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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. 1)
PROJECT SOFTWARE & DEVELOPMENT, INC.
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(Name of Issuer)
Common Stock, $0.01 par value per share
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(Title of Class of Securities)
743 39P 101
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(CUSIP Number)
Check the following box if a fee is being paid with the 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
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).
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SCHEDULE 13G
CUSIP No. 743 39P 101 Page 2 of 2 Pages
ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof a reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [X].
ITEM 9 NOTICE OF DISSOLUTION OF GROUP
On or about August 19, 1996, the 1994 Daniels Voting Trust terminated. The
1994 Daniels Voting Trust is no longer a beneficial owner of securities of
the issuer within the meaning of Rule 13d-3. All further filings with
respect to transactions in the security reported on will be filed, if
required, by members of the group, in their individual capacity.
SIGNATURES
After reasonable inquiry and to the best of his or her knowledge and
belief, each of the undersigned certifies that the information set forth in
this statement with respect to him or her is true, complete and correct.
September 6, 1996
ROBERT L. DANIELS
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Robert L. Daniels
SUSAN H. DANIELS
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Susan H. Daniels
THE 1994 DANIELS VOTING TRUST
By: ROBERT L. DANIELS
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Robert L. Daniels, as
Trustee
