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)
(Amendment No. 1)
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
January 15, 1999
-------------------------------------------------------
(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: [ ]
CUSIP No. M40868107 13D
- ----------------------------------------------------------------------------
(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
- ----------------------------------------------------------------------------
(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
: 1,717,134 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
: 1,717,134 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
1,717,134 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)
6.19%
- ----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- ----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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) [ ]
- ----------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Washington
- ----------------------------------------------------------------------------
:(7) SOLE VOTING POWER
: 1,717,134 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
: 1,717,134 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
1,717,134 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)
6.19%
- ----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
OO
- ----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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
: 1,717,134 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
: 1,717,134 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
1,717,134 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)
6.19%
- ----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- ----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
This Amendment No. 1 amends the Statement on Schedule 13D,
dated October 9, 1998 (the "Schedule 13D"), relating 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 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby amended and supplemented as follows:
6,041 Shares were acquired through the distribution of a
partnership in which Barnard J. Gottstein was a partner. 314,900 Shares
were acquired for approximately $2,158,154 through the use of personal
funds of Barnard J. Gottstein.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and supplemented as follows:
(a) The Reporting Persons own 1,717,134 Shares in the
aggregate. The percentage of the class of such Shares beneficially owned by
the Reporting Persons is 6.19%.
(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
----------- ------------------- ---------
1/13/99 25,000 7.0000
1/14/99 75,000 7.2708
1/15/99 50,000 7.5000
1/15/99 25,000 7.3750
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: January 19, 1999
/s/ Barnard J. Gottstein
------------------------------------
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
