UFP TECHNOLOGIES INC
SC 13G/A, 1999-02-12
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                (AMENDMENT NO. 5)



                             UFP TECHNOLOGIES, INC.
                                (Name of Issuer)

                          COMMON STOCK - $.01 PAR VALUE

                                    902673102
                                 (CUSIP Number)








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                                  SCHEDULE 13G

CUSIP No. 902673102

1)       Names of Reporting Persons; S.S. or I.R.S. Identification Nos. of Above
         Persons

                          RICHARD L. BAILLY                                     
- --------------------------------------------------------------------------------

2)       Check the Appropriate Box if a Member of a Group (See Instructions)

         (a)
            --------------------------------------------------------------------

         (b)
            --------------------------------------------------------------------

3)       SEC Use Only
                     -----------------------------------------------------------
4) Citizenship or Place of Organization U.S.A.
                                        ----------------------------------------

Number of Shares                    5)      Sole Voting Power           281,318
                                                             ------------------
Beneficially Owned
By Each Reporting                   6)      Shared Voting Power         175,924
Person With                                                   -----------------

                                    7)      Sole Dispositive Power      281,318
                                                                  --------------

                                    8)      Shared Dispositive Power    175,924
                                                                    ------------

9)       Aggregate Amount Beneficially Owned by Each Reporting Person
                                    457,242                                     
- --------------------------------------------------------------------------------

10)      Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
         Instructions)

- --------------------------------------------------------------------------------

11)      Percent of Class Represented by Amount in Row (9)        9.7%          
                                                          ---------------------

12)      Type of Reporting Person (See Instructions)          IN                
                                                    ----------------------------






                                       -2-

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                       SECURITIES AND EXCHANGE COMMISSION

                                  SCHEDULE 13G

                                 AMENDMENT NO.5


Item 1   (a) Name of Issuer:  UFP Technologies, Inc.

         (b) Address of Issuer's Principal Executive Offices:

                         172 East Main Street
                         Georgetown, Massachusetts 01833

Item 2   (a) Name of Person Filing:  Richard L. Bailly

         (b) Address of Principal Business Office or, if none, Residence:

                         172 East Main Street
                         Georgetown, Massachusetts 01833

         (c) Citizenship:  USA

         (d) Title of Class of Securities, Common Stock, $.01 par value

         (e) CUSIP NUMBER:  902673102

Item 3       If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), 
             check whether the person filing is a:

                                            Not Applicable

Item 4    (a) Amount Beneficially Owned:                                457,242

          (b) Percent of Class:                                         9.7%

          (c) Number of Shares as to which such person has:

                         (i)     sole power to direct the vote           281,318

                         (ii)    shared power to vote or to direct the 
                                 vote                                    175,924


                                       -3-

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                         (iii)   sole power to dispose or to direct the 
                                 disposition of
                                                                        281,318

                         (iv)    shared power to dispose or to direct the 
                                 disposition of 
                                                                         175,924


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

                Not Applicable

After reasonable inquiry and to the best of my knowledge and belief, I hereby
certify that the information set forth in this statement is true, complete and
correct.

                                     FEBRUARY 12, 1999                          
                                     -------------------------------------
                                     Date


                                     /S/  RICHARD L. BAILLY                    
                                     -------------------------------------
                                     Signature


                                     RICHARD L. BAILLY                          
                                     -------------------------------------
                                     Name/Title


                                       -4-

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