-----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, CaItgNsZO4eZ5etU1YiUSSiQbM3qIKCdTWsJXcZy5JBMn4MbGFiHe/iS5rAxd0cw XYKArZDW02oxf7uYHvYTRA== 0000902561-98-000121.txt : 19980409 0000902561-98-000121.hdr.sgml : 19980409 ACCESSION NUMBER: 0000902561-98-000121 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980408 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ILLINOIS SUPERCONDUCTOR CORPORATION CENTRAL INDEX KEY: 0000888693 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 363688459 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-45362 FILM NUMBER: 98589489 BUSINESS ADDRESS: STREET 1: 451 KINGSTON CT CITY: MOUNT PROSPECT STATE: IL ZIP: 60056 BUSINESS PHONE: 8473919400 MAIL ADDRESS: STREET 1: 451 KINGSTON COURT CITY: MT PROSPECT STATE: IL ZIP: 60056 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SHIMAN STEWART A CENTRAL INDEX KEY: 0001011191 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3000 DUNDEE ROAD, SUITE 105 CITY: NORTHBROOK STATE: IL ZIP: 60035 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------------- SCHEDULE 13D UNDER THE SECURITIES ACT OF 1934 AMENDMENT NO. 1 ILLINOIS SUPERCONDUCTOR CORPORATION (NAME OF SUBJECT COMPANY) Common Stock, par value $.001 per share (Including the Associated Rights) (TITLE OF CLASS OF SECURITIES) 452284 10 2 (CUSIP NUMBER OF CLASS OF SECURITIES) Stewart A. Shiman 95 Revere Drive Suite A Northbrook, Illinois 60062 (847) 562-0700 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS March 12, 1998 (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.) CUSIP NO.: 452284 10 2 13D 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Stewart A. Shiman ###-##-#### _______________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (_) (b) (x) _______________________________________________________________________________ 3 SEC USE ONLY _______________________________________________________________________________ 4 SOURCE OF FUNDS _______________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) (_) _______________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. _______________________________________________________________________________ 7 SOLE VOTING POWER Less than 5% _______________________________________________________________________________ NUMBER OF 8 SHARED VOTING POWER SHARES Less than 5% BENEFICIALLY___________________________________________________________________ OWNED BY 9 SOLE DISPOSITIVE POWER EACH Less than 5% REPORTING______________________________________________________________________ PERSON 10 SHARED DISPOSITIVE POWER Less than 5% _______________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Less than 5% _______________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (_) _______________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 5% _______________________________________________________________________________ 14 TYPE OF REPORTING PERSON IN Page 2 of 4 Pages This Amendment No. 1 to Schedule 13D amends the original Schedule 13D filed by the reporting person on March 25, 1996 (as so amended, the "Original 13D"). Capitalized terms used but not otherwise defined herein shall have the meanings assigned to those terms in the Original 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER On March 12, 1998, the reporting person ceased to be the beneficial owner of more than 5% of the Common Stock. Page 3 of 4 Pages 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: April 6, 1998 /s/ Stewart A. Shiman ------------------------ Stewart A. Shiman Page 4 of 4 Pages -----END PRIVACY-ENHANCED MESSAGE-----