SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
SUPERCONDUCTOR TECHNOLOGIES, INC.
(Name of Issuer)
Common Stock, $0.001 Par Value
(Title of Class of Securities)
867931107
(CUSIP Number)
March 26, 1998
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed.
[ ] Rule 13d-1(b)
[ ] Rule 13d-(c)
[ X ] Rule 13d-1(c)
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 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 this section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
<PAGE>
CUSIP NO. 867931107
1 Name of Reporting Person S.S. or I.R.S. Identification No. of above Person
C. G. GREFENSTETTE
I.D. ####-##-####
2 Check the Appropriate Box if Member of a Group (a) [ X ]
(b) [ ]
3 SEC Use Only
4 Citizenship of Place of Organization
U.S.
Number of 5 Sole Voting Power
Shares
Beneficially
Owned by 6 Shares Voting Power
Each 1,338,095 (See Item(4)(a))
Reporting
Person 7 Sole Dispositive Power
With
8 Shared Dispositive Power
1,338,095 (See Item (4)(a))
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,338,095
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
11 Percent of Class Represented by Amount in Row (11)
15.19%
12 Type of Reporting Person
IN
<PAGE>
CUSIP NO. 867931107
1 Name of Reporting Person S.S. or I.R.S. Identification No. of above Person
HENRY L. HILLMAN
I.D. ####-##-####
2 Check the Appropriate Box if Member of a Group (a) [ X ]
(b) [ ]
3 SEC Use Only
4 Citizenship of Place of Organization
U.S.
Number of 5 Sole Voting Power
Shares
Beneficially
Owned by 6 Shares Voting Power
Each 1,338,095 (See Item(4)(a))
Reporting
Person 7 Sole Dispositive Power
With
8 Shared Dispositive Power
1,338,095 (See Item (4)(a))
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,338,095
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
11 Percent of Class Represented by Amount in Row (11)
15.19%
12 Type of Reporting Person
IN
<PAGE>
CUSIP NO. 867931107
1 Name of Reporting Person S.S. or I.R.S. Identification No. of above Person
ELSIE HILLIARD HILLMAN
I.D. ####-##-####
2 Check the Appropriate Box if Member of a Group (a) [ X ]
(b) [ ]
3 SEC Use Only
4 Citizenship of Place of Organization
U.S.
Number of 5 Sole Voting Power
Shares
Beneficially
Owned by 6 Shares Voting Power
Each 1,338,095 (See Item(4)(a))
Reporting
Person 7 Sole Dispositive Power
With
8 Shared Dispositive Power
1,338,095 (See Item (4)(a))
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,338,095
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
11 Percent of Class Represented by Amount in Row (11)
15.19%
12 Type of Reporting Person
IN
<PAGE>
CUSIP NO. 867931107
1 Name of Reporting Person S.S. or I.R.S. Identification No. of above Person
HENRY L. HILLMAN, ELSIE HILLIARD HILLMAN AND
C. G. GREFENSTETTE, TRUSTEES OF THE HENRY L. HILLMAN
TRUST U/A DATED NOVEMBER 18, 1985 I.D.# 18-2145466
2 Check the Appropriate Box if Member of a Group (a) [ X ]
(b) [ ]
3 SEC Use Only
4 Citizenship of Place of Organization
Pennsylvania
Number of 5 Sole Voting Power
Shares
Beneficially
Owned by 6 Shares Voting Power
Each 1,338,095 (See Item(4)(a))
Reporting
Person 7 Sole Dispositive Power
With
8 Shared Dispositive Power
1,338,095 (See Item (4)(a))
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,338,095
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
11 Percent of Class Represented by Amount in Row (11)
15.19%
12 Type of Reporting Person
OO
<PAGE>
CUSIP NO. 867931107
1 Name of Reporting Person S.S. or I.R.S. Identification No. of above Person
THE HILLMAN COMPANY I.D.# 25-1011286
2 Check the Appropriate Box if Member of a Group (a) [ X ]
(b) [ ]
3 SEC Use Only
4 Citizenship of Place of Organization
Pennsylvania
Number of 5 Sole Voting Power
Shares
Beneficially
Owned by 6 Shares Voting Power
Each 1,338,095 (See Item(4)(a))
Reporting
Person 7 Sole Dispositive Power
With
8 Shared Dispositive Power
1,338,095 (See Item (4)(a))
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,338,095
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
11 Percent of Class Represented by Amount in Row (11)
15.19%
12 Type of Reporting Person
CO
<PAGE>
CUSIP NO. 867931107
1 Name of Reporting Person S.S. or I.R.S. Identification No. of above Person
WILMINGTON INVESTMENTS, INC. I.D.# 51-0034468
2 Check the Appropriate Box if Member of a Group (a) [ X ]
(b) [ ]
3 SEC Use Only
4 Citizenship of Place of Organization
Delaware
Number of 5 Sole Voting Power
Shares
Beneficially
Owned by 6 Shares Voting Power
Each 1,338,095 (See Item(4)(a))
Reporting
Person 7 Sole Dispositive Power
With
8 Shared Dispositive Power
1,338,095 (See Item (4)(a))
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,338,095
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
11 Percent of Class Represented by Amount in Row (11)
15.19%
12 Type of Reporting Person
CO
<PAGE>
CUSIP NO. 867931107
1 Name of Reporting Person S.S. or I.R.S. Identification No. of above Person
WILMINGTON SECURITIES, INC. I.D.# 51-0114700
2 Check the Appropriate Box if Member of a Group (a) [ X ]
(b) [ ]
3 SEC Use Only
4 Citizenship of Place of Organization
Delaware
Number of 5 Sole Voting Power
Shares
Beneficially
Owned by 6 Shares Voting Power
Each 1,338,095 (See Item(4)(a))
Reporting
Person 7 Sole Dispositive Power
With
8 Shared Dispositive Power
1,338,095 (See Item (4)(a))
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,338,095
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
11 Percent of Class Represented by Amount in Row (11)
15.19%
12 Type of Reporting Person
CO
<PAGE>
Item 1(a) Name of Issuer
Superconductor Technologies, Inc.
