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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
TREDEGAR INDUSTRIES, INC.
(Name of Issuer)
COMMON STOCK
(Title of class of securities)
894650 100
(CUSIP NUMBER)
F. D. Gottwald, Jr.
Bruce C. Gottwald
John D. Gottwald
330 South Fourth Street
Richmond, Virginia 23219
Telephone No. 804-788-5401
(Name, address and telephone no. of person authorized to
receive notices and communications.)
Copy to:
Nancy M. Taylor, Esq.
Tredegar Industries, Inc.
1100 Boulders Parkway
Richmond, Virginia 23225
March 14, 1997
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 this statement [ ].
Page 1 of 10 Pages
- ------------------------- ----------------------------------
CUSIP NO. 894650 100 13D Page 2 of 10 Pages
- ------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Floyd D. Gottwald, Jr. ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,128,645
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------------------------------------------------------
8 SHARED VOTING POWER
94,606
------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,128,645
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
94,606
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,223,251
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [X]
1,410,948 shares owned by individuals who do not reside in the reporting
person's home
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.98%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------- ----------------------------------
CUSIP NO. 894650 100 13D Page 3 of 10 Pages
- ------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Bruce C. Gottwald ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 768,880
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------------------------------------------------------
8 SHARED VOTING POWER
59,941
------------------------------------------------------
9 SOLE DISPOSITIVE POWER
768,880
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
59,941
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
828,821
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [X]
679,902 shares owned by individuals who do not reside in the reporting
person's home
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.76%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------- ----------------------------------
CUSIP NO. 894650 100 13D Page 4 of 10 Pages
- ------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
John D. Gottwald ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 676,046
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------------------------------------------------------
8 SHARED VOTING POWER
241,671
------------------------------------------------------
9 SOLE DISPOSITIVE POWER
676,046
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
241,671
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
917,717
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.37%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
* Amendment No. 4 amends and supplements Amendment Nos. 1, 2 and 3 to the
statement on Schedule 13D filed on August 15, 1989, by Floyd D. Gottwald, Jr.,
and Bruce C. Gottwald with respect to shares of Common Stock (the "Common
Stock") of Tredegar Industries, Inc. (the "Issuer"). The purpose for the filing
of this Amendment No. 4 is to add John D. Gottwald as a signatory and report an
increase in the percentage of the Common Stock beneficially owned by Floyd D.
Gottwald, Jr., Bruce C. Gottwald and John D. Gottwald and their immediate
families due primarily to (i) purchases of the Common Stock by the Issuer on the
open market and in privately negotiated transactions; and (ii) two self-tenders
by the Issuer.
Item 1. Security and Issuer.
This statement relates to the Common Stock of the Issuer, a Virginia
corporation having its principal executive offices at 1100 Boulders Parkway,
Richmond, Virginia 23225.
Item 3. Source and Amount of Funds or Other Consideration.
Since the filing of Amendment No. 3, Floyd D. Gottwald, Jr., Bruce C.
Gottwald and John D. Gottwald have not purchased additional shares of Common
Stock except automatic purchases pursuant to the Issuer's dividend reinvestment
plan and Issuer benefit plans.
Item 5. Interest in Securities of the Issuer.
(a) Amount Beneficially Owned: 4,095,477 shares.(1)
Percentage of Class Owned: 32.90%
(b) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote - 2,620,236(2)
(ii) shared power to vote or to direct the vote- 1,475,241(3)
(iii) sole power to dispose of or to direct the disposition of
- 2,620,236(2)
(iv) shared power to dispose of or to direct the disposition
of - 1,475,241(3)
(1) The filing of this statement shall not be construed as
an admission that for the purposes of Sections 13(d) or
13(g) of the
-5-
Securities Exchange Act of 1934, Floyd D. Gottwald, Jr.,
Bruce C. Gottwald or John D. Gottwald are the beneficial
owners of: (A) 46,665 shares described in Items 5(b)(i)
and (iii); or (B) the shares described in Items 5(b)(ii)
and (iv).
(2) This amount includes 46,665 shares owned by a charitable
foundation, for which Floyd D. Gottwald, Jr., and Bruce
C. Gottwald serve as the sole directors, to which Floyd
D. Gottwald, Jr., and Bruce C. Gottwald disclaim benefi-
cial ownership.
(3) This amount includes 1,172,353 shares owned by
individuals in the families of Floyd D. Gottwald, Jr.,
Bruce C. Gottwald and John D. Gottwald who do not
reside in the reporting persons' homes. It does not
include shares owned of record by Wachovia Bank of North
Carolina, N.A., as Trustee under the savings plan for
the employees of the Issuer (the "Plan"), that are held
for the benefit of employees other than the Gottwalds.
Shares held by the Trustee under the Plan for the
benefit of the Gottwalds are included in Items (5)(b)(i)
and (iii) above. Shares held under the Plan are voted by
the Trustee in accordance with instructions solicited
from employees participating in the Plan. If a partici-
pating employee does not give the Trustee voting in-
structions, his shares are voted by the Trustee in
accordance with management's recommendations to the
stockholders. Because members of the Gttwald family are
executive officers, directors and the largest stock-
holders of the Issuer, they may be deemed to be control
persons of the Issuer and to have the capacity to
control any such recommendation of management.
(c) There have been no transactions in the past sixty days other
than automatic Employee Savings Plan purchases by John D.
Gottwald.
(d) Other persons have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale
of, all 1,475,241 shares described in Items 5(b)(ii) and (iv).
However, none of such persons' individual interest relates to
more than 5 percent of the class of securities for which this
Form is filed.
-6-
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
Floyd D. Gottwald, Jr., and Bruce C. Gottwald are brothers. John D.
Gottwald is the son of Floyd D. Gottwald, Jr. This form is being filed on behalf
of Floyd D. Gottwald, Jr., Bruce C. Gottwald and John D. Gottwald because they
could be deemed to be a group for purposes of Rule 13d-1(c) and Schedule 13D
even though there is no agreement among them with respect to the purchase, sale
or retention of Common Stock.
There are no contracts, arrangements, understandings or relationships
(legal or otherwise) between Floyd D. Gottwald, Jr., Bruce C. Gottwald and John
D. Gottwald and any other person with respect to securities of the Issuer.
Item 7. Material to be Filed as Exhibits.
1. Agreement between Floyd D. Gottwald, Jr., Bruce C. Gottwald and
John D.Gottwald with respect to the filing of this Amendment No. 4
to Schedule 13D.
-7-
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.
Dated: March 18, 1997
/s/ Floyd D. Gottwald, Jr.
------------------------------
Floyd D. Gottwald, Jr.
/s/ Bruce C. Gottwald
------------------------------
Bruce C. Gottwald
/s/ John D. Gottwald
------------------------------
John D. Gottwald
-8-
Exhibit Index
Exhibit 1 Agreement between Floyd D. Gottwald, Jr., Bruce C. Gottwald and John
D. Gottwald with respect to the filing of this Amendment No. 4 to
Schedule 13D.
-9-
Exhibit 1
We, the undersigned, hereby express our agreement that the attached
Amendment No. 4 to Schedule 13D is filed on behalf of each of the undersigned.
Date: March 18, 1997
/s/ Floyd D. Gottwald, Jr.
------------------------------
Floyd D. Gottwald, Jr.
/s/ Bruce C. Gottwald
------------------------------
Bruce C. Gottwald
/s/ John D. Gottwald
------------------------------
John D. Gottwald