-----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, NJVpCqWvIcm3Wf/aBfb/OnFkbhQrykmiT/0CfedyDg6hiQPLJFf/0xjBzCgHjuPt FpJR3Osvid5V3NM1qmDGpg== 0000950005-98-000450.txt : 19980514 0000950005-98-000450.hdr.sgml : 19980514 ACCESSION NUMBER: 0000950005-98-000450 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980513 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BEI TECHNOLOGIES INC CENTRAL INDEX KEY: 0001041866 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 943274498 STATE OF INCORPORATION: DE FISCAL YEAR END: 0927 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-52411 FILM NUMBER: 98618465 BUSINESS ADDRESS: STREET 1: ONE POST ST STREET 2: STE 2500 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159564477 MAIL ADDRESS: STREET 1: ONE POST ST STREET 2: STE 2500 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CROCKER CHARLES CENTRAL INDEX KEY: 0001061568 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: ONE POST ST STREET 2: STE 2500 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159565233 MAIL ADDRESS: STREET 1: ONE POST ST STREET 2: STE 2500 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 SC 13D 1 SC 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No.)* BEI TECHNOLOGIES, INC. (Name of Issuer) COMMON STOCK, $0.001 PAR VALUE (Title of Class of Securities) 00005538P 10 4 (CUSIP Number) Charles Crocker and Affiliated Trusts One Post Street, Suite 2500 San Francisco, CA 94104 (415) 956-5250 (Name, Address and Telephone Number of Person Authorized\ to Receive Notices and Communications) September 27, 1997 (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 Rule 13d-1(b)(3) or (4), check the following box |_|. Check the following box if a fee is being paid with the statement |_|. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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).
CUSIP No. 0005538P 10 4 SCHEDULE 13D 2 of 11 - -------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Charles Crocker SS # ###-##-#### - -------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00: Distribution by parent company to stockholders - -------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2 (e) |_| - -------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------------------------------------------------- Number of 7 SOLE VOTING POWER shares beneficially 1,557,904 owned by each ------------------------------------------------------------------------------------------------- reporting person with 8 SHARED VOTING POWER 0 ------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,557,904 ------------------------------------------------------------------------------------------------- 10 SHARE DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,157,904 * * This amount includes 54,936 shares held by Fund B for the benefit of Charles Crocker III, Charles Crocker Trustee - -------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| The amount indicated does not include 200,000 shares held by Charles Crocker, Trustee for Abigail E. Crocker, and 200,000 shares held by Charles Crocker, Trustee for Sarah C. Crocker. Charles Crocker disclaims beneficial ownership of such shares. - -------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 16.3 % - -------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN: 00 (Trust, see Item 11 above) - --------------------------------------------------------------------------------------------------------------------------
CUSIP No. 0005538P 10 4 SCHEDULE 13D 3 of 11 - -------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Fund B for benefit of Charles Crocker III, Charles Crocker Trustee SS # ###-##-#### ; IRS Identification No. for Trust 94-6083755 - -------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00: Distribution by parent company to stockholders - -------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2 (e) |_| - -------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. Trust established under California law - -------------------------------------------------------------------------------------------------------------------------- Number of 7 SOLE VOTING POWER shares beneficially 54,936 owned by each ------------------------------------------------------------------------------------------------- reporting person with 8 SHARED VOTING POWER 0 ------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 54,936 ------------------------------------------------------------------------------------------------- 10 SHARE DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 54,936 * - -------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| The amount indicated does not include 1,102,968 shares held by Charles Crocker, 200,000 shares held by Charles Crocker, Trustee for Abigail E. Crocker, and 200,000 shares held by Charles Crocker, Trustee for Sarah C. Crocker. Fund B for benefit of Charles Crocker III, Charles Crocker Trustee, disclaims beneficial ownership of such shares. - -------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.8 % - -------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN: 00 (Trust, see Item 1 above) - --------------------------------------------------------------------------------------------------------------------------
