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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
AIRGAS, INC.
----------------------------------------------
(Name of Issuer)
COMMON STOCK
----------------------------------------------
(Title of Class of Securities)
009363 10 2
--------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (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 of 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).
(Continued on following page(s))
Page 1 of 11 pages
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CUSIP No. 009363 10 2 13G Page 2 of 11 pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
McClain Corporation
- ------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ X ]
(b) [ ]
- ------------------------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
5. SOLE VOTING POWER
-0-
-----------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 3,050,000
OWNED BY ___________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH ___________________________________________________________
8. SHARED DISPOSITIVE POWER
3,050,000
- ------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,050,000
- ------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.4%
- ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
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CUSIP No. 009363 10 2 13G Page 3 of 11 pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Arthur W. McClain
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ X ]
(b) [ ]
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3. SEC USE ONLY
- ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5. SOLE VOTING POWER
112,000
-----------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 3,050,000
OWNED BY ___________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 112,000
WITH ___________________________________________________________
8. SHARED DISPOSITIVE POWER
3,050,000
- ------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,162,000
- ------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.6%
- ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
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CUSIP No. 009363 10 2 13G Page 4 of 11 pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Helen S. McClain
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ X ]
(b) [ ]
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3. SEC USE ONLY
- ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------------------------------------------------------------------------
5. SOLE VOTING POWER
-0-
-----------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 3,050,000
OWNED BY ___________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH ___________________________________________________________
8. SHARED DISPOSITIVE POWER
3,050,000
- ------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,050,000
- ------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.4%
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12. TYPE OF REPORTING PERSON*
IN
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CUSIP No. 009363 10 2 13G Page 5 of 11 pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Scott D. McClain
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ X ]
(b) [ ]
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3. SEC USE ONLY
- ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5. SOLE VOTING POWER
25,000
-----------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 3,050,000
OWNED BY ___________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 25,000
WITH ___________________________________________________________
8. SHARED DISPOSITIVE POWER
3,050,000
- ------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,075,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.5%
- ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
- ------------------------------------------------------------------------------
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CUSIP No. 009363 10 2 13G Page 6 of 11 pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kelly W. McClain
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
- ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5. SOLE VOTING POWER
5,260
-----------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 3,054,400
OWNED BY ___________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 5,260
WITH ___________________________________________________________
8. SHARED DISPOSITIVE POWER
3,054,400
- ------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,059,660
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.5%
- ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
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<PAGE>
CUSIP No. 009363 10 2 13G Page 7 of 11 pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Margaret S. McClain
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ X ]
(b) [ ]
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3. SEC USE ONLY
- ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------------------------------------------------------------------------
5. SOLE VOTING POWER
5,000
-----------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 3,050,000
OWNED BY ___________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 5,000
WITH ___________________________________________________________
8. SHARED DISPOSITIVE POWER
3,050,000
- ------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,055,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.4%
- ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
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CUSIP No. 009363 10 2 13G Page 8 of 11 pages
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Item 1(a) Name of Issuer
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Airgas, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices
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Airgas, Inc.
Radnor Court, Suite 100
259 Radnor-Chester Road
Radnor, Pennsylvania 19087-5240
Item 2(a) Name of Person Filing
---------------------
This Schedule 13G is being jointly filed by the McClain Corporation,
Arthur W. McClain, Scott D. McClain, Kelly W. McClain, Margaret S. McClain and
Helen S. McClain (collectively, the "Reporting Persons").
Item 2(b) Address of Principal Business Office, or, if none, Residence
------------------------------------------------------------
McClain Corporation
304 West Jackson Street
Woodstock, Illinois 60098
Item 2(c) Citizenship
-----------
With regard to the McClain Corporation: The state of incorporation is
Delaware.
With regard to all other Reporting Persons: United States
Item 2(d) Title of Class of Securities
----------------------------
Common Stock, par value $.01 per share
Item 2(e) CUSIP Number
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009363 10 2
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Page 9 of 11 pages
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Item 3 Not Applicable
Item 4 Ownership
---------
(a) and (b) McClain Corporation beneficially owned an aggregate of
3,050,000 shares of the issuer's Common Stock, or approximately 4.47% of the
shares outstanding as of November 1, 1996.
(c) Number of shares as to which McClain Corporation has:
(i) sole power to vote or direct: 0;
(ii) shared power to vote or to direct the vote: 3,050,000;
(iii) sole power to dispose or direct the disposition of: 0;
(iv) shared power to dispose or direct the disposition of: 3,050,000.
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
---------------------------------------------------------------
No other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, the
issuer's shares which are the subject of this Amendment to Schedule 13G, except
that with respect to 9,660 shares beneficially owned by Kelly W. McClain, 4,400
are owned jointly with his spouse.
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
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Page 10 of 11 pages
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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.
February 24, 1997
- ----------------------------------
Date
McClain Corporation
By:/s/ Scott D. McClain
-------------------------------
Scott D. McClain, Vice President
/s/ Arthur W. McClain
-------------------------------
/s/Scott D. McClain
-------------------------------
/s/ Kelly W. McClain
-------------------------------
/s/ Margaret S. McClain
-------------------------------
/s/ Helen S. McClain
-------------------------------
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Page 11 of 11 pages
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EXHIBIT "A"
Joint Filing Agreement
The undersigned agree that the foregoing Amendment No. 3 to Schedule 13G,
dated February 24, 1997 is being filed with the Securities and Exchange
Commission on behalf of each of the undersigned pursuant to Rule 13d-1(f).
Dated: February 24, 1997
McClain Corporation
By: /s/ Scott D. McClain
------------------------------
Scott D. McClain, Vice President
- ----------------------------------
Name/Title
/s/ Arthur W. McClain
- ----------------------------------
Arthur W. McClain
/s/ Scott D. McClain
- ----------------------------------
Scott D. McClain
/s/ Kelly W. McClain
- ----------------------------------
Kelly W. McClain
/s/ Margaret S. McClain
- ----------------------------------
Margaret S. McClain
/s/ Helen S. McClain
- ----------------------------------
Helen S. McClain
