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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
LEHMAN BROTHERS HOLDINGS INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
524908 10 0
(CUSIP Number)
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SCHEDULE 13G
CUSIP NO.: 524908 10 0
(1) NAME OF REPORTING PERSON: Nippon Life Insurance Company
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |_|
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION: Japan
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE VOTING POWER: 8,400,307
(6) SHARED VOTING POWER:
(7) SOLE DISPOSITIVE POWER: 8,400,307
(8) SHARED DISPOSITIVE POWER:
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 8,400,307
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |_|
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 8.0%
(12) TYPE OF REPORTING PERSON: IC
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ITEM 1(a). NAME OF ISSUER:
Lehman Brothers Holdings Inc. (the "Issuer")
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
3 World Financial Center
New York, NY 10285
ITEM 2(a). NAME OF PERSON FILING:
Nippon Life Insurance Company
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE:
2-2 Yurakucho, 1-chome
Chiyoda-ku, Tokyo 100,
Japan
ITEM 2(c). CITIZENSHIP:
Japan
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
524908 10 0
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR
13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
(a) |_| Broker or dealer registered under Section 15 of
the Act,
(b) |_| Bank as defined in Section 3(a)(6) of the Act,
(c) /X/ Insurance Company as defined in Section
3(a)(19) of the Act,
(d) |_| Investment Company registered under Section 8
of the Investment Company Act,
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(e) |_| Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940,
(f) |_| Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund, see
13d-1(b)(1)(ii)(F),
(g) |_| Parent Holding Company, in accordance with
Rule 13d-1(b)(ii)(G); see Item 7,
(h) |_| Group, in accordance with Rule
13d-1(b)(1)(ii)(H).
ITEM 4. OWNERSHIP.
If the percent of the class owned, as of December 31 of the year
covered by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.
(a) Amount beneficially owned:
8,400,307
(b) Percent of class: 8.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
8,400,307
(ii) Shared power to vote or to direct the vote:
-0-
(iii) Sole power to dispose or to direct the
disposition of:
8,400,307
(iv) Shared power to dispose or to direct the
disposition of: -0-
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the
date hereof the Reporting Person has ceased to be the beneficial owner of more
than five percent of the Common Stock, check the following |_|.
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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.
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
February 12, 1997
NIPPON LIFE INSURANCE COMPANY
By: /s/ Junichi Miyagaki
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Junichi Miyagaki
Deputy Chief Rep.
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