-----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, A8k5i97zmGvdPT8VQ8XjzA3BvVhTOORcm2H6ROHXhkmhDHBkts6DE3ixmAoc0wEh L1OvUlLyvgDXtdnq77WaXw== 0000918905-99-000002.txt : 19990125 0000918905-99-000002.hdr.sgml : 19990125 ACCESSION NUMBER: 0000918905-99-000002 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990122 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRINITECH SYSTEMS INC CENTRAL INDEX KEY: 0000099047 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 061344888 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-47509 FILM NUMBER: 99511427 BUSINESS ADDRESS: STREET 1: 333 LUDLOW STREET CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 2034258000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BELSON JEROME CENTRAL INDEX KEY: 0000900685 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 495 BROADWAY 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10012 BUSINESS PHONE: 2129419500 MAIL ADDRESS: STREET 1: BELSON ENTERPRISES, INC. STREET 2: 495 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10012 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1) TRINITECH SYSTEMS, INC. ----------------------- (Name of Issuer) Common Stock ----------------------------- (Title of Class of Securities) 896406-10-5 -------------- (CUSIP Number) Joan Dacey-Seib, Esq. Jacobs Persinger & Parker 77 Water Street, New York, New York 10005 212-344-1866 - ---------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 8, 1999 ------------------------------------------------------ (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 sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box / /. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See section 240.13d-7(b) 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 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 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). - ----------------------------------------------------------- SCHEDULE 13D CUSIP No. 896406-10-5 - ----------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON. Jerome Belson - ----------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A (a) / / MEMBER OF A GROUP* (b) /X/ - ----------------------------------------------------------- (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) Not applicable. - ----------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION USA - ----------------------------------------------------------- NUMBER OF SHARES (7) SOLE VOTING POWER BENEFICIALLY OWNED BY EACH 511,000 REPORTING PERSON -------------------------------------- WITH (8) SHARED VOTING POWER --- -------------------------------------- (9) SOLE DISPOSITIVE POWER 511,000 -------------------------------------- (10) SHARED DISPOSITIVE POWER --- - ----------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 511,000 shares - ----------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN /X/ ROW (11) EXCLUDES CERTAIN SHARES* - ----------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.7% - ----------------------------------------------------------- (14) TYPE OF REPORTING PERSON* IN - ----------------------------------------------------------- SCHEDULE 13D CUSIP No. 896406-10-5 - ----------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON. Maxine Belson - ----------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A (a) / / MEMBER OF A GROUP* (b) /X/ - ----------------------------------------------------------- (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) Not applicable. - ----------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION USA - ----------------------------------------------------------- NUMBER OF SHARES (7) SOLE VOTING POWER BENEFICIALLY OWNED BY EACH 30,000 REPORTING PERSON -------------------------------------- WITH (8) SHARED VOTING POWER --- -------------------------------------- (9) SOLE DISPOSITIVE POWER 30,000 -------------------------------------- (10) SHARED DISPOSITIVE POWER --- - ----------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,000 shares - ----------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN / / ROW (11) EXCLUDES CERTAIN SHARES* - ----------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.3% - ----------------------------------------------------------- (14) TYPE OF REPORTING PERSON* IN - ----------------------------------------------------------- SCHEDULE 13D CUSIP No. 896406-10-5 - ----------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON. Matthew Belson - ----------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A (a) / / MEMBER OF A GROUP* (b) /X/ - ----------------------------------------------------------- (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) Not applicable. - ----------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION USA - ----------------------------------------------------------- NUMBER OF SHARES (7) SOLE VOTING POWER BENEFICIALLY OWNED BY EACH 50,000 REPORTING PERSON -------------------------------------- WITH (8) SHARED VOTING POWER --- -------------------------------------- (9) SOLE DISPOSITIVE POWER 50,000 -------------------------------------- (10) SHARED DISPOSITIVE POWER --- - ----------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 50,000 shares - ----------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN / / ROW (11) EXCLUDES CERTAIN