TREND LINES INC
SC 13G/A, 1997-04-28
CATALOG & MAIL-ORDER HOUSES
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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. 2)*

                               Trend-Lines, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                     Class A Common Stock, $.01 Par Value
- --------------------------------------------------------------------------------
                        (Title of Class of Securities)

                                  894859-10-7
- --------------------------------------------------------------------------------
                               (CUSIP Number)

                      

Check the following box if a fee is being paid with the statement [_]. (A fee 
is not required only if the reporting 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).



                               Page 1 of 5 pages
<PAGE>


- -----------------------                                  ---------------------
  CUSIP NO. 894859-10-7                   13G               PAGE 2 OF 5 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                          
      Stanley D. Black
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [_]
      N/A                                           
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    

      U.S.A.
- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5     
     NUMBER OF            
                          2,692,423
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6    
                          
     OWNED BY             1,188,500
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7     
    REPORTING             
                          2,692,423
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8    
                          1,188,500
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9    
      
      4,207,585
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES*                                               [X]
 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11    
      
      38.64%
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
      
      IN
- ------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                               Page 2 of 5 pages


<PAGE>
 
                                   ITEM 1(A)


Name of Issuer:  Trend-Lines, Inc.


                                   ITEM 1(B)

Address of Issuer's Principal Executive Offices:  135 American Legion Highway,
Revere, Massachusetts 02151


                                   ITEM 2(A)

Name of Person Filing:  Stanley D. Black


                                   ITEM 2(B)

Address of Principal Business Office or, if none, Residence:  135 American
Legion Highway, Revere, Massachusetts 02151


                                   ITEM 2(C)

Citizenship:  USA


                                   ITEM 2(D)

Title of Class of Securities:  Class A Common Stock, $.01 par value ("Class A
Common Stock")


                                   ITEM 2(E)

CUSIP Number:  894859-10-7
               -----------


                                     ITEM 3

Not Applicable


                                     ITEM 4

Ownership:

    (a) Amount Beneficially Owned:  4,207,585 shares of Class A Common Stock, of
        -------------------------                                               
which shares the reporting person has the right to acquire 4,114,085 shares upon
conversion of such shares of Class B Common Stock, which are convertible at any
time into Class A Common Stock on a one to one share basis.

                                      -3-
<PAGE>
 
    The shares deemed beneficially owned by the reporting person are held of
record by certain trusts of which the reporting person is a trustee,
beneficiary, or settlor and a limited partnership of which the reporting person
is a general partner.

    Of the 4,207,585 shares of Class A Common Stock deemed benefically owned by
the reporting person, the reporting person has the sole voting and investment
power with respect to 2,692,423 shares of Class A Common Stock  deemed
beneficially owned by him.

    Of the 4,207,585 shares of Class A Common Stock deemed beneficially owned by
the reporting person, the reporting person does not have voting or investment
power with respect to 326,662 shares of Class A Common Stock, but has the right
to acquire such shares in his capacity as settlor of a certain trust.

    The reporting person shares voting and investment power with respect to
1,188,500 shares of Class A Common Stock.

    Except for 326,662 shares of Class A Common Stock, the reporting person
disclaims beneficial ownership as to 1,106,413 shares of Class A Common Stock
deemed beneficially owned by the reporting person's spouse.

    (b)   Percent of Class:  38.64%
                             ----- 

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

            (i)    sole power to vote or to direct the vote:  2,692,423 shares

            (ii)   shared power to vote or to direct the vote:  1,188,500 shares

            (iii)  sole power to dispose or to direct the disposition of:
                   2,692,423 shares

            (iv)   shared power to dispose or to direct the disposition of:
                   1,188,500 shares


                                     ITEM 5

Ownership of Five Percent or Less of 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

                                      -4-
<PAGE>
 
                                     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.


4/10/97
- -------------------------- 
Date   


/s/ Stanley D. Black
- -------------------------- 
Signature



Stanley D. Black, President
- ---------------------------
Name/Title

                                      -5-


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