<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)/1/
BWAY Corporation
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
112004 10 6
---------------------------
(CUSIP Number)
_______________
/1/ 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 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).
Page 1 of 6 Pages
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- ----------------------- ---------------------
CUSIP NO. 112004 10 6 PAGE 2 OF 6 PAGES
- ----------------------- ---------------------
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John T. Stirrup
###-##-####
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
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SOLE VOTING POWER
5
NUMBER OF 310,291 (See Item 4)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 310,291 (See Item 4)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
310,291 (See Item 4)
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[X]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
4.7%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13G
Item 1(a). Name of Issuer:
BWAY Corporation (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices:
8607 Roberts Drive, Suite 250
Atlanta, Georgia 30350
Item 2(a). Name of Persons Filing:
John T. Stirrup
Item 2(b). Address of Principal Business Office or, if none, Residence:
The address of the principal business office of the Reporting Person
is c/o BWAY Corporation, 8607 Roberts Drive, Suite 250, Atlanta,
Georgia 30350.
Item 2(c). Citizenship:
United States of America.
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share ("Common Stock").
Item 2(e). CUSIP No.:
112004 10 6
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b),
check whether the person filing is a:
Not Applicable.
Page 3 of 6 Pages
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Item 4. Ownership (as of December 31, 1996):
(a) Amount Beneficially Owned: 310,291/1/
(b) Percent of Class: 4.7%/1,2/
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 310,291/1/
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of:
310,291/1/
(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 be the beneficial owner
of more than five percent of the class of securities, check the
following [X].
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.
_______________
/1/The shares of Common Stock beneficially owned by John T. Stirrup include
298,135 shares owned directly by Mr. Stirrup, 12,000 shares subject to options
owned directly by Mr. Stirrup and 156 shares owned indirectly by Mr. Stirrup
through his 401(k) plan. The shares of Common Stock beneficially owned by Mr.
Stirrup do not include 34,000 shares owned directly by his wife. Mr. Stirrup
disclaims beneficial ownership of the shares owned directly by his wife.
/2/Based on (a) the 6,531,715 shares of Common Stock outstanding as of
December 31, 1996 and (b) the 12,000 shares of Common Stock subject to options
owned directly by Mr. Stirrup that are exercisable within 60 days of December
31, 1996. These shares subject to options are considered outstanding for
purposes of determining the percent of class held by Mr. Stirrup pursuant to
Rule 13d-3(d)(1)(i) promulgated under the Securities Exchange Act of 1934, as
amended.
Page 4 of 6 Pages
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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.
Page 5 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 10, 1997
/S/ JOHN T. STIRRUP
--------------------
John T. Stirrup
Page 6 of 6 Pages