SHARES* - ----------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.6% - ----------------------------------------------------------- (14) TYPE OF REPORTING PERSON* IN - ----------------------------------------------------------- SCHEDULE 13D CUSIP No. 896406-10-5 - ----------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON. The Jerome Belson Foundation, f/k/a The Joseph Belsky Foundation - ----------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A (a) / / MEMBER OF A GROUP* (b) /X/ - ----------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------- (4) SOURCE OF FUNDS* WC - ----------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL / / PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) Not applicable. - ----------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York - ----------------------------------------------------------- NUMBER OF SHARES (7) SOLE VOTING POWER BENEFICIALLY OWNED BY EACH 110,000 REPORTING PERSON -------------------------------------- WITH (8) SHARED VOTING POWER --- -------------------------------------- (9) SOLE DISPOSITIVE POWER 110,000 -------------------------------------- (10) SHARED DISPOSITIVE POWER --- - ----------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 110,000 shares - ----------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN / / ROW (11) EXCLUDES CERTAIN SHARES* - ----------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.3% - ----------------------------------------------------------- (14) TYPE OF REPORTING PERSON* CO - ----------------------------------------------------------- AMENDMENT NO. 1 TO SCHEDULE 13D Schedule 13D is hereby amended as follows: ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION is hereby amended by adding to such Item the following: "The aggregate purchase price of the 80,000 shares of the Common Stock of the Company purchased by Jerome Belson during the 60 days prior to January 8, 1999 was $535,222.00, including brokerage commissions. Mr. Belson used his personal funds to purchase such shares of Common Stock. In addition, the Company, in consideration of the guarantee by Jerome Belson of a $3 million Line of Credit Agreement between the Company and Chase Manhattan Bank, issued to Mr. Belson warrants to purchase up to 150,000 shares of the Common Stock of the Company exercisable until August 4, 2001 at an exercise price of $6.375 per share. The aggregate purchase price of the 10,000 shares of the Common Stock of the Company purchased by the Foundation during the 60 days prior to January 8, 1999 was $89,742.75, including brokerage commissions, which funds were from the Foundation's capital." ITEM 5. INTEREST IN SECURITIES OF THE ISSUER is hereby amended by adding to such Item the following: "(a) As of the close of business on January 8, 1999, Jerome Belson, Maxine Belson, Matthew Belson and The Jerome Belson Foundation beneficially owned 511,000, 30,000, 50,000, and 110,000 shares, respectively, of the Company for an aggregate of 701,000 shares representing approximately 7.8% of the aggregate of (i) the outstanding Common Stock of the Company (based on information from the Company's Quarterly Report on Form 10-QSB for quarterly period ended September 30, 1998 which indicates 8,788,530 shares of Common Stock outstanding), and (ii) 150,000 shares, which shares are issuable upon the exercise of Mr. Belson's warrants." "(b) Under the definition of beneficial ownership in Rule 13d-3 under the Securities Exchange Act of 1934 (the "Act"), Jerome Belson may also be deemed to be a beneficial owner of the 110,000 shares of the Company owned by The Jerome Belson Foundation because Mr. Belson, in his capacity as president of the Foundation, might be deemed to have the power to dispose of and vote the shares of the Company owned by the Foundation. However, neither the filing of this statement nor any of its contents shall be deemed to construe an admission that Mr. Belson is the owner of the shares of the Company beneficially owned by the Foundation for purposes of Section 13(d) of the Act or for any other purpose." "(c) During the 60 days preceding January 8, 1999, Jerome Belson purchased shares of the Common Stock of the Company as described below. All transactions were open market purchases made on the American Stock Exchange except for 50,000 shares of Common Stock which were purchased by Mr. Belson on November 17, 1998 from the Company in a private placement at a price of $6 per share. DATE SHARES PURCHASED PRICE PER SHARE 11/9/98 5,000 $8-1/4 11/9/98 1,000 $7-7/8 11/9/98 2,000 $8-1/8 11/9/98 2,000 $8 11/11/98 2,000 $7-13/16 11/11/98 1,000 $7-7/8 1/8/99 1,000 $9-1/8 During the 60 days preceding January 8, 1999, The Jerome Belson Foundation purchased shares of the Common Stock of the Company as described below. All transactions were open market purchases made on the American Stock Exchange. DATE SHARES PURCHASED PRICE PER SHARE 11/19/98 2,000 $8-1/2 11/20/98 4,500 $9-1/16 11/20/98 3,500 $9-1/8" SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: January 22, 1999 /s/ Jerome Belson ----------------------------- Jerome Belson /s/ Maxine Belson ----------------------------- Maxine Belson /s/ Matthew Belson ----------------------------- Matthew Belson The Jerome Belson Foundation By: /s/ Jerome Belson ------------------------- Jerome Belson, President -----END PRIVACY-ENHANCED MESSAGE-----