SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Caralt Fernando

(Last) (First) (Middle)
P.I "EL RAMASSAR"-C/VALLES, S/H

(Street)
BARCELONA U3 ES08520

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/25/2007
3. Issuer Name and Ticker or Trading Symbol
BALLISTIC RECOVERY SYSTEMS INC [ BRSI.OB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock par value $0.01 per share 1,102,941 I By CIMSA Ingenieria de Sistemas, S.A.(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Purchase Warrant 06/25/2007 06/25/2010 Common Stock 275,735 $2 I By CIMSA Ingenieria de Sistemas, S.A.(1)
Explanation of Responses:
1. The Reporting Person is an executive officer and director of CIMSA Ingenieria de Sistemas, S.A. ("CIMSA"). CIMSA has the right to nominate a representative to serve on the Issuer's board of directors. The Reporting Person currently serves as CIMSA's representative on the Issuer's board of directors. Reference is made to CIMSA's Schedule 13D dated June 25, 2007 relating to the Issuer's common stock, as filed with the Securities and Exchange Commission on June 27, 2007, for further information regarding CIMSA's right to nominate a representative to serve on the Issuers's board of directors. The Reporting Person disclaims beneficial ownership of the securities held by CIMSA.
/s/ Fernando Caralt 06/27/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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