-----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, Ix2hyiCRC4kOfZDdbpJKJdaNdLAxYfv6IsGXtRxQpYnnjP30xLrV2WpkZv77Ztx4 G8jfDY5Qd8UYiUMsH9Kmtg== 0000009342-02-000003.txt : 20020414 0000009342-02-000003.hdr.sgml : 20020414 ACCESSION NUMBER: 0000009342-02-000003 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BALLMAN FRED C CENTRAL INDEX KEY: 0000901835 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: PO BOX 6638 CITY: FORT SMITH STATE: AR ZIP: 72902 BUSINESS PHONE: 5016464711 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BALDOR ELECTRIC CO CENTRAL INDEX KEY: 0000009342 STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621] IRS NUMBER: 430168840 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-10352 FILM NUMBER: 02544987 BUSINESS ADDRESS: STREET 1: 5711 R S BOREHAM JR ST STREET 2: P O BOX 2400 CITY: FORT SMITH STATE: AR ZIP: 72902-2400 BUSINESS PHONE: 5016464711 SC 13G 1 f13g_ballman01.htm FRED BALLMAN 13G 12/31/01 FRED C. BALLMAN FORM 13G 12/31/01 
                                           SECURITIES AND EXCHANGE COMMISSION
                                                 Washington, D.C. 20549

                                                      SCHEDULE 13G
                                        Under the Securities Exchange Act of 1934
                                                   (Amendment No. 23)*

                                                     Name of Issuer
                                                 BALDOR ELECTRIC COMPANY

                                              Title of Class of Securities
                                                      COMMON STOCK

                                                      CUSIP Number
                                                       057741-10-0

* 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 5

CUSIP No.  057741-10-0


1.        Name of reporting persons:                                            Frederick C. Ballman

          S.S. or I.R.S. identification no. of above persons:                   ###-##-####

2.        Check the appropriate box if a member of a group
          (See Instructions):

                                                                                (a)      __________

                                                                                (b)      __________

3.        SEC use only:                                                                  __________

4.        Citizenship or place of organization:                                 U.S. Citizen




Number of shares beneficially owned by each reporting person with (5-8):

5.        Sole voting power:                                                    32,400          shares

6.        Shared voting power:                                                  3,020,504       shares

7.        Sole dispositive power:                                               32,400          shares

8.        Shared dispositive power:                                             3,020,504       shares

9.        Aggregate amount beneficially
          owned by each reporting person:                                       3,052,904       shares

10.       Check if the aggregate amount in row (9)
          excludes certain shares (see instructions):                           ________

11.       Percent of class represented by amount in row (9):                    9.0%

12.       Type of reporting person (see instructions):                          IN





                                                       Page 2 of 5

Item 1             (a)    Name of issuer:                                       Baldor Electric Company

                   (b)    Address of issuer's
                          principal executive offices:                          5711 R.S. Boreham, Jr. Street
                                                                                Fort Smith, AR 72901


Item 2             (a)    Name of person filing:                                Frederick C. Ballman

                   (b)    Address of principal business office,
                          if none, residence:                                   P.O. Box 6638
                                                                                Fort Smith, AR 72906

                   (c)    Citizenship:                                          United States

                   (d)    Title of class of securities:                         Common Stock

                   (e)    CUSIP number:                                         057741-10-0


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.

                   (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.

                   (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 Sec. 240.13d-1(b)(1)(ii)(F).

                   (g)    __________         Parent Holding Company, in accordance with
                                             Sec. 240.13d-1 (b)(ii)(G) (Note: See Item 7).

                   (h)    __________         Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(H).




                                                       Page 3 of 5

Item 4             Ownership:

                   If the percent of the class owned, as of December 31 of the year covered by the
                   statement or as of the last day of any month described in Rule 13d-1(b)(2), if
                   applicable, exceeds five percent, provide the following information as of that date
                   and identify those shares which there is a right to acquire.

                   (a)    Amount Beneficially Owned:                                     3,052,904   shares

                   (b)    Percent of Class:                                              9.0%

                   (c)    Number of shares as to which such person has:

                          (i)       sole power to vote or
                                    to direct the vote:                                  32,400      shares

                          (ii)      shared power to vote or
                                    to direct the vote:                                  3,020,504   shares

                          (iii)     sole power to dispose or
                                    to direct the disposition of:                        32,400      shares

                          (iv)      shared power to dispose or
                                    to direct the disposition of:                        3,020,504   shares


Item 5             Ownership of five percent or less of a class:                Not Applicable

Item 6             Ownership of more that five percent on behalf
                   of another person:                                           Not Applicable

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:                                               Not Applicable






                                                       Page 4 of 5

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.

Date:                                                 February 8, 2002



Signature:                                            /s/   Frederick C. Ballman

Name:                                                 Frederick C. Ballman

Title:                                                N/A































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