CUSIP No. 0005538P 10 4 SCHEDULE 13D 4 of 11 - -------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Charles Crocker, SS # ###-##-####, Trustee for Abigail E. Crocker Trust IRS Identification No. 94-6363847 - -------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00: Distribution by parent company to stockholders - -------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2 (e) |_| - -------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA, Trust established under California law - -------------------------------------------------------------------------------------------------------------------------- Number of 7 SOLE VOTING POWER shares beneficially 200,000 owned by each ------------------------------------------------------------------------------------------------- reporting person with 8 SHARED VOTING POWER 0 ------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 200,000 ------------------------------------------------------------------------------------------------- 10 SHARE DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 * - -------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| The amount indicated does not include 1,102,968 shares held by Charles Crocker, 54,936 shares held by Fund B for benefit of Charles Crocker III, Charles Crocker Trustee, and 200,000 shares held by Charles Crocker, Trustee for Sarah C. Crocker. Charles Crocker, Trustee for Abigail E. Crocker, disclaims beneficial ownership of such shares. - -------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.8 % - -------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN: 00 (Trust, see Item 1 above) - --------------------------------------------------------------------------------------------------------------------------
CUSIP No. 0005538P 10 4 SCHEDULE 13D 5 of 11 - -------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Charles Crocker, SS # ###-##-####, Trustee for Sarah C. Crocker Trust IRS Identification No. 94-6363848 - -------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00: Distribution by parent company to stockholders - -------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2 (e) |_| - -------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA, Trust established under California law - -------------------------------------------------------------------------------------------------------------------------- Number of 7 SOLE VOTING POWER shares beneficially 200,000 owned by each ------------------------------------------------------------------------------------------------- reporting person with 8 SHARED VOTING POWER 0 ------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 200,000 ------------------------------------------------------------------------------------------------- 10 SHARE DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 * - -------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| The amount indicated does not include 1,102,968 shares held by Charles Crocker, 54,936 shares held by Fund B for benefit of Charles Crocker III, Charles Crocker Trustee, and 200,000 shares held by Charles Crocker, Trustee for Abigail E. Crocker. Charles Crocker, Trustee for Sarah C. Crocker, disclaims beneficial ownership of such shares. - -------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.8 % - -------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN: 00 (Trust, see Item 1 above) - --------------------------------------------------------------------------------------------------------------------------
CUSIP No. 0005538P 10 4 SCHEDULE 13D 6 of 11 Item 1. Security and Issuer The title of the class of equity securities to which this statement relates is the Common Stock, par value $0.001 per share (the "Shares"), of BEI Technologies, Inc., a Delaware corporation (the "Company"). The address of the Company's principal executive office is One Post Street, Suite 2500, San Francisco, California 94104. Item 2. Identity and Background The person(s) filing this Statement are Charles Crocker; Fund B for benefit of Charles Crocker III, Charles Crocker, Trustee; Charles Crocker, Trustee for Abigail E. Crocker; and Charles Crocker, Trustee for Sarah C. Crocker. The business address is One Post Street, Suite 2500, San Francisco, California 94104. During the last five years, Charles Crocker has not been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors), nor has Mr. Crocker been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which Mr. Crocker was or is subject to a judgement, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration Each of the reporting persons in this statement acquired the shares reported as a result of the spin-off of BEI Technologies, Inc. from its parent, BEI Electronics, Inc. on September 27, 1997, which was effected by the distribution by BEI Electronics, Inc. to its stockholders of one share of common stock of BEI Technologies, Inc. for each share of common stock of BEI Electronics, Inc. held by such stockholder on the record date for the distribution. Item 4. Purpose of Transaction Each of the reporting persons named in this statement has acquired his or its respective shares strictly for the purpose of equity security investment and have no present plans or proposals which would relate to or result in: (a) The acquisition by any person of additional securities of the Company, or the disposition of securities of the