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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
HA-LO INDUSTRIES, INC.
(Name of Issuer)
COMMON STOCK, NO PAR VALUE
(Title of Class of Securities)
404429 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 on 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)
Page 1 of 4 Pages
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CUSIP NO. 404429 10 2 13G Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lou Weisbach
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
5 SOLE VOTING POWER
NUMBER OF 1,910,635
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH
REPORTING -0-
PERSON WITH
7 SOLE DISPOSITIVE POWER
1,910,635
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,910,635
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
/x/
EXCLUDES 85,000 SHARES HELD IN IRREVOCABLE TRUST FOR THE BENEFIT OF THE
SPOUSE OF THE REPORTING PERSON, BUT OVER WHICH THE REPORTING PERSON HAS
NO SOLE OR SHARED POWERS TO VOTE OR DISPOSE.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.0%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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ONLY THOSE ITEMS AMENDED ARE REPORTED HEREIN
Unless otherwise defined, all capitalized terms used herein shall have the
meanings assigned to them in the initial Schedule 13G filed by the Reporting
Person.
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned: 1,910,635 shares*
(b) Percent of Class: 9.0%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote: 1,910,635
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of:
1,910,635
(iv) shared power to dispose or to direct the disposition of: -0-
* EXCLUDES 85,000 SHARES HELD IN IRREVOCABLE TRUST FOR THE BENEFIT OF THE SPOUSE
OF THE REPORTING PERSON, BUT OVER WHICH THE REPORTING PERSON HAS NO SOLE OR
SHARED POWERS TO VOTE OR DISPOSE.
Page 3 of 4 Pages
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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.
Effective as of January 1, 1998
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Date
/s/ Lou Weisbach
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Signature
Lou Weisbach
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Name
Page 4 of 4 Pages