UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _________)* Acme United Corporation ----------------------------------------------------------- (Name of Issuer) Common Stock ------------------------------------------------------------ (Title of Class of Securities) 004816104 --------------------------- (CUSIP Number) Check the following line if a fee is being paid with this settlement ____. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). *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).Page 1 of 5 CUSIP No. 004816104 13G Page 2 of 5 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Shawmut National Corporation (#06-1212629) ------------------------------------------------------------------- 2. CHECK THE APPROPRIATE LINE IF A MEMBER OF A GROUP* (a)______ (b)__X__ ------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION State of Connecticut/United States of America ------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF 58,233 Shares SHARES ------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 512,808 Shares EACH ------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON 58,333 Shares WITH ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 512,808 Shares ------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 571,141 Shares ------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* No ------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 17.1% ------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* HC, BK ------------------------------------------------------------------- * SEE INSTRUCTION BEFORE FILLING OUT! Page 3 of 5 Item 1(a). Name of Issuer. Acme United Corporation Item 1(b). Address of Issuer's Principal Executive Offices. 75 Kings Highway Cutoff Fairfield, CT 06430 Item 2(a). Name of Person Filing. Shawmut National Corporation Item 2(b). Address of Principal Business Office. 777 Main Street, Hartford, CT 06115 Item 2(c). Citizenship. United States of America Item 2(d). Title of Class of Securities. Common Stock Item 2(e). CUSIP Number. 004816 10 4 Item 3. Statements Filed Pursuant to Rule 13d-1(b) or 13d-2(b). The person filing is a: (b) X Bank has defined in Section 3(a)(b) of the Act (g) X Parent Holding Company, in accordance with s240.13d-1(b)(ii)(G) Item 4. Ownership. (See Item 6) (a) Amount beneficially owned (as of December 31, 1993: 571,141 shares.) (b) Percent of class: 17.1% Page 4 of 5 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 58,233 shares (ii) Shared power to vote or to direct the vote 512,808 shares (iii) Sole power to dispose or todirect the disposition of 58,333 shares (iv) Shared power to dispose on to direct the disposition of 512,808 shares Item 5. Ownership of Five Percent of Less of a Class. Not applicable Item 6. Ownership of More Than Five Percent on Behalf of Another Person. All of the shares reported as beneficially owned under Item 4(a), above, are held by the Bank in a fiduciary capacity. Shares are held by the Bank as trustee, and/or Co-Trustee, for the benefit of other persons who have the right to receive dividends and the proceeds from the sale of such shares. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Shawmut Bank Connecticut, N.A. Item 3 classification: (b) Bank as defined in Section 3(a)(6) of the Act. Item 8. Identification and Classification of Members of the Group. Not applicable. Page 5 of 5 Item 10. Certification. By signing below we certify that, to the best of our 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 affect of changing or influencing the control of the issuer of such securities 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 our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. SHAWMUT NATIONAL CORPORATION Date: January 31, 1994 By (Gunnar S. Overstrom) President/COO -------------------------------------- (Name) (Title)