UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 22)
LAWSON PRODUCTS, INC.
(NAME OF ISSUER)
Common Stock
(TITLE OF CLASS OF SECURITIES)
520776 10 5
(CUSIP NUMBER)
December 31, 2002
(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.
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CUSIP No. 520776 10 5 Schedule 13G
1. NAME OF REPORTING PERSON
IRS. IDENTIFICATION NUMBER. OF ABOVE PERSON (ENTITIES ONLY)
Sidney L. Port
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
4,570,838
6. SHARED VOTING POWER
None
7. SOLE DISPOSITIVE POWER
4,570,838
8. SHARED DISPOSITIVE POWER
None
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,570,838
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
48%
12. TYPE OF REPORTING PERSON
IN
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CUSIP No. 520776 10 5 Schedule 13G
ITEM 1.
(a) NAME OF ISSUER:
Lawson Products, Inc.
(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
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
1666 East Touhy Avenue, Des Plaines, IL 60018
(c) CITIZENSHIP: U.S.A.
(d) TITLE OF CLASS OF SECURITIES: Common Stock
(e) CUSIP NUMBER: 520776 10 5
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS
240.13D-1(B), OR 240.13D-2(B) OR (C), 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 of 1940.
(e) / / An investment advisor in accordance with section
240.13d-1(b)(1)(ii)(E).
(f) / / An employee benefit plan or endowment fund in
accordance with section 240.13d-1(b)(1)(ii)(F).
(g) / / A parent holding company or control person in
accordance with section 240.13d-1(b)(ii)(G).
(h) / / A savings association as defined in section 3(b) of
the Federal Deposit Insurance Act.
(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.
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(j) / / Group, in accordance with section
240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to section 240.13d-1(c), check this
box:
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned as of December 31, 2002: 4,570,838
(b) Percent of class: 48%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to
direct the vote: 4,570,838
--------------
(ii) Shared power to vote or to direct the vote: None
--------------
(iii) Sole power to dispose or to direct
the disposition of: 4,570,838
--------------
(iv) Shared power to dispose or to direct the disposition of:
None
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 5 percent of the class of securities, check the following:
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not applicable.
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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.
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 as of January 30, 2003.
/s/ Sidney L. Port
---------------------------
Sidney L. Port
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