SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)(1)
BARRINGER TECHNOLOGIES INC.
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(Name of Issuer)
COMMON STOCK $.01 PAR VALUE
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(Title of class of securities)
68509603
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(CUSIP number)
STEVEN WOLOSKY, ESQ.
OLSHAN GRUNDMAN FROME ROSENZWEIG & WOLOSKY LLP
505 Park Avenue
New York, New York 10022
(212) 753-7200
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(Name, address and telephone number of person
authorized to receive notices and communications)
April 21, 1999
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(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 Rule 13d-1(b)(3) or (4), check the following box
/ /.
Note. six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
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1 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 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).
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CUSIP No. 68509603 13D Page 2 of 5 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
LIONHEART GROUP, INC.
13-3790-376
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
DELAWARE
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 475,400
OWNED BY
EACH ----------------------------------------------------------------
REPORTING
PERSON WITH
8 SHARED VOTING POWER
-0-
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9 SOLE DISPOSITIVE POWER
475,400
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10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
475,400
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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)
6.43%
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14 TYPE OF REPORTING PERSON
IA
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CUSIP No. 68509603 13D Page 3 of 5 Pages
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The following constitutes the Amendment No. 2 (the "Amendment No. 2")
to the original statement of beneficial ownership on Schedule 13D filed by the
Reporting Person on October 30, 1998. This Amendment No. 2 amends the Schedule
13D as specifically set forth.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 is amended as follows:
The aggregate purchase price of the 475,400 shares of Common
Stock beneficially held by the Reporting Person is $3,021,086. All of the shares
of Common Stock beneficially held by the Reporting Person were purchased with
the working capital of the investment funds and managed accounts for whose
accounts such shares were purchased.
Item 5. Interest in Securities of the Issuer.
Items 5(a), (b) and (c) are amended as follows:
(a) The Reporting Person may be deemed to beneficially own
475,400 shares of Common Stock(which constitutes approximately 6.43% of the
Issuer).
(b) The Reporting Person has sole voting and dispositive power
with respect to the 475,400 shares of Common Stock it may be deemed to
beneficially own.
(c) Since the filing of Amendment No. 1, accounts managed by
the Reporting Person sold shares of Common Stock on the dates, in the amounts
and at the prices set forth on Exhibit A annexed hereto and incorporated by
reference herein. All of such sales were made on the open market.
Item 7. Material to be Filed as Exhibits.
Item 7 is amended to add the following.
Exhibit A: Transactions in shares of Common Stock since the
filing of Amendment No. 1.
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CUSIP No. 68509603 13D Page 4 of 5 Pages
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SIGNATURES
After reasonable inquiry and to the best of his knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: April 22, 1999 LIONHEART GROUP, INC.
By: /s/ C. Duncan Soukup
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C. Duncan Soukup, President
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CUSIP No. 68509603 13D Page 5 of 5 Pages
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EXHIBIT A
Transactions in the Shares of Common Stock
Since the Filing of Amendment No. 1 by the Reporting Person
Cost (per share
Date Buy/Sell Total in dollars)
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04/21/99 Sell 199,100 $5.8095
