-----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, V8Rc7QV81Gfi+z521WisXIPNxvyWE01NmR3hUth1onouf7iDPuajQQJyKXpeGi5n JLN2Q/VfMwrwWTid2FTDaA== 0000802851-10-000028.txt : 20101004 0000802851-10-000028.hdr.sgml : 20101004 20101004165451 ACCESSION NUMBER: 0000802851-10-000028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101004 ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20101004 DATE AS OF CHANGE: 20101004 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOGIC DEVICES Inc CENTRAL INDEX KEY: 0000802851 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 942893789 STATE OF INCORPORATION: CA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17187 FILM NUMBER: 101106359 BUSINESS ADDRESS: STREET 1: 1375 GENEVA DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 BUSINESS PHONE: 4085425400 MAIL ADDRESS: STREET 1: 1375 GENEVA DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 FORMER COMPANY: FORMER CONFORMED NAME: LOGIC DEVICES INC DATE OF NAME CHANGE: 19920703 8-K 1 essale092910.htm FORM 8-K DATED 10/4/2010 UNITED STATES

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

 

October 4, 2010 (September 29, 2010)

Date of Report (Date of earliest event reported)

 

 

 

LOGIC Devices Incorporated

(Exact name of registrant as specified in its charter)

 

 

0-17187

Commission File Number

 

California

94-2893789

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification Number)

 

1375 Geneva Drive, Sunnyvale, California 94089

(Address of principal executive offices)

(Zip Code)

 

(408) 542-5400

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

[   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


Item 3.02  Unregistered Sales of Equity Securities

 

On September 29, 2010, the Company consummated a private placement of 357,143 shares of its Common Stock to William J. Volz, the Company’s president, at a price of $0.70 per share, for $250,000.10 of cash. Mr. Volz qualifies as an “accredited investor” per Rule 501(a) of Regulation D. There were no fees or commissions associated with this transaction. The private placement and issuance of Common Stock was an unregistered sale of securities conducted pursuant to Rule 504(b)(1) of Regulation D. Such securities were not registered under the Securities Act of 1933.

 


SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

LOGIC Devices Incorporated

(Registrant)

 

 

 

Date:    October 4, 2010     

By:   /s/ Kimiko Milheim       

Kimiko Milheim

Chief Financial Officer and Corporate Secretary

 

 

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