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

                          WILLIAM H. SHAW                                       
- --------------------------------------------------------------------------------

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    509,336        
                                                               -----------------
Beneficially Owned
By Each Reporting                   6)      Shared Voting Power         118,028 
Person With                                                    -----------------

                                    7)      Sole Dispositive Power      509,336 
                                                                  --------------

                                    Shared Dispositive Power         118,028   
                                                                  --------------
9)       Aggregate Amount Beneficially Owned by Each Reporting Person
                                 627,364                                       
- --------------------------------------------------------------------------------
10)      Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
         Instructions)



11)      Percent of Class Represented by Amount in Row (9)        13.4%         
                                                          ----------------------

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






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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:  William H. Shaw

         (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:                                627,364

          (b)  Percent of Class:                                           13.4%

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

                         (i)     sole power to direct the vote           494,336

                         (ii)    shared power to vote or to 
                                 direct the vote                         118,028



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                         (iii)   sole power to dispose or to direct the 
                                 disposition of
                                                                         494,336

                         (iv)    shared power to dispose or to direct the 
                                 disposition of 
                                                                         118,028

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/ WILLIAM H. SHAW
                                      ---------------------------------------
                                      Signature


                                      WILLIAM H. SHAW    
                                      ---------------------------------------
                                      Name/Title


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