-----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, OwhrXxum8Z3xAXOZAGhRZLam87lTIYi+AgrUh7foxcRhlG4fZnhcP64T8v/DNHDM ot0c8TELI+E6DCsCkp8haA== 0001095449-04-000136.txt : 20041102 0001095449-04-000136.hdr.sgml : 20041102 20041101175354 ACCESSION NUMBER: 0001095449-04-000136 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041102 DATE AS OF CHANGE: 20041101 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PRO DEX INC CENTRAL INDEX KEY: 0000788920 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047] IRS NUMBER: 841261240 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-37216 FILM NUMBER: 041111163 BUSINESS ADDRESS: STREET 1: MICRO MOTORS, INC. STREET 2: 151 EAST COLUMBINE CITY: SANTA ANA STATE: CA ZIP: 92707 BUSINESS PHONE: 714-241-4411 MAIL ADDRESS: STREET 1: MICRO MOTORS INC. STREET 2: 151 EAST COLUMBINE CITY: SANTA ANA STATE: CA ZIP: 92707 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Glacier Asset Management, L.L.C. CENTRAL INDEX KEY: 0001305875 IRS NUMBER: 330931437 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 501 CHAPALA STREET STREET 2: SUITE D CITY: SANTA BARBARA STATE: CA ZIP: 93101 BUSINESS PHONE: (805) 564-6769 MAIL ADDRESS: STREET 1: 501 CHAPALA STREET STREET 2: SUITE D CITY: SANTA BARBARA STATE: CA ZIP: 93101 SC 13G 1 a13g.txt SCHEDULE 13G FOR SEPTEMBER 30, 2004 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Amendment No. ____) Under the Securities Exchange Act of 1934 Pro-Dex, Inc. (Name of Issuer) Common stock, no par value (Title of Class of Securities) 74265M106 (CUSIP Number) September 30, 2004 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out or 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. 74265M106 SCHEDULE 13G Page 2 of 7 1 Name of Reporting Person Glacier Asset Management, L.L.C IRS Identification No. of Above Person 33-0931437 2 Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization California 5 Sole Voting Power 455,300 NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY -0- OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH 455,300 8 Shared Dispositive Power -0- 9 Aggregate Amount Beneficially Owned by each Reporting Person 455,300 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* [ ] 11 Percent of Class Represented by Amount in Row 9 5.1% 12 Type of Reporting Person* OO, IA CUSIP No. 74265M106 SCHEDULE 13G Page 3 of 7 1 Name of Reporting Person Glacier Partners IRS Identification No. of Above Person 56-2058405 2 Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization California 5 Sole Voting Power 455,300 NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY -0- OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH 455,300 8 Shared Dispositive Power -0- 9 Aggregate Amount Beneficially Owned by each Reporting Person 455,300 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* [ ] 11 Percent of Class Represented by Amount in Row 9 5.1% 12 Type of Reporting Person* HC, PN CUSIP No. 74265M106 SCHEDULE 13G Page 4 of 7 1 Name of Reporting Person H. Peter Castellanos IRS Identification No. of Above Person 2 Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization United States 5 Sole Voting Power 465,300 NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY -0- OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH 465,300 8 Shared Dispositive Power -0- 9 Aggregate Amount Beneficially Owned by each Reporting Person 465,300 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* [ ] 11 Percent of Class Represented by Amount in Row 9 5.2% 12 Type of Reporting Person* OO, IN CUSIP No. 74265M106 SCHEDULE 13G Page 5 of 7 Item 1(a). Name of Issuer. Pro-Dex, Inc. Item 1(b). Address of Issuer's Principal Executive Offices. 151 E. Columbine Avenue, Santa Ana, California 92707 Item 2(a). Names of Persons Filing. Glacier Asset Management, L.L.C., Glacier Partners, and H. Peter Castellanos. Item 2(b). Address of Principal Business Office or, if none, Residence. The office address for Glacier Asset Management, L.L.C., Glacier Partners, and H. Peter Castellanos is 501 Chapala Street, Suite D, Santa Barbara, CA 93101 Item 2(c). Citizenship. Glacier Asset Management, L.L.C. is a California limited liability company, Glacier Partners is a California limted partnership, and H. Peter Castellanos is a United States citizen. Item 2(d). Title of Class of Securities. Common stock, no par value Item 2(e). CUSIP Number. 74265M106 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with 240.13d- 1(b)(1)(ii)(E). CUSIP No. 74265M106 SCHEDULE 13G Page 6 of 7 (f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F). (g) [X] A parent holding company or control person in accordance with 240.13b-1(b)(1)(ii)(G). (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) [ ] A church plan that is excluded form the definition of an investment company under section 3(c)(14) of the Investment Company act of 1940 (15 U.S.C. 80a-3). (j) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Reference is made hereby made to Items 5-9 and 11 of page two (2), three (3) and four (4) of this Schedule 13G, which Items are incorporated by reference herein. 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. Glacier Asset Management, L.L.C. is deemed to be the beneficial owner of the number of securities reflected in Item 5-9 and 11 of page two (2) of this Schedule 13G pursuant to separate arrangements whereby it acts as investment adviser to certain persons. Each person for whom Glacier Asset Management, L.L.C. acts as investment adviser has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the common stock purchased or held pursuant to such arrangements. H. Peter Castellanos is deemed to be the beneficial owner of the number of securities reflected in Items 5-9 and 11 on page four (4) of this Schedule 13G pursuant to his ownership interest in Glacier Asset Management, L.L.C. (455,300) and securties held in his personal accounts(10,000). Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. CUSIP No. 74265M106 SCHEDULE 13G Page 7 of 7 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, Glacier Asset Management, L.L.C., Glacier Partners, and H. Peter Castellanos certify that, to the best of their knowledge and belief, the securities referred to above on page two (2), three (3), and four(4) respectively, of this Schedule 13G were acquired and are held in the ordinary course of business and 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. Signature After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: October 27, 2004 Glacier Asset Management, L.L.C., /s/ H. Peter Castellanos _____________________________ By: H. Peter Castellanos its: Managing Member DATED: October 27, 2004 Glacier Partners /s/ H. Peter Castellanos _____________________________ By: H. Peter Castellanos, managing member of its general partner DATED: October 27, 2004 H. Peter Castellanos /s/ H. Peter Castellanos _____________________________ By: H. Peter Castellanos -----END PRIVACY-ENHANCED MESSAGE-----