-----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, Paia1Jn3Ve4IX9zjdWAqKz36X0xcVe7pK1wxEYmvCiiC7HkMFq/p6z6d3EtarhGI oUN1kfBCKilvt3qV1MYRxg== 0001010924-97-000011.txt : 19970221 0001010924-97-000011.hdr.sgml : 19970221 ACCESSION NUMBER: 0001010924-97-000011 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970210 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC AEROSPACE & ELECTRONICS INC CENTRAL INDEX KEY: 0000790023 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640] IRS NUMBER: 911744587 STATE OF INCORPORATION: WA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47897 FILM NUMBER: 97521212 BUSINESS ADDRESS: STREET 1: 434 OLDS STATION ROAD CITY: WENATCHEE STATE: WA ZIP: 98801 BUSINESS PHONE: 5096648000 MAIL ADDRESS: STREET 2: 434 OLDS STATION ROAD CITY: WENATCHEE STATE: WA ZIP: 98801 FORMER COMPANY: FORMER CONFORMED NAME: PCT HOLDINGS INC /NV/ DATE OF NAME CHANGE: 19950223 FORMER COMPANY: FORMER CONFORMED NAME: VERAZZANA VENTURES LTD DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VERAZZANA VENTURES SYSTEMS LTD DATE OF NAME CHANGE: 19890618 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SMD L L C CENTRAL INDEX KEY: 0000947821 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1225 EAGLE TOWER STREET 2: 60 EAST SOUTH TEMPLE STREET CITY: SALT LAKE CITY STATE: UT ZIP: 84111 BUSINESS PHONE: 8013288700 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Amendment No. 1) UNDER THE SECURITIES EXCHANGE ACT OF 1934 Pacific Aerospace & Electronics, Inc. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 693259 10 3 (CUSIP Number) Jeffrey M. Jones, Esq. DURHAM, EVANS, JONES & PINEGAR, P.C. 50 South Main Street, 850 Key Bank Tower Salt Lake City, Utah 84144 TELEPHONE: (801) 538-2424 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications) July 18, 1996 (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 [ ]. 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 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act. Page 1 of 8 SCHEDULE 13D Page 2 of 8 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON SMD, L.L.C. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE 87-0541037 PERSON - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) [ ] GROUP (b) [X] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS N/A - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL [ ] PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION Utah - ------------------------------------------------------------------------------ NUMBER OF 7. SOLE VOTING POWER 0 SHARES ------------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------ EACH 9. SOLE DISPOSITIVE POWER 0 REPORTING ------------------------------------------------------------ PERSON WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY 0 EACH REPORTING PERSON - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW [ ] (11) EXCLUDES CERTAIN SHARES - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN 0% ROW (11) - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON OO* - ------------------------------------------------------------------------------ * The Reporting Person is a limited liability company. SCHEDULE 13D Page 3 of 8 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON STEPHEN M. STUDDERT S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE ###-##-#### PERSON - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) [ ] GROUP (b) [X] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS N/A - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL [ ] PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S. - ------------------------------------------------------------------------------ NUMBER OF 7. SOLE VOTING POWER 0 SHARES ------------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------ EACH 9. SOLE DISPOSITIVE POWER 0 REPORTING ------------------------------------------------------------ PERSON WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY 0 EACH REPORTING PERSON - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW [ ] (11) EXCLUDES CERTAIN SHARES - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN 0% ROW (11) - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------ SCHEDULE 13D Page 4 of 8 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON THOMAS A. MURDOCK S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE ###-##-#### PERSON - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) [ ] GROUP (b) [X] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS N/A - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL [ ] PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S. - ------------------------------------------------------------------------------ NUMBER OF 7. SOLE VOTING POWER 0 SHARES ------------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------ EACH 9. SOLE DISPOSITIVE POWER 0 REPORTING ------------------------------------------------------------ PERSON WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY 0 EACH REPORTING PERSON - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW [ ] (11) EXCLUDES CERTAIN SHARES - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN 0% ROW (11) - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------ SCHEDULE 13D Page 5 of 8 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON ROGER D. DUDLEY S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE ###-##-#### PERSON - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) [ ] GROUP (b) [X] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS N/A - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL [ ] PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S. - ------------------------------------------------------------------------------ NUMBER OF 7. SOLE VOTING