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SCHEDULE 13G
(RULE 13d-102)
Information to be Included in Statements Filed Pursuant to Rule 13d-1(b), (c)
and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
UNIVERSAL AUTOMOTIVE INDUSTRIES, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
913 378 105
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(CUSIP Number)
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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).
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CUSIP NO. 913 378 105 13G PAGE 2 OF 5 PAGES
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1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Yehuda Tzur
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2 Check the Appropriate Box if a Member of a Group (a) Not Applicable
(See Instructions) (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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Number of
5 Sole Voting Power
Shares 1,118,000(1)
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Beneficially 6 Shared Voting Power
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each 1,118,000(1)
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Reporting 8 Shared Dispositive Power
Person With
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,118,000(1)
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
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11 Percent of Class Represented by Amount in Row (9)
16.51%
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12 Type of Reporting Person (See Instructions)
IN
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(1) Includes options to purchase 51,000 shares of Common Stock.
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Page 3 of 5 pages
ITEM 1(a) NAME OF ISSUER:
Universal Automotive Industries, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL BUSINESS OFFICES:
3350 North Kedzie, Chicago, Illinois 60618-5722
ITEM 2(a) NAME OF PERSON FILING:
Yehuda Tzur
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
3350 North Kedzie, Chicago, Illinois 60618-5722
ITEM 2(c) CITIZENSHIP:
United States
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e) CUSIP NUMBER:
913 378 105
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR
13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act
(d) [ ] Investment Company registered under Section 8 of the Investment
Company Act
(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employment Retirement Income Security Act
of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G)(Note: See Item 7)
(h) [ ] Group in accordance with Section 240.13d-1(b)(ii)(H)
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Page 4 of 5 pages
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned:
1,118,000 shares of Common Stock (1)
(b) Percent of Class:
16.51%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 1,118,000 (1)
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the
disposition of 1,118,000 (1)
(iv) shared power to dispose or to direct the disposition of
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 the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
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
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(1) Includes options issued to purchase 51,000 shares of Common Stock.
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Page 5 of 5 pages
ITEM 10. CERTIFICATION
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.
Date: February 12, 1999
Signature:
/s/ Yehuda Tzur
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Yehuda Tzur
