UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Diamond Home Services, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
252648-10-0
(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
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).
SCHEDULE 13G
CUSIP No. Page 2
252648-10-0
1 NAMES OF REPORTING PERSONS S.S. OR
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Globe Building Materials, Inc. 36-3617389
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) //
(b) //
3 SEC USE ONLY
4 CITIZENSHIP OF PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY
OWNED
BY EACH
REPORTING 6 SHARED VOTING POWER
PERSON
WITH 3,417,000
7 SOLE DISPOSITIVE POWER
8 SHARED DISPOSITIVE POWER
3,417,000
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,417,000
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
40.0%
14 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13G
CUSIP No. Page 3
252648-10-0
1 NAMES OF REPORTING PERSONS S.S. OR
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
C. Stephen Clegg; ###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) //
(b) //
3 SEC USE ONLY
4 CITIZENSHIP OF PLACE OF ORGANIZATION
United States
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY
OWNED 27,284
BY EACH 6 SHARED VOTING POWER
REPORTING
PERSON 3,417,000
WITH
7 SOLE DISPOSITIVE POWER
27,284
8 SHARED DISPOSITIVE POWER
3,417,000
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,444,284
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
40.5%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1(a) Name of Issuer:
Diamond Home Services, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
222 Church Street
Diamond Plaza
Woodstock, Illinois 60098
Item 2(a) Name of Persons Filing:
Globe Building Materials, Inc.
C. Stephen Clegg
Item 2(b) Address of Principal Business Office or, if none, Residence:
Globe Building Materials, Inc.
2230 Indianapolis Blvd.
Whiting, Indiana 46394
C. Stephen Clegg
c/o Diamond Home Services, Inc.
222 Church Street
Diamond Plaza
Woodstock, Illinois 60098
Item 2(c) Citizenship:
Globe Building Materials, Inc. -- Delaware
C. Stephen Clegg -- United States
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
252648-10-0
Item 3 Not applicable, reporting persons are filing this Schedule 13G
pursuant to Rule 13d-1(c).
Item 4 Ownership:
Globe Building Materials, Inc.:
(a) Amount Beneficially Owned:
As of December 31, 1997, the number of shares of the issuer's
Common Stock beneficially owned by Globe Building Materials, Inc.
was 3,417,000.
(b) Percent of Class:
As of December 31, 1997, the percent of the issuer's outstanding
Common Stock beneficially owned by Globe Building Materials, Inc.
was approximately 40.0%.
(c) Number of shares as to which Globe Building Materials, Inc.
has:
(i) sole power to vote or to direct the vote is -0-.
(ii) shared power to vote or to direct the vote is
3,417,000.
(iii) sole power to dispose or to direct the disposition is
-0-.
(iv) shared power to dispose or to direct the disposition
is 3,417,000.
C. Stephen Clegg:
(a) Amount Beneficially Owned:
As of December 31, 1997, the number of shares of the issuer's
Common Stock beneficially owned by C. Stephen Clegg was
3,444,284. Of these shares, Mr. Clegg directly owned vested
options to purchase 27,284 shares and indirectly owned 3,417,000
through Globe Building Materials, Inc.
(b) Percent of Class:
As of December 31, 1997, the percent of the issuer's outstanding
Common Stock beneficially owned by C. Stephen Clegg was
approximately 40.5%.
(c) Number of shares as to which C. Stephen Clegg has:
(i) sole power to vote or to direct the vote is 27,284.
(ii) shared power to vote or to direct the vote is
3,417,000.
(iii) sole power to dispose or to direct the disposition is
27,284.
(iv) shared power to dispose or to direct the disposition
is 3,417,000.
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 by the Parent Holding Company:
Globe Building Materials, Inc. beneficially owns the shares it has
reported on this Schedule 13G through its wholly-owned subsidiary,
GBM, Inc.
C. Stephen Clegg -- 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, reporting persons are filing this Schedule 13G
pursuant to Rule 13d-1(c).
SIGNATURE
After reasonably 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, 1998
GLOBE BUILDING MATERIALS, INC.
By: /s/ C. Stephen Clegg
C. Stephen Clegg, Chief Executive Officer
/s/ C. Stephen Clegg
C. Stephen Clegg
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001).
EXHIBIT 1 TO SCHEDULE 13G/A
GLOBE BUILDING MATERIALS, INC.
AND
C. STEPHEN CLEGG
JOINT FILING AGREEMENT
Globe Building Materials, Inc. ("Globe") and C. Stephen Clegg ("Clegg")
hereby agree that the Schedule 13G to which this statement is attached is filed
on behalf of Globe and Clegg.
February 12, 1998
GLOBE BUILDING MATERIALS, INC.
By: /s/ C. Stephen Clegg
C. Stephen Clegg, Chief Executive Officer
/s/ C. Stephen Clegg
C. Stephen Clegg
EXHIBIT 2 TO SCHEDULE 13G/A
ITEM 7
Globe Building Materials, Inc. beneficially owns all of the shares it has
reported on this Schedule 13G through its wholly-owned subsidiary GBM, Inc.
The address and the tax identification number for GBM, Inc. are as follows:
GBM, Inc.
1105 North Market Street
Suite 1300
Wilmington, DE 19899
Tax ID No.: 51-0375188
