) Percent of Class: 5.2%
(c) Number of Shares as to which such person has:
(i) sole power to vote or direct the vote:
-0-
(ii) shared power to vote or direct the
vote:
1,064,000
(iii) sole power to dispose or to direct the
disposition of:
-0-
(iv) shared power to dispose or to direct
the disposition of:
1,064,000
Note: The amount beneficially owned includes options for
30,000 shares exercisable within 60 days, but does not
include 170,000 shares held by Mr. Ward's wife and 305,000
shares held by a limited partnership for which Mr. Ward
serves as general partner, and as to which Mr. Ward
disclaims beneficial ownership.
Item 5 Ownership of 5% or less of a Class:
Not applicable.
Item 6 Ownership of More than 5% on Behalf of Another:
Not applicable.
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CUSIP NO. 983857103 13G Page 11 of 11 Pages
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by Parent Holding
Company:
Not applicable.
Item 8 Identification and Classification of Members of the Group:
Not applicable.
Item 9 Notice of Dissolution:
Not applicable.
Signature:
After reasonable inquiry and to the best of my knowledge and
belief, the undersigned certify that the information set forth
in this statement is true, complete and correct.
Dated: February 13, 1998
/s/ Leonard C. Blanding
Leonard C. Blanding
/s/ Lawrence E. Fleming
Lawrence E. Fleming
/s/ Rufus S. Teesdale
Rufus S. Teesdale
/s/ D. Ted Thompson
D. Ted Thompson
/s/ Quinten E. Ward
Quinten E. Ward
121346
