BALDWIN TECHNOLOGY CO INC
SC 13G/A, 1994-02-11
PRINTING TRADES MACHINERY & EQUIPMENT
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                                    UNITED STATES
                          SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C.  20549



                                     SCHEDULE 13G



                          Under the Securities Exchange Act of 1934

                                   (Amendment No. 3)*

                               Baldwin Technology Company, Inc.
                                    (Name of Issuer)

                                 Class A Common Stock
                            (Title of Class of Securities)

                                     058264-10-2
                                    (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 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).





                                    (Continued on following pages)


                                              1 <PAGE> 
<PAGE>
          _________________________________________________________________
          
          CUSIP No. 058264-10-2                                      13G
          _________________________________________________________________
          (1)  NAME OF REPORTING PERSON
               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                    AKIRA HARA
          _________________________________________________________________
          (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
                    / / (a)   / / (b)
          _________________________________________________________________
          (3)  SEC USE ONLY
          _________________________________________________________________
          (4)  CITIZENSHIP OR PLACE OF ORGANIZATION
                    JAPANESE
          _________________________________________________________________
                       : (5)  SOLE VOTING POWER
                       :      1,045,666 (ITEM 4)
          NUMBER OF    :
          SHARES       : __________________________________________________
          BENEFICIALLY : (6)  SHARED VOTING POWER
          OWNED BY     :      NONE
          EACH         :
          REPORTING    :___________________________________________________
          PERSON BY    : (7)  SOLE DISPOSITIVE POWER
          WITH         :     1,045,666 (ITEM 4)
                       :           
                       :___________________________________________________
                       : (8)  SHARED DISPOSITIVE POWER
                       :      NONE
                       :
                       :____________________________________________
          (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
               1,045,666 (ITEM 4)
          _________________________________________________________________
          (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
               SHARES*   / /
          _________________________________________________________________
          (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                APPROXIMATELY 6.4%
          _________________________________________________________________
          (12)  TYPE OF REPORTING PERSON*
                INDIVIDUAL

                                

                        * SEE INSTRUCTIONS BEFORE FILLING OUT!

                        
                                      2 PAGE
<PAGE>
          

          Item 1(a) Name of Issuer:

                    Baldwin Technology Company, Inc.

          Item 1(b) Address of Issuer's Principal Executive Offices:

                    65 Rowayton Avenue, Rowayton, CT  06853

          Item 2(a) Name of Person Filing:

                    Akira Hara

          Item 2(b) Address  of Principal  Business  Office  or,  if  none,
          residence:

                    c/o Baldwin Printing Controls Ltd.
                    Room 10
                    Fung Full Commercial Center
                    480 Kings Road
                    North Point, Hong Kong

          Item 2(c) Citizenship:

                    Japanese

          Item 2(d) Title of Class of Securities:

                    Class A Common Stock

          Item 2(e) CUSIP Number:

                    058264-10-2

          Item 3.   N/A.   Person filing  this Amendment  is not an  entity
                    listed in this Item.

          Item 4.   Ownership:

                    (a)  As  of  December 31,  1993,  Mr.  Akira Hara  owns
                         1,045,666   shares  of   Class  A   Common  Stock,
                         including 800,068 shares  owned directly;  210,600
                         shares  which  he  has  a right  to  receive  upon
                         conversion  of 210,600  shares of  Class B  Common
                         Stock;  20,000 shares  which he  has the  right to
                         acquire   upon  the  exercise   of  stock  options
                         exercisable  within 60  days;  and  14,998  shares
                         which  he  has  a  right to  acquire/receive  upon
                         exercise  of stock  options exercisable  within 60
                         days and  conversion of  14,998 shares of  Class B
                         Common Stock.


                                      3 <PAGE> 
<PAGE>
                    (b)  Percent of Class:

                         Mr.  Hara  beneficially  owns  and  exercises sole
                         voting and dispositive  power of 1,045,666  shares
                         of Class A Common Stock, representing approximately  
                         6.4% of the Class A Shares outstanding.  

                    (c)  See Item 4(b) above.

          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.


          February 8, 1994                   /s/ Akira Hara
                                                 _________________________
                                                 Akira Hara



                                      4 <PAGE> 


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