0000950134-01-507728.txt : 20011101
0000950134-01-507728.hdr.sgml : 20011101
ACCESSION NUMBER: 0000950134-01-507728
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20011030
SUBJECT COMPANY:
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: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-40068
FILM NUMBER: 1769388
BUSINESS ADDRESS:
STREET 1: 1320 ORLEANS DR
CITY: SUNNYVALE
STATE: CA
ZIP: 94086
BUSINESS PHONE: 4085425400
MAIL ADDRESS:
STREET 1: 1320 ORLEANS DRIVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: CHICAGO INVESTMENTS INC
CENTRAL INDEX KEY: 0001142124
STANDARD INDUSTRIAL CLASSIFICATION: []
IRS NUMBER: 830326134
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 333 WACKER DRIVE
STREET 2: SUITE 2700
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 3129843120
MAIL ADDRESS:
STREET 1: 333 WACKER DRIVE
STREET 2: SUITE 2700
CITY: CHICAGO
STATE: IL
ZIP: 60606
SC 13D/A
1
c65653asc13da.txt
AMENDMENT TO SCHEDULE 13D
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934 (Amendment No. 12*)
Logic Devices Incorporated
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
541402 10 3
--------------------------------------------------------------------------------
(CUSIP Number)
Joshua S. Kanter, Chicago Investments, Inc., 333 West Wacker Drive, Suite 2700
Chicago, Illinois 60606 (312) 984-3120
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
October 16, 2001
--------------------------------------------------------------------------------
(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 Sections 240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box [ ].
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. Section 240.13d-7(b)
for other parties to whom copies are to be sent.
*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 disclosures provided in a prior cover page.
The information required on 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 ("Act") 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. 541402 10 3 13D
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Chicago Investments, Inc. (83-0326134)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF 7 SOLE VOTING POWER
SHARES 629,319
BENEFICIALLY
OWNED BY 8 SHARED VOTING POWER
EACH -0-
REPORTING
PERSON 9 SOLE DISPOSITIVE POWER
WITH 629,319
10 SHARED DISPOSITIVE POWER
-0-
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
629,319 shares
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.20%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
2
ITEM 1. SECURITY AND ISSUER.
This Schedule relates to the shares of common stock, no par value per
share (the "Common Stock"), of Logic Devices Incorporated, a California
corporation (the "Issuer"). The principal executive offices of the Issuer are
located at 1320 Orleans Drive, Sunnyvale, California 94089.
ITEM 2. IDENTITY AND BACKGROUND.
This Schedule is being filed by Chicago Investments, Inc., a Delaware
corporation ("CII" or the "Reporting Person"). The principal place of business
and principal office of CII is 934 North Main Street, Sheridan, Wyoming 82801.
CII's principal business is investing in public securities.
The names and business addresses of the officers and directors of CII are
listed on Exhibit A attached hereto. All of said individuals are United States
citizens.
Neither the Reporting Person nor any of the parties listed on Exhibit A
has, during the last five years, been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors), or been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or fining any violation
with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
N/A
ITEM 4. PURPOSE OF TRANSACTION.
On October 16, 2001, the Reporting Person sold 8,000 shares on the open
market for $13,040.00 ($1.63 per share). On October 17, 2001, the Reporting
Person sold 5,500 shares on the open market for $9,075.00 ($1.65 per share). On
October 22, 2001, the Reporting Person sold 4,500 shares on the open market for
$7,200.00 ($1.60 per share). On October 29, 2001, the Reporting Person sold
33,000 shares on the open market for $51,150.00 ($1.55 per share).
The Reporting Person has no present plan or proposal which relates to or
would result in:
(a) The acquisition by any person of additional securities of the Issuer,
or the disposition of securities of the Issuer;
(b) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its subsidiaries;
(c) A sale or transfer of a material amount of assets of the Issuer or any
of its subsidiaries;
(d) Any change in the present Board of Directors or management of the
Issuer, including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the Board;
(e) Any material change in the present capitalization or dividend policy
of the Issuer;
(f) Any other material change in the Issuer's business or corporate
structure;
(g) Changes in the Issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control of the
Issuer by any person;
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(h) Causing a class of securities of the Issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities association;
(i) A class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934; or
(j) Any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) AMOUNT BENEFICIALLY OWNED - 629,319 shares
PERCENT OF CLASS - 9.20%
(b) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE - 629,319 shares
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE - 0 -
(iii) SOLE POWER TO DISPOSE OR to DIRECT THE
DISPOSITION OF - 629,319 shares
(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF - - 0 -
(c) DESCRIPTION OF TRANSACTIONS
There have been no transactions in the Common Stock by the Reporting
Person since the filing of the Amendment No. 11 to Schedule 13D, as filed on
July 12, 2001, other than the transactions described in Item 4.
(d) OTHER PERSONS
None.
(e) DATE OF CESSATION
Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
There are no contracts, arrangements, understandings or relationships
between the Reporting Person and any other person with respect to any securities
of the Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit A - Officers and Directors of Chicago Investments, Inc.
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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.
October 30, 2001
-----------------------------------------
Date
CHICAGO INVESTMENTS, INC.
By: /s/ Joshua S. Kanter
-------------------------------------
Its: Vice-President
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EXHIBIT A
OFFICERS AND DIRECTORS OF CHICAGO INVESTMENTS, INC.
I. Directors
Name Business Address
---- ----------------
Linda Gallenberger N8939 Waterpower Road
Deerbrook, Wisconsin 54424
Joshua S. Kanter 333 West Wacker Drive
Suite 2700
Chicago, Illinois 60606
II. Officers
Name Position Business Address
---- -------- ----------------
Linda Gallenberger President, Treasurer, N8939 Waterpower Road
Secretary Deerbrook, Wisconsin 54424
Joshua S. Kanter Vice President, 333 West Wacker Drive
Assistant Secretary Suite 2700
Chicago, Illinois 60606
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