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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. 6)*
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)
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_____________________________________________________________________
CUSIP NO. 058264-10-2 13G
_____________________________________________________________________
/1/ NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WENDELL M. SMITH - S.S. ####-##-####
_____________________________________________________________________
/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 : /5/ SOLE VOTING POWER
: 1,275,270 shares (ITEM 4)
SHARES :__________________________________________
: /6/ SHARED VOTING POWER
BENEFICIALLY : NONE
:____________________________________________
OWNED BY : /7/ SOLE DISPOSITIVE POWER
: 1,275,270 shares (ITEM 4)
EACH :____________________________________________
: /8/ SHARED DISPOSITIVE POWER
REPORTING PERSON : NONE
________________________ :____________________________________________
/9/ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,275,270 shares (ITEM 4)
_____________________________________________________________________
/10/ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* /*/ 14,400 shares owned by Margaret Smith, wife of
Reporting Person, as to which shares Mr. Smith
disclaims beneficial ownership.
_____________________________________________________________________
/11/ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
APPROXIMATELY 7.7%
_____________________________________________________________________
/12/ TYPE OF REPORTING PERSON*
INDIVIDUAL
______________________________________________________________________
* SEE INSTRUCTIONS BEFORE FILLING OUT!
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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: Wendell M. Smith
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE:
c/o Baldwin Technology Company, Inc.
65 Rowayton Avenue
Rowayton, CT 06853
ITEM 2(C) CITIZENSHIP: U.S.
ITEM 2(D) TITLE OF CLASS OF SECURITIES:
Class A Common Stock
ITEM 2(E) CUSIP NUMBER: 058264-10-2
ITEM 3. Not Applicable. The person filing this Amendment is
not an entity listed in this Item.
ITEM 4. OWNERSHIP:
(A) As of December 31, 1994, Mr. Wendell M. Smith is
deemed to be the beneficial owner of 1,275,270
shares of Class A Common Stock of the Issuer,
including 11,134 shares owned directly; 612,750
shares owned by Polestar Corporation (f/k/a
Polaris Corporation); 23,334 shares owned by
Polestar Limited; 35,000 shares owned by the
Polestar Corporation retirement plan (all the
outstanding capital stock of Polestar Corporation
and Polestar Limited are owned, beneficially and
of record, by Mr. Smith); 1,037 shares held in Mr.
Smith's account under the Issuer's Profit Sharing
and Savings Plan (as of 9/30/94, the most recent
date for which the record keeper for said Plan has
provided statements); 24,000 shares which he has a
right to receive upon conversion of 24,000 shares
of Class B Common Stock of the Issuer; 504,015
shares which he has a right to receive upon
conversion of 504,015 shares of Class B Common
Stock of the Issuer (beneficially owned by
Polestar Corporation; 20,668 shares which he has a
right to receive upon conversion of 20,668 shares
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of Class B Common Stock of the Issuer (beneficially
owned by Polestar Limited); 16,666 shares which
Mr. Smith has the right to acquire upon the
exercise of stock options which are exercisable
within 60 days; and 26,666 shares which he has a
right to receive upon exercise of stock options
and conversion of 26,666 shares of stock options
to purchase Class B Common Stock, which are
exercisable within 60 days. The foregoing amount
does not include 14,400 shares of Class A Common
Stock owned by Mr. Smith's spouse, as to which
shares Mr. Smith disclaims beneficial ownership.
(B) PERCENT OF CLASS: 7.7%
(C) Mr. Wendell M. Smith has sole power to vote,
dispose and direct the disposition of all
1,275,270 shares which he beneficially owns.
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 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 7, 1995 Wendell M. Smith
_____________________________
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