-----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, L1MZ1Q9lI2lS2CuNxUwq6D2qsBCvnjOtHdD/gjZsjLu1eJ0/2lamuw4Xj8p4tlot QYksTOKJRGMz/KJAj1sr+w== 0000802851-96-000003.txt : 19960216 0000802851-96-000003.hdr.sgml : 19960216 ACCESSION NUMBER: 0000802851-96-000003 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960214 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LOGIC DEVICES INC CENTRAL INDEX KEY: 0000802851 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 942893789 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40068 FILM NUMBER: 96519085 BUSINESS ADDRESS: STREET 1: 628 E EVELYN AVE CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 4087373300 MAIL ADDRESS: STREET 1: 628 EAST EVELYN AVE CITY: SUNNYVALE STATE: CA ZIP: 94086 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FARKAS HOWARD L CENTRAL INDEX KEY: 0000941543 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 5460 SOUTH QUEBEC STREET 2: SUITE 300 CITY: ENGLEWOOD STATE: CO ZIP: 80111 SC 13G/A 1 SCHEDULE 13G AMENDMENT NO. 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. (4))* LOGIC DEVICES INCORPORATED (Name of Issuer) COMMON STOCK, NO PAR VALUE (Title of Class of Securities) 541402 10 3 (CUSIP Number) Check the following box if a fee is being paid with this 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). CUSIP NO. 541402 10 3 13G PAGE 2 OF 5 PAGES 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Howard L. Farkas ###-##-#### 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Colorado NUMBER OF 5 SOLE VOTING POWER SHARES 100,000 shares of Common Stock, no par value, of Logic BENEFICIALLY Devices Incorporated ("Common Stock") underlying unexercised OWNED BY warrants EACH 6 SHARED VOTING POWER REPORTING -0- PERSON 7 SOLE DISPOSITIVE POWER WITH 100,000 shares underlying unexercised warrants 8 SHARED DISPOSITIVE POWER -0- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 100,000 shares underlying unexercised warrants (see * below) 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.7% 12 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTION BEFORE FILLING OUT! STATEMENT CONTAINING INFORMATION REQUIRED BY SCHEDULE 13G ITEM 1. (A) NAME OF ISSUER Logic Devices Incorporated (B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES 628 East Evelyn Avenue Sunnyvale, California 94086 ITEM 2. (A) NAME OF PERSON FILING Howard L. Farkas (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE 5460 South Quebec - Suite 300 Englewood, Colorado 80111 (C) CITIZENSHIP Colorado (D) TITLE OF CLASS OF SECURITIES Common Stock, no par value (E) CUSIP NUMBER 541402 10 3 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: [ ] (A) BROKER OR DEALER REGISTERED UNDER SECTION 15 OF THE ACT. [ ] (B) BANK, AS DEFINED IN SECTION 3(A)19 OF THE ACT. [ ] (C) INSURANCE COMPANY AS DEFINED IN SECTION 3(A)(19) OF THE ACT. [ ] (D) INVESTMENT COMPANY REGISTERED UNDER SECTION 8 OF THE INVESTMENT COMPANY ACT. [ ] (E) INVESTMENT ADVISOR REGISTERED UNDER SECTION 203 OF THE INVESTMENT ADVISERS ACT OF 1940. [ ] (F) EMPLOYEE BENEFIT PLAN, PENSION FUND WHICH IS SUBJECT TO THE PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 OR ENDOWMENT FUND; SEE
240.13D- 1(B)(1)(II)(F). [ ] (G) PARENT HOLDING COMPANY, IN ACCORDANCE WITH
240.13D-1(B)(II)(G). ITEM 4. OWNERSHIP (A) AMOUNT BENEFICIALLY OWNED 100,000 shares based on unexercised warrants (see {*} below) (B) PERCENT OF CLASS 1.7% based upon issued and outstanding shares as of 12/31/95 plus 100,000 shares underlying unexercised warrants standing in this name but excluding all other unexercised options and warrants held by others (C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE 100,000 shares of Common Stock underlying unexercised warrants (II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE -0- (III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 100,000 shares of Common Stock underlying unexercised warrants (IV) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF -0- ________________________ {* }810,122 shares of Common Stock and warrants to purchase 75,045 shares of Common Stock are held of record by Mr. Stephen A. Hellerstein, as trustee of the Farkas trusts, the beneficiaries of which consist of Mr. Farkas and members of his family. Mr. Farkas has no power to vote or direct the vote or dispose or direct the disposition of any of these securities and expressly disclaims any beneficial ownership of any such securities. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X] ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP The footnote on the preceding page discloses shares and warrants to purchase shares held by Mr. Stephen A. hellerstein, as trustee of the Farkas Trusts, the beneficiaries of which consist of Mr. Farkas and members of his family. Mr. Farkas has never had the power to vote or direct the vote or dispose or direct the disposition of any such securities and has always disclaimed ownership of these securities even though the securities were previously voluntarily disclosed on Mr. Farkas' previous filings on Schedule 13. Joint filings were not made in the past, and Mr. Farkas hereby expressly disavows any existence of a group for reporting purposes. Mr. Hellerstein will continue to report separately on Schedule 13G. ITEM 10. CERTIFICATION Not applicable 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. FEBRUARY 14, 1996 Date /S/ HOWARD L. FARKAS Signature HOWARD L. FARKAS Name/Title -----END PRIVACY-ENHANCED MESSAGE-----