SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
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).
<PAGE>
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
3,451,299
OWNED BY
EACH
7 SOLE DISPOSITIVE POWER
REPORTING
3,451,299
PERSON
WITH
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,451,299
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [_]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
51.8%
12 TYPE OF REPORTING PERSON*
OO: a trust
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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
1,000
SHARES
6 SHARED VOTING POWER
BENEFICIALLY
1,317,005
OWNED BY
EACH
7 SOLE DISPOSITIVE POWER
REPORTING
1,000
PERSON
WITH 8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,318,005
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.8%
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. 1,317,005
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: 3,451,299 shares.
(b) Percent of Class: 51.8%
(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
3,451,299 shares
(iii)sole power to dispose or to direct the
disposition of
3,451,299 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 at certain other times
thereafter. 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 11 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; provided, however, that on January 31 of each
year commencing on January 31, 1998 each beneficiary will
automatically withdraw 10,000 shares.
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: 1,318,005 shares
(b) Percent of Class: 19.8%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote
1,000 shares
(ii) shared power to vote or direct the vote
1,317,005 shares
(iii)sole power to dispose or direct the
disposition of
1,000 shares
(iv) shared power to dispose or direct the disposition
of
- 0 -
1,317,005 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
3,452,299 shares, representing 51.8% of the 6,667,727
shares outstanding as stated in the Issuer's Form 10-Q
for the quarter ended September 27, 1997.
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
<PAGE>
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.
January 27, 1998
Date
SCHNEIDER FAMILY VOTING TRUST
By: /s/ George W. Schneider
George W. Schneider, Trustee
By: /s/ Virginia F. Schneider
Virginia F. Schneider, Trustee
<PAGE>
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.
January 27, 1998
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
