SEC Info - Gildea John W, et al. - ‘SC 13G/A’ on 5/23/00 re: Axsys Technologies Inc

SEC Info℠

Home

Help

Please Sign In

Gildea John W, et al. – ‘SC 13G/A’ on 5/23/00 re: Axsys Technologies Inc

On: Tuesday, 5/23/00, at 4:58pm ET · Accession #: 889812-0-2462 · File #: 5-06258

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 5/23/00  Gildea John W                     SC 13G/A               1:9K   Axsys Technologies Inc            Global Fin’l Press/NY/FA
          Gildea John W
          Network Fund III, Ltd.

Amendment to Statement of Beneficial Ownership — Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Schedule 13G Pursuant to Rule 13D-1(C)                 7     22K

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Certification Identification and Classification of Members of the Group Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company If this statement is filed pursuant to ss. 240.13d-1(b) or ss. 240.13d-2(b) or (c), check whether the person filing is a: Notice of Dissolution of Group Ownership (at February 7, 2000) Ownership of Five Percent or Less of a Class Ownership of More than Five Percent on Behalf of Another Person
1	1st Page - Filing Submission
4	Item 3. If this statement is filed pursuant to ss. 240.13d-1(b) or ss. 240.13d-2(b) or (c), check whether the person filing is a:
5	Item 4. Ownership (at February 7, 2000)
6	Item 5. Ownership of Five Percent or Less of a Class
"	Item 6. Ownership of More than Five Percent on Behalf of Another Person
"	Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
"	Item 8. Identification and Classification of Members of the Group
"	Item 9. Notice of Dissolution of Group
"	Item 10. Certification

SC 13G/A 1st Page of 7 TOC ↑Top Previous Next ↓Bottom Just 1st
 
 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934   
(Amendment No. 3)*

AXSYS Technologies, Inc.
------------------------
(Name of Issuer)

Common Stock, $.01 par value
----------------------------
(Title of Class of Securities)

 054615 10 9
 -----------
(CUSIP Number)

May 18, 2000
------------
(Date of Event Which Requires Filing of this Statement)   

Check the appropriate box to designate the rule pursuant to which this Schedule 
is filed:                                                                       

|_| Rule 13d-1(b)                                                               
|X| Rule 13d-1(c)                                                               
|_| Rule 13d-1(d)                                                               

*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 disclosure
provided in a prior cover page.                                                 

The information required in 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).                                                                         

 Page 1 of 7

SC 13G/A 2nd Page of 7 TOC 1st Previous Next ↓Bottom Just 2nd
SCHEDULE 13G

CUSIP No. 0546151009                                                            

1     Name of Reporting Person                                                  
S.S. or I.R.S. Identification No. of Above Person                   

John W. Gildea                                          

2     Check the Appropriate Box If a Member of a Group (See Instructions)       
a. |_|
b. |X|

3     SEC Use Only                                                              

4     Citizenship or Place of Organization                                      

United States                                           

5     Sole Voting Power                     
Number of               192,318                                             
Shares                                                                    
Beneficially      6     Shared Voting Power                                     
Owned By                    0                                               
Each                                                                    
Reporting       7     Sole Dispositive Power                                
Person                 192, 318                                           
With                                                                    
8     Shared Dispositive Power              

0                   

9     Aggregate Amount Beneficially Owned by Each Reporting Person              

192,318                                     

10    Check Box If the  Aggregate  Amount in Row (9) Excludes  Certain  Shares  
(See Instructions)                                                  

| |           

11    Percent of Class Represented By Amount in Row 9                           

4.83%                                       

12    Type of Reporting Person (See Instructions)                               

IN                                                      

 Page 2 of 7

SC 13G/A 3rd Page of 7 TOC 1st Previous Next ↓Bottom Just 3rd
SCHEDULE 13G

CUSIP No. 0546151009                                                            

1     Name of Reporting Person                                                  
S.S. or I.R.S. Identification No. of Above Person                   

Network Fund III, Ltd.                                  

2     Check the Appropriate Box If a Member of a Group (See Instructions)       
a.  |_|       
b.  |X|       

3     SEC Use Only                                                              

4     Citizenship or Place of Organization                                      

Cayman Islands                                          

5     Sole Voting Power                     
Number of                   157,318                                         
Shares                                                                    
Beneficially      6     Shared Voting Power                                     
Owned By                    0                                               
Each                                                                    
Reporting       7     Sole Dispositive Power                                
Person                     157,318                                        
With                                                                    

8     Shared Dispositive Power              
0                   

9     Aggregate Amount Beneficially Owned by Each Reporting Person              
157,318                                     

10    Check Box If the  Aggregate  Amount in Row (9) Excludes  Certain  Shares  
(See Instructions)                                                    
| |           

11    Percent of Class Represented By Amount in Row 9                           

3.95%                                       

12    Type of Reporting Person (See Instructions)                               

CO                                                      

 Page 3 of 7

SC 13G/A 4th Page of 7 TOC 1st Previous Next ↓Bottom Just 4th
Item 1.                                                                         

(a)   Name of Issuer                                                            

AXSYS Technologies, Inc.                                        

(b)   Address of Issuer's Principal Executive Offices                           

910 Sylvan Avenue                                               
Englewood Cliffs, New Jersey 07632                              

Item 2.                                                                         

(a) Name of Persons Filing                                                

John W. Gildea                                                  
Network Fund III, Ltd.                                          

(b) Address of Principal Business Office or, if none, Residence           

John W. Gildea                                                  
115 East Putnam Avenue                                          
Greenwich, Connecticut 06830                                    

Network Fund III, Ltd.                                          
P.O. Box 219                                                    
Butterfield House                                               
Grand Cayman, Cayman Islands  B.W.I.                            

