SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 18)*
LAWSON PRODUCTS, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
520776 10 5
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(CUSIP Number)
December 31, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/ / Rule 13d-1(c)
/X/ Rule 13d-1(d)
*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).
SCHEDULE 13G
CUSIP No. 520776 10 5 Page 2 of 4
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1 NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sidney L. Port
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
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5 SOLE VOTING POWER
NUMBER OF
3,379,495
SHARES _______________________________________________________
6 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY _______________________________________________________
7 SOLE DISPOSITIVE POWER
EACH
3,379,495
REPORTING _______________________________________________________
8 SHARED DISPOSITIVE POWER
PERSON WITH
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,379,495
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* / /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
32%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 520776 10 5 Page 3 of 4
Item 1(a) Name of Issuer: Lawson Products, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
1666 East Touhy Avenue
Des Plaines, IL 60018
Item 2(a) Name of Person Filing: Sidney L. Port
Item 2(b) Address of Principal Business Office
1666 East Touhy Avenue
Des Plaines, IL 60018
Item 2(c) Citizenship: U.S.A.
Item 2(d) Title of Class of Securities:
Common Stock, $1.00 par value
Item 2(e) CUSIP Number: 520776 10 5
Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-
2(b) or (c), check whether the person filing is a: Not
Applicable
(a) [ ] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15
U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with 240.13d-
1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in
accordance with 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of
an investment company under section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3);
CUSIP NO. 520776 10 5 Page 4 of 4
(j) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to 240.13d-1(c), check this
box. [ ]
Item 4. Ownership:
(a) Amount beneficially owned as of December 31, 1998:
3,379,495
(b) Percent of class: 32%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote... 3,379,495
(ii) Shared power to vote or to direct the vote. None
(iii) Sole power to dispose or to direct the
disposition of............................. 3,79,495
(iv) Shared power to dispose or to direct the
disposition of............................. 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
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 Member of the Group:
Not Applicable
Item 9. Notice of Dissolution of Group: Not Applicable
Item 10. Certification: Not Applicable
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.
Dated: February 1, 1999
/s/ Sidney L. Port
Sidney L. Port