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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)*
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION
(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE
(Title of Class of Securities)
023857 10 5
(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 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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SCHEDULE 13G
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CUSIP NO. 023857 10 5 PAGE 2 OF 5 PAGES
- ------------------------ ------------------------------
- -------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS JOHN MASTERNICK
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(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 371,680
SHARES
BENEFICIALLY -----------------------------------------------------
OWNED BY 6 SHARED VOTING POWER 0
EACH
REPORTING -----------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER 371,680
WITH
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 371,680
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.9%, based upon 12,987,386
shares outstanding at 12/31/97.
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12 TYPE OF REPORTING PERSON IN
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ITEM 1(a) NAME OF ISSUER:
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
755 Boardman-Canfield Road
South Bridge Executive Center
Building G West
Boardman, Ohio 44512
ITEM 2(a) NAME OF PERSON FILING:
John Masternick
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
755 Boardman-Canfield Road
South Bridge Executive Center
Building G West
Boardman, Ohio 44512
ITEM 2(c) CITIZENSHIP:
United States
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, $.001 par value
ITEM 2(e) CUSIP NUMBER:
023857 10 5
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
Page 3 of 5 Pages
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(f) / / Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee 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)(1)(ii)(G) (NOTE: See Item 7)
(h) / / Group, in accordance with Section 240.13d-1(b)(1)
(ii)(H)
ITEM 4. OWNERSHIP.
The following represents information as of December 31, 1997:
(A) AMOUNT BENEFICIALLY OWNED:
As of December 31, 1997, Mr. Masternick beneficially owned
371,680 shares of common stock of the Company, consisting of
324,154 shares of common stock and 47,526 shares of common
stock issuable upon exercise of stock options.
(B) PERCENT OF CLASS:
As of December 31, 1997, Mr. Masternick beneficially owned
2.9% of the Company's common stock.
(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or to direct the vote
371,680
(ii) shared power to vote or to direct the vote
0
(iii) sole power to dispose or to direct the disposition of
371,680
(iv) shared power to dispose or to direct the disposition
of
0
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 to the
beneficial owner of more than five percent of the class of
securities, check the following [_X_].
Page 4 of 5 Pages
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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.
2/12/98
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Date
/s/ John Masternick
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Signature
John Masternick
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Name/Title
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