SPORTSMANS GUIDE INC
SC 13G, 1999-02-08
CATALOG & MAIL-ORDER HOUSES
Previous: SEATTLE FILMWORKS INC, 10-Q, 1999-02-08
Next: FAHNESTOCK VINER HOLDINGS INC, SC 13G/A, 1999-02-08



Amendment No. 8
The Sportsman's Guide, Inc.
Common Stock, $.01 par value
CUSIP Number  848907 20 1
<PAGE>
CUSIP No.  848907 20 1
Item 1:   Reporting Person -  Vincent W. Shiel/The Amended
                              Vincent W. Shiel Revocable Trust
                              dated January 18, 1989 (of which
                              Dr. Shiel is the trustee)
Item 2:   (b) Disclaims membership in a group 
Item 4:   PF
Item 6:   United States
Item 7:   0
Item 8:   0
Item 9:   0
Item 10:  0
Item 11:  522,000
Item 13:  11.0%
Item 14:  IN/00


CUSIP NO.  848907 20 1
Item 1:   Reporting Person -  Helen M. Shiel/The Helen M. Shiel
                              Revocable Trust dated January 23,
                              1989 (of which Mrs. Shiel is the
                              trustee)
Item 2:   (b) Disclaims membership in a group 
Item 4:   PF
Item 6:   United States
Item 7:   0
Item 8:   0
Item 9:   0
Item 10:  0
Item 11:  522,000
Item 13:  11.0%
Item 14:  IN/00

<PAGE>
CUSIP NO. 848907 20 1
Item 1:   Reporting Person -  Vincent W. Shiel Family Limited
                              Partnership, of which the Vincent W.
                              Shiel Revocable Trust owns a 99.9%
                              limited partnership interest and a
                              99.8% interest in the general
                              partner
Item 2:   (b) Disclaims membership in a group 
Item 3:   
Item 4:   PF/00
Item 5:
Item 6:   Ohio
Item 7:   420,051
Item 8:   0
Item 9:   420,051
Item 10:  0
Item 11:  420,051
Item 12:
Item 13:  8.8%
Item 14:  PN


CUSIP NO. 848907 20 1
Item 1:   Reporting Person -  Helen M. Shiel Family Limited
                              Partnership, of which the Helen M.
                              Shiel Revocable Trust owns a 99.9%
                              limited partnership interest and a
                              99.8% interest in the general
                              partner
Item 2:   (b) Disclaims membership in a group 
Item 3:   
Item 4:   PF/00
Item 5:
Item 6:   Ohio
Item 7:   101,949
Item 8:   0
Item 9:   101,949
Item 10:  0
Item 11:  101,949
Item 12:
Item 13:  2.1%
Item 14:  PN

<PAGE>
Item 2.   IDENTITY AND BACKGROUND

          (iii) (a)  Vincent W. Shiel Family Limited Partnership,
                     an Ohio limited partnership

                (b)  1100 Courthouse Plaza, S.W.
                     Dayton, Ohio 45402

                (c)  Not applicable

                (d)  Not applicable

                (e)  Not applicable

          (iv) (a)  Helen M. Shiel Family Limited Partnership, an 
                    Ohio limited partnership
               
               (b)  1100 Courthouse Plaza, S.W.
                    Dayton, Ohio 45402

               (c)  Not applicable

               (d)  Not applicable

               (e)  Not applicable

Item 4.   PURPOSE OF TRANSACTION

          For state tax purposes, (i) the Vincent W. Shiel
          Revocable Trust transferred all shares of the issuer held
          in its name to the Vincent W. Shiel Family Limited
          Partnership, of which the Vincent W. Shiel Revocable
          Trust owns a 99.9% limited partnership interest and a
          99.8% interest in the general partner and (ii) the Helen
          M. Shiel Revocable Trust transferred all shares of the
          issuer held in its name to the Helen M. Shiel Family
          Limited Partnership, of which the Helen M. Shiel
          Revocable Trust owns a 99.9% limited partnership interest
          and a 99.8% interest in the general partner.

Item 5.   INTEREST IN SECURITIES OF THE ISSUER

     (a)  Pursuant to Rule 13d-4, each person filing hereunder
          expressly declares that the filing of this statement
          shall not be construed as an admission that he or she is
          the beneficial owner of any securities covered by this
          statement other than as follows:

          (i)   Vincent W. Shiel, as Trustee of the Vincent W.
                Shiel Revocable Trust, is the beneficial owner of
                420,051 shares of Common Stock held in the name of
                the Vincent W. Shiel Family Limited Partnership.

<PAGE>
               Vincent W. Shiel, as the spouse of Helen M. Shiel,
                is the beneficial owner of 101,949 shares of
                Common Stock held in the name of the Helen M.
                Shiel Family Limited Partnership.  Therefore, the
                aggregate amount of shares of Common Stock
                beneficially owned by Vincent W. Shiel is 522,000.

          (ii)  Helen M. Shiel, as Trustee of the Helen M. Shiel
                Revocable Trust, is the beneficial owner of
                101,949 shares of Common Stock held in the name of
                the Helen M. Shiel Family Limited Partnership.
                Helen M. Shiel, as the spouse of Vincent W. Shiel,
                is the beneficial owner of 420,051 shares of
                Common Stock held in the name of the Vincent W.
                Shiel Family Limited Partnership.  Therefore, the
                aggregate amount of shares of Common Stock
                beneficially owned by Helen M. Shiel is 522,000.

          (iii) The Vincent W. Shiel Family Limited Partnership is
                the beneficial owner of 420,051 shares of Common
                Stock.
          
          (iv)  The Helen M. Shiel Family Limited Partnership is
                the beneficial owner of 101,949 shares of Common
                Stock. 

     (b)  Sole Power to Vote and Dispose of Common Stock
     
          (i)   0

          (ii)  0
          
          (iii) The Vincent W. Shiel Family Limited Partnership 
                has the sole power to vote and dispose
                of 420,051 shares of Common Stock.
          
          (iv)  The Helen M. Shiel Family Limited Partnership has
                the sole power to vote and dispose of 101,949
                shares of Common Stock.
          
          Shared Power to Vote and Dispose of Common Stock
          
          (i)   0

          (ii)  0

          (iii) 0         
          
          (iv)  0
          
       (c)(i)   See response to Item 4 which is incorporated
                herein by reference. 
<PAGE>
          
          (ii)  In market transactions from January 28, 1999
                through February 4, 1999, the Vincent W. Shiel Family
                Limited Partnership sold a total of 45,000 shares
                of common stock of the issuer at $7.00 per share and 
                5,000 shares of common stock of the issuer at $7.0625 
                per share.

          
                           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.



                                VINCENT W. SHIEL

                                Vincent W. Shiel

Date:  February 8, 1999

     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.



                                HELEN M. SHIEL

                                Helen M. Shiel

Date:  February 8, 1999

     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.
                                                            
                              Vincent W. Shiel Family
                              Limited Partnership
                              
                              By:  Shiel Enterprises, Inc.
                                   General Partner
                              
                              
                              
                              By:  RALPH E. HEYMAN
                                   Ralph E. Heyman, Vice President 
                              
                                   
Date:  February 8, 1999

<PAGE>
     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.


                              Helen M. Shiel Family
                              Limited Partnership
                              
                              By:  Shiel Enterprises, Inc.
                                   General Partner
                              
                              
                              
                              By:  RALPH E. HEYMAN
                                   Ralph E. Heyman, Vice President
                              

Date:  February 8, 1999





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission