SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
ESC Medical Systems Ltd.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
M40868107
(CUSIP Number)
Barnard J. Gottstein
Carr-Gottstein Properties
550 West 77th Avenue, Suite 1540
Anchorage, Alaska 99501
(907) 278-2277
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
with a copy to:
Michael A. Woronoff, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
300 South Grand Avenue, Suite 3400
Los Angeles, California 90071-3144
(213) 687-5000
September 29, 1998
(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 that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check
the following box:
/ /
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CUSIP No. M40868107 13D
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(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Barnard J. Gottstein, as trustee of the Barnard J. Gottstein Revocable
Trust
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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) SOURCE OF FUNDS*
PF, OO
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(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) ___
/ X/
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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: (7) SOLE VOTING POWER
: 1,396,193 shares held by
: the Barnard J. Gottstein Revocable
: Trust, for which Barnard
: J. Gottstein serves as Trustee.
----------------------------------------
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER
OWNED BY EACH REPORTING : 0
PERSON WITH :----------------------------------------
: (9) SOLE DISPOSITIVE POWER
: 1,396,193 shares held by
: the Barnard J. Gottstein
: Revocable Trust, for which
: Barnard J. Gottstein serves
: as Trustee.
:---------------------------------------
:(10) SHARED DISPOSITIVE POWER
: 0
:
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,396,193 shares held by the Barnard J. Gottstein Revocable Trust, for
which Barnard J. Gottstein serves as Trustee.
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(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* / /
---
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.23%
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(14) TYPE OF REPORTING PERSON*
IN
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CUSIP No. M40868107 13D
----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Barnard J. Gottstein Revocable Trust
----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
___
(a)/ /
(b)/ /
---
----------------------------------------------------------------------------
(3) SEC USE ONLY
----------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
PF, OO
----------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) ___
/ /
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Washington
----------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 1,396,193 shares held by
: the Barnard J. Gottstein
: Revocable Trust, for which
: Barnard J. Gottstein serves
: as Trustee.
:-----------------------------------------
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER
OWNED BY EACH REPORTING : 0
PERSON WITH :-----------------------------------------
: (9) SOLE DISPOSITIVE POWER
: 1,396,193 shares held by
: the Barnard J. Gottstein
: Revocable Trust, for which
: Barnard J. Gottstein serves
: as Trustee.
:-----------------------------------------
:(10) SHARED DISPOSITIVE POWER
: 0
----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,396,193 shares held by the Barnard J. Gottstein Revocable Trust, for
which Barnard J. Gottstein serves as Trustee.
----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* / /
---
----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.23%
----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
OO
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CUSIP No. M40868107 13D
----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Barnard J. Gottstein
----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
___
(a)/ /
(b)/ /
---
----------------------------------------------------------------------------
(3) SEC USE ONLY
----------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
PF, OO
----------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) ___
/ X/
----------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
----------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 1,396,193 shares held by
: the Barnard J. Gottstein
: Revocable Trust, for which
: Barnard J. Gottstein serves
: as Trustee.
:----------------------------------------
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER
OWNED BY EACH REPORTING : 0
PERSON WITH :
: (9) SOLE DISPOSITIVE POWER
: 1,396,193 shares held by
: the Barnard J. Gottstein
: Revocable Trust, for which
: Barnard J. Gottstein serves
: as Trustee.
:----------------------------------------
:(10) SHARED DISPOSITIVE POWER
: 0
----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,396,193 shares held by the Barnard J. Gottstein Revocable Trust, for
which Barnard J. Gottstein serves as Trustee.
----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* / /
---
----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.23%
----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
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ITEM 1. SECURITY AND ISSUER.
This Statement on Schedule 13D (the "Schedule 13D") relates to
shares of the common stock ("Shares"), of ESC Medical Systems Ltd., an
Israeli corporation (the "Company"). The principal executive offices of
the Company are located at 100 Crescent Road, Needham, Massachusetts 02194.
ITEM 2. IDENTITY AND BACKGROUND.
