| CUSIP No. 04622E208 | SCHEDULE 13G | Page 2 of 5 Pages |
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1
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NAMES OF REPORTING PERSONS
Rick Etskovitz
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) o
(b) o
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5
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SOLE VOTING POWER*
315,284
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6
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SHARED VOTING POWER
0
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7
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SOLE DISPOSITIVE POWER
315,284
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8
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SHARED DISPOSITIVE POWER
0
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
315,284
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
o
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9**
8.6%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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*
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All share numbers reported herein are as of April 15, 2013 and include 217,534 shares of Astea International Inc. common stock, $0.01 par value per share (the “Common Stock”) held by trusts of which Mr. Etskovitz is the trustee with investment and voting power over the shares, 4,000 shares of Common Stock and options to purchase 93,750 shares, all of which are exercisable.
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**
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All ownership percentages reported herein are based on 3,587,299 outstanding shares of the Issuer’s common stock as of April 15, 2013, based on the Issuer’s additional solicitation materials filed with the Securities and Exchange Commission (“SEC”) on June 7, 2013. Beneficial ownership is determined in accordance with the rules of the SEC and includes voting and investment power with respect to shares. Presently exercisable stock options are deemed outstanding for computing the percentage of ownership held by Mr. Etskovitz.
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| CUSIP No. 04622E208 | SCHEDULE 13G | Page 3 of 5 Pages |
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Item 1(a)
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Name of Issuer:
Astea International Inc.
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Item 1(b)
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Address of Issuer’s Principal Executive Offices:
240 Gibraltar Road
Horsham, Pennsylvania 19044
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Item 2(a)
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Name of Person Filing:
Rick Etskovitz
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Item 2(b)
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Address of Principal Business Office or, if none, Residence:
240 Gibraltar Road
Horsham, Pennsylvania 19044
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Item 2(c)
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Citizenship:
United States
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Item 2(d)
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Title of Class of Securities:
Common Stock, $0.01 par value per share
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Item 2(e)
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CUSIP Number:
04622E208
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Item 3
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Not applicable.
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Item 4
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Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 315,284
(b) Percent of class: 8.6%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 315,284
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| CUSIP No. 04622E208 | SCHEDULE 13G | Page 4 of 5 Pages |
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(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 315,284
(iv) Shared power to dispose or to direct the disposition of: 0
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Item 5
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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 5 percent of the class of securities, check the following o.
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Item 6
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Ownership of More than Five Percent on Behalf of Another Person.
Mr. Etskovitz is the trustee of trusts for the benefit of persons who are unrelated to Mr. Etskovitz and not members of Mr. Etskovitz’s household. In aggregate such trusts hold 217,534 shares of Common Stock (the “Trust Shares”). Mr. Etskovitz receives no economic benefit from the Trust Shares. As trustee, Mr. Etskovitz has investment and voting power over the Trust Shares and therefore is deemed to be a beneficial owner of the Trust Shares under rules and regulations of the SEC.
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Item 7
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not applicable.
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Item 8
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Identification and Classification of Members of the Group.
Not applicable.
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Item 9
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Notice of Dissolution of Group.
Not applicable.
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Item 10
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Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
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| CUSIP No. 04622E208 | SCHEDULE 13G | Page 5 of 5 Pages |
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Date: June 12, 2013
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/s/ Rick Etskovitz
Name: Rick Etskovitz
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