<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)*
SHILOH INDUSTRIES, INC.
-----------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
-----------------------------------------------------------------------------
(Title of Class of Securities)
824543 10 2
-----------------------------------------------------------------------------
(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 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 that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
<PAGE> 2
SCHEDULE 13G
<TABLE>
CUSIP NO. 824543 10 2
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | Dominick C. Fanello |
| | S.S. No. ###-##-#### |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | ---- |
| | (b) [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of American |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 1,637,307 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 175,406 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 1,637,307 |
| | | |
| PERSON |-------|-----------------------------------------------------------------|
| | 8 | SHARED DISPOSITIVE POWER |
| WITH | | |
| | | 175,406 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,812,713 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| | SHARES* [ ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 13.9% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
SCHEDULE 13G
<TABLE>
CUSIP NO. 824543 10 2
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | James C. Fanello |
| | S.S. No. ###-##-#### |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | ---- |
| | (b) [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 1,637,007 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 196,005 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 1,637,007 |
| | | |
| PERSON |-------|-----------------------------------------------------------------|
| | 8 | SHARED DISPOSITIVE POWER |
| WITH | | |
| | | 1,833,012 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,833,012 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| | SHARES* [ ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 14.0% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 4
SCHEDULE 13G
<TABLE>
CUSIP NO. 824543 10 2
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | Robert L. Grissinger |
| | S.S. No. ###-##-#### |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | ---- |
| | (b) [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | united States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 404,049 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 106,906 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 404,049 |
| | | |
| PERSON |-------|-----------------------------------------------------------------|
| | 8 | SHARED DISPOSITIVE POWER |
| WITH | | |
| | | 106,906 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 404,049 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| | SHARES* [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 3.1% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 5
SCHEDULE 13G
<TABLE>
CUSIP NO. 824543 10 2
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | Robert E. Sutter |
| | S.S. No. ###-##-#### |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | ---- |
| | (b) [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 293,049 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 2,000 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 293,049 |
| | | |
| PERSON |-------|-----------------------------------------------------------------|
| | 8 | SHARED DISPOSITIVE POWER |
| WITH | | |
| | | 2,000 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 295,049 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| | SHARES* [ ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 2.2% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 6
SCHEDULE 13G
<TABLE>
CUSIP NO. 824543 10 2
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | MTD Products Inc. |
| | I.R.S. No. 34-0658691 |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | ---- |
| | (b) [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Ohio Corporation |
|---------------------------------------------------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 4,687,735 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 20,000 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 4,687,735 |
| | | |
| PERSON |-------|-----------------------------------------------------------------|
| | 8 | SHARED DISPOSITIVE POWER |
| WITH | | |
| | | 20,000 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 4,707,735 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| | SHARES* [ ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 36.2% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | CO |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 7
SCHEDULE 13G
<TABLE>
CUSIP NO. 824543 10 2
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | Rose M. Fanello |
| | S.S. No. ###-##-#### |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | ---- |
| | (b) [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 175,406 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 1,637,307 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 175,406 |
| | | |
| PERSON |-------|-----------------------------------------------------------------|
| | 8 | SHARED DISPOSITIVE POWER |
| WITH | | |
| | | 1,637,307 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 175,406 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| | SHARES* [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 1.3% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 8
SCHEDULE 13G
<TABLE>
CUSIP NO. 824543 10 2
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | Kathleen M. Fanello |
| | S.S. No. ###-##-#### |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | ---- |
