-----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, AnHFSjX6PZbd3WscZewRXBCJbEuoTG0xdoqBoTgzUPvfwU6+XGtwV8MGiJB++TnN x/jH6vfnsRJylbo2F105lg== 0001061738-98-000001.txt : 19980624 0001061738-98-000001.hdr.sgml : 19980624 ACCESSION NUMBER: 0001061738-98-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980602 FILED AS OF DATE: 19980623 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PRO DEX INC CENTRAL INDEX KEY: 0000788920 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047] IRS NUMBER: 841261240 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-14942 FILM NUMBER: 98652311 BUSINESS ADDRESS: STREET 1: 1401 WALNUT ST STE 500 CITY: BOULDER STATE: CO ZIP: 80302-5333 BUSINESS PHONE: 3034438165 MAIL ADDRESS: STREET 1: 1401 WALNUT STREET STREET 2: SUITE 540 CITY: BOULDER STATE: CO ZIP: 80302 COMPANY DATA: COMPANY CONFORMED NAME: SEARL KENT E CENTRAL INDEX KEY: 0001061738 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047] OFFICER STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 1401 WALNUT ST STE 500 CITY: BOULDER STATE: CO ZIP: 80302-5333 BUSINESS PHONE: 3034438165 MAIL ADDRESS: STREET 1: 1401 WALNUT STREET STREET 2: SUITE 540 CITY: BOULDER STATE: CO ZIP: 80302 4 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Kent E. Searl 1401 Walnut Street, Suite 540 Boulder, Colorado 80302 USA 2. Issuer Name and Ticker or Trading Symbol Pro-Dex, Inc./ PDEX 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year June/1998 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Chairman/CEO/Acting President 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person ________________________________________________________________________________ Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ________________________________________________________________________________ 1.Title of Security |2.Trans-|3.Trans-|4.Securities Acquired (A) |5.Amount of (Instruction 3) |action |action |or Disposed of (D) |Securities |Date |Code |(Instr. 3, 4, and 5) |Beneficially | |(Instr. | |Owned at |(Month/ | 8) | |End of Month | Day/ |________|___________________________|(Instr. | Year) |Code| V | Amount |(A)or(D)| Price | 3 & 4) _____________________|________|____|___|________|________|_________|____________ Common Stock |06/02/98| | P | 500 | (A) |$1,000.00| 405,500 _____________________|________|____|___|________|________|_________|____________ Common Stock | | | | | | | 250,000 _____________________|________|____|___|________|________|_________|____________ ____________________________________________________________ 6.Ownership Form: |7.Nature of Direct (D) or | Indirect Beneficial Indirect (I) | Ownership (Instr. 4) | (Instr. 4) ____________________|_______________________________________ D | ____________________|_______________________________________ I |By Professional Sales Associates, Inc. ____________________|_______________________________________ ________________________________________________________________________________ Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securites) ________________________________________________________________________________ 1.Title of Derivative|2.Con- |3.Trans-|4.Trans-|5.Number of|6.Date |7.Title Security (Instr. 3) |version |action |action |Derivative |Exer- |and |or Exer-|Date |Code |Securities |cisable |amount of |cise |(Month/ |(Instr. |Acquired(A)|and Ex- |Underlying |Price of| Day/ | 8) |or Disposed|piration|Securities |Deriva- | Year) | |of (D) |Date |(Instr. |tive | | |(Instr. 3, |(Month/ | 4) |Security| | | 4, and 5) | Day/ | | | |________|___________| Year) | | | |Code| V | (A) | (D) | | _____________________|________|________|____|___|_____|_____|________|__________ Option to Acquire | 2.13 |11/21/95| A | | | |11/21/95| Common/ Common Stock* | | | | | | |11/21/05| 100,000 _____________________|________|________|____|___|_____|_____|________|__________ Option to Acquire | 2.50 |04/07/95| A | | | |04/07/95| Common/ Common Stock* | | | | | | |04/07/05| 50,000 _____________________|________|________|____|___|_____|_____|________|__________ Option to Acquire | 2.435 |05/25/94| A | | | |5/25/94-| Common/ Common Stock* | | | | | | |5/25/04 | 2,151 _____________________|________|________|____|___|_____|_____|________|__________ Option to Acquire | 1.75 |12/31/93| A | | | |12/31/93| Common/ Common Stock* | | | | | | |12/31/03| 50,000 _____________________|________|________|____|___|_____|_____|________|__________ Series A Convertible | | | | | | | | Preferred Stock** | | | | | | | ** | 58,229 _____________________|________|________|____|___|_____|_____|________|__________ Series A Convertible | | | | | | | | Preferred Stock** | | | | | | | ** | 19,900 _____________________|________|________|____|___|_____|_____|________|__________ __________________________________________________________ 8.Price of |9.Number of |10.Ownership Form |11.Nature of Derivative |Derivative |of Derivative |Indirect Security |Securities, |Security: |Beneficial (Instr. 5) |Beneficially |Direct (D) or |Ownership |Owned at End |Indirect (I) |(Instr. 4) |of Month |(Instr. 4) | |(Instr. 4) | | ___________|_____________|__________________|_____________ 2.13 | | D | ___________|_____________|__________________|_____________ 2.50 | | D | ___________|_____________|__________________|_____________ 2.435 | | D | ___________|_____________|__________________|_____________ 1.75 | 202,151 | D | ___________|_____________|__________________|_____________ | 58,229 | I | By PSA, Inc. ___________|_____________|__________________|_____________ | 19,900 | D | ___________|_____________|__________________|_____________ Explanation of Responses: * The options will expire, if not exercised, 90 days after the optionee ceases as a Director. ** Convertible share for share at any time at the option of the holder. SIGNATURE OR REPORTING PERSON /s/ Kent E. Searl DATE June 23, 1998 -----END PRIVACY-ENHANCED MESSAGE-----