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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 2
TO
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GEHL COMPANY
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(NAME OF ISSUER)
COMMON STOCK, PAR VALUE, $0.10 PER SHARE
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(TITLE OF CLASS OF SECURITIES)
368483103
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(CUSIP NUMBER)
JAMES H. DAHL
1200 RIVERPLACE BOULEVARD, SUITE 902
JACKSONVILLE, FLORIDA 32207
(904) 393-9020
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICE AND COMMUNICATIONS)
MAY 29, 1998
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(DATE OF EVENT WHICH REQUIRES FILING
OF THIS STATEMENT)
If the filing person has previously filed a statement of Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
statement of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the reporting 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).
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CUSIP No. 368483103
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1) NAMES OF REPORTING PERSONS / S.S OR I.R.S. IDENTIFICATION
NOS. OF ABOVE PERSONS JAMES H. DAHL / ###-##-####
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2) CHECK THE APPROPRIATE ROW IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a) N/A
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(b) N/A
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3) SEC USE ONLY
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4) SOURCE OF FUNDS (SEE INSTRUCTIONS) OO
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5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
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6) CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A.
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7) SOLE VOTING POWER 582,800
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NUMBER OF
SHARES BENE- 8) SHARED VOTING POWER -0-
FICIALLY --------------------------------------
OWNED BY
EACH REPORT- 9) SOLE DISPOSITIVE POWER 582,800
ING PERSON ------------------------------------
WITH
10) SHARED DISPOSITIVE POWER -0-
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11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
582,800
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CUSIP No. 368483103
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12) CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
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13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.11%
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14) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN
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THIS AMENDMENT NO. 2 AMENDS AS SET FORTH HEREIN THE STATEMENT ON SCHEDULE
13D DATED MAY 27, 1997, AS AMENDED BY AMENDMENT NO. 1 TO SCHEDULE 13D DATED
AUGUST 14, 1997, OF JAMES H. DAHL WITH RESPECT TO THE COMMON STOCK, PAR VALUE
$0.10 PER SHARE ("COMMON STOCK"), ISSUED BY GEHL COMPANY (THE "ISSUER").
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby amended by adding the following paragraph:
"Since August 14, 1997, 263,400 shares of Common Stock were sold and
362,200 shares of Common Stock were purchased by Mr. Dahl (collectively, the
"Amendment No. 2 Shares"). The Amendment No. 2 Shares were purchased and sold
by Mr. Dahl through the Accounts. The sources of the $7,356,245 used to
purchase the Amendment No. 2 Shares were funds of the Children's Trusts and the
investment partnership of which Mr. Dahl is the Managing General Partner and
the proceeds from the various sales of the Amendment No. 2 Shares."
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 paragraph (a) and (b) is hereby amended and restated in its
entirety to read as follows:
"(a) and (b) Pursuant to Rule 13d-3, Mr. Dahl may be deemed to be the
beneficial owner of all 582,800 shares of Common Stock to which this Statement
relates, which constitute approximately 9.11% of the 6,397,824 shares of Common
Stock of the Issuer reported to be outstanding by the Issuer to the reporting
person on June 2, 1998."
Item 5 paragraph (c) is hereby amended by adding the following:
"On various dates between April 4, 1998 and June 3, 1998 103,000 shares of
Common Stock were purchased by Mr. Dahl, for the Accounts through brokers in
the open market. The transactions are listed in the table below:
<TABLE>
<CAPTION>
DATE OF PURCHASE
PURCHASE NO. OF SHARES PRICE
--------- ------------- ----------
<S> <C> <C>
24-Apr-98 2,500 $18.750
24-Apr-98 2,500 $18.438
30-Apr-98 10,000 $18.500
14-May-98 20,000 $18.125
14-May-98 10,000 $18.375
21-May-98 2,000 $18.188
21-May-98 2,000 $18.188
</TABLE>
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<TABLE>
<CAPTION>
DATE OF PURCHASE
PURCHASE NO. OF SHARES PRICE
--------- ------------- --------
<S> <C> <C>
22-May-98 5,000 $16.625
26-May-98 10,000 $17.000
27-May-98 5,000 $17.000
27-May-98 4,000 $16.750
29-May-98 16,000 $17.938
29-May-98 1,000 $17.250
01-Jun-98 5,000 $18.250
03-Jun-98 4,000 $19.063
03-Jun-98 4,000 $19.500
</TABLE>
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: June 4, 1998
/s/ James H. Dahl
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JAMES H. DAHL
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