0001193125-13-060598.txt : 20130214 0001193125-13-060598.hdr.sgml : 20130214 20130214170403 ACCESSION NUMBER: 0001193125-13-060598 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130214 DATE AS OF CHANGE: 20130214 GROUP MEMBERS: M. & S. MOSHAYEDI REVOCABLE TRUST, DATED 11/16/95 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MOSHAYEDI MANOUCH CENTRAL INDEX KEY: 0001133785 FILING VALUES: FORM TYPE: SC 13G/A SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STEC, INC. CENTRAL INDEX KEY: 0001102741 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 330399154 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60919 FILM NUMBER: 13615618 BUSINESS ADDRESS: STREET 1: 3001 DAIMLER ST CITY: SANTA ANA STATE: CA ZIP: 92705-5812 BUSINESS PHONE: 8003677330 MAIL ADDRESS: STREET 1: 3001 DAIMLER ST CITY: SANTA ANA STATE: CA ZIP: 92705 FORMER COMPANY: FORMER CONFORMED NAME: SIMPLETECH INC DATE OF NAME CHANGE: 20010507 FORMER COMPANY: FORMER CONFORMED NAME: SIMPLE TECHNOLOGY INC DATE OF NAME CHANGE: 20000106 SC 13G/A 1 d486276dsc13ga.htm AMENDMENT NO. 13 TO SCHEDULE 13G Amendment No. 13 to Schedule 13G

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G/A

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2

(Amendment No. 13)*

 

 

STEC, Inc.

(Name of Issuer)

 

 

Common Stock, $0.001 par value per share 

(Title of Class of Securities)

784774 101

(CUSIP Number)

December 31, 2012

(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)

¨ 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 disclosures provided in a prior cover page.

The information required on 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. 784774 101   13G/A   Page 2 of 9 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Manouch Moshayedi

  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

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5     

SOLE VOTING POWER

 

2,784,992 (1)(2)

   6   

SHARED VOTING POWER

 

   7   

SOLE DISPOSITIVE POWER

 

2,784,992 (1)(2)

   8   

SHARED DISPOSITIVE POWER

 

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,784,992 (1)(2)

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

 

Not Applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.9%* (1)(2)

12  

TYPE OF REPORTING PERSON (See Instructions)

 

IN

 


CUSIP No. 784774 101   13G/A   Page 3 of 9 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

M. and S. Moshayedi Revocable Trust, dated 11/16/95

  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

 

California

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5     

SOLE VOTING POWER

 

2,428,742

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

2,428,742

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,428,742

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

 

Not Applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.2%*

12  

TYPE OF REPORTING PERSON (See Instructions)

 

OO

 


CUSIP No. 784774 101

  13G/A   Page 4 of 9 Pages

 

Item 1(a) Name of Issuer:

STEC, Inc.

 

Item 1(b) Address of Issuer’s Principal Executive Offices:

3001 Daimler Street

Santa Ana, California 92705-5812

 

Item 2(a) Name of Person Filing:

Manouch Moshayedi

M. and S. Moshayedi Revocable Trust, dated 11/16/95

 

Item 2(b) Address of Principal Business Offices or, if none, Residence:

3001 Daimler Street

Santa Ana, California 92705-5812

 

Item 2(c) Citizenship

Manouch Moshayedi – United States

M. and S. Moshayedi Revocable Trust, dated 11/16/95 – California

 

Item 2(d) Title of Class of Securities:

Common Stock, $0.001 par value per share

 

Item 2(e) CUSIP Number:

784774 101

 

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.


CUSIP No. 784774 101

  13G/A   Page 5 of 9 Pages

 

Item 4. Ownership.

