-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Vf+6ze5y41x2pKjPyXt6N2NO6QxqX4CZlHIvUrnQUIEpqJCtmZea9fZbbh6FzAPO F52O/uUk9tbjQYgPd4kmqA== 0000950152-98-001500.txt : 19980227 0000950152-98-001500.hdr.sgml : 19980227 ACCESSION NUMBER: 0000950152-98-001500 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980226 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OLYMPIC STEEL INC CENTRAL INDEX KEY: 0000917470 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051] IRS NUMBER: 341245650 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-48175 FILM NUMBER: 98550230 BUSINESS ADDRESS: STREET 1: 5080 RICHMOND RD CITY: BEDFORD HEIGHTS STATE: OH ZIP: 44146 BUSINESS PHONE: 2162923800 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ADELSTEIN BRUCE S CENTRAL INDEX KEY: 0000939827 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 298422653 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 5080 RICHMOND RD CITY: CLEVELAND STATE: OH ZIP: 44146-1392 MAIL ADDRESS: STREET 1: 5080 RICHMOND RD CITY: CLEVELAND STATE: OH ZIP: 44146-1392 SC 13G/A 1 OLYMPIC STEEL/BRUCE ADELSTEIN SCHEDULE 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 2)* Olympic Steel, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 68162K 10 6 ----------------------------------------------------- (CUSIP Number) Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item I; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) *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 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). Page 1 of 4 Pages 2 SCHEDULE 13G CUSIP NO. 68162K 10 6 PAGE 2 OF 4 PAGES ----------------- ----- ----- - --------------------- ----------------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bruce S. Adelstein - --------------------- ----------------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] 2 (b) [X] - --------------------- ----------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------- ----------------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 United States - --------------------- ----------------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF 5 SHARES 1,125,000 BENEFICIALLY ----------------------------------------------------------------------------------------- OWNED BY SHARED VOTING POWER EACH 6 REPORTING None PERSON WITH ----------------------------------------------------------------------------------------- SOLE DISPOSITIVE OWNER 7 1,125,000 ----------------------------------------------------------------------------------------- SHARED DISPOSITIVE OWNER 8 None - --------------------- ----------------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 1,125,000 - --------------------- ----------------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 10 - --------------------- ----------------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 10.52% - --------------------- ----------------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* 12 IN - --------------------- -----------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! 3 Item 1. - ------- (a) Issuer: Olympic Steel, Inc. (b) Principal executive office: 5080 Richmond Road Cleveland, Ohio 44146 Item 2. - ------- (a) Personal filing: Bruce S. Adelstein (b) Residence address: 18 Laurel Hill Lane Pepper Pike, Ohio 44124 (c) Citizenship: United States (d) Class: Common Stock (e) CUSIP: 68162K 10 6 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check - -------------------------------------------------------------------------------- whether the person filing is a: - ------------------------------- Not applicable. Item 4. Ownership. - ------------------- (a) Amount beneficially owned as of December 31, 1997: 1,125,000 Common Shares (b) Percent of class: 10.52% (c) (i) Sole power to vote or direct vote: 1,125,000 (ii) Shares power to vote or direct vote: None (iii) Sole power to dispose or direct disposition: 1,125,000 (iv) Shares power to dispose or direct disposition: None Item 5. Ownership of Five Percent or Less of a Class: - ------------------------------------------------------ Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person: - ------------------------------------------------------------------------- Not applicable. Page 3 of 4 Pages 4 Item 7. Identification and Classification of the Subsidiary Which Acquired the - ------------------------------------------------------------------------------- Security Being Reported on by the Parent Holding Company: - --------------------------------------------------------- Not applicable. Item 8. Identification and Classification of Members of the Group: - ------------------------------------------------------------------- Not applicable. Item 9. Notice of Dissolution of Group: - ---------------------------------------- Not applicable. 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 purposes or effect. 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. 2/24/98 ------------------------------------------ Date /s/ Bruce S. Adelstein ------------------------------------------ Bruce S. Adelstein Page 4 of 4 Pages -----END PRIVACY-ENHANCED MESSAGE-----