SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- SCHEDULE 13G (RULE 13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 5) Penn Engineering & Manufacturing Corp. - ------------------------------------------------------------------------------ (Name of Issuer) Class A Common Stock - ------------------------------------------------------------------------------ (Title of Class of Securities) 707389102 - ------------------------------------------------------------------------------ (CUSIP Number) ---------- CUSIP No. 707389102 Page 1 of 6 Pages 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above persons PNC Bank Corp. 25-1435979 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 Pennsylvania Number of Shares 5) Sole Voting Power 98,472 Beneficially Owned By Each Reporting Person With 6) Shared Voting Power 175,725 7) Sole Dispositive Power 0 8) Shared Dispositive Power 211,222 9) Aggregate Amount Beneficially Owned by Each Reporting Person 274,197 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11) Percent of Class Represented by Amount in Row (9) 16.1 12) Type of Reporting Person (See Instructions) HC SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- SCHEDULE 13G (RULE 13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 5) Penn Engineering & Manufacturing Corp. - ------------------------------------------------------------------------------ (Name of Issuer) Class A Common Stock - ------------------------------------------------------------------------------ (Title of Class of Securities) 707389102 - ------------------------------------------------------------------------------ (CUSIP Number) ---------- CUSIP No. 707389102 Page 2 of 6 Pages 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above persons PNC Bancorp, Inc. 51-0326854 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 Delaware Number of Shares 5) Sole Voting Power 98,472 Beneficially Owned By Each Reporting Person With 6) Shared Voting Power 175,725 7) Sole Dispositive Power 0 8) Shared Dispositive Power 211,222 9) Aggregate Amount Beneficially Owned by Each Reporting Person 274,197 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11) Percent of Class Represented by Amount in Row (9) 16.1 12) Type of Reporting Person (See Instructions) HC SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- SCHEDULE 13G (RULE 13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 5) Penn Engineering & Manufacturing Corp. - ------------------------------------------------------------------------------ (Name of Issuer) Class A Common Stock - ------------------------------------------------------------------------------ (Title of Class of Securities) 707389102 - ------------------------------------------------------------------------------ (CUSIP Number) ---------- CUSIP No. 707389102 Page 3 of 6 Pages 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above persons PNC Bank, National Association 22-1146430 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 United States Number of Shares 5) Sole Voting Power 98,472 Beneficially Owned By Each Reporting Person With 6) Shared Voting Power 175,725 7) Sole Dispositive Power 0 8) Shared Dispositive Power 211,222 9) Aggregate Amount Beneficially Owned by Each Reporting Person 274,197 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11) Percent of Class Represented by Amount in Row (9) 16.1 12) Type of Reporting Person (See Instructions) BK ITEM 4 - OWNERSHIP: The following information is as of December 31, 1997: (a) Amount Beneficially Owned: 274,197 shares (b) Percent of Class: 16.1* (c) Number of shares to which such person has: (i) sole power to vote or to direct the vote 98,472 (ii) shared power to vote or to direct the vote 175,725 (iii) sole power to dispose or to direct the disposition of 0 (iv) shared power to dispose or to direct the disposition of 211,222 * At December 31, 1997, PNC Bank, National Association also beneficially owned in one or more accounts 474,691 shares of nonvoting common stock of the Issuer. 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. February 13, 1998 -------------------------------------------- Date /s/ ROBERT L. HAUNSCHILD -------------------------------------------- Signature - PNC Bank Corp. Robert L. Haunschild, Senior Vice President and Chief Financial Officer -------------------------------------------- Name/Title February 13, 1998 -------------------------------------------- Date /s/ PAUL L. AUDET -------------------------------------------- Signature - PNC Bancorp, Inc. Paul L. Audet, Vice President -------------------------------------------- Name/Title February 13, 1998 -------------------------------------------- Date /s/ THOMAS R. MOORE -------------------------------------------- Signature - PNC Bank, National Association Thomas R. Moore, Vice President and Secretary -------------------------------------------- Name/Title AN AGREEMENT TO FILE A JOINT STATEMENT WAS PREVIOUSLY FILED AS EXHIBIT A TO AMENDMENT NO. 2.