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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
SEQUA CORPORATION
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(Name of Issuer)
Class B Common Stock, no par value
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(Title of Class of Securities)
81732 020
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(CUSIP Number)
Mr. Stuart Z. Krinsly
c/o Sequa Corporation
200 Park Avenue, New York, NY 10166
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 6, 1997
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is subject of this Schedule 13D, and is filing this
statement because of Rule 13d-1(b)(3) or (4), check the following box: / /
Check the following box if a fee is being paid with the statement: / /
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CUSIP No. 81732 020 SCHEDULE 13D
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Stuart Z. Krinsly
SSN ###-##-####
2. Check the Appropriate Box if a Member of a Group (a) / /
(b) /x/
3. SEC Use Only
4. Source of Funds
N/A
5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) / /
6. Citizenship or Place of Organization
U.S.
7. Sole Voting Power
64,030
Number of Shares
8. Shared Voting Power
Beneficially
139,374
Owned by Each
9. Sole Dispositive Power
Reporting Person
64,030
With
10. Shared Dispositive Power
139,374
11. Aggregate Amount Beneficially Owned by Each Reporting Person
203,404
12. Check Box if the Aggregate Amount in Row 11
Excludes Certain Shares / /
13. Percent of Class Represented by Amount in Row 11
6.11%
14. Type of Reporting Person
IN
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Stuart Z. Krinsly hereby amends and supplements the Schedule 13D originally
filed with the Securities and Exchange Commission (the "SEC") on April 8, 1996,
as amended by Amendment No. 1 filed with the SEC on September 13, 1996 (the
"Schedule") as follows.
This Schedule relates to the Class B Common Stock, no par value per share
(the "Shares") of Sequa Corporation, a Delaware corporation.
Item 5. Interest in Securities of the Issuer.
Item 5(a) of the Schedule is hereby amended by deleting the existing text
and inserting the following text in its stead:
Mr. Krinsly beneficially owns (as defined by Rule 13d-3 under the
Securities Exchange Act of 1934, as amended) 203,404 Shares, or 6.11% of
the Shares outstanding as of February 6, 1997.
Item 5(b) of the Schedule is hereby amended by deleting the 1st full
sentence thereof and inserting the following language in its stead:
Mr. Krinsly has sole voting and dispositive power over 64,030 Shares that
he owns directly, and shared voting and dispositive power over an aggregate
of 139,374 Shares.
Item 5(c) of the Schedule is hereby amended and supplemented by inserting
the following text as the second full paragraph thereof:
Pursuant to the terms of the September Trust and the March Trust, on
February 6, 1997 32,748 Shares were released from the September Trust and
78,494 Shares were released from the March Trust. All of such Shares
were transferred to Mr. Norman E. Alexander.
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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.
/s/ Stuart Z. Krinsly
Stuart Z. Krinsly
Date: February 14, 1997