-----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, IwXYJ8f3D5tEMRnIeZdg3zLl5pOPNz+Owe3zV1mvFcLvOppYtPR/Z9cAvBTfyESP LUgmfKFaFJgWn40vnTo5CA== 0000897423-97-000025.txt : 19970222 0000897423-97-000025.hdr.sgml : 19970222 ACCESSION NUMBER: 0000897423-97-000025 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19970214 SROS: NASD GROUP MEMBERS: ANJALI K. PURKAYASTHA GROUP MEMBERS: DAVID J. DUNN GROUP MEMBERS: DEV PURKAYASTHA GROUP MEMBERS: IDANTA PARTNERS LTD GROUP MEMBERS: IDANTA PARTNERS LTD. GROUP MEMBERS: PERSCILLA FAILY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IOMEGA CORP CENTRAL INDEX KEY: 0000352789 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 860385884 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35972 FILM NUMBER: 97532424 BUSINESS ADDRESS: STREET 1: 1821 W IOMEGA WAY CITY: ROY STATE: UT ZIP: 84067 BUSINESS PHONE: 8017781000 MAIL ADDRESS: STREET 1: 1821 WEST IOMEGA WAY CITY: ROY STATE: UT ZIP: 84067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: IDANTA PARTNERS LTD CENTRAL INDEX KEY: 0001025857 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 952743760 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 4660 LAJOLLA VILLAGE DR STREET 2: STE 850 CITY: SAN DIEGO STATE: CA ZIP: 92122 BUSINESS PHONE: 6194529690 MAIL ADDRESS: STREET 1: 4660 LAJOLLA VILLAGE DR STREET 2: STE 850 CITY: SAN DIEGO STATE: CA ZIP: 92122 SC 13G/A 1 IOMEGA CORP. SCHED. 13G AMENDMENT NO. 8 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G** Under the Securities Exchange Act of 1934 (Amendment No. 8)* IOMEGA CORPORATION (Name of Issuer) COMMON STOCK, $0.03 and 1/3 PAR VALUE (Title and Class of Securities) 462030107 (CUSIP Number) Check the following box if a fee is being paid with the statement / / (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). ** The total number of shares reported herein is 12,976,146 which constitutes approximately 10.1% of the total number of shares outstanding. All ownership percentages set forth herein assume that there are 127,976,624 shares outstanding. 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON IDANTA PARTNERS LTD. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) XX 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS, UNITED STATES OF AMERICA NUMBER OF 5 SOLE VOTING POWER SHARES 11,354,356 (1) BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- EACH 7 SOLE DISPOSITIVE POWER REPORTING 11,354,356 (1) PERSON 8 SHARED DISPOSITIVE POWER WITH -0- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,354,356 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.9% (2) 12 TYPE OF REPORTING PERSON* PN *SEE INSTRUCTION BEFORE FILLING OUT! (1) As exercised by its general partners Dunn Family Trust, David J. Dunn, Trustee, Purkayastha Family Trust, Dev Purkayastha, Trustee, and Perscilla Faily Trust, Perscilla Faily, Trustee. (2) Assumes, pursuant to Rule 13d-3(d)(1)(i) of the Act, that there are 127,976,624 shares of the Stock outstanding. 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DUNN FAMILY TRUST, DAVID J. DUNN, TRUSTEE 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) XX 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA NUMBER OF 5 SOLE VOTING POWER SHARES 1,403,472 (Excludes 1200 shares held by spouse) BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 11,354,356 (1) EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,403,472 (Excludes 1200 shares held by spouse) PERSON 8 SHARED DISPOSITIVE POWER WITH 11,354,356 (1) 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,757,828 (2) 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* XX 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.0% (3) 12 TYPE OF REPORTING PERSON* OO (GRANTOR TRUST FOR INDIVIDUAL) *SEE INSTRUCTION BEFORE FILLING OUT! (1) Soley in his capacity as one of three general partners of Idanta Partners Ltd. (2) By virtue of (1) and his individual ownership of 1,403,472 shares of the Stock. (3) Assumes, pursuant to Rule 13d-3(d)(1)(i) of the Act, that there are 127,976,624 shares of the Stock outstanding. 