Schedule 13G
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Elecsys Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
28473100
(CUSIP Number)
December 31, 2004
(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 (the "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).
Page 1 0f 8
----------------------------------------------------------------------------------------
CUSIP No. 28473100
----------------------------------------------------------------------------------------
-------------------- -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Karl B. Gemperli
-------------------- -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
(See Instructions)
-------------------- -------------------------------------------------------------------
3 SEC USE ONLY
-------------------- -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States Citizen
-------------------- ------------- -----------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 452,345
BY EACH REPORTING
PERSON
WITH: ------------- -----------------------------------------------------
6 SHARED VOTING POWER
10,000
------------- -----------------------------------------------------
7 SOLE DISPOSITIVE POWER
452,345
------------- -----------------------------------------------------
8 SHARED DISPOSITIVE POWER
10,000
-------------------- -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
462,345
-------------------- -------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
(See Instructions)
Not Applicable
-------------------- -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.0%
-------------------- -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
-------------------- -------------------------------------------------------------------
Page 2
-------------------- -------------------------------------------------------------------
Item 1(a). Name of Issuer:
Elecsys Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
15301 West 109th Street Lenexa, Kansas 66219
Item 2(a). Name of Persons Filing:
Karl B. Gemperli
Item 2(b). Address of Principal Business Office or, if None, Residence:
15301 West 109th Street Lenexa, Kansas 66219
Item 2(c). Citizenship:
United States Citizen
Item 2(d). Title of Class of Securities:
Common stock, par value $0.01 per share
Item 2(e). CUSIP Number:
28473100
Item 3. If This Statement is Filed Pursuant to Rules 13d-1(b) or 13d-2(b), Check
Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act (15 U
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15
U.S.C. 78c)
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (
(d) [ ] Investment company registered under Section 8 of the Inve
(15 U.S.C. 80a-8)
(e) [ ] An investment adviser in accordance with ss.
240.13d-1(b)(1)(ii)(E)
(f) [ ] An employee benefit plan or endowment fund in
accordance with ss. 240.13d-1(b)(1)(ii)(F)
(g) [ ] A parent holding company or control person in
accordance with ss.240.13d-1(b)(1)(ii)(G)
(h) [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813)
Page 3
(i) [ ] A church plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act (15 U.S.C. 80a-3)
(j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J)
Item 4. Ownership:
(a) Amount beneficially owned: 462,345 shares
(b) Percent of class: 14.0%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 452,345 shares
(ii) Shared power to vote or direct the vote: 10,000 shares
(iii) Sole power to dispose or to direct the disposition of:
452,345 shares
(iv) Shared power to dispose or to direct the disposition of:
10,000 shares
Item 5. Ownership of Five Percent or Less of a Class:
Not Applicable
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:
Not Applicable
Item 9. Notice of Dissolution of 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.
Page 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.
Dated: February 3, 2005
/s/ Karl B. Gemperli
--------------------------------
Karl B. Gemperli
Page 5