SC 13G/A 1 pdigm13g2.htm 13G/A FOR PARADIGM MEDICAL INDUSTRIES UNITED STATES

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 1

Paradigm Medical Industries, Inc.
(Name of Issuer)

Common Stock, par value $.001 per share
(Title of Class of Securities)

69900Q108
(CUSIP Number)

December 31, 2001
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

(  ) Rule 13d-1(b)
(x) Rule 13d-1(c)
(  ) Rule 13d-1(d)

*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.

CUSIP No. 69900Q108

1)

NAME OF REPORTING PERSON

Mentor Corporation
Tax ID. 41-0950791

2)

CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP
(a)    [    ]
(b)    [    ]

 

3)

SEC USE ONLY

 

4)

CITIZENSHIP OR PLACE OF ORGANIZATION

Minnesota

 

NUMBER OF             5)  SOLE VOTING POWER
SHARES
BENEFICIALLY          6)  SHARED VOTING POWER OWNED BY
OWNED BY
EACH                        7)  SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH          8)  SHARED DISPOSITIVE POWER

761,651

-0-

761,651

-0-

9)

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


761,651

10)

CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES


[   ]

11)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

[5.1%]

12)

TYPE OF REPORTING PERSON

CO

(F1) Reporting person has given a one-year irrevocable proxy to issuer's Board of Directors.

Item 1(a).

Name of Issuer:
Paradigm Medical Industries, Inc,

Item 1(b).

Address of Issuer's Principal Executive Offices:
2355 South 1070 West, Suite A
Salt Lake City, Utah 84119

Item 2(a).

Name of Person Filing:
Mentor Corporation

Item 2(b).

Address of Principal Business Office:
201 Mentor Drive
Santa Barbara, CA 93111

Item 2(c).

Citizenship:
Mentor Corporation is a Minnesota corporation.

Item 2(d).

Title of Class of Securities:
Common Stock, par value $.001 per share

Item 2(e).

CUSIP Number:
69900Q108

Item 3.

If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filling is a:

(a)    [  ]

Broker or dealer registered under Section 15 of the Exchange Act.

(b)    [  ]

Bank as defined in Section 3(a)(6) of the Exchange Act.

(c)    [  ]

Insurance company as defined in Section 3(a)(19) of the Exchange Act.

(d)    [  ]

Investment company registered under Section 8 of the Investment Company Act.

(e)    [  ]

An investment advisor in accordance with Rule 13d-1(b)(1)(ii)(E);

(f)     [  ]

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

(g)    [  ]

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)    [  ]

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

(i)     [  ]

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;

(j)     [  ]

Group, in accordance with Rule 13d-1((b)1)(ii)(J).

If this statement is filed pursuant to section 240.13d-1(c), check this box [x].

Item 4.

Ownership.

 

(a)

Amount Beneficially Owned:

761,651

(b)

Percent of Class:

5.1%

(c)

Number of Shares to which such person has:

 
 

(i)   Sole power to vote or direct the vote:

761,651

 

(ii)   Shared power to vote or direct the vote:

-0-

 

(iii)  Sole power to dispose or to direct the deposition of:

761,561

 

(iv)  Shared power to dispose or to direct the disposition of:

-0-

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 of the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ].

 

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.

Item 9.

Notice of Dissolution of the Group.
Not Applicable.

Item 10.

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.

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 13, 2002

Mentor Corporation

By: /S/ADEL MICHAEL

Name: Adel Michael

Title: Executive Vice President, Chief Financial Officer