| | (b) [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 170,139 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 1,637,007 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 170,139 |
| | | |
| PERSON |-------|-----------------------------------------------------------------|
| | 8 | SHARED DISPOSITIVE POWER |
| WITH | | |
| | | 1,833,012 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 170,139 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| | SHARES* [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 1.3% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 9
SCHEDULE 13G
<TABLE>
CUSIP NO. 824543 10 2
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | The Richland Bank, as trustee |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | ---- |
| | (b) [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 1,811,623 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | -0- |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 1,811,623 |
| | | |
| PERSON |-------|-----------------------------------------------------------------|
| | 8 | SHARED DISPOSITIVE POWER |
| WITH | | |
| | | -0- |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,811,623 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| | SHARES* [ ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 13.9% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | BK |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 10
SCHEDULE 13G
<TABLE>
CUSIP NO. 824543 10 2
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Key Trust Company of Ohio, N.A., as trustee |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | ---- |
| | (b) [ X ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 1,807,146 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | -0- |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | -0- |
| | | |
| PERSON |-------|-----------------------------------------------------------------|
| | 8 | SHARED DISPOSITIVE POWER |
| WITH | | |
| | | 1,807,146 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 1,807,146 |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |
| | SHARES* [ ] |
| | ---- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 13.8% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | BK |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 11
This Amendment No. 4 (this "Amendment") amends and supplements
Amendment No. 3 filed on February 14, 1997, as amended by Amendment No. 2 filed
on February 14, 1996 as amended by Amendment No. 1 filed on February 14, 1995,
which amended and supplemented the Schedule 13G filed on February 14, 1994 (the
"Schedule 13G"), with the Securities and Exchange Commission (the "Commission")
on behalf of certain of the signatories to the Stockholders Agreement, dated
as of June 22, 1993, by and among the stockholders listed therein and Shiloh
Industries, Inc. (the "Company"), as amended by the First Amendment to the
Stockholders Agreement, dated as of March 11, 1994 (the "Stockholders
Agreement").
ITEM 1.
(a) Name of Issuer: Shiloh Industries, Inc.
(b) Address of Issuer's Principal Executive Offices:
Suite 350, 1013 Centre Road
Wilmington, Delaware 19805
ITEM 2.
(a)-(e). Pursuant to Rule 13d-1(f)(1)-(2) of Regulation 13D-G of the
General Rules and Regulations under the Exchange Act, this Schedule 13G is filed
on behalf of certain individuals and trusts identified below (the "Reporting
Persons") who, pursuant to Rule 13d-5(b)(1), may be deemed as a group to have
acquired beneficial ownership of the Common Stock, par value $.01 per share (the
"Common Stock"), of the Company as a result of such individuals and trusts
becoming signatories to the Stockholders Agreement.
Although the Reporting Persons are making this joint filing, neither
the fact of this filing nor anything contained herein shall be deemed to be an
admission by the Reporting Persons that a group exists within the meaning of the
Exchange Act.
The names and the resident address of the Reporting Persons are listed
below. All of the individuals listed below are citizens of the United States of
America. Each Reporting Person beneficially owns shares of Common Stock, CUSIP
No. 824543 10 1.
NAME ADDRESS
- ----------------------------------------------------------
Dominick C. Fanello 2521 Hanley Road
Lucas, OH 44843
James C. Fanello 2577 East Hanley Road
Lucas, OH 44843
Robert L. Grissinger 2035 Greenbriar Drive
Mansfield, OH 44907
Robert E. Sutter 51A Rome-Greenwhich Road
Shiloh, OH 44878
Rose M. Fanello 2521 Hanley Road
Lucas, OH 44843
Kathleen M. Fanello 2577 East Hanley Road
Lucas, OH 44843
The names and principal business address of the corporations which are
Reporting Persons and may also be deemed to share beneficial ownership of the
Common Stock (also beneficially owned by certain of the Reporting Persons listed
above) as trustees of trusts that are signatories to the Stockholders Agreement
is as follows:
<PAGE> 12
MTD Products Inc is organized under the laws of the State of Ohio.
The principal executive offices of MTD Products Inc are located at 5965
Grafton Road, Valley City, Ohio 44280.
The Richland Bank acts as trustee for the Dominick C. Fanello Trust and
Rose M. Fanello Trust. The address of The Richland Bank is 3 North Main Street,
Mansfield, Ohio 44902. The Richland Bank, as trustee, is a party to the
Stockholders Agreement and may be deemed to beneficially own shares of Common
Stock in such fiduciary capacity.
Key Trust Company of Ohio, N.A., formerly known as Society Bank & Trust
("Key Trust") acts as trustee for the James C. Fanello Trust and the Kathleen M.
Fanello Trust. The address of Key Trust is 42 North Main Street, Mansfield, Ohio
44902. Key Trust, as trustee, is a party to the Stockholders Agreement and may
be deemed to beneficially own shares of Common Stock in such capacity.