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON PURKAYASTHA FAMILY TRUST-A, DEV PURKAYASTHA, TRUSTEE 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) XX 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA NUMBER OF 5 SOLE VOTING POWER SHARES 218,318 (1) BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 11,354,356 (2) EACH 7 SOLE DISPOSITIVE POWER REPORTING 218,318 (1) PERSON 8 SHARED DISPOSITIVE POWER WITH 11,354,356 (2) 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,572,674 (3) 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.0% (4) 12 TYPE OF REPORTING PERSON* OO (GRANTOR TRUST FOR INDIVIDUAL) *SEE INSTRUCTION BEFORE FILLING OUT! (1) Includes the 210,218 shares of the Stock he holds individually as well as the 8,100 shares of the Stock his minor daughter holds. (2) Soley in his capacity as one of three general partners of Idanta Partners Ltd. (3) By virtue of (2) and his individual ownership of 210,218 shares of the Stock and the ownership of 8,100 shares by his minor daughter. (4) Assumes, pursuant to Rule 13d-3(d)(1)(i) of the Act, that there are 127,976,624 shares of the Stock outstanding. 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ANJALI PURKAYASTHA, DEV PURKAYASTHA, CUSTODIAN, UGMA 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) XX 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA NUMBER OF 5 SOLE VOTING POWER SHARES 8,100 (1) BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 11,354,356 (2) EACH 7 SOLE DISPOSITIVE POWER REPORTING 8,100 (1) PERSON 8 SHARED DISPOSITIVE POWER WITH 11,354,356 (2) 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,362,456 (3) 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.9% (4) 12 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTION BEFORE FILLING OUT! (1) Includes the 8,100 shares of the Stock she holds individually as a minor child. (2) Soley in the capacity of her guardian father, Dev Purkayastha who is one of three general partners of Idanta Partners Ltd. (3) By virtue of (2) and the individual ownership of 8,100 shares of the Stock. (4) Assumes, pursuant to Rule 13d-3(d)(1)(i) of the Act, that there are 127,976,624 shares of the Stock outstanding. 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON PERSCILLA FAILY TRUST, PERSCILLA FAILY, TRUSTEE 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) XX 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA NUMBER OF 5 SOLE VOTING POWER SHARES -0- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 11,354,356 (1) EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- PERSON 8 SHARED DISPOSITIVE POWER WITH 11,354,356 (1) 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,354,356(2) 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.9% (3) 12 TYPE OF REPORTING PERSON* OO (GRANTOR TRUST FOR INDIVIDUAL) *SEE INSTRUCTION BEFORE FILLING OUT! (1) Soley in her capacity as one of three general partners of Idanta Partners Ltd. (2) By virtue of (1). (3) Assumes, pursuant to Rule 13d-3(d)(1)(i) of the Act, that there are 127,976,624 shares of the Stock outstanding. Pursuant to Rule 13d-2(b) of Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the Act ), the undersigned hereby amend their schedule 13G Statement dated February 13, 1985, relating to the Common Stock, par value $0.03-1/3 per share (the Stock ), of Iomega Corporation (the Issuer ), as heretofore amended by: Amendment No. 1 thereto dated March 13, 1985, Amendment No. 2 thereto dated February 13, 1986, Amendment No. 3 thereto dated February 13, 1987, Amendment No. 4 thereto dated February 13, 1989, Amendment No. 5 thereto dated February 13, 1990, Amendment No. 6 thereto dated February 13, 1991, and Amendment No. 7 thereto dated February 13, 1992. Unless otherwise indicated, all defined terms used herein shall have the same meanings as those set forth in the Schedule 13G. Pursuant to Regulation 240.13d-2(c), since this amendment constitutes the first electronic amendment, the entire Schedule 13G is restated. Item 1(a). Name of Issuer. The name of the issuer is Iomega Corporation. Item 1(b). Address of Issuer s Principal Executive Offices. The address of the issuer s