HA LO INDUSTRIES INC
SC 13G/A, 1998-02-03
MISC DURABLE GOODS
Previous: HYPERION 2002 TERM TRUST INC, N-30D, 1998-02-03
Next: LONDON PACIFIC GROUP LTD, SC 13G/A, 1998-02-03



<PAGE>

                          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
<PAGE>

   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!
<PAGE>

                     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
<PAGE>
                                      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
                              --------------------------------
                              Date

                              /s/ Lou Weisbach         
                              ---------------------------------
                              Signature


                              Lou Weisbach                      
                              ----------------------------------
                              Name







                              Page 4 of 4 Pages



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission