Amendment #4 to Schedule 13G

-----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, DJ/3hKy7uSZhun4c4UwVj5gBVBafUgpMJjBc8ezLoAseO4yP8Ts+4FmesRg5Znun ZxC7w4942Dbwk2Lq4bCM7A== 0001193125-05-028624.txt : 20050214 0001193125-05-028624.hdr.sgml : 20050214 20050214130446 ACCESSION NUMBER: 0001193125-05-028624 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050214 DATE AS OF CHANGE: 20050214 GROUP MEMBERS: LINDA H. SMITH SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PECO II INC CENTRAL INDEX KEY: 0000845072 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700] IRS NUMBER: 341605456 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60429 FILM NUMBER: 05606282 BUSINESS ADDRESS: STREET 1: 1376 STATE ROUTE 598 CITY: GALION STATE: OH ZIP: 44833 BUSINESS PHONE: 4194687600 MAIL ADDRESS: STREET 1: 1376 STATE ROUTE 598 CITY: GALION STATE: OH ZIP: 44833 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SMITH MATTHEW P CENTRAL INDEX KEY: 0001133498 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PECO II INC STREET 2: 1376 STATE ROUTE 598 CITY: GALION STATE: OH ZIP: 44833 BUSINESS PHONE: 4194687600 MAIL ADDRESS: STREET 1: 800 SUPERIOR AVE STE 1400 CITY: CLEVELAND STATE: OH ZIP: 44114 SC 13G/A 1 dsc13ga.htm AMENDMENT #4 TO SCHEDULE 13G Amendment #4 to Schedule 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

PECO II, Inc.

(Name of Issuer)

Common Shares, without par value

(Title of Class of Securities)

705221 10 9

(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)

¨ Rule 13d-1(c)

x 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 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. 705221 10 9


1		NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Matthew P. Smith
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) ¨ Not Applicable
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION United States

NUMBER OF

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

5 SOLE VOTING POWER

183,407

6 SHARED VOTING POWER

3,007,950

7 SOLE DISPOSITIVE POWER

183,407

8 SHARED DISPOSITIVE POWER

3,007,950


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,191,357
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) Not Applicable	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.7%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN

Page 2 of 7 pages


CUSIP No. 705221 10 9


1		NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Linda H. Smith
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) ¨ Not Applicable
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION United States

NUMBER OF

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

5 SOLE VOTING POWER

7,500

6 SHARED VOTING POWER

3,007,950

7 SOLE DISPOSITIVE POWER

7,500

8 SHARED DISPOSITIVE POWER

3,007,950


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,015,450
10	CHECK BOX 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 3 of 7 pages


CUSIP No. 705221 10 9

Item 1

(a).

Name of Issuer:

PECO II, Inc.

Item 1

(b).

Address of Issuer’s Principal Executive Offices:

1376 State Route 598, Galion, Ohio 44833

Item 2

(a).

Name of Person Filing:

Matthew P. Smith and Linda H. Smith. A Joint Filing Agreement is attached hereto as Exhibit A.

Item 2

(b).

Address of Principal Business Office or, if None, Residence:

1376 State Route 598, Galion, Ohio 44833

Item 2

(c).

Citizenship:

United States

Item 2

(d).

Title of Class of Securities:

Common Shares, without par value

Item 2

(e).

CUSIP Number:

705221 10 9

Item 3:

If This Statement is Filed Pursuant to Rules 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing 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 adviser 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)(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).

Page 4 of 7 pages


CUSIP No. 705221 10 9


Item 4.	Ownership.

	(a)	Amount beneficially owned:

		Matthew P. Smith: An aggregate of 3,191,357 Common Shares are beneficially owned. Of the aggregate amount, 76,907 Common Shares are issuable to Mr. Smith immediately or within 60 days after December 31, 2004 upon the exercise of options granted under the Issuer’s 2000 Performance Plan; 106,500 Common Shares are held by Mr. and Mrs. Smith’s three children (35,500 Common Shares each), with Mr. Smith serving as custodian; 1,507,950 Common Shares are held by Mr. Smith and his spouse, Linda H. Smith, as joint tenants; 1,000,000 Common Shares are held by Ashwood I, LLC, with Mr. Smith serving as co-manager with Mrs. Smith of the limited liability company; and 500,000 Common Shares are held by Ashwood II, LLC, with Mr. Smith serving as co-manager with Mrs. Smith of the limited liability company. Mr. Smith has voting and dispositive power of the securities held by the children and the limited liability companies.

		Linda H. Smith: An aggregate of 3,015,450 Common Shares are beneficially owned. Of the aggregate amount, 7,500 Common Shares are held by Mr. and Mrs. Smith’s three children (2,500 Common Shares each), with Mrs. Smith serving as custodian; 1,507,950 Common Shares are held by Mrs. Smith and her spouse, Matthew P. Smith, as joint tenants; 1,000,000 Common Shares are held by Ashwood I, LLC, with Mrs. Smith serving as co-manager with Mr. Smith of the limited liability company; and 500,000 Common Shares are held by Ashwood II, LLC, with Mrs. Smith serving as co-manager with Mr. Smith of the limited liability company. Mrs. Smith has voting and dispositive power of the securities held by the children and the limited liability companies.

(b)

Percentage of class:

Matthew P. Smith

14.7%

Linda H. Smith

14.0%

(c)

Number of shares as to which such person has:

(i)

Sole power to vote or direct the vote:

Matthew P. Smith

183,407

Linda H. Smith

7,500

(ii)

Shared power to vote or direct the vote:

Matthew P. Smith

3,007,950

Linda H. Smith

3,007,950

(iii)

Sole power to dispose or direct the disposition of:

Matthew P. Smith

183,407

Linda H. Smith

7,500

(iv)

Shared power to dispose or direct the disposition of:

Matthew P. Smith

3,007,950

Linda H. Smith

3,007,950

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.

In their capacities as custodians for their children and as co-managers of Ashwood I, LLC and Ashwood II, LLC, each of Matthew P. Smith and Linda H. Smith has the power to direct the receipt of dividends from, and the proceeds from the sale of, the securities held by the children and the limited liability companies.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

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.

Certifications.

Not Applicable

Page 5 of 7 pages


CUSIP No. 705221 10 9

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 14, 2005

/s/ Matthew P. Smith

Matthew P. Smith

/s/ Linda H. Smith

Linda H. Smith

Page 6 of 7 pages


CUSIP No. 705221 10 9

Exhibit A

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) (the “Statement”) with respect to the Common Shares, without par value, of PECO II, Inc. beneficially owned by the undersigned, and further agree to the filing of this Agreement as an exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to the Statement.

Dated: February 14, 2005

/s/ Matthew P. Smith

Matthew P. Smith

/s/ Linda H. Smith

Linda H. Smith

Page 7 of 7 pages

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