 

  (a) Amount Beneficially Owned:

Manouch Moshayedi (1)(2) – 2,784,992

M. and S. Moshayedi Revocable Trust, dated 11/16/95 – 2,428,742

 

  (b) Percent of Class:

Manouch Moshayedi (1)(2) – 5.9%*

M. and S. Moshayedi Revocable Trust, dated 11/16/95 – 5.2%*

 

  (c) Number of shares as to which such person has:

 

  (i) sole power to vote or to direct the vote:

Manouch Moshayedi (1)(2) – 2,784,992

M. and S. Moshayedi Revocable Trust, dated 11/16/95 – 2,428,742

 

  (ii) shared power to vote or to direct the vote:

Manouch Moshayedi – 0

M. and S. Moshayedi Revocable Trust, dated 11/16/95 – 0

 

  (iii) sole power to dispose or to direct the disposition of:

Manouch Moshayedi (1)(2) – 2,784,992

M. and S. Moshayedi Revocable Trust, dated 11/16/95 – 2,428,742

 

  (iv) shared power to dispose or to direct the disposition of:

Manouch Moshayedi – 0

M. and S. Moshayedi Revocable Trust, dated 11/16/95 – 0


CUSIP No. 784774 101

  13G/A   Page 6 of 9 Pages

 

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.

Not Applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

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. Certifications.

Not Applicable.


CUSIP No. 784774 101

  13G/A   Page 7 of 9 Pages

 

* Calculated based on 46,805,274 shares of the Issuer’s common stock outstanding as of December 31, 2012. Pursuant to Rule 13d-3 promulgated under the Securities Exchange Act, as amended (the “Act”), certain securities convertible into, or exchangeable for, shares of common stock, may be deemed to be shares of common stock for purposes of determining beneficial ownership. Pursuant to Rule 13d-3 promulgated under the Act, “beneficial ownership” means the sole or shared power to vote or direct the voting or to dispose or direct the disposition of any security. A person is deemed as of any date to have “beneficial ownership” of any security that such person has a right to acquire within 60 days after such date and such security shall be deemed to be outstanding for purposes of calculating such person’s percentage ownership. For purposes of calculating the ownership percentage of the Reporting Persons, any securities that any person other than such Reporting Person has the right to acquire within 60 days of such date are not deemed to be outstanding.
(1) Consists of: (i) 2,428,742 shares held by Manouch Moshayedi, as trustee for the M. and S. Moshayedi Revocable Trust, dated 11/16/95 for the benefit of Manouch Moshayedi’s family; (ii) 25,000 held by Manouch Moshayedi; and (iii) 331,250 options to purchase common stock exercisable within 60 days of December 31, 2012. Manouch Moshayedi disclaims beneficial ownership, except to the extent of his pecuniary interest therein, if any, of the shares held by the M. and S. Moshayedi Revocable Trust (“Revocable Trust”). The filing of this Schedule 13G/A shall not be construed as an admission that Manouch Moshayedi is, for purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of shares held by the Revocable Trust.
(2) Does not include 1,133,923 shares that were gifted to a separate trust on May 9, 2012 for the benefit of Manouch Moshayedi’s descendants. Mr. Moshayedi disclaims beneficial ownership of the shares held by that trust.


CUSIP No. 784774 101   13G/A   Page 8 of 9 Pages

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, 2013

/s/ Manouch Moshayedi
Manouch Moshayedi
M. AND S. MOSHAYEDI REVOCABLE TRUST, DATED 11/16/95
/s/ Manouch Moshayedi
Manouch Moshayedi, Trustee


CUSIP No. 784774 101   13G/A   Page 9 of 9 Pages

EXHIBIT A

AGREEMENT FOR JOINT FILING OF SCHEDULE 13G/A

The undersigned and each other person executing this joint filing agreement (the “Agreement’) agree as follows:

(1) The undersigned and each other person executing this Agreement are individually eligible to use the Schedule 13G/A to which this Exhibit is attached and such Schedule 13G/A is filed on behalf of the undersigned and each other person executing this Agreement; and

(2) The undersigned and each other person executing this Agreement are responsible for the timely filing of such Schedule 13G/A and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of the undersigned or any other person executing this Agreement is responsible for the completeness or accuracy of the information concerning any other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which, taken together, shall constitute one and the same instrument.

Date: February 14, 2013

 

Signature:   /s/ Manouch Moshayedi
Name:   Manouch Moshayedi

 

M. AND S. MOSHAYEDI REVOCABLE TRUST, DATED 11/16/95
Signature:   /s/ Manouch Moshayedi
Name:   Manouch Moshayedi
Title:   Trustee