-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OcXl1YzBjbqEJ8rFnOAtNvN0bDjDc9UO2O5U0a7FX4syDYKT82v3EI5xM0jlQzgw cHwX5+celXFKFONNdf8pXQ== 0001193125-05-082701.txt : 20050422 0001193125-05-082701.hdr.sgml : 20050422 20050422162239 ACCESSION NUMBER: 0001193125-05-082701 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050422 DATE AS OF CHANGE: 20050422 GROUP MEMBERS: BISCO INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN GROUP MEMBERS: MR. GLEN F.CEILEY FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BISCO INDUSTRIES INC CENTRAL INDEX KEY: 0001029296 IRS NUMBER: 000000000 STATE OF INCORPORATION: IL FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1500 N. LAKEVIEW AVE. CITY: ANAHEIM STATE: CA ZIP: 92807 BUSINESS PHONE: 7146932901 MAIL ADDRESS: STREET 1: 1500 N. LAKEVIEW AVE. CITY: ANAHEIM STATE: CA ZIP: 92807 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DATA I/O CORP CENTRAL INDEX KEY: 0000351998 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 910864123 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-33828 FILM NUMBER: 05767747 BUSINESS ADDRESS: STREET 1: 10525 WILLOWS RD NE STREET 2: P O BOX 97046 CITY: REDMOND STATE: WA ZIP: 98073-9746 BUSINESS PHONE: 4258676922 MAIL ADDRESS: STREET 1: P O BOX 97046 STREET 2: 10525 WILLOWS RD NE CITY: REDMOND STATE: WA ZIP: 98073-9746 SC 13D/A 1 dsc13da.htm SCHEDULE 13D/A - AMENDMENT NO. 19 Schedule 13D/A - Amendment No. 19

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D (Amendment No. 19)

 

 

Under The Securities Exchange Act of 1934

 

 

 

 

Data I/O Corporation


(Name of Issuer)

 

 

Common Stock, No Par Value


(Title of Class of Securities)

 

 

237690102


(CUSIP Number)

 

 

Glen F. Ceiley

Bisco Industries, Inc.

1500 N. Lakeview Ave.

Anaheim, CA 92807

(714) 693-2901


(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

April 22, 2005


(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is subject of this Schedule 13D, and is filing this statement because of Rule 13d-1(b)(3) or (4), check the following box:  ¨

 

Exhibit Index on Page 7.

 

Page 1 of 12 Pages


SCHEDULE 13D

CUSIP No. 237690102

 

  1.  

Name of Reporting Person

 

            Mr. Glen F. Ceiley

   
  2.  

Check the Appropriate Box if a Member of a Group

(a)  x

(b)  ¨

   
  3.  

SEC Use Only

 

   
  4.  

Source of Funds

 

            FF

   
  5.  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  ¨
  6.  

Citizenship or Place of Organization

 

            U.S.A

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

                3,557 shares of Common Stock


  8.    Shared Voting Power

 

                968,480 shares of Common Stock ( See item 5)


  9.    Sole Dispositive Power

 

                3,557 shares of Common Stock


10.    Shared Dispositive Power

 

                968,480 shares of Common Stock ( See item 5)

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            972,037 shares of Common Stock ( See item 5)

   
12.  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

 

¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

            12.07%

   
14.  

Type of Reporting Person

 

            IN

   

 

Page 2 of 12 Pages


SCHEDULE 13D

CUSIP No. 237690102

 

  1.  

Name of Reporting Person

 

            Bisco Industries, Inc.

   
  2.  

Check the Appropriate Box if a Member of a Group

(a)  x

(b)  ¨

   
  3.  

SEC Use Only

 

   
  4.  

Source of Funds

 

            WC

   
  5.  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  ¨
  6.  

Citizenship or Place of Organization

 

            Illinois

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

                694,916 shares of Common Stock (See Item 5)


  8.    Shared Voting Power

 

                0


  9.    Sole Dispositive Power

 

                694,916 shares of Common Stock (See Item 5)


10.    Shared Dispositive Power

 

                0

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            694,916 shares of Common Stock (See Item 5)

   
12.  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

 

¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

            8.63%

   
14.  

