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OMB APPROVAL
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OMB Number: 3235-0145
Expires: October 31, 1997
Estimated average burden
hours per response .... 14.90
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. ______)*
EDnet, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
281345 10 8
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(CUSIP Number)
*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 the
disclosures 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 4 pages
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ------------------------------------------------------ ---------------------------------------
CUSIP No. 281345 10 8 13G Page 2 of 4 Pages
- ------------------------------------------------------ ---------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Tom Kobayashi
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 436,531
OWNED BY EACH
REPORTING
PERSON WITH
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6 SHARED VOTING POWER
-0-
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7 SOLE DISPOSITIVE POWER
436,531
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
436,531 (includes 11,483 shares issuable upon exercise of vested options within 60 days)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.0%
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12 TYPE OF REPORTING PERSON*
IN
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<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
Page 2 of 4 pages
<PAGE>
Item 1.
(a) Name of Issuer: EDnet, Inc.
(b) Address of Issuer's Principal Executive Offices:
One Union Street
San Francisco, CA 94111
Item 2.
(a) Name of Person Filing: Tom Kobayashi
(b) Address of Principal Business Office or, if None, Residence:
One Union Street
San Francisco, CA 94111
(c) Citizenship: United States
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 281345 10 8
Item 3. Not applicable
Item 4. Ownership
If the percent of the class owned, as of December 31 of the year covered
by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.
(a) Amount Beneficially Owned:
436,531 (includes 11,483 shares
issuable upon exercise of options
within 60 days)
(b) Percent of Class: 8.0%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 436,531
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of:
436,531
(iv) shared power to dispose or to direct the disposition of:
-0-
Instruction. For computations regarding securities which
represent a right to acquire an underlying security, see Rule 13d-3(d)(1).
Item 5. Ownership of Five Percent or Less of a Class
Not applicable
Item 6. Ownership of More than Five Percent on Behalf of Another
Person
Not applicable
Page 3 of 4 pages
<PAGE>
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
Not applicable
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.
February 6, 1997
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Date
/s/ Tom Kobayashi
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Signature
Tom Kobayashi
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Page 4 of 4 pages