principal executive offices is: 1821 West Iomega Way Roy, Utah, 84067. Item 2(a). Name of Person Filing. Pursuant to Rules 13d-1(f)(1)-(2) of Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the Act ), the undersigned hereby file this Schedule 13G Statement on behalf of Idanta Partners Ltd., a Texas limited partnership ( IPL ), David J. Dunn, trustee of the Dunn Family Trust (a grantor trust) ( DJD ), Dev Purkayastha, trustee of the Purkayastha Family Trust-A (a grantor trust) ( DP), Dev Purkayastha, custodian for Anjali K. Purkayastha ( AKP ) and Perscilla Faily, trustee of the Perscilla Faily Trust (a grantor trust) ( PF ). IPL, DJD, DP, AKP and PF are sometimes hereinafter referred to as the Reporting Persons. The Reporting Persons are making this single, joint filing because they may be deemed to constitute a group within the meaning of Section 13(d)(3) of the Act, although neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that a group exists. Item 2(b). Address of Principal Business Office, or if none, Residence. The principal business office address of all Reporting Persons (IPL, DJD, DP, AKP and PF) is: 4660 La Jolla Village Drive, Suite 850 San Diego, California 91222 Item 2(c). Citizenship. IPL is a Texas limited partnership. DJD is a citizen of the United States of America. DP is a citizen of the United States of America. AKP is a citizen of the United States of America. PF is a citizen of the United States of America. Item 2(d). Title of Class of Securities. This Schedule 13G Statement relates to the Common Stock, $0.03 and 1/3 par value, of the Issuer (the Stock ). Item 2(e) CUSIP Number. The CUSIP Number of the Stock is 462030107. Item 3. Filing Pursuant to Rules 13d-1(b) of 13d-2(b). This Schedule 13G Statement is not being filed pursuant to Rule 13d-1(b) or rule 13d-2(b). Item 4. Ownership. IPL: (a) The aggregate number of shares of the Stock that IPL owns beneficially, pursuant to Rule 13d-3 of the Act, is 11,354,356, (b) which constitutes approximately 8.9% of the assumed 127,976,624 outstanding shares of the Stock. (c) Acting through its general partners, IPL has the sole power to vote or to direct the vote and to dispose or to direct the disposition of 11,354,356 shares of the Stock. DJD: (a) Because of his position as general partner of IPL (which owns 11,354,356 shares of the Stock) and because of his individual ownership of 1,403,472 shares of the Stock, DJD may pursuant to Rule 13d-3 of the Act, be deemed to be beneficial owner of 12,757,828 shares in the aggregate, (b) which constitutes approximately 10.0% of the assumed 127,976,624 outstanding shares of the Stock. DJD s spouse owns 1,200 shares of Stock which DJD disclaims beneficial ownership. (c) In his capacity as a general partner of IPL, DJD has the shared power to vote or to direct the vote and to dispose or to direct the disposition of 11,354,356 shares of the Stock. DJD shares this power with DP and PF. DJD also has the sole power to vote or direct the vote and to dispose or to direct the disposition of 1,403,472 shares of the Stock. DJD s spouse owns 1,200 shares of Stock of the Issuer which DJD claims no beneficial ownership and is therefore not included in any share numbers. DP: (a) Because of his position as general partner of IPL (which owns 11,354,356 shares of the Stock) and because of his individual ownership of 210,218 shares of the Stock and his custodianship of 8,100 shares of the Stock owned by his minor daughter, AKP, DP may pursuant to Rule 13d-3 of the Act, be deemed to be beneficial owner of 11,572,674 shares in the aggregate, (b) which constitutes approximately 9.0% of the assumed 127,976,624 outstanding shares of the Stock. (c) In his capacity as a general partner of IPL, DP has the shared power to vote or to direct the vote and to dispose or to direct the disposition of 11,354,356 shares of the Stock. DP shares this power with DJD and PF. DP also has the sole power to vote or direct the vote and to dispose or to direct the disposition of 218,318 shares of the Stock (includes 8100 shares he controls as guardian for his minor daughter