SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
LaCrosse Footwear, Inc.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
505688 10 1
(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 on 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).
(Continued on following page(s))
Page 1 of 9 Pages
<PAGE>
13G
CUSIP No. 505688 10 1
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Schneider Family Voting Trust, George W. Schneider, Virginia F.
Schneider, Joseph P. Schneider, Steven M. Schneider and Patrick
Greene, Trustees
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Not Applicable
5 SOLE VOTING POWER
NUMBER OF
-0-
SHARES
6 SHARED VOTING POWER
BENEFICIALLY
3,480,501
OWNED BY
EACH
7 SOLE DISPOSITIVE POWER
REPORTING
3,480,501
PERSON
WITH
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,480,501
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [_]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
52.2%
12 TYPE OF REPORTING PERSON*
OO: a trust
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
13G
CUSIP No. 505688 10 1
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
George W. and Virginia F. Schneider Trust U/A dated September 1,
1987, George W. and Virginia F. Schneider, Co-Trustees
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Not Applicable
5 SOLE VOTING POWER
NUMBER OF
12,000
SHARES
6 SHARED VOTING POWER
BENEFICIALLY
1,320,505
OWNED BY
EACH
7 SOLE DISPOSITIVE POWER
REPORTING
12,000
PERSON
WITH
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,332,505
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [_]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
20.0%
12 TYPE OF REPORTING PERSON*
OO: a trust
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer:
LaCrosse Footwear, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
1319 St. Andrew Street
La Crosse, Wisconsin 54603
Item 2(a). Name of Persons Filing:
Schneider Family Voting Trust ("Voting Trust"),
George W. Schneider, Virginia F. Schneider, Joseph P.
Schneider, Steven M. Schneider and Patrick Greene,
Trustees
George W. and Virginia F. Schneider Trust U/A dated
September 1, 1987 ("Living Trust"), George W. and
Virginia F. Schneider, Co-Trustees
This statement on Schedule 13G is being filed on behalf
of both the Voting Trust and the Living Trust.
1,320,505 shares of the Issuer's Common Stock reported
as beneficially owned by the Living Trust are deposited
in the Voting Trust.
Item 2(b). Address of Principal Business Office or, if none,
Residence:
The address of the Voting Trust is 1319 St. Andrew
Street, La Crosse, Wisconsin 54603
The address of the Living Trust is P. O. Box 71,
Redondo Beach, California 90277
Item 2(c). Citizenship:
Not Applicable
Item 2(d). Title of Class of Securities:
Common Stock, $.01 par value
Item 2(e). CUSIP Number:
505688 10 1
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 (as of December 31, 1996).
Voting Trust
(a) Amount Beneficially Owned: 3,480,501 shares.
(b) Percent of Class: 52.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
- 0 -
(ii) shared power to vote or to direct the vote
3,480,501 shares
(iii) sole power to dispose or to direct the
disposition of
3,480,501 shares
(iv) shared power to dispose or to direct the
disposition of
- 0 -
George W. and Virginia F. Schneider and twelve other
members of their family, including certain affiliated
entities, entered into a voting trust agreement in June
1982, which was amended and restated in December 1990,
and further amended in June 1992 and January 1994.
Pursuant to the trust agreement, as amended, all shares
of the Issuer's former Class A voting Common Stock (now
Common Stock) held by such individuals and entities were
initially deposited into the Voting Trust created
thereunder, and each depositor and beneficiary holding
Voting Trust certificates issued thereunder (which now
includes 18 other members of the Schneider family)
agreed to transfer, assign and set over to the trustees
of the Voting Trust all shares of Common Stock
thereafter acquired, provided that no such depositor or
beneficiary is required to transfer, assign or set over
to the trustees shares of Common Stock acquired by gift
on or after January 15, 1994 from George W. or
Virginia F. Schneider.
Under the Voting Trust, the five trustees (currently,
George W. Schneider, Virginia F. Schneider, Joseph P.
Schneider, Steven M. Schneider and Patrick Greene),
acting by majority action, are vested with the exclusive
right to sell, transfer or dispose of the deposited
shares and to vote such deposited shares in their
discretion on all matters on which such shares are
entitled to vote; provided, however, that in the event
of a proposed recapitalization, reorganization, merger,
consolidation, liquidation, sale of all or substantially
all of the assets of the Issuer or a comparable
transaction, in addition to the necessary vote of the
trustees, any such action shall also require the
affirmative vote or consent of the beneficiaries holding
Voting Trust certificates representing at least 75% of
the aggregate number of votes of the then deposited
shares. The beneficiaries are also entitled to receive
all cash dividends or other distributions (other than in
capital stock of the Issuer) declared and paid on the
deposited shares.
The deposited shares may only be withdrawn from the
Voting Trust by a beneficiary prior to the expiration or
termination of the Voting Trust if the trustees allow
such withdrawal.
The Voting Trust continues in effect until April 1,
2000, and thereafter for up to two additional successive
five-year periods if the trustees so elect.
Notwithstanding the foregoing, in the event of a
reorganization, merger or consolidation in which the
Issuer does not survive, a liquidation of the Issuer, a
sale of all or substantially all of the assets of the
Issuer or a sale of all of the Common Stock held by the
trustees under the Voting Trust, the Voting Trust shall
automatically terminate. Additionally, the Voting Trust
may be terminated at any time prior to the expiration
thereof by the trustees with the affirmative vote or
consent of the beneficiaries holding Voting Trust
certificates representing at least 75% of the aggregate
number of votes of the then deposited shares.
Living Trust
(a) Amount Beneficially Owned: 1,332,505 shares
(b) Percent of Class: 20.0%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote
12,000 shares
(ii) shared power to vote or direct the vote
1,320,505 shares
(iii) sole power to dispose or direct the
disposition of
12,000 shares
(iv) shared power to dispose or direct the
disposition of
- 0 -
1,320,505 shares reported as beneficially owned by the
Living Trust are deposited in the Voting Trust and,
thereby, the Living Trust and its co-trustees, as a
beneficiary of the Voting Trust, share voting power with
the trustees of the Voting Trust over such securities
(see above) but do not have any power to dispose of such
shares (since the trustees of the Voting Trust have sole
dispositive power, see above).
Overall
The aggregate number and percentage of Common Stock of
the Issuer to which this Schedule 13G relates is
3,492,501 shares, representing 52.4% of the 6,667,627
shares outstanding as stated in the Issuer's Form 10-Q
for the quarter ended September 28, 1996.
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 Item 4 above. The Living Trust, as a beneficiary of
the Voting Trust, has the right to receive all cash
dividends from, and the proceeds from the sale of, its
shares of Common Stock held in the Voting Trust.
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
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.
February 5, 1997
Date
SCHNEIDER FAMILY VOTING TRUST
By: /s/ George W. Schneider
George W. Schneider, Trustee
By: /s/ Virginia F. Schneider
Virginia F. Schneider, Trustee
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.
February 5, 1997
Date
GEORGE W. AND VIRGINIA F.
SCHNEIDER TRUST U/A
DATED SEPTEMBER 1, 1987
By: /s/ George W. Schneider
George W. Schneider, Trustee
By: /s/ Virginia F. Schneider
Virginia F. Schneider, Trustee
