SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 4) APPLIED POWER INC. ------------------ (Name of Issuer) Class A Common Stock, $.20 Par Value ------------------------------------- (Title of Class of Securities) 038225 10 8 ----------- (CUSIP No.) *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 disclosure 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 (the "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 7 CUSIP No. 038225 10 8 - -------------------------------------------------------------------------------- (1) Name of reporting person. Richard G. Sim - -------------------------------------------------------------------------------- (2) Check the appropriate box (a) [ ] if a member of a group. (b) [ ] - -------------------------------------------------------------------------------- (3) SEC use only. - -------------------------------------------------------------------------------- (4) Citizenship or place of organization. United States of America - -------------------------------------------------------------------------------- Number of shares (5) Sole voting power. 1,694,300 beneficially (6) Shared voting power. 0 owned by each (7) Sole dispositive power. 1,694,300 reporting (8) Shared dispositive power. 0 person with: - -------------------------------------------------------------------------------- (9) Aggregate amount beneficially owned by each reporting person. 1,694,300 - -------------------------------------------------------------------------------- (10) Check if the aggregate amount in Row (9) excludes certain shares. [ ] - -------------------------------------------------------------------------------- (11) Percent of class represented by amount in Row (9). 4.3% - -------------------------------------------------------------------------------- (12) Type of reporting person. IN - -------------------------------------------------------------------------------- Page 2 of 7 SCHEDULE 13G/A - AMENDMENT NO. 4 RICHARD G. SIM APPLIED POWER INC. Item 1. (a) Name of Issuer: -------------- Applied Power Inc. (b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 13000 West Silver Spring Drive Butler, Wisconsin 53007 Item 2. (a) Name of Person Filing: --------------------- Richard G. Sim (b) Address of Principal Business Office or, if none, Residence: ----------------------------------------------------------- c/o Applied Power Inc. 13000 West Silver Spring Drive Butler, Wisconsin 53007 (c) Citizenship: ----------- United States of America (d) Title of Class of Securities: ---------------------------- Class A Common Stock, $.20 par value (e) CUSIP No.: --------- 038225 10 8 Page 3 of 7 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 adviser 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 (S)240.13d-1(b)(1)(ii)(F). (g) [ ] Parent holding company, in accordance with (S)240.13d-1(b)(ii)(G) (Note: See Item 7). (h) [ ] Group, in accordance with (S)240.13d-1(b)(1)(ii)(H). Not Applicable. Item 4. Ownership (at December 31, 1998). (a) Amount Beneficially Owned: ------------------------- 1,694,300 shares (b) Percent of Class: ---------------- 4.3% (based upon the 38,655,304 shares of Class A Common Stock outstanding listed on the proxy statement for the 1999 Annual Meeting and exercisable options for 893,442 additional shares). Page 4 of 7 (c) Number of shares as to which such person has: -------------------------------------------- (i) Sole power to vote or to direct the vote. 1,694,300 shares (includes options to purchase 893,442 shares exercisable currently or within 60 days after December 31, 1998, and 5,030 shares allocated to the account of the undersigned in Applied Power Inc.'s Employee Stock Ownership Plan). (ii) Shared power to vote or to direct the vote. 0 shares (iii) Sole power to dispose or to direct the disposition of. 1,694,300 shares (includes options to purchase 893,442 shares exercisable currently or within 60 days after December 31, 1998, and 5,030 shares allocated to the account of the undersigned in Applied Power Inc.'s Employee Stock Ownership Plan). (iv) Shared power to dispose or direct the disposition of. 0 shares 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 five percent of the class of securities, check the following: [X] 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 Members of the Group. Not applicable. Page 5 of 7 Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. Not Applicable. Page 6 of 7 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 5, 1999 /s/ Richard G. Sim ----------------------------------- Richard G. Sim Page 7 of 7