Item 1(b) Address of Issuer's Principal Executive Office:
460 Ward Drive, Suite F
Santa Barbara, California 93111-2310
Item 2(a) Name of Person Filing:
(i) Wilmington Securities, Inc., a wholly-owned subsidiary of
Wilmington Investments, Inc.
(ii) Wilmington Investments, Inc., a wholly-owned subsidiary
of The Hillman Company.
(iii) The Hillman Company, a corporation controlled by the
HLH Trust.
(iv) Henry L. Hillman, Elsie Hilliard Hillman and C. G. Grefenstette,
Trustees of the Henry L. Hillman Trust U/A/ dated November 18,
1985 (the "HLH Trust").
(v) Elsie Hilliard Hillman
(vi) Henry L. Hillman
(vii) C. G. Grefenstette
Item 2(b) Address of the Principal Business Office:
Wilmington Securities, Inc. and Wilmington
Investments, Inc.
824 Market Street, Suite 900
Wilmington, Delaware 19801
The Hillman Company, Henry L. Hillman, Elsie Hilliard Hillman and
C. G. Grefenstette, Trustees of the Henry L. Hillman Trust U/A dated
November 18, 1985
1900 Grant Building
Pittsburgh, Pennsylvania 15219
Elsie Hilliard Hillman, Henry L. Hillman and C. G. Grefenstette
2000 Grant Building
Pittsburgh, Pennsylvania 15219
Item 2(c) Citizenship:
Wilmington Securities, Inc. and Wilmington
Investments, Inc. are Delaware corporations.
The Hillman Company is a Pennsylvania corporation.
Henry L. Hillman, Elsie Hilliard Hillman and C. G. Grefenstette,
Trustees of the Henry L. Hillman Trust U/A dated November 18, 1985
is a Pennsylvania trust.
Elsie Hilliard Hillman, Henry L. Hillman and C. G. Grefenstette
are U.S. citizens.
Item 2(d) Title of Class of Securities:
Common Stock, $.001 Par Value
Item 2(e) CUSIP Number
867931107
Item 3 Not Applicable
Item 4 Ownership:
(a) Amount Beneficially Owned:
238,095 shares of Common Stock are owned of record and
beneficially by Wilmington Securities, Inc. Wilmington
Securities, Inc. also owns 500,000 shares of Series A Preferred
Stock which are convertible into 1,000,000 shares of Common
Stock. Wilmington Securities, Inc. owns a Warrant for 100,000
shares of Common Stock. Wilmington Securities, Inc. is a
wholly-owned subsidiary of Wilmington Investments, Inc.
Wilmington Investments, Inc. is a wholly-owned subsidiary
of The Hillman Company, which is controlled by the HLH Trust.
(b) Percent of Class
15.19%
(c) Number of Shares as to which such person has:
(i) sole power to vote or direct the vote
(ii) shared power to vote or to direct the vote
1,338,095
(See Item (4)(a))
(iii) sole power to dispose or to direct the disposition of
(iv) shared power to dispose or to direct the disposition of
1,338,095
(See Item (4)(a))
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:
By signing below we certify that, to the best of our knowledge and
belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having that purpose or effect.
SIGNATURES
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.
WILMINGTON SECURITIES, INC.
/s/ Andrew H. McQuarrie
By: _______________________________
Andrew H. McQuarrie, Vice President
WILMINGTON INVESTMENTS, INC.
/s/ Andrew H. McQuarrie
By: _______________________________
Andrew H. McQuarrie, Vice President
THE HILLMAN COMPANY
/s/ Lawrence M. Wagner
By: _______________________________
Lawrence M. Wagner, President
HENRY L. HILLMAN, ELSIE HILLIARD.
HILLMAN AND C. G. GREFENSTETTE,
TRUSTEES OF THE HENRY L.
HILLMAN TRUST U/A DATED
NOVEMBER 18, 1985
/s/ C. G. Grefenstette
___________________________________
C. G. Grefenstette, Trustee
/s/ Elsie Hilliard Hillman
___________________________________
Elsie Hilliard Hillman
/s/ Henry L. Hillman
___________________________________
Henry L. Hillman
/s/ C. G. Grefenstette
___________________________________
C. G. Grefenstette
April 3, 1998
Date
