SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
S C H E D U L E 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)(1)
TRANSITIONAL ANALYSIS COMPONENT TECHNOLOGY, INC.
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(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
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(Title of Class of Securities)
89368Y 10 4
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(CUSIP Number)
Copy to:
Morrison Cohen Singer & Weinstein, LLP
750 Lexington Avenue
New York, New York 10022
Attn: Henry A. Singer
Telephone (212) 735-8600
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 16, 1999
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(Date of Event which Requires Filing 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
|_|.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
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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).
Page 1 of 6
<PAGE>
SCHEDULE 13D
|-----------------------| |--------------------------|
| CUSIP Nos. 89368Y104 | | Page 2 of 6 Pages |
|-----------------------| |--------------------------|
|----------------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Robert E. Schrader |
|---------|------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (See Instructions) (b) [ ] |
|---------|------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|---------|------------------------------------------------------------------|
| 4 | SOURCE OF FUNDS (See Instructions) |
| | |
| | PF |
|---------|------------------------------------------------------------------|
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| | PURSUANT TO ITEMS 2(d) or 2(e) [ ] |
|---------|------------------------------------------------------------------|
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States citizen |
|----------------|-----|-----------------------------------------------------|
| | 7 | SOLE VOTING POWER |
| | | 42,565 7.1% |
| NUMBER OF |-----|-----------------------------------------------------|
| SHARES | 8 | SHARED VOTING POWER |
| BENEFICIALLY | | 30,000 5.0% |
| OWNED BY EACH |-----|-----------------------------------------------------|
| REPORTING | 9 | SOLE DISPOSITIVE POWER |
| PERSON | | 42,565 7.1% |
| WITH |-----|-----------------------------------------------------|
| | 10 | SHARED DISPOSITIVE POWER |
| | | 30,000 5.0% |
|----------------------------------------------------------------------------|
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 72,565 |
|---------|------------------------------------------------------------------|
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) |
| | EXCLUDES CERTAIN SHARES (See Instructions) [X] |
| | |
|---------|------------------------------------------------------------------|
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| | |
| | 12.1% |
|---------|------------------------------------------------------------------|
| 14 | TYPE OF REPORTING PERSON (See Instructions) |
| | |
| | IN |
|----------------------------------------------------------------------------|
Page 2 of 6
<PAGE>
SCHEDULE 13D
|-----------------------| |--------------------------|
| CUSIP Nos. 89368Y104 | | Page 3 of 6 Pages |
|-----------------------| |--------------------------|
|----------------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Deborah J. Schrader |
|---------|------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (See Instructions) (b) [ ] |
|---------|------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|---------|------------------------------------------------------------------|
| 4 | SOURCE OF FUNDS (See Instructions) |
| | |
| | PF |
|---------|------------------------------------------------------------------|
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| | PURSUANT TO ITEMS 2(d) or 2(e) [ ] |
|---------|------------------------------------------------------------------|
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States citizen |
|----------------|-----|-----------------------------------------------------|
| | 7 | SOLE VOTING POWER |
| | | -0- 0% |
| NUMBER OF |-----|-----------------------------------------------------|
| SHARES | 8 | SHARED VOTING POWER |
| BENEFICIALLY | | 72,565 12.1% |
| OWNED BY EACH |-----|-----------------------------------------------------|
| REPORTING | 9 | SOLE DISPOSITIVE POWER |
| PERSON | | -0- 0% |
| WITH |-----|-----------------------------------------------------|
| | 10 | SHARED DISPOSITIVE POWER |
| | | 72,565 12.1% |
|----------------------------------------------------------------------------|
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 72,565 |
|---------|------------------------------------------------------------------|
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) |
| | EXCLUDES CERTAIN SHARES (See Instructions) [X] |
| | |
|---------|------------------------------------------------------------------|
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| | |
| | 12.1% |
|---------|------------------------------------------------------------------|
| 14 | TYPE OF REPORTING PERSON (See Instructions) |
| | |
| | IN |
|----------------------------------------------------------------------------|
Page 3 of 6
<PAGE>
This statement, dated March 16, 1999, constitutes Amendment No. 1 to the
Schedule 13D, dated February 10, 1999, regarding the reporting persons'
ownership of certain securities of Transition Analysis Component Technology,
Inc. (the "Issuer").
The Schedule 13D is hereinafter referred to as the "Schedule". All
capitalized terms used herein and otherwise undefined shall have the meanings
ascribed in the Schedule.
This Amendment No. 1 to the Schedule is filed in accordance with Rule 13d-2
of the Securities Exchange Act of 1934, as amended, by the reporting persons. It
shall refer only to information which has materially changed since the filing of
the Schedule.
ITEM 5. Interests in Securities of the Issuer.
(a) The following list sets forth the aggregate number and percentage
(based on 598,734 shares of Common Stock outstanding as reported by the Issuer
in its 10-QSB for the quarter ending December 31, 1998) of outstanding shares of
Common Stock owned beneficially by each reporting person named in Item 2, as of
March 16, 1999:
<TABLE>
<CAPTION>
Percentage of Shares of
Shares of Common Stock Common Stock
Name Beneficially Owned Beneficially Owned
- ---- ------------------ ------------------
<S> <C> <C>
Robert E. Schrader 72,565(2) 12.1%
Deborah J. Schrader 72,565(2,3) 12.1%
</TABLE>
(b) Robert E. Schrader ("R.E. Schrader") has sole power to vote and to
dispose of 42,565 shares of Common Stock, representing approximately 7.1% of the
outstanding Common Stock. By virtue of a joint tenancy with Deborah J. Schrader
("D.J. Schrader"), R. E. Schrader may be deemed to have shared voting power to
vote and to dispose of 30,000 shares of Common Stock, representing approximately
5% of the outstanding Common Stock. In the aggregate, 72,565 shares owned by R.
E. Schrader constitutes 12.1% of the issued and outstanding Common Stock.
D. J. Schrader, by virtue of a joint tenancy with R. E. Schrader, has
shared power to vote and to dispose of 30,000 shares of Common Stock,
representing approximately 5% of the outstanding Common Stock. In addition, D.
J. Schrader may be deemed to have shared power to vote and to dispose of 17,794
shares previously purchased directly by her husband R. E. Schrader and 24,771
shares purchased for the R. E. Schrader Rollover IRA. In the aggregate, 72,565
shares beneficially held by D. J. Schrader constitutes 12.1% of the issued and
outstanding Common Stock.
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(2) Includes 24,771 shares of Common Stock held in the Robert E. Schrader
Rollover IRA account.
(3) The reporting person disclaims beneficial ownership of the securities
except to the extent of her equity interest therein.
Page 4 of 6
<PAGE>
(c) The following is a description of all transactions in shares of Common
Stock of the Issuer by the persons identified in Item 2 of this Schedule 13D
effected from February 8, 1999 through March 16, 1999, inclusive:
<TABLE>
<CAPTION>
Purchase or Number of Shares Purchase or