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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 25049
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.3)*
SEQUA CORPORATION
(Name of Issuer)
Class A Common Stock, no par value
(Title of Class of Securities)
81732 010
(CUSIP Number)
Mr. Norman E. Alexander
c/o Sequa Corporation
200 Park Avenue, New York, NY 10166
(Name, Address and Telephone Number of Person Authorized to Received Notices
and Communications)
March 13, 1996
(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 the subject of this Schedule 13D, and is
filing this schedule 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 /__/.
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1, and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*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 on 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 13D
CUSIP No. 81732 010
1) NAME OF REPORTING PERSON
S.S.# OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norman E. Alexander
S.S. ####-##-####
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
---
(b) ---
3) SEC USE ONLY
4) SOURCE OF FUNDS*
5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
7) SOLE VOTING POWER
2,227,207
NUMBER OF
SHARES 8) SHARED VOTING POWER
BENEFICIALLY None
OWNED BY
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 2,227,207
PERSON WITH
10) SHARED DISPOSITIVE POWER
None
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,227,207
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
34.1%
14) TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13D
CUSIP No. 81732 010
1) NAME OF REPORTING PERSON
S.S.# OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Forfed Corporation
I.R.S. Id. No. 13-0714303
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
---
(b) ---
3) SEC USE ONLY
4) SOURCE OF FUNDS*
WC
5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7) SOLE VOTING POWER
1,743,143
NUMBER OF
SHARES 8) SHARED VOTING POWER
BENEFICIALLY None
OWNED BY
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 1,743,143
PERSON WITH
10) SHARED DISPOSITIVE POWER
None
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,743,143
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.7%
14) TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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The Schedule 13D Statement previously filed with the
Securities and Exchange Commission by Norman E. Alexander and certain
corporations directly or indirectly wholly-owned by Mr. Alexander (the
"Corporations") with respect to Sequa Corporation Class A Common Stock (the
"Shares") is amended by the following information.
Item 3. Source and Amount of Funds or Other Consideration
The source of the funds used in making the purchase
described in Item 5 was the working capital of Forfed, and the amount used was
$3,561,630.
Item 4. Purpose of Transaction
The purpose of the purchase described in Item 5 was to
reinforce Mr. Alexander's controlling interest in Sequa Corporation.
Item 5. Interest in Securities of the Issuer
(a) As of the date of this filing Mr. Alexander individually
and through the Corporations beneficially owns an aggregate of 2,227,207
Shares, which is approximately 34.1% of the Shares outstanding. Forfed owns
1,743,143 Shares, which is approximately 26.7% of the Shares outstanding.
(c) On March 13, 1996 Forfed purchased 104,600 Shares on the
New York Stock Exchange at $34.00 per Share, plus a $.05 per Share commission,
for a total cost of $3,561,630.
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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.
FIFTY BROAD STREET, INC.
FORFED CORPORATION
42 NEW STREET, INC.
YOUANDI CORPORATION
GALLEON SYNDICATE CORPORATION
/s/ Norman E. Alexander
-----------------------
Norman E. Alexander
Individually and on behalf of
the above-named Corporations as
President or Chairman
March 15, 1996
