-----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, LYdqax88rxG2YmT+DCqvo/Hk6rBOr42/KQGXtosxxfKKwRF0Vr1zAKME/Qgjy+Wy Fz5/LUEgTdcV+ckLFhgGzQ== 0000924781-02-000006.txt : 20020618 0000924781-02-000006.hdr.sgml : 20020618 20020618162940 ACCESSION NUMBER: 0000924781-02-000006 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020618 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DIGITAL POWER CORP CENTRAL INDEX KEY: 0000896493 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 941721931 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-50273 FILM NUMBER: 02681602 BUSINESS ADDRESS: STREET 1: 41920 CHRISTY ST CITY: FREMONT STATE: CA ZIP: 94538 BUSINESS PHONE: 5106572635 MAIL ADDRESS: STREET 1: 41920 CHRISTY STREET CITY: FREMONT STATE: CA ZIP: 94538 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BLANK BARRY W CENTRAL INDEX KEY: 0000924781 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: P O BOX 32056 CITY: PHOENIX STATE: AZ ZIP: 85064 BUSINESS PHONE: 6029521200 MAIL ADDRESS: STREET 1: P O BOX 32056 CITY: PHOENIX STATE: AZ ZIP: 85064 SC 13D 1 schedule13ddpwcorrected.txt SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. )* Digital Power Corporation (Name of Issuer) Common Stock, no par value (Title of Class of Securities) 253862106 (CUSIP Number) Barry W. Blank, PO Box 32056, Phoenix, Arizona 85064, (212) 809-4610 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 31, 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 [ ]. Note: if a paper filing is being made, 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 any 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 purposes 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. 253862106 Page 2 of 5 Pages 1 NAME OF REPORTING PERSON Barry W. Blank S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 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) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA N U M B E R O F 7 SOLE VOTING POWER 260,500 shares of Common Stock S H A R E S B E N E F I C I A L L Y 8 SHARED VOTING POWER None O W N E D B Y R E P O R T I N G 9 SOLE DISPOSITIVE POWER 260,500 shares of Common Stock P E R S O N W I T H 1 0 SHARED DISPOSITIVE POWER None 1 1 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON 260,500 shares of Common Stock 1 2 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 1 3 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.77477% 1 4 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT Item 1. Security and Issuer. The title and class of equity securities to which this statement relates are: Common Stock, no par value. The name, address and the principal executive offices of the issuer of such securities are: Digital Power Corporation 41920 Christy Street Freemont, California 94538-3158 Item 2. Identity and Background. (a) The name of the reporting person is Barry W. Blank. (b) Mr. Blank's address is: PO Box 32056 Phoenix, Arizona 85064 (c) Mr. Blank is a registered representative employed by Murphy & Durieu, a member of the New York Stock Exchange, 1661 East Camelback Road, Suite 201, Phoenix, Arizona 85016. (d) During the last five years Mr. Blank has not been convicted in a criminal proceeding. (e) During the last five years Mr. Blank was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is not subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Mr. Blank is a citizen of the United States. Item 3. Source and Amount of Funds or Other Consideration. Mr. Blank purchased an aggregate of 260,500 shares of the issuer's Common Stock for an aggregate price of $218,655.20, including commissions, as set forth in the following table: Date of Number Price Gross Purchase of Shares Per Share (1) Purchase Price (2) 6/25/01 2,400 $ 0.91000 2,293.20 (3) 6/25/01 47,600 0.95000 45,278.00 (3) 8/03/01 75,000 0.92000 69,026.00 (3) 8/20.01 50,000 0.85000 42,513.00 (3) 8/20/01 100 0.80000 93.00 (3) 8/28/01 25,000 0.75000 18,763.00 (3) 8/28/01 24,900 0.78000 19,333.00 (3) 8/31/01 1,300 0.70000 923.00 (3) 9/18/02 600 0.60000 373.00 (3) 9/21/01 24,400 0.60000 14,653.00 (3) 10/03/01 3,400 0.55000 1888.00 (3) 4/16/02 4,900 0.60000 2,953.00 (4) 4/17/02 800 0.60000 493.00 (4) 5/07/02 100 0.60000 73.00 (4) (1) These prices exclude commissions. (2) These prices include commissions. (3) These shares were purchased by Barry W. Blank Trust. Mr. Blank is the Trustee and the beneficiary of this Trust. (4) These shares were purchased by Delaware Charter Trustee for Barry Blank Defined Benefit, Mr. Blank's Keogh plan. The source of the funds for Mr. Blank's purchases was personal funds, none of which is represented by funds or other consideration borrowed or otherwise obtained for the purpose of acquiring, holding, trading or voting the securities, or by a loan from a bank in the ordinary course of business. Item 4. Purpose of Transaction. Mr. Blank acquired the subject securities for purposes of investment and future sale. He has no plans or proposals, which relate to or would result in: (a) The acquisition by any person of additional securities of the issuer, or the disposition of such securities, except that he may acquire additional securities or dispose of securities of the issuer depending upon the then current business conditions of the issuer and the economy in general; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the issuer or any of its subsidiaries; (d) Any change in the current board of directors and management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) Any material change in the current capitalization or dividend policy of the issuer; (f) Any material change in the issuer's business or corporate structure; (g) Changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions, which may impede the acquisition of control of the issuer by any person; (h) Causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12 (g) (4) of the Securities Exchange Act of 1934; or (j) Any action similar to those enumerated above. Item 5. Interest in Securities of the Issuer. (a) Mr. Blank owns, through his Trust and his Keogh plan, 260,500 shares of the issuer's Common Stock, which currently represent 5.77477% of the outstanding shares of such Stock. This amount excludes any securities that may be owned by Mr. Blank's customers in which he has no beneficial or other interest and over which he has no voting or dispositive power. (b) Mr. Blank has the sole power to vote, direct the vote, dispose and direct the disposition of all of the shares of Common Stock which he owns. He does not share with anyone the power to vote, direct the vote, dispose or direct the disposition of any other shares of Common Stock. (c) Mr. Blank has made no purchases or sales of the Common Stock within the past 60 days except as set forth herein. (d) No person other than Mr. Blank has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the 260,500 shares Common Stock that he owns. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Mr. Blank is not a party to contracts, agreements, understandings or relationships (legal or otherwise) with respect to any securities of the issuer, including but not limited to transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Item 7. Material to be Filed as Exhibits. None. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement with respect to me is true, complete and correct. Dated: June , 2002 S/BARRY W. BLANK Barry W. Blank CUSIP No. 253862106 Page ?? of 5 Pages -----END PRIVACY-ENHANCED MESSAGE-----