Type of Reporting Person

 

            CO

   

 

Page 3 of 12 Pages


SCHEDULE 13D

CUSIP No. 237690102

 

  1.  

Name of Reporting Person

 

            Bisco Industries, Inc. Profit Sharing and Savings Plan

   
  2.  

Check the Appropriate Box if a Member of a Group

(a)  x

(b)  ¨

   
  3.  

SEC Use Only

 

   
  4.  

Source of Funds

 

            OO

   
  5.  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  ¨
  6.  

Citizenship or Place of Organization

 

            U.S.A.

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

                273,564 shares of Common Stock (See Item 5)


  8.    Shared Voting Power

 

                0


  9.    Sole Dispositive Power

 

                273,564 shares of Common Stock (See Item 5)


10.    Shared Dispositive Power

 

                0

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            273,564 shares of Common Stock (See Item 5)

   
12.  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

 

¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

            3.40%

   
14.  

Type of Reporting Person

 

            EP

   

 

Page 4 of 12 pages


Item 2.   Identity and Background

 

(a)—(c), (f). This Schedule 13D is being filed by Mr. Glen F. Ceiley (“Mr. Ceiley”), Bisco Industries, Inc., an Illinois corporation (“Bisco”), and the Bisco Industries, Inc. Profit Sharing and Savings Plan (the “Plan”). Mr. Ceiley, Bisco and the Plan, are hereinafter collectively referred to as the “Reporting Persons.”

 

Mr. Ceiley’s principal employment is President of Bisco and his business address is 1500 N. Lakeview Ave., Anaheim, CA 92807. Mr. Ceiley is a citizen of the United States of America.

 

Bisco’s principal business is the distribution of fasteners and electronic components. Bisco is an Illinois corporation. Its principal office is located at 1500 N. Lakeview Ave., Anaheim, CA 92807. Mr. Ceiley owns 100% of the voting common stock of Bisco.

 

The Plan was adopted by the Board of Directors of Bisco for the exclusive benefit of eligible Bisco employees. The Plan’s business address is 1500 N. Lakeview Ave., Anaheim, CA 92807. Mr. Ceiley is the sole trustee of the Plan.

 

(d) and (e). During the last five years, none of the Reporting Persons has (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgement, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Page 5 of 12 pages


Item 5.   Interest in Securities of the Issuer

 

Item 5 to Schedule 13D is amended as follows:

 

(a) As of the close of business on April 22, 2005 the Reporting Persons owned in the aggregate, 972,037 Shares, which represent approximately 12.07% of the 8,056,049 Shares outstanding as of November 1, 2004 as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2004. In accordance with the Rule 13d-5 (b) (1) of the General Rules and regulations under the Securities Exchange Act of 1934, as amended, each of Mr. Glen Ceiley, individually and as Trustee of the Plan, the Plan, and Bisco individually, may be deemed to have acted as a group and such group may be deemed to have acquired beneficial ownership of Shares beneficially owned by any of such persons.

 

As of close of business on March 18, 2005, (i) Mr. Glen Ceiley beneficially owned an aggregate of 972,037 Shares, of which 3,557 shares were owned by Mr. Ceiley individually, 694,916 Shares were owned by Bisco, of which Mr. Glen Ceiley is the sole stockholder and President, and 273,564 Shares were held by Mr. Glen Ceiley as sole Trustee of the Plan.

 

(b) Mr. Glen Ceiley has the sole power to vote and dispose of the shares which he owns individually and the power to vote and to dispose of the Shares owned by the Plan and Bisco.

 

(c) Since the Reporting Persons most recent filing on Schedule 13D, the Reporting Persons purchased and sold Shares in the manner, in the amounts, on the dates and at the prices set forth on Schedule 1 attached hereto and incorporated herein by reference.