Company; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Company or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Company or any of its subsidiaries. CUSIP No. 0005538P 10 4 SCHEDULE 13D 7 of 11 (d) Any change in the present board of directors or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) Any material change in the present capitalization or dividend policy of the Company; (f) Any other material change in the Company's business or corporate structure; (g) Changes in the Company's charger, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Company by any person; (h) Causing a class of securities of the Company to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the Company becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) Any action similar to any of those enumerated above. Item 5. Interest in Securities of the Issuer (a)(i) As of the date of this Statement, Charles Crocker is a beneficial owner of 1,102,968 shares (approximately 15.5% of the outstanding Shares as of November 24, 1997, based on information provided in the Company's 10-K filed December 9, 1997). (ii) As of the date of this Statement, Fund B for benefit of Charles Crocker III, Charles Crocker, Trustee is a beneficial owner of 54,936 shares (approximately 0.8% of the outstanding Shares as of November 24, 1997, based on information provided in the Company's 10-K filed December 9, 1997). (iii) As of the date of this Statement, Charles Crocker, Trustee for Abigail E. Crocker Trust (the "Abigail Trust") is the beneficial owner of 200,000 shares (approximately 2.8% of the outstanding Shares as of November 24, 1997, based on information provided in the Company's 10-K filed December 9, 1997). Mr. Crocker, as Trustee of the Abigail Trust expressly disclaims beneficial ownership of such shares owned by the Abigail Trust, and the filing of this statement shall not be construed as an admission that Mr. Crocker is the beneficial owner of such shares. (iv) As of the date of this Statement, Charles Crocker, Trustee for Sarah C. Crocker Trust (the "Sarah Trust") is the beneficial owner of 200,000 shares (approximately 2.8% of the outstanding Shares as of November 24, 1997, based on information provided in the Company's 10-K filed December 9, 1997). Mr. Crocker, as Trustee of the Sarah Trust expressly disclaims CUSIP No. 0005538P 10 4 SCHEDULE 13D 8 of 11 beneficial ownership of such shares which may be beneficially owned by the Sarah Trust, and the filing of this statement shall not be construed as an admission that Mr. Crocker is the beneficial owner of such Shares. (b)(i) Charles Crocker has sole voting power and sole investment power with respect to the Shares reported in (a)(i), (a)(ii), (a)(iii) and (a)(iv) above. (c) No transactions have been effected which are required to be disclosed. (d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported on this statement. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer To the best of the knowledge of the undersigned, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among any of the named reporting persons and between such persons and any other person with respect to any securities of the Company, including, but not limited to, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Item 7. Material to Be Filed as Exhibits The following document is filed herewith as an exhibit to this statement: (a) Joint Filing Agreement CUSIP No. 0005538P 10 4 SCHEDULE 13D 9 of 11 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. /S/ CHARLES CROCKER - --------------------------- Charles Crocker 5/11/98 - ---------------- Date Fund B for benefit of Charles Crocker, III Charles Crocker, Trustee by: /S/ CHARLES CROCKER --------------------------- Charles Crocker, Trustee 5/11/98 - ---------------- Date Abigail E. Crocker Trust /S/ CHARLES CROCKER - --------------------------- Charles Crocker, Trustee for Abigail E. Crocker 5/11/98 - ---------------- Date Sarah C. Crocker Trust /S/ CHARLES CROCKER - --------------------------- Charles Crocker, Trustee for Sarah C. Crocker 5/11/98 - ---------------- Date CUSIP No. 0005538P 10 4 SCHEDULE 13D 10 of 11 EXHIBIT INDEX Exhibit Page - ------- ---- 99.1 Joint Filing Agreement 11 EX-99.1 2 JOINT FILING AGREEMENT CUSIP No. 0005538P 10 4 SCHEDULE 13D 11 of 11 Exhibit 99.1 JOINT FILING AGREEMENT Pursuant to Rule 13d-1(f) (1) under the Securities Exchange act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13D (or any amendment thereof) need to be filed on their behalf with respect to the beneficial ownership of any equity securities of BEI Technologies, Inc. or any subsequent acquisitions or dispositions of equity securities of BEI Technologies, Inc. by any of the undersigned. /S/ CHARLES CROCKER - --------------------------- Charles Crocker 5/11/98 - ---------------- Date Fund B for benefit of Charles Crocker, III Charles Crocker, Trustee by: /S/ CHARLES CROCKER --------------------------- Charles Crocker, Trustee 5/11/98 - ---------------- Date Abigail E. Crocker Trust /S/ CHARLES CROCKER - --------------------------- Charles Crocker, Trustee for Abigail E. Crocker 5/11/98 - ---------------- Date Sarah C. Crocker Trust /S/ CHARLES CROCKER - --------------------------- Charles Crocker, Trustee for Sarah C. Crocker 5/11/98 - ---------------- Date -----END PRIVACY-ENHANCED MESSAGE-----