UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
BASE TEN SYSTEMS, INC.
(Name of Issuer)
Common Stock, Class A
(Title of Class of Securities)
069779-20-5
(CUSIP Number)
William F. Hackett
Base Ten Systems, Inc.
One Electronics Drive
Trenton, NJ 08619
(609) 586-7010
with a copy to:
Revan Schwartz
Andrew Garrett, Inc.
52 Vanderbilt Avenue
New York, NY 10017
(212) 682-8833
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 23, 1998
(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
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 (the "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).
CUSIP NO. 069779-20-5
<PAGE>
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CUSIP No. 069779-20-5 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
KEVIN LOCKHART --I.R.S. IDENTIFICATION NO. ____
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)(a) |_| (b) |_|
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3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5 SOLE VOTING POWER
784,852
NUMBER OF -------- -------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -------- -------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 784,852
-------- ------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
784,852
- -------- -----------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) |_|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.29%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
- -------- -----------------------------------------------------------------------
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CUSIP No. 069779-20-5 13G Page 3 of 6 Pages
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Item 1(a). Name of Issuer.
Base Ten Systems, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
One Electronics Drive
Trenton, NJ 08619
Item 2(a). Names of Persons Filing.
Kevin Lockhart
Item 2(b). Address of Principal Business Office or, if none, Residence.
111 West 3rd Street
Ogallala, NE 69153
Item 2(c). Citizenship.
United States of America
Item 2(d). Title of Class of Securities.
Common Stock, Class A.
Item 2(e). CUSIP Number.
069779-20-5
Item 3.
If this statement is filed pursuant to ss.ss.240.13d-1(b) or 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 39(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).
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CUSIP No. 069779-20-5 13G Page 4 of 6 Pages
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(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)(1)(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.
(a) Amount beneficially owned: 784,852 shares
(b) Percent of class: 8.29%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 784,852
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 784,852
(iv) Shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class.
Inapplicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Inapplicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
Inapplicable.
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CUSIP No. 069779-20-5 13G Page 5 of 6 Pages
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Item 8. Identification and Classification of Members of the Group.
Inapplicable.
Item 9. Notice of Dissolution of Group.
Inapplicable.
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CUSIP No. 069779-20-5 13G Page 6 of 6 Pages
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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. 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.
Date: August 19, 1998
/s/ Kevin Lockhart
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Kevin Lockhart
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001).