AKP). AKP: (a) Because of the position of the Purkayastha Family Trust as general partner of IPL and because of Dev Purkayastha s ownership, as custodian for Anjali K. Purkayastha, of 8,100 shares of the Stock, Dev Purkayastha, as custodian for Anjali K. Purkayastha may pursuant to Rule 13d-3 of the Act, be deemed to be beneficial owner of 11,362,456 shares in the aggregate, (b) which constitutes approximately 8.9% of the assumed 127,976,624 outstanding shares of the Stock. (c) In his capacity as a general partner of IPL, Dev Purkayastha, custodian of Anjali K. Purkayastha, his minor daughter, has the shared power to vote or to direct the vote and to dispose or to direct the disposition of 11,354,356 shares of the Stock. DP shares this power with DJD and PF. DP, as custodian for AP, also has the sole power to vote or direct the vote and to dispose or to direct the disposition of 8,100 shares of the Stock. PF: (a) Because of her position as general partner of IPL, PF may pursuant to Rule 13d-3 of the Act, be deemed to be beneficial owner of 11,354,356 shares in the aggregate, which (b) constitutes approximately 8.9% of the assumed 127,976,624 outstanding shares of the Stock. (c) In her capacity as a general partner of IPL, PF has the shared power to vote or to direct the vote and to dispose or to direct the disposition of 11,354,356 shares of the Stock. PF shares this power with DJD and DP. PF owns no shares individually. Item 5. Ownership of Five Percent or Less of a Class. This filing on Schedule 13G is not for the purpose of reporting the fact that the Reporting Persons have ceased to be the beneficial owners of more than five percent (5%) of the outstanding shares of the Stock. Item 6. Ownership of More than Five Percent on Behalf of Another Person. No person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of the Stock owned by them. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. This Schedule 13G Statement is not being filed by a parent holding company. Item 8. Identification and Classification of Members of the Group. This Schedule 13G Statement is being filed on behalf of each of the Reporting Persons pursuant to Rules 13d-1(c) and 13d-1(f)(1)(iii). The agreement required by Rule 13d-1(f)(1)(iii) is attached hereto as Exhibit A. Item 9. Notice of Dissolution of Group. It is inapplicable for the purposes herein to provide notice of dissolution of a group. Item 10. Certification. This filing on Schedule 13G is not being made pursuant to Rule 13d-1(b). Signatures: 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. Dated: January 17, 1997 IDANTA PARTNERS LTD. a Texas limited partnership by: /s/ David J. Dunn by: /s/ Dev Purkayastha David J. Dunn, Trustee Dev Purkayastha, Trustee Dunn Family Trust Purkayastha Family Trust General Partner General Partner by: /s/ Perscilla Faily Perscilla Faily, Trustee Perscilla Faily Trust General Partner DUNN FAMILY TRUST by: /s/ David J. Dunn David J. Dunn, Trustee PURKAYASTHA FAMILY TRUST ANJALI K. PURKAYASTHA by: /s/ Dev Purkayastha by: /s/ Dev Purkayastha Dev Purkayastha, Trustee Dev Purkayastha, Custodian, UGMA PERSCILLA FAILY TRUST by: /s/ Perscilla Faily Perscilla Faily, Trustee EX-99.1 2 JOINT FILING AGREEMENT FOR SCHED. 13G EXHIBIT 99.1 Pursuant to Rule 13d-1(f)(iii) of Regulation 13D-G of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agree that the statement to which this Exhibit is attached is filed on behalf of them in the capacities set forth hereinbelow. IDANTA PARTNERS LTD. a Texas limited partnership by: /s/ David J. Dunn by: /s/ Dev Purkayastha David J. Dunn, Trustee Dev Purkayastha, Trustee Dunn Family Trust Purkayastha Family Trust General Partner General Partner by: /s/ Perscilla Faily Perscilla Faily, Trustee Perscilla Faily Trust General Partner DUNN FAMILY TRUST by: /s/ David J. Dunn David J. Dunn, Trustee PURKAYASTHA FAMILY TRUST ANJALI K. PURKAYASTHA by: /s/ Dev Purkayastha by: /s/ Dev Purkayastha Dev Purkayastha, Trustee Dev Purkayastha, Custodian, UGMA PERSCILLA FAILY TRUST by: /s/ Perscilla Faily Perscilla Faily, Trustee -----END PRIVACY-ENHANCED MESSAGE-----