<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
QUINTILES TRANSNATIONAL CORP.
-----------------------------
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
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(Title of Class of Securities)
748767-10-0
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
* 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).
(Continued on following page(s))
Page 1 of 4 Pages.
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13G
CUSIP No. 748767-10-0 Page 2 of 4 Pages
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1) NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Dennis B. Gillings, Ph.D.
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ ]
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3) SEC USE ONLY
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4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5) SOLE VOTING POWER
NUMBER OF 3,465,203*
SHARES -----------------------------------------------------
BENEFICIALLY 6) SHARED VOTING POWER
OWNED BY
EACH 252,011*
REPORTING -----------------------------------------------------
PERSON 7) SOLE DISPOSITIVE POWER
WITH
3,388,417*
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8) SHARED DISPOSITIVE POWER
328,797*
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9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,717,214*
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10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
[ ]
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
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12) TYPE OF REPORTING PERSON (See Instructions)
IN
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* See Item 4 attached.
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13G
CUSIP No. 748767-10-0 Page 3 of 4 Pages
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The Statement on Schedule 13G of the Quintiles Transnational Corp.
Employee Stock Ownership Plan and Trust relating to shares of Common Stock, $.01
par value per share, of Quintiles Transnational Corp. is hereby amended and
restated as set forth below.
Pursuant to Rule 13d-2(c) under the Securities Exchange Act of 1934,
previously filed paper exhibits are not being restated.
ITEM 1
(a) Name of Issuer
Quintiles Transnational Corp.
(b) Address of Issuer's Principal Executive Offices
4709 Creekstone Drive, Suite 300,
Durham, North Carolina 27703-8411
ITEM 2
(a) Name of Person Filing
Dennis B. Gillings, Ph.D.
(b) Address of Principal Business Office or, if none, Residence
4709 Creekstone Drive, Suite 300,
Durham, North Carolina 27703-8411
(c) Citizenship:
United States
(d) Title of Class of Securities
Common Stock, par value $0.01 per share
(e) CUSIP Number
748767-10-0
ITEM 3
Not applicable.
ITEM 4 Ownership
(a) Amount Beneficially Owned: 3,717,214
(b) Percent of Class: 11.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 3,465,203
(ii) shared power to vote or to direct the
vote: 252,011(1)
(iii) sole power to dispose or to direct the
disposition of: 3,388,417
(iv) shared power to dispose or to direct the
disposition of: 328,797(1)
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13G
CUSIP No. 748767-10-0 Page 4 of 4 Pages
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(1) Dr. Gillings disclaims beneficial ownership of 3,302 shares
held by his daughter and 128,709 shares held by his wife and
disclaims beneficial ownership of 120,000 shares held by the
Gillings Family Limited Partnership, except to the extent of
his interest therein.
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.
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 12, 1997
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Date
/s/ Dennis B. Gillings
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Dennis B. Gillings, Ph.D.
