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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Paper Warehouse, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
698941 10 1
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(CUSIP Number)
November 23, 1998
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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)
/X/ 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. 698941 10 1 13G/A Page 2 of 4
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only)
Yale T. Dolginow (the "Reporting Person")
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
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Not Applicable (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Reporting Person is a citizen of the United States of
America.
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NUMBER OF 5 SOLE VOTING POWER
SHARES 1,617,443
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 0
REPORTING ---------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,617,443
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,617,443
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10 CHECK BOX If THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
35.5%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Item 1(a). NAME OF ISSUER:
The name of the issuer is Paper Warehouse, Inc. (the "Issuer").
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
The address of the principal executive offices of the Issuer is
7630 Excelsior Boulevard, Minneapolis, Minnesota 55426.
Item 2(a). NAME OF PERSON FILING:
Yale T. Dolginow (the "Reporting Person").
Item 2(b). ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the Reporting Person's principal business office
is 7630 Excelsior Boulevard, Minneapolis, Minnesota 55426.
Item 2(c). CITIZENSHIP:
The Reporting Person is a citizen of the United States.
Item 2(d). TITLE OF CLASS OF SECURITIES:
The class of equity securities to which this Statement relates is
the common stock, $.01 par value, of the Issuer (the "Common
Stock").
Item 2(e). CUSIP NUMBER:
The CUSIP number of the Common Stock is 698941 10 1.
Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR
13d-2(b), CHECK WHETHER THE FILING PERSON IS A:
Not Applicable.
Item 4. OWNERSHIP:
(a) Amount Beneficially Owned: 1,617,443 (1)
(b) Percent of Class: 35.5%
(c) Number of shares as to which such person has:
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(1) Includes 27,728 shares of Common Stock which may be issued to a director of
the Company directly from Mr. Dolignow upon exercise of a stock option
granted by Mr. Dolginow.
Page 3 of 4
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<TABLE>
<S> <C> <C>
(i) sole power to vote or to direct the vote . . . . . . . . . . . . . . 1,617,443
(ii) shared power to vote or to direct the vote . . . . . . . . . . . . . 0
(iii) sole power to dispose or to direct the
disposition of . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,617,443
(iv) shared power to dispose or to direct the disposition of. . . . . . . 0
</TABLE>
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.
Date: January 21, 1999.
/s/ Yale T. Dolginow
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Yale T. Dolginow
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