------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION -------------------------------------
FORM 3 WASHINGTON, D.C. 20549 OMB APPROVAL
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB Number: 3235-0104
Expires: January 31, 2005
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FILED PURSUANT TO SECTION 16(a) OF THE SECURITIES EXCHANGE
ACT OF 1934, SECTION 17(a) OF THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935 OR SECTION 30(h) OF THE
(Print or Type Responses) INVESTMENT COMPANY ACT OF 1940
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1. Name and Address of Reporting Person* 2. Date of Event Re- 4. Issuer Name AND Ticker or Trading
quiring Statement Symbol
(Month/Day/Year)
Schwedes Randall E. Gardner Denver, Inc. (GDI)
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(Last) (First) (Middle) ----------------------- 5. Relationship of Reporting Person(s) 6. If Amendment, Date of
3. I.R.S. Identifi- to Issuer Original
cation Number of (Check all applicable) (Month/Day/Year)
Gardner Denver, Inc. Reporting Person, __ Director __ 10% Owner
1800 Gardner Expressway if an entity x Officer (give __ Other (specify
------------------------------------------- (voluntary) -- title below) below) -------------------------
(Street) 7. Individual or Joint/
Treasurer Group Filing (Check
------------------------ Applicable Line)
x Form filed by One
---Reporting Person
Form filed by More
---than One Reporting
Quincy IL 62301 Person
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(City) (State) (Zip)
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Direct (D) or (Instr. 5)
(Instr. 4) Indirect (I)
(Instr. 5)
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Common Stock 459 D
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541(1) I 401(k) and Excess Plan
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TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS,
OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Date Exercisable 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of Indirect
Security (Instr. 4) and Expiration Underlying Derivative Security sion or ship Beneficial
Date (Instr. 4) Exercise Form of Ownership
(Month/Day/Year) Price of Deriv- (Instr. 5)
------------------------------------------------------- Derivative ative
Date Expira- Title Amount or Security Securities:
Exer- tion Number of Direct
cisable Date Shares (D) or
Indirect
(I)
(Instr. 5)
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Explanation of Responses:
(1) Between 4/24/00 and 2/24/03 the reporting person has acquired 541 shares
under the Company's Retirement Savings Plan, a 401(k) plan, and the
related Supplemental Excess Defined Contribution Plan. The information
reported herein is based on a report dated as of 2/24/03 from the Plan's
recordkeeper, JP Morgan/American Century.
/s/ Randall E. Schwedes February 25, 2003
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**Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see
Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby
constitutes and appoints Tracy D. Pagliara the undersigned's true and lawful
attorney-in-fact to:
(1) Execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer of Gardner
Denver, Inc. (the "Company"), Forms 3, 4 and 5 in
accordance with Section 16(a) of the Securities
Exchange Act of 1934 and the rules thereunder;
(2) do and perform any and all acts for and on behalf of
the undersigned which may be necessary or desirable
to complete and execute any such Form 3, 4 or 5 and
timely file such form with the United States
Securities and Exchange Commission and any stock
exchange or similar authority; and
(3) take any other action of any type whatsoever in
connection with the foregoing which, in the opinion
of such attorney-in-fact, may be of benefit to, in
the best interest of, or legally required by, the
undersigned, it being understood that the documents
executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall
be in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in
such attorney-in-fact's discretion.
The undersigned hereby grants such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocations, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorney-in-fact, in serving in such capacity at the request of the
undersigned, is not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Forms 3, 4 or 5 with
respect to the undersigned's holdings of and transactions in securities issued
by the Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed this 26th day of February, 2003.
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/s/Randall E. Schwedes
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Randall E. Schwedes