POWER 743 SHARES ------------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------ EACH 9. SOLE DISPOSITIVE POWER 743 REPORTING ------------------------------------------------------------ PERSON WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY 0 EACH REPORTING PERSON - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW [ ] (11) EXCLUDES CERTAIN SHARES - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1% - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------ SCHEDULE 13D Page 6 of 8 This Statement constitutes Amendment No. 1 to the Joint Statement of Beneficial Ownership on Schedule 13D (the "Initial 13D") filed by SMD, L.L.C., a Utah limited liability company ("SMD"), Stephen M. Studdert ("Mr. Studdert"), Thomas A. Murdock ("Mr. Murdock"), and Roger D. Dudley ("Mr. Dudley") (Messrs. Studdert, Murdock and Dudley and SMD are each referred to herein as a "Reporting Person" and they together with SMD are collectively referred to as the "Reporting Persons"), dated as of May 18, 1995 and pertaining to the Reporting Persons' beneficial ownership of the common stock of Pacific Aerospace & Electronics, Inc., a Washington corporation formerly known as PCT Holdings, Inc., a Nevada corporation (the "Company"). This Amendment is being filed to reflect that between the time the Initial 13D was filed and July 18, 1996, SMD sold all of the Company's common stock beneficially owned by SMD, and that the Reporting Persons are therefore no longer required to file amendments to the Initial 13D. Except as amended below, the information set forth in the Initial 13D remains unchanged. ITEM 1.SECURITY AND ISSUER This Statement on Schedule 13D relates to the Common Stock, par value $.001 per share, of Pacific Aerospace & Electronics, Inc., a Washington corporation formerly known as PCT Holdings, Inc., a Nevada corporation (the "Company"). The address of the principal executive offices of the Company is 434 Olds Station Road, Wenatchee, Washington 98801. ITEM 5. INTERESTS IN SECURITIES OF THE ISSUER. SMD, L.L.C. (a)-(b) SMD beneficially owns no shares of the Company's common stock and has the right to acquire no shares of the Company's common stock. (c) Since the filing of the Initial 13D, SMD has had the following transactions in the Company's common stock: On January 31, 1996, SMD entered into an agreement (the "First Agreement") with an offshore purchaser (the "Offshore Purchaser") pursuant to which SMD agreed to sell and the Offshore Purchaser agreed to purchase, 50,000 shares of the Company's common stock beneficially owned by SMD. Pursuant to the First Agreement, the purchase price paid for such 50,000 shares of the Company's common stock was U.S. $4.00 per share, and the transfer of such stock to the Offshore Purchase was accomplished in reliance on Rule 904 ("Rule 904") of Regulation S under the Securities Act of 1933, as amended. On July 18, 1996, SMD entered into a second agreement (the "Second Agreement") with the Offshore Purchaser pursuant to which SMD agreed to sell and the Offshore Purchaser agreed to purchase the remaining 215,300 shares of the Company's common stock beneficially owned by SMD for a purchase price of U.S. $3.00 per share. The Second Agreement also was accomplished under Rule 904. SCHEDULE 13D Page 7 of 8 (d) Rights with Respect to Dividends or Sales Proceeds: N/A (e) Date of Cessation of Five Percent Beneficial Ownership: July 18, 1996 MR. STUDDERT Other than the securities beneficially owned by SMD, beneficial ownership of which is attributed to Mr. Studdert because of his relationship as a manager and indirect equity owner of SMD, Mr. Studdert beneficially owns no shares of the Company's common stock and has the right to acquire no shares of the Company's common stock. The information provided in this Item 5 for SMD is incorporated herein by reference. MR. MURDOCK Other than the securities beneficially owned by SMD, beneficial ownership of which is attributed to Mr. Murdock because of his relationship as a manager and indirect equity owner of SMD, Mr. Studdert beneficially owns no shares of the Company's common stock and has the right to acquire no shares of the Company's common stock. The information provided in this Item 5 for SMD is incorporated herein by reference. MR. DUDLEY (a)-(b) Other than the securities beneficially owned by SMD, beneficial ownership of which is attributed to Mr. Dudley because of his relationship as a manager and indirect equity owner of SMD, Mr. Dudley beneficially owns 743 shares of the Company's common stock, constituting less than 1% of the issued and outstanding shares of the Company's common stock, and has the right to acquire no shares of the Company's common stock. The information provided in this Item 5 for SMD is incorporated herein by reference. (c) Other than the transactions by SMD, that are described elsewhere in this Item 5 (which discussion is incorporated herein by reference), Mr. Dudley has engaged in no transactions involving common stock of the Company since the filing of the Initial 13D. (d) Rights with Respect to Dividends or Sales Proceeds: N/A (e) Date of Cessation of Five Percent Beneficial Ownership: July 18, 1996 SCHEDULE 13D Page 8 of 8 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. Dated as of February 3, 1997. SMD, L.L.C. By: /s/ Thomas A. Murdock --------------------------------- Thomas A. Murdock, Manager /s/ Stephen M. Studdert ---------------------------------- Stephen M. Studdert, Individually /s/ Thomas A. Murdock ---------------------------------- Thomas A. Murdock, Individually /s/ Roger D. Dudley ---------------------------------- Roger D. Dudley, Individually ATTENTION: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----