 

(d) Not applicable

 

(e) Not applicable

 

Page 6 of 12 Pages


Item 7.   Material to be Filed as Exhibits

 

    

Page Number


Exhibit 1. Joint Filing Agreement dated as of September 20, 1999

   12

 

Page 7 of 12 Pages


SCHEDULE 1

 

The Reporting Persons have engaged in the following transactions in Shares since August 25, 2004 the last day on which a transaction in the shares by the reporting persons was reported on the Schedule 13D. All transactions involved purchases of Shares on the NASDAQ.

 

Date


  

Purchaser


    

Broker


     Shares

       Price

     Cost

 
12/20/2004    Bisco profit sharing      E Trade      (2,000.00 )      3.42      (6,849.84 )
12/20/2004    Bisco profit sharing      E Trade      (4,000.00 )      3.37      (13,469.69 )
3/1/2005    Bisco profit sharing      E Trade      (55,000.00 )      3.12      (171,600.00 )
3/1/2005    BISCO CORP.      E Trade      (5,000.00 )      3.22      (16,100.00 )
3/9/2005    BISCO CORP.      E Trade      (1,900.00 )      3.20      (6,080.00 )
3/10/2005    BISCO CORP.      E Trade      (447.00 )      3.18      (1,421.46 )
3/16/2005    BISCO CORP.      E Trade      (18,000.00 )      3.00      (54,000.00 )

 

* Excluding commissions

 

Page 8 of 12 pages


SIGNATURE

 

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: April 22, 2005

 

 

/s/    Glen F. Ceiley        

Name: Glen F. Ceiley

 

Page 9 of 12 pages


SIGNATURE

 

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: April 22, 2005

 

Bisco Industries, Inc.

/s/    Glen F. Ceiley        

Name: Glen F. Ceiley
Title: President

 

Page 10 of 12 pages


SIGNATURE

 

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: April 22, 2005

 

Bisco Industries, Inc.

Profit Sharing And Savings Plan

/s/    Glen F. Ceiley        

Name: Glen F. Ceiley
Title: Trustee

 

Page 11 of 12 Pages


EXHIBIT 1

 

JOINT FILING AGREEMENT

 

In accordance with rule 13d-(f) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13D referred to below) on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the common stock. no par value (the “Common Stock”), of Data I/O Corporation, a Washington corporation, and that this Agreement be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

 

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of September 20, 1999.

 

/s/    GLEN F. CEILEY        
Glen F. Ceiley

 

Bisco Industries, Inc.
/s/    GLEN F. CEILEY        
Name: Glen F. Ceiley
Title: President

 

Bisco Industries, Inc.
Profit Sharing and Savings Plan
/s/    GLEN F. CEILEY        
Name: Glen F. Ceiley
Title: Trustee

 

Page 12 of 12 Pages


          SHARES

        DOLLARS

 
Breakdown:   

E Trade profit sharing

   151,564         $ 315,212.42  
    

Schwab profit sharing

   122,000         $ 374,688.09  
    

E Trade corporate

   486,816         $ 657,969.76  
    

Schwab corporate

   43,300         $ 120,529.40  
    

Glen Ceiley Registered Shares

   3,557         $ (308.46 )
    

Bisco Corporate Registered Shares

   164.800         $ 238,806.25  
         

     


     Total:    972,037         $ 1,706,897.46  
0.04%   

GLEN CEILEY

   3,557         $ (308.46 )
4.08%   

PROFIT SHARING

   273,564         $ 689,900.51  
7.94%   

BISCO CORP.

   694,916         $ 1,017,305.41  
         

     


12.07%         972,037         $ 1,706,897.46  
    

OUTSTANDING SHARES AT 11/1/2004

from 10q qtr ending 9/30/04

         8,056,049            
    

CURRENT PERCENT OWNED

   12.07 %            
    

PERCENT LAST 13-D FILING

filed 12/15/2004

   13.25 %            

* NOTIFY GLEN IF HIT 19.99%
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