-----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, OmGUPTGLSqbSyfla5AN0ReMB/n6QR0O9lvq1I0/szkGarNuuO+zpOn/jhs4Zdqf8 aHZ3bxACrtS94EnuXGSZCw== 0000922842-96-000003.txt : 19960812 0000922842-96-000003.hdr.sgml : 19960812 ACCESSION NUMBER: 0000922842-96-000003 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960809 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STRATASYS INC CENTRAL INDEX KEY: 0000915735 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 363658792 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45905 FILM NUMBER: 96606366 BUSINESS ADDRESS: STREET 1: 14950 MARTIN DRIVE CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 BUSINESS PHONE: 6129373000 MAIL ADDRESS: STREET 1: 14950 MARTIN DRIVE CITY: EDEN PRAI STATE: MN ZIP: 55344 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LOW NATHAN A CENTRAL INDEX KEY: 0001013313 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 135 EAST 57TH ST 11XTH FL STREET 2: C/O SUNRISE SECURITIES CITY: NEW YORK STATE: NY ZIP: 10022 MAIL ADDRESS: STREET 1: 135 E 57TH ST 11TH FL STREET 2: C/O SUNRISE SECURITIES CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 SCHEDULE 13D (AMENDMENT NO.1) Q:\SSDATA1\COGENER2\145990.1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1) STRATASYS, INC. (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 862685-10-4 (CUSIP Number) Kenneth R. Koch, Esq. Squadron, Ellenoff, Plesent & Sheinfeld, LLP 551 Fifth Avenue New York, New York 10176 (212) 661-6500 ------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 8, 1996 (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 this statement [ ]. Q:\SSDATA1\COGENER2\145990.1 SCHEDULE 13D CUSIP NO. 862685-10-4 - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON Nathan A. Low ###-##-#### - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS SC, PF, 00 (See Item 3) - ------------------------------------------------------------------------------ 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 - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER 249,500 (See Item 5) NUMBER OF -------------------------------------------------------- SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED None BY EACH REPORTING PERSON -------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER 249,500 (See Item 5) -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 249,500 (See Item 5) - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.6 % - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------ Q:\SSDATA1\COGENER2\145990.1 Item 1. Security and Issuer. This Amendment No. 1 to the Schedule 13D originally filed in May 1996 (the "Original Filing") relates to shares of Common Stock, par value $.01 per share (the "Shares"), of Stratasys, Inc., a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 14950 Martin Drive, Eden Prairie, Minnesota 55344. Unless otherwise indicated, all terms referred to herein shall have the same respective meanings as those set forth in the Original Filing. Item 3. Source and Amount of Funds or Other Consideration. The source of funds for the payment of the exercise price of the warrants referred to in Item 3 and the payment of the notes relating to the Purchased Warrants and Additional Warrants was personal funds. Item 5. Interests in Securities of the Issuer. (a) The Reporting Person beneficially owns 249,500 Shares, representing approximately 4.6% of the outstanding Shares of the Issuer.1 (b) The Reporting Person has sole voting power over 249,500 Shares (including Shares underlying warrants expiring November 3, 1998, to purchase 2,000 Shares at $21 per Share). The foregoing does not include warrants, expiring November 3, 2000, to purchase 25,000 Shares at $14 per Share as such warrants do not become exercisable until November 3, 1996. (c) Except for the transactions described in the Original Filing, the Reporting Person has not, in the past sixty days, engaged in any transaction involving Shares of the Issuer, except as follows: (a) The Reporting Person exercised warrants to purchase 40,000 Shares at $6.00 per Share on July 29, 1996 and warrants to purchase 80,000 Shares at $6.00 per Share on August 7, 1996, and (b) the Reporting Person sold (i) 10,000 Shares on each of July 23 and July 24, 1996 for $17.50 per Share, (ii) 15,000 Shares on July 24, 1996 for $16.50 per Share, (iii) 25,000 Shares at $18.00 per Share and 15,000 Shares at $17.50 per Share on July 29, 1996, (iv) 10,000 Shares at $17.875 per Share on August 5, 1996, and (v) 22,500 Shares on August 6, 1996 for $17.675 per Share. Each of such sales was made on the open market through a brokerage firm. (d) N/A. (e) The Reporting Person ceased to be the beneficial owner of more than five percent of the Common Stock on August 6, 1996. - --------------------------- 1 Based on 4,863,855 Shares of the Issuer reported to be outstanding as set forth in the Issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 1996, plus 400,000 Shares underlying warrants exercised on May 10, 1996 and 120,000 Shares underlying warrants exercised in July and August 1996. Item 7. Material to be Filed as Exhibits. 1) Warrant Exercise Agreement.* 2) Purchase Agreement.* 3) The Note.* 4) Pledge Agreement.* 5) Second Pledge Agreement.* 6) Escrow Agreement.* - ------------ * Previously filed Q:\SSDATA1\COGENER2\145990.1 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: August 8, 1996 /s/ Nathan A. Low --------------------- Nathan A. Low -----END PRIVACY-ENHANCED MESSAGE-----