UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                               (Amendment No. 3)*


                            Macdermid, Incorporated
                                (Name of Issuer)


                           Common Stock, no par value
                         (Title of Class of Securities)


                                   554273 10 2
                                 (CUSIP Number)


                               December 31, 2000
            (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)

          [X]  Rule 13d-1(c)

          [_]  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 (however, see the Notes).





CUSIP No. 554273 10 2


________________________________________________________________________________
1.   NAMES OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

     Thomas W. Smith
________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                 (a)  [_]
                                                                 (b)  [X]

________________________________________________________________________________
3.   SEC USE ONLY



________________________________________________________________________________
4.   CITIZEN OR PLACE OF ORGANIZATION


     United States
________________________________________________________________________________
  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           75,195
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          1,574,108
               _________________________________________________________________
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING         75,195
               _________________________________________________________________
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            1,574,108
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


     1,649,303
________________________________________________________________________________
10.  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     Not Applicable

________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


     5.3%
________________________________________________________________________________
12.  TYPE OF REPORTING PERSON


     IN
________________________________________________________________________________



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CUSIP No. 554273 10 2


________________________________________________________________________________
1.   NAMES OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

     Thomas N. Tryforos
________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                 (a)  [_]
                                                                 (b)  [X]

________________________________________________________________________________
3.   SEC USE ONLY



________________________________________________________________________________
4.   CITIZEN OR PLACE OF ORGANIZATION


     United States
________________________________________________________________________________
  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           0
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          1,574,108
               _________________________________________________________________
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING         0
               _________________________________________________________________
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            1,574,108
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


     1,574,108
________________________________________________________________________________
10.  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     Not applicable

________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


     5.1%
________________________________________________________________________________
12.  TYPE OF REPORTING PERSON


     IN
________________________________________________________________________________



                                       -3-



ITEM 1.


     (a)  Name of Issuer:

          MacDermid, Incorporated

     (b)  Address of Issuer's Principal Executive Offices:

          245 Freight Street
          Waterbury, CT 06702

ITEM 2.

     (a)  Name of Person Filing:

          (i)  Thomas W. Smith

          (ii) Thomas N. Tryforos

          The filing of this Statement shall not be deemed to be an admission
          that the filing persons comprise a "group" within the meaning of
          Section 13(d)(3) of the Securities Exchange Act of 1934, as amended.

     (b)  Address of Principal Business Office:

          The following is the address of the principal business office of each
          of the filing persons:

          323 Railroad Avenue
          Greenwich, CT 06830

     (c)  Citizenship:

          Each of Messrs. Thomas W. Smith and Thomas N. Tryforos is a United
          States citizen.

     (d)  Title of Class of Securities:

          Common Stock, no par value

     (e)  CUSIP Number:

          554273 10 2

ITEM 3. If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
        (c), check whether the person filing is a:

          Not applicable.

          If this Statement is filed pursuant to Rule 13d-1(c), check this box
          [x]

                                      -4-




ITEM 4. Ownership

     (a)  Thomas W. Smith - 1,649,303 shares; Thomas N. Tryforos - 1,574,108
          shares

     (b)  Thomas W. Smith - 5.3%; Thomas N. Tryforos - 5.1%

     (c)  Each of Thomas W. Smith and Thomas N. Tryforos has shared power to
          vote or to direct the vote and shared power to dispose or to direct
          the disposition of 1,574,108 shares; Thomas W. Smith has sole power to
          vote and dispose of 75,195 shares, and Thomas N. Tryforos has sole
          power to vote and dispose of no shares.

ITEM 5. Ownership of Five Percent or Less of a Class

          Not applicable.

ITEM 6. Ownership of More than Five Percent on Behalf of Another Person

          Messrs. Smith and Tryforos in the aggregate beneficially own 1,597,108
          shares in their capacities as investment managers for certain managed
          accounts. The managed accounts have the right to receive dividends
          from, and the proceeds from the sale of, the managed accounts' shares.

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

          By signing below, I certify that, to the best of my knowledge and
          belief, the securities referred to above were not acquired and are not
          held for the purpose of or with the effect of changing or influencing
          the control of the issuer of the securities and were not acquired and
          are not held in connection with or as a participant in any transaction
          having that purpose or effect.

                                      -5-




                                    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 14, 2001


                                             /s/ Thomas W. Smith
                                             -----------------------------------
                                             Thomas W. Smith


                                             /s/ Thomas N. Tryforos
                                             -----------------------------------
                                             Thomas N. Tryforos

                                      -6-




                             JOINT FILING AGREEMENT

     The undersigned agree that the foregoing Statement on Schedule 13G, dated
February 14, 2001, is being filed with the Securities and Exchange Commission on
behalf of each of the undersigned pursuant to Rule 13d-1(k)

Dated: February 14, 2001

                                             /s/ Thomas W. Smith
                                             -----------------------------------
                                             Thomas W. Smith


                                             /s/ Thomas N. Tryforos
                                             -----------------------------------
                                             Thomas N. Tryforos





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