-----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, WTa1We1DMusybpy8duAk3MwvgjgJuAEkHAfzdA+Ol8Zy8GoITiWWU0SyW9BNYaMw 9e/ndKk2qjEXEjM4OHm3nA== 0000891554-01-502425.txt : 20010507 0000891554-01-502425.hdr.sgml : 20010507 ACCESSION NUMBER: 0000891554-01-502425 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010504 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TECH LABORATORIES INC CENTRAL INDEX KEY: 0000096664 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 221436279 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-58503 FILM NUMBER: 1622421 BUSINESS ADDRESS: STREET 1: 955 BELMONT AVE CITY: NORTH HALEDON STATE: NJ ZIP: 07508 BUSINESS PHONE: 9734275333 MAIL ADDRESS: STREET 1: TECH LABORATORIES INC STREET 2: 955 BELMONT AVE CITY: NORTH HALEDON STATE: NJ ZIP: 07508 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CIONGOLI BERNARD M CENTRAL INDEX KEY: 0001106986 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 955 BELMONT AVENUE CITY: NORTH HALEDON STATE: NJ ZIP: 07508 BUSINESS PHONE: 9734275333 MAIL ADDRESS: STREET 1: 17 LIBERTY RIDGE TRAIL CITY: TOTOWA STATE: NJ ZIP: 07512 SC 13D/A 1 d25674_13d-a.txt AMENDMENT NO. 2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 TECH LABORATORIES, INC. (Name of Issuer) COMMON STOCK, $.01 PAR VALUE (Title of Class of Securities) 878249101 (CUSIP Number) CRAIG H. EFFRAIN, ESQ. STURSBERG & VEITH 405 LEXINGTON AVENUE, SUITE 4949, NEW YORK, NY 10174-4902 (212) 922-1177 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 3/24/01 (Date of Event which Requires Filing of this Statement) 1 of 4 CUSIP No. 13D 878249101 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BERNARD M. CIONGOLI 154366764 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO THIS STATEMENT IS BEING FILED PURSUANT TO A GRANT OF STOCK OPTIONS, EXERCISABLE WITHIN 60 DAYS, BY TECH LABS TO MR. CIONGOLI. - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 953,334 BENEFICIALLY -------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH -0- REPORTING -------------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 953,334 -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 953,334 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.81% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 2 of 4 Schedule 13D Item 1. Security and Issuer This statement relates to the Common Stock, $.01 Par Value of Tech Laboratories, Inc., 955 Belmont Avenue, North Haledon, NJ 07508. Item 2. Identity and Background (a) Bernard M. Ciongoli (b) Tech Laboratories, Inc. 955 Belmont Avenue North Haledon, NJ 07508 (c) Mr. Ciongoli is the president of Tech Laboratories, Inc. (d) None (e) None (f) USA Item 3. Source and Amount of Funds or Other Consideration This Schedule is being filed pursuant to a grant of stock options by the Company to Mr. Ciongoli which are exercisable within 60 days. Mr. Ciongoli was granted a non-qualified, non-plan option to purchase up to 139,000 shares of the Company's common stock on April 24, 2001. Options to purchase 46,334 shares vested on May 1, 2001 and options to purchase 46,333 shares vest on each of May 1, 2002 and May 1, 2003. The options expire on April 24, 2006. Item 4. Purpose of Transaction See Item 3. Item 5. Interest in Securities of the Issuer See Items 7 through 13 of the cover page to this Schedule 13D/A. As of the date of this report Mr. Ciongoli beneficially owned 953,334 shares. Such number of shares include 433,334 shares of common stock issuable upon exercise of options that are immediately exercisable. These numbers do not include options to purchase up to (i) 50,000 shares that vest to Mr. Ciongoli next year granted under the Company's 1996 Stock Option Plan, (ii) options to purchase up to 74,000 shares that vest over the next two years also granted under the Company's 1996 Stock Option Plan and (iii) options to purchase up to 92,666 shares that vest over the next two years granted under a non-qualified, non-plan stock option agreement. To the knowledge of Bernard M. Ciongoli, the Issuer has 4,379,939 shares of common stock, par value $.01 per share outstanding on the date hereof. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. None Item 7. Material to be Filed as Exhibits None 3 of 4 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. Date: May 4, 2001 /s/ BERNARD M. CIONGOLI ----------------------------------- Signature BERNARD M. CIONGOLI ----------------------------------- Name/Title 4 of 4 -----END PRIVACY-ENHANCED MESSAGE-----