LINDSAY MANUFACTURING CO
SC 13G/A, 1997-02-12
FARM MACHINERY & EQUIPMENT
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549


                                 SCHEDULE 13G/A
                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
                              (AMENDMENT NO. 1)*



                           Lindsay Manufacturing Co.
                                (Name of Issuer)


                    Common Stock, par value $1.00 per share
                         (Title of Class of Securities)


                                  535555 10 6
                                 (CUSIP Number)




     *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 page.

     The information required on 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.




<PAGE>   2


CUSIP NO.  535555 10 6
           -----------

- --------------------------------------------------------------------------------
(1)  Name of reporting person(s)  Gary D. Parker

     S.S. or I.R.S. identification nos. of above persons  Not Required
- --------------------------------------------------------------------------------
(2)  Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a) [ ]
     Not Applicable                                                      (b) [ ]
- --------------------------------------------------------------------------------
(3)  SEC USE ONLY



- --------------------------------------------------------------------------------
(4)  Citizenship or place of organization  United States
- --------------------------------------------------------------------------------
                      (5)  Sole voting power  386,790
    Number of shares       -----------------------------------------------------
      beneficially    (6)  Shared voting power  none
     owned by each         -----------------------------------------------------
       reporting      (7)  Sole dispositive power  386,790
      person with:         -----------------------------------------------------
                      (8)  Shared dispositive power  none
- --------------------------------------------------------------------------------
(9)  Aggregate amount beneficially owned by each reporting person  386,790
- --------------------------------------------------------------------------------
(10) Check if the aggregate amount in row (9) excludes certain shares        [ ]
     (SEE INSTRUCTIONS)
- --------------------------------------------------------------------------------
(11) Percent of class represented by amount in row (9)  6.0%
- --------------------------------------------------------------------------------
(12) Type of reporting person (SEE INSTRUCTIONS)  IN
- --------------------------------------------------------------------------------

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<PAGE>   3


     ITEM 1(A).  NAME OF ISSUER

     Lindsay Manufacturing Co.

     ITEM 1(B).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES

     East Highway 91
     Lindsay, Nebraska 68644

     ITEM 2(A).  NAME OF PERSON FILING

     Gary D. Parker

     ITEM 2(B).  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE

     East Highway 91
     Lindsay, Nebraska 68644

     ITEM 2(C).  CITIZENSHIP: United States

     ITEM 2(D).  TITLE OF CLASS OF SECURITIES

     Common Stock, par value $1.00 per share

     ITEM 2(E).  CUSIP NO.:  535555 10 6

     ITEM 3.  STATEMENTS FILED PURSUANT TO RULES 13D-1(B) OR 13D-2(B)

     Not Applicable

     ITEM 4.  OWNERSHIP

     (a) Amount Beneficially Owned:    386,790

     (b) Percent of Class:   6.0%

     (c) Number of shares as to which such person has:

         (i)    sole power to vote or to direct the vote  386,790
                                                         ---------
         (ii)   shared power to vote or to direct the vote     0
                                                          ---------
         (iii)  sole power to dispose or to direct the disposition of  386,790
                                                                      ---------
         (iv)   shared power to dispose or to direct the disposition of     0
                                                                       ---------

     Instruction.  For computations regarding securities which represent a
right to acquire an underlying security see Rule 13d-3(d)(1).


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<PAGE>   4


     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.




Date:  February 11, 1997                    /s/ Gary D. Parker
       -----------------                    ----------------------------------
                                            Gary D. Parker



     The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative.  If the statement is
signed on behalf of a person by his authorized representative (other than an
executive officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.

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