(a) This statement is being filed by (1) Barnard J. Gottstein,
as trustee of the Barnard J. Gottstein Revocable Trust, (2) the Barnard J.
Gottstein Revocable Trust and (3) Barnard J. Gottstein, as an individual
(each, a "Reporting Person").
(b) Each Reporting Person's business address is c/o Carr-
Gottstein Properties, 550 West 77th Avenue, Suite 1540, Anchorage, Alaska
99501.
(c) Barnard J. Gottstein's present principal occupation is that
of partner of Carr-Gottstein Properties ("CGP"), a real estate partnership.
CGP's address is 550 West 77th Avenue, Suite 1540, Anchorage, Alaska,
99501.
(d) None of the Reporting Persons have, during the last five
years, been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) Barnard J. Gottstein was named as a defendant by the Federal
Deposit Insurance Corporation in a federal civil proceeding against certain
officers and directors of United Bank Alaska. In December 1993, the United
States District Court for the District of Alaska dismissed Barnard J.
Gottstein with prejudice from the civil lawsuit. Except as discussed in
the prior two sentences, none of the Reporting Persons have, during the
last five years, been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction or subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
maintaining activities subject to, Federal or State securities laws or
finding any violation with respect to such laws.
(f) Barnard J. Gottstein is a citizen of the United States. The
Barnard J. Gottstein Revocable Trust is organized under the laws of the
state of Washington.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
1,196,193 Shares were acquired through the distribution of a partnership
in which Barnard J. Gottstein was a partner. 200,000 Shares were acquired for
$1,383,108.77 through the use of personal funds of Barnard J. Gottstein.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Persons acquired the Shares for purposes of investment.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The Reporting Persons own 1,396,193 Shares in the aggregate.
The percentage of the class of such Shares beneficially owned by the Reporting
Persons is 5.23%.
(b) As trustee of the Barnard J. Gottstein Revocable Trust,
Barnard J. Gottstein has sole power to vote or to direct the vote of the
Shares, and has sole power to dispose or to direct the disposition of the
Shares.
(c) Each of the Reporting Persons effected the following open
market purchases of Shares during the past 60 days:
Date of Amount of Price
Transaction Securities Involved per Share
----------- ------------------- ---------
9/29/98 1,100 7.1250
9/29/98 16,000 7.0625
9/29/98 800 7.0312
9/29/98 2,100 7.0312
9/29/98 1,200 7.0000
9/29/98 2,600 7.0000
9/29/98 1,700 7.0000
9/29/98 4,100 6.9687
9/29/98 3,100 6.6250
9/29/98 5,300 6.6250
9/29/98 13,000 6.6250
9/29/98 5,000 7.0625
9/29/98 3,000 7.0625
9/29/98 5,000 7.0625
9/29/98 15,000 6.6250
9/29/98 6,000 6.6875
9/29/98 1,000 7.0000
9/29/98 1,900 7.1250
9/29/98 13,500 7.1250
9/29/98 13,000 7.1250
9/29/98 17,600 7.1250
9/29/98 9,500 6.9375
9/29/98 6,100 6.9375
9/29/98 1,000 6.9375
9/29/98 4,600 6.9375
9/29/98 500 6.9375
9/29/98 5,100 6.9062
9/29/98 4,900 6.8750
9/29/98 1,000 6.8750
9/29/98 3,000 6.8750
9/29/98 1,000 6.8750
9/29/98 5,700 6.8125
9/29/98 8,200 6.8125
9/29/98 14,500 6.8125
9/29/98 1,500 6.8125
9/29/98 1,000 6.7500
9/29/98 400 6.7500
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None of the Reporting Persons have any contract, arrangement,
understanding, or relationship (legal or otherwise) with any person with
respect to any securities of the Company.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
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.
Dated: October 9, 1998
/s/ Barnard J. Gottstein
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Barnard J. Gottstein
Individually and as Trustee of the
Barnard J. Gottstein Revocable Trust
BARNARD J. GOTTSTEIN REVOCABLE TRUST
/s/ Barnard J. Gottstein
----------------------------------------
Barnard J. Gottstein
Trustee
