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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
SUN COMPANY, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
DEPOSITARY SHARES REPRESENTING ONE HALF PREFERRED SERIES A
- --------------------------------------------------------------------------------
(Title of Class of Securities)
866762404
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(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).
Page 1 of 6
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CUSIP No. 866762404 13G Page 2 of 6 Pages
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<C> <S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THE GLENMEDE TRUST COMPANY
23-1512117
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
N/A (a) [_]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
PENNSYLVANIA
<S> <C> <C>
NUMBER OF 5 SOLE VOTING POWER
SHARES 94,000
BENEFICIALLY
OWNED BY 6 SHARED VOTING POWER
EACH 5,027
REPORTING
PERSON 7 SOLE DISPOSITIVE POWER
WITH 6,174
8 SHARED DISPOSITIVE POWER
159,185
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<C> <S> <C>
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
175,359
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.7%
12 TYPE OF REPORTING PERSON
BK
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SCHEDULE 13G
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ITEM 1(A) NAME OF ISSUER: SUN COMPANY, INC.
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ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
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1801 MARKET STREET
PHILADELPHIA, PA 19103
ITEM 2(A) NAME OF PERSON FILING:
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THE GLENMEDE TRUST COMPANY
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
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ONE LIBERTY PLACE - SUITE 1200
1650 MARKET STREET
PHILADELPHIA, PA 19103
ITEM 2(C) CITIZENSHIP:
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PENNSYLVANIA
ITEM 2(D) TITLE OF CLASS OF SECURITIES:
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DEPOSITARY RECEIPTS REPRESENTING ONE HALF
PREFERRED SERIES A
ITEM 2(E) CUSIP NUMBER: 866762404
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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,
[X](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 ADVISOR REGISTERED UNDER SECTION 203 OF THE
INVESTMENT ADVISERS ACT OF 1940,
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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 RULE 13d-
1(b)(1)(ii)(F),
[ ](g) PARENT HOLDING COMPANY, IN ACCORDANCE WITH RULE 13d-
1(b)(ii)(G); SEE ITEM 7,
[ ](h) GROUP, IN ACCORDANCE WITH RULE 13d-1(b)(1)(ii)(H).
ITEM 4 OWNERSHIP.
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(a) AMOUNT BENEFICIALLY OWNED:
175,359 SHARES
(b) PERCENT OF CLASS:
0.7%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE
94,000
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE
5,027
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF
6,174
(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF
159,185
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.
- ------
THE GLENMEDE TRUST COMPANY BENEFICIALLY OWNS THE SECURITIES
COVERED BY THIS REPORT IN A FIDUCIARY CAPACITY. PERSONS OTHER
THAN THE GLENMEDE TRUST COMPANY HAVE
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THE RIGHT TO RECEIVE OR THE POWER TO DIRECT THE RECEIPT OF
DIVIDENDS FROM OR THE PROCEEDS FROM THE SALE OF SECURITIES
COVERED BY THIS REPORT. NO PERSON HAS AN INTEREST IN THE
SECURITIES COVERED BY THIS REPORT (AS SUCH INTEREST IS DESCRIBED
IN THE PRECEDING SENTENCE) WHICH AMOUNTS TO MORE THAN 5% OF THE
CLASS.
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
- ------ ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
N/A
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
- ------
N/A
ITEM 9 NOTICE OF DISSOLUTION OF GROUP.
- ------
N/A
ITEM 10 CERTIFICATION.
- -------
BY SIGNING BELOW I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE AND
BELIEF, THE SECURITIES REFERRED TO ABOVE WERE ACQUIRED IN THE
ORDINARY COURSE OF BUSINESS AND WERE NOT ACQUIRED FOR THE PURPOSE
OF AND DO NOT HAVE THE EFFECT OF CHANGING OR INFLUENCING THE
CONTROL OF THE ISSUER OF SUCH SECURITIES AND WERE NOT ACQUIRED IN
CONNECTION WITH OR AS A PARTICIPANT IN ANY TRANSACTION HAVING
SUCH PURPOSE OR EFFECT.
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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.
February 6, 1998
THE GLENMEDE TRUST COMPANY
/S/ JAMES BELANGER
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SIGNATURE
JAMES BELANGER,VICE PRESIDENT
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NAME/TITLE
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