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A :
Not applicable.
ITEM 4. OWNERSHIP.
Item 4 of the Schedule 13G hereby is amended by deleting such Item 4 in
its entirety and replacing it with the following:
(a)-(c). Although each Reporting Person disclaims beneficial ownership
of any shares of Common Stock beneficially owned by each other Reporting Person,
pursuant to the Exchange Act and the regulations thereunder, the Reporting
Persons may be deemed as a group to have acquired beneficial ownership of
9,025,602 shares of Common Stock, the aggregate number of shares of Common Stock
which are subject to the terms of the Stockholders Agreement, representing 68.7%
of the outstanding Common Stock as of December 31, 1997.
Each person named in response to Item 2 hereof has, as of December 31,
1997, sole or shared power to vote or to direct the vote and sole or shared
power to dispose or to direct the disposition of the Common Stock as follows:
Dominick C. Fanello. Mr. D. Fanello has the sole power to vote and to
dispose of 1,637,007 shares of Common Stock currently held by The Richland Bank,
as trustee for the Dominick C. Fanello Trust, due to an immediate right to
revoke such trust. Mr. D. Fanello also has the sole power to vote and to dispose
of 300 shares of Common Stock he holds as custodian for three minor
grandchildren. Mr. D. Fanello is the husband of Rose M. Fanello; consequently,
Mr. D. Fanello may be deemed to have shared voting and dispositive power with
respect to the 174,616 shares of Common Stock beneficially owned by his wife
pursuant to a trust and 790 shares owned of record by his wife. Collectively,
these shares of Common Stock constitute approximately 13.9% of the outstanding
Common Stock of the Company.
James C. Fanello. Mr. J. Fanello has the sole power to vote and to
dispose of 1,637,007 shares of Common Stock that are currently held by Key
Trust, as trustee for the James C. Fanello Trust, due to an immediate right to
revoke such trust. Mr. J. Fanello currently shares dispositive power with the
trustee as to the 1,637,007 shares held by the trust. In addition, Mr. J.
Fanello has the right to acquire 25,000 shares of Common Stock subject to the
exercise of stock options, which are currently exercisable and he owns 866
shares of Common Stock through his participation in the Company's defined
contribution benefit plans. Mr. J. Fanello is the husband of Kathleen M.
Fanello; consequently, Mr. Fanello may be deemed to have shared voting and
dispositive power with respect to the 170,139 shares owned by his wife.
Collectively, the shares of Common Stock constitute approximately 14.0% of the
outstanding Common Stock of the Company.
Robert L. Grissinger. Mr. Grissinger has the sole power to vote and to
dispose of 301,549 shares of Common Stock. In addition, Mr. Grissinger is deemed
to have the
<PAGE> 13
sole power to vote and to dispose of 102,500 shares of Common Stock he may
acquire through the exercise of stock options. Mr. Grissinger serves as a
trustee of the Company's defined contribution benefit plans and, in such
capacity, exercises shared voting and dispositive power with respect to the
106,906 shares of Common Stock held by such benefit plans. Mr. Grissinger
disclaims beneficial ownership of the 106,906 shares held by the benefit plans.
Collectively, these 510,955 shares of Common Stock constitute approximately 3.9%
of the outstanding Common Stock of the Company.
Robert E. Sutter. Mr. Sutter has the sole power to vote and to dispose
of 293,049 shares of Common Stock. Mr. Sutter may be deemed to have shared
voting and dispositive power with respect to 2,000 shares of Common Stock owned
by his spouse. These 295,049 shares of Common Stock constitute approximately
2.2% of the outstanding Common Stock of the Company.
MTD Products Inc. MTD Products Inc has the sole power to vote and to
dispose of 4,687,735 shares of Common Stock. In addition, MTD Products Inc.
shares voting and investment power with respect to 20,000 shares of Common
Stock held by the Jochum-Moll Foundation. The holdings for MTD Products Inc
constitute approximately 36.2% of the outstanding Common Stock of the Company.
