-----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, OnlUSnbdIq64SVogP6FDYN1CAPxZycdeEYlHBwSAHZ7jUMOXG+ZVfcV+4QrXPcid nyYreUR4Kz/mmOL2efRkkg== 0000914317-01-500195.txt : 20010710 0000914317-01-500195.hdr.sgml : 20010710 ACCESSION NUMBER: 0000914317-01-500195 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010709 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IEH CORPORATION CENTRAL INDEX KEY: 0000050292 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC CONNECTORS [3678] IRS NUMBER: 135549345 STATE OF INCORPORATION: NY FISCAL YEAR END: 0330 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-38983 FILM NUMBER: 1676678 BUSINESS ADDRESS: STREET 1: 140 58TH ST BLDG B UNIT 8E CITY: BROOKLYN STATE: NY ZIP: 11220 BUSINESS PHONE: 7184924440 MAIL ADDRESS: STREET 1: 369 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: INDUSTRIAL ELECTRONIC HARDWARE CORP DATE OF NAME CHANGE: 19890123 FORMER COMPANY: FORMER CONFORMED NAME: INDUSTRIAL HEAT TREATING CO INC DATE OF NAME CHANGE: 19670926 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: IEH CORPORATION CENTRAL INDEX KEY: 0000050292 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC CONNECTORS [3678] IRS NUMBER: 135549345 STATE OF INCORPORATION: NY FISCAL YEAR END: 0330 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 140 58TH ST BLDG B UNIT 8E CITY: BROOKLYN STATE: NY ZIP: 11220 BUSINESS PHONE: 7184924440 MAIL ADDRESS: STREET 1: 369 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: INDUSTRIAL ELECTRONIC HARDWARE CORP DATE OF NAME CHANGE: 19890123 FORMER COMPANY: FORMER CONFORMED NAME: INDUSTRIAL HEAT TREATING CO INC DATE OF NAME CHANGE: 19670926 SC 13D/A 1 sc13da39787_7-9.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* IEH CORPORATION (Name of Issuer) COMMON STOCK, $.50 PAR VALUE PER SHARE (Title of Class of Securities) (CUSIP Number) ROBERT KNOTH, 140 58TH STREET, SUITE 8E, BROOKLYN, NEW YORK 11220 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JUNE 23, 2001 ------------------------------------------------------- (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 the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [_]. Check the following box if a fee is being paid with the statement [_]. (A fee is not required only if the reporting 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 of less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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). SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. ________________ Page 2 of 5 pages - -------------------------------------------------------------------------------- =========== ==================================================================== 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON MICHAEL OFFERMAN S.S.: - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] N/A - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] N/A - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES CITIZEN - ----------- -------------------------------------------------------------------- 7 SOLE VOTING POWER 903,184 -------- ---------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 43,600 OWNED BY EACH -------- ---------------------------------------------- REPORTING PERSON 9 SOLE DISPOSITIVE POWER WITH 903,184 -------- ---------------------------------------------- 10 SHARED DISPOSITIVE POWER 43,600 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 946,784 (1) - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 41.10% (1) - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN =========== ==================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Represents 903,184 shares of the $.50 par value Common Stock of IEH Corporation ("IEH") solely owned by Michael Offerman and 43,600 shares of the Common Stock of IEH jointly owned by Mr. Offerman and his wife Gail Offerman. As of June 23, 2001, there were 2,303,468 shares of Common Stock of IEH issued and outstanding. Page 3 of 5 pages Item 1. Security and Issuer This amended statement on Schedule 13D (this "Statement") relates to the purchase by Michael Offerman, President and Chief Executive Officer of IEH Corporation ("IEH"), of 547,000 shares of the Common Stock of IEH, $.50 par value per share. IEH is a New York corporation with its principal executive office located at 140 58th Street, Suite 8E, Brooklyn, New York 11220. Item 2. Identity and Background The full name of the natural person filing this Statement is Michael Offerman. Mr. Offerman is the President, Chief Executive Officer and a director of IEH, a New York corporation. IEH is engaged in the design, development, manufacture and distribution of high performance electronic printed circuit connectors and specialized interconnection devices. Electronic connectors and interconnection devices are used to provide connections between electronic component assemblies. The Company develops and manufactures connectors which are designed for a variety of high technological and high performance applications. The address of IEH's principal business and executive offices is 140 58th Street, Suite 8E, Brooklyn, New York 11220. Michael Offerman is not required to disclose legal proceedings pursuant to Items 2(d) and 2(e) of Schedule 13D. Michael Offerman is a citizen of the United States. Item 3. Source and Amount of Funds or Other Consideration The June 23, 2001 purchase by Michael Offerman of 547,000 shares of the Common Stock of IEH for an aggregate purchase price of $82,050 was funded from the personal funds of Michael Offerman. Item 4. Purpose of Transaction On June 23, 2001, Gerard Deiss, a natural person, and Michael Offerman, a natural person, entered into a share purchase agreement (the "Share Purchase Agreement"), whereby Mr. Deiss, the owner of 547,000 shares (the "Shares") of the Common Stock of IEH, agreed to sell the Shares to Mr. Offerman, and Mr. Offerman agreed to purchase the Shares. The agreed purchase price is $82,050. The acquisition of the Common Stock of IEH by Michael Offerman is for investment purposes. Responses to the specific requests of Item 4 are as follows: (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Not applicable. Page 4 of 5 pages (e) Not applicable. (f) Not applicable. (g) Not applicable. (h) Not applicable. (i) Not applicable. (j) Michael Offerman currently has no plans or proposals which relate to, or may result in, any of the matters listed in Items 4(a) - (j) of Schedule 13D (although Mr. Offerman reserves the right to develop such plans). Item 5. Interest in Securities of the Issuer (a) - (b) This Amendment No. 1 to the Schedule 13D report of Michael Offerman is being submitted to correct the aggregate number of shares of the Common Stock beneficially owned by Mr. Offerman as of June 23, 2001. As a result of the Share Purchase Agreement described above, Michael Offerman may be deemed the beneficial owner of a total of 946,784 shares of the Common Stock of IEH, $.50 par value per share. Mr. Offerman has the sole power to vote and dispose of 903,184 shares of the Common Stock of IEH and the shared power to vote and dispose of 43,600 shares of the Common Stock of IEH. Mr. Offerman's ownership of 946,784 shares of the Common Stock of IEH constitutes approximately 41.10% of the issued and outstanding shares of the Common Stock of IEH based on the number of shares of IEH Common Stock outstanding as of June 23, 2001. (c) Other than the Share Purchase Agreement described above, no transactions in the class of securities reported have been effected during the past sixty days by Michael Offerman. (d) No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities of IEH reported on herein. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer Other than the Share Purchase Agreement described above, there are no contracts, arrangements, understandings or relationships among the persons named in Item 2 and between such persons and any person with respect to any securities of IEH, including but not limited to transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangement, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Page 5 of 5 pages Item 7. Material to be Filed as Exhibits There are no exhibits required to be filed pursuant to Item 7 of Schedule 13D. 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. July 6, 2001 /s/ Michael Offerman ----------------------------------- Michael Offerman -----END PRIVACY-ENHANCED MESSAGE-----