-----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, H2Z1583DSXUJWj9JCqpHerf1TTB8Fy/Vn4C7sYSAGCu6IQYmMlaK5L07ycSZqHiy UlinXzoccGpfm89HdGfcMw== 0000057201-00-000024.txt : 20000516 0000057201-00-000024.hdr.sgml : 20000516 ACCESSION NUMBER: 0000057201-00-000024 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000331 FILED AS OF DATE: 20000515 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COYOTE NETWORK SYSTEMS INC CENTRAL INDEX KEY: 0000057201 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 362448698 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 5 SEC ACT: SEC FILE NUMBER: 001-05486 FILM NUMBER: 631988 BUSINESS ADDRESS: STREET 1: 4360 PARK TERRACE DRIVE CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 BUSINESS PHONE: 8187357600 MAIL ADDRESS: STREET 1: 4360 PARK TERRACE DRIVE CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 FORMER COMPANY: FORMER CONFORMED NAME: DIANA CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FH INDUSTRIES CORP DATE OF NAME CHANGE: 19850814 FORMER COMPANY: FORMER CONFORMED NAME: SCOT LAD FOODS INC DATE OF NAME CHANGE: 19841202 COMPANY DATA: COMPANY CONFORMED NAME: LATHAM DANIEL W CENTRAL INDEX KEY: 0001028923 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-GROCERIES & RELATED PRODUCTS [5140] OFFICER STATE OF INCORPORATION: DE FISCAL YEAR END: 0403 FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: C/O SATTEL COMMUNICATIONS LLC STREET 2: 26025 MUREAU RD CITY: CALABASAS STATE: CA ZIP: 53223-1706 BUSINESS PHONE: 4143550037 5 1 - ---------- ------------------------------ FORM 5 OMB APPROVAL - ---------- ------------------------------ OMB Number 3235-0362 Expires: April 30, 1997 Estimated average burden hours per response ....... 1.0 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [ ] Check this box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). [ ] Form 3 Holdings Reported [ ] Form 4 Transactions Reported ================================================================================ 1. Name and Address of Reporting Person Latham, Daniel W. - -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o Coyote Network Systems, Inc. 4360 Park Terrace Drive - -------------------------------------------------------------------------------- (Street) Westlake Village, CA 91361 - -------------------------------------------------------------------------------- (City) (State) (Zip) ================================================================================ 2. Issuer Name and Ticker or Trading Symbol Coyote Network Systems Inc. (CYOE) ================================================================================ 3. IRS or Social Security Number of Reporting Person (Voluntary) ================================================================================ 4. Statement for Month/Year March 2000 ================================================================================ 5. If Amendment, Date of Original (Month/Year) ================================================================================ 6. Relationship of Reporting Person to Issuer (Check all applicable) [ X ] Director [ ] 10% Owner [ X ] Officer (give title below) [ ] Other (specify below) President and Chief Operating Officer --------------------------------------- ================================================================================ 7. Individual or Joint/Group Reporting (Check all applicable) [ X ] Form Filed by One Reporting Person [ ] Form Filed by More than One Reporting Person
==================================================================================================================================== Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ==================================================================================================================================== 5. 6. 4. Amount of Owner- Security Acquired (A) or Securities ship Disposed of (D) Beneficially Form: 7. (Instr. 3, 4 and 5) Owned at End Direct Nature of 2. 3. ----------------------------- of Issuer's (D) or Indirect 1. Transaction Transaction (A) Fiscal Year Indirect Beneficial Title of Security Date Code Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) (Instr. 8) (D) & 4) (Instr.4) (Instr. 4) - ------------------------------------- ------------- ------------ -------------- ----- -------- -------------- --------- ---------- - ------------------------------------- ------------- ------------ -------------- ----- -------- -------------- --------- ---------- - ------------------------------------- ------------- ------------ -------------- ----- -------- -------------- --------- ---------- ====================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly Page 1 of 2 FORM 5 (continued)
==================================================================================================================================== Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ==================================================================================================================================== 9. 10. Number Owner- of ship 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- Securities Date Securities Price Bene- ity: In- cise 3. Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- 4. or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Trans- of (D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date action (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ Code 4 and 5) Date Expira- Number ity Year (I) ship Security Secur- Day/ (Instr. ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) 8) (A) (D) cisable Date Title Shares 5) 4) 4) 4) - ------------------- -------- -------- -------- ----- ---- -------- ------- --------- ------- -------- --------- -------- ------- Employee Stock 04/01/99 01/14/00 Common Option (1) $5.00 (1) A 94,500 (1) 01/14/10 Stock 94,500 94,500 D - ------------------- -------- -------- -------- ------- ---- -------- ------- --------- ------- -------- --------- -------- ------- Employee Stock 01/14/00 01/14/00 Common Option (1) $5.00 (1) A 283,500 (1) 01/14/10 Stock 283,500 283,500 D - ------------------- -------- -------- -------- ------- ---- -------- ------- --------- ------- -------- --------- -------- ------- - ------------------- -------- -------- -------- ------- ---- -------- ------- --------- ------- -------- --------- -------- ------- ====================================================================================================================================
Explanation of Responses: 1. By action of the Company's Board of Directors, the terms of the reporting person's employment agreement were modified to provide for immediate award of the reporting person's entitlement to 283,500 options as currently exercisable at $5.00 per share and 94,500 options which were awarded on April 1, 1999 at an exercise price of $7.62 per share were repriced at an exercise price of $5.00 per share and became immediately exercisable. Issuance of such shares is subject to shareholder approval of the Company's amendment of its Certificate of Incorporation to allow for the increase in the Company's authorized shares and subject to shareholder approval of the Company's Equity Plan. /s/ Daniel W. Latham 5/15/00 - --------------------------------------------- ----------------------- **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2 of 2 -----END PRIVACY-ENHANCED MESSAGE-----