Rose M. Fanello. Ms. Fanello has the sole power to vote and to dispose
of 174,616 shares of Common Stock that are currently held by The Richland Bank,
as trustee for the Rose M. Fanello Trust, due to an immediate right to revoke
such trust, and of 790 shares owned of record by Ms. Fanello, which constitutes
approximately 1.3% of the outstanding Common Stock of the Company. Ms. Fanello
is the wife of Dominick C. Fanello, consequently Ms. Fanello may be deemed to
have shared voting and dispositive power with respect to 1,637,307 of the shares
of Common Stock beneficially owned by her husband. Ms. Fanello disclaims
beneficial ownership of these 1,637,307 shares.
Kathleen M. Fanello. Ms. Fanello has the sole power to vote and to
dispose of 170,139 shares of Common Stock that are currently held by Key Trust,
as trustee for the Kathleen M. Fanello Trust, due to an immediate right to
revoke such trust, which collectively constitutes approximately 1.3% of the
outstanding Common Stock. Ms. Fanello currently shares dispositive power with
the trustee as to the 170,139 shares held by the trust. Ms. Fanello is the wife
of James C. Fanello; consequently, Ms. Fanello may be deemed to have shared
voting and dispositive power with respect to 1,662,873 of the shares
beneficially owned by her husband. Ms. Fanello disclaims beneficial ownership of
these 1,662,873 shares.
The Richland Bank. As trustee for the Dominick C. Fanello Trust and the
Rose M. Fanello Trust, The Richland Bank may be deemed to have sole power to
vote and to dispose of an aggregate of 1,811,623 shares of Common Stock, which
constitutes approximately 13.9% of the outstanding Common Stock. The Bank
disclaims beneficial ownership of these shares.
Key Trust Company of Ohio, N.A. As trustee for the James C. Fanello
Trust and the Kathleen M. Fanello Trust, Key Trust may be deemed to have the
sole power to vote and shared power to dispose of an aggregate of 1,807,146
shares of Common Stock, which collectively constitutes approximately 13.8% of
the outstanding Common Stock. Key Trust disclaims beneficial ownership of these
shares.
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
See Response to Item 4.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
<PAGE> 14
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
This Schedule 13G is being filed by a group pursuant to Rule 13d-1(c).
See EXHIBIT D attached hereto for the identity of each member of the group.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable.
ITEM 10. CERTIFICATION
Not Applicable.
<PAGE> 15
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: February 17, 1998 By: /s/ G. Rodger Loesch
------------------------------------
Name: G. Rodger Loesch*
Attorney-in-Fact for the Following
Reporting Persons:
*Dominick C. Fanello
*James C. Fanello
*Robert L. Grissinger
*Robert E. Sutter
*MTD Products Inc
*Rose M. Fanello
*Kathleen M. Fanello
*The Richland Bank, as trustee
*Key Trust of Ohio, N.A., as trustee
* In accordance with Rule 13d-l(f)(1)(iii) of Regulation 13D-G of the General
Rules and Regulations under the Exchange Act, this Amendment No. 4 to the
Schedule 13G is filed pursuant to an agreement among the above listed parties,
which was attached as EXHIBIT A1 to the Amendment No. 2 to the Schedule 13G
previously filed with the SEC on February 14, 1996. The Powers of Attorney
authorizing G. Rodger Loesch to act on behalf of each of the above listed
parties was attached as EXHIBIT C to the Schedule 13G previously filed with the
SEC on February 14, 1994.
<PAGE> 16
EXHIBIT INDEX
EXHIBIT NO. EXHIBIT DESCRIPTION PAGE
- --------------------------------------------------------------------------------
D Identification of Members of the Group.
<PAGE> 17
EXHIBIT D
IDENTIFICATION OF MEMBERS OF THE GROUP
This Schedule 13G is filed by members of a group pursuant to
Rule 13d-1(c) under the Securities Exchange Act of 1934. The identification of
members of the group is as follows:
NAME TYPE OF REPORTING PERSON
- --------------------------------------------------------------------------------
Dominick C. Fanello Individual
James C. Fanello Individual
Robert L. Grissinger Individual
Robert E. Sutter Individual
MTD Products Inc Corporation
Rose M. Fanello Individual
Kathleen M. Fanello Individual
The Richland Bank Bank
Key Trust Company of Ohio, N.A. Bank