(c) Citizenship                                                           

John W. Gildea - United States                                  
Network Fund III, Ltd. - Cayman Islands                         

(d) Title of Class of Securities                                          

Common Stock, par value $.01 per share                          

(e) CUSIP Number                                                          

054615 10 9                                                     

Item 3. If this statement is filed pursuant to ss. 240.13d-1(b) or ss.          
240.13d-2(b) or (c), check whether the person filing is a:      

(a) /_/ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b) /_/ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);          

(c) /_/ Insurance  company as defined in section 3(a)(19) of the Act            
(15 U.S.C. 78c);                                                

 Page 4 of 7

SC 13G/A 5th Page of 7 TOC 1st Previous Next ↓Bottom Just 5th
(d) /_/ Investment company registered under section 8 of the Investment Company 
Act of 1940 (15 U.S.C. 80a-8);                                  

(e) /_/ An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);     

(f) /_/ An employee  benefit plan or endowment fund in accordance with          
ss. 240.13d-1(b)(1)(ii)(F);                                     

(g) /_/ A parent holding company or control person in accordance with           
ss. 240.13d-1(b)(ii)(G);                                        

(h) /_/ A savings association as defined in Section 3(b) of the Federal Deposit 
Insurance Act (12 U.S.C. 1813);                                 

(i) /_/ A church plan that is excluded from the definition of an investment     
    company under section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3);                                              

(j) /_/ Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J).                   

  If this statement is filed pursuant to ss. 240.13d-1(c), check this box. |X|

Item 4.    Ownership (at February 7, 2000)                                      

(a) Amount Beneficially Owned (See note to Item 4(a)).                    

John W. Gildea - 192,318                                          
Network Fund III, Ltd. - 157,318                                  

Note to                                                                         
Item 4(a):   The 192,318 shares of Common Stock owned by John W. Gildea includes
            the 157,318 shares of Common Stock owned by Network Fund III, Ltd.

(b) Percent of Class                                                      

John W. Gildea - 4.83%                                            
Network Fund III, Ltd. - 3.95%                                    

(c) Number of shares as to which such person has:                         

i)    sole power to vote or to direct the vote                    

John W. Gildea - 192,318                              
Network Fund III, Ltd. - 157,318                      

ii)   shared power to vote or to direct the vote                  

John W. Gildea - 0                                    
Network Fund III, Ltd. - 0                            

 Page 5 of 7

SC 13G/A 6th Page of 7 TOC 1st Previous Next ↓Bottom Just 6th
iii)  sole power to dispose or to direct the disposition of       

John W. Gildea - 192,318                              
Network Fund III, Ltd. - 157,318                      

iv)   shared power to dispose or to direct the disposition of     

John W. Gildea - 0                                    
Network Fund III, Ltd. - 0                            

Item 5. Ownership of Five Percent or Less of a Class                            

            If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more  
than five percent of the class of securities check the following [ X ].         

Item 6. Ownership of More than Five Percent on Behalf of Another Person         

Not applicable.                                                 

Item 7. Identification  and  Classification  of the Subsidiary  Which Acquired  
the Security Being Reported on By the Parent Holding Company    

Not applicable.                                                 

Item 8. Identification and Classification of Members of the Group               

Not applicable.                                                 

Item 9. Notice of Dissolution of Group                                          

Not applicable.                                                 

Item 10. Certification                                                          

        By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the     
purpose of or with the effect of changing or influencing the control of the     
issuer of the securities and were not acquired and are not held in connection   
with or as a participant in any transaction having that purpose or effect.      

 Page 6 of 7

SC 13G/A Last Page of 7 TOC 1st Previous Next ↓Bottom Just 7th
 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.                                                                        

                May 23, 2000
                ------------
                  Date

                                /s/ John W. Gildea
                                  ------------------------------
                                  John W. Gildea

                          NETWORK FUND III, LTD.

                                   By:   GILDEA MANAGEMENT COMPANY
                                  Investment Advisor

                            By:   /s/ John W. Gildea
                                   -------------------------
                        Name: John W. Gildea
                    Title: President

 Page 7 of 7

SC 13G/A	1st Page of 7	TOC	↑Top	Previous	Next	↓Bottom	Just 1st

SC 13G/A	2nd Page of 7	TOC	1st	Previous	Next	↓Bottom	Just 2nd

SC 13G/A	3rd Page of 7	TOC	1st	Previous	Next	↓Bottom	Just 3rd

SC 13G/A	4th Page of 7	TOC	1st	Previous	Next	↓Bottom	Just 4th

SC 13G/A	5th Page of 7	TOC	1st	Previous	Next	↓Bottom	Just 5th

SC 13G/A	6th Page of 7	TOC	1st	Previous	Next	↓Bottom	Just 6th

SC 13G/A	Last Page of 7	TOC	1st	Previous	Next	↓Bottom	Just 7th

Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13G/A’ Filing	Date	First	Last	Other Filings

Filed on:	5/23/00	7		SC 13G
	5/18/00	1
	2/7/00	5
				List all Filings

↑Top

Filing Submission 0000889812-00-002462 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Gildea John W, et al. – ‘SC 13G/A’ on 5/23/00 re: Axsys Technologies Inc

On: Tuesday, 5/23/00, at 4:58pm ET · Accession #: 889812-0-2462 · File #: 5-06258

Previous ‘SC 13G’: ‘SC 13G’ on 5/23/00 · Latest ‘SC 13G’: This Filing

Amendment to Statement of Beneficial Ownership — Schedule 13GFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Amendment to Statement of Beneficial Ownership — Schedule 13G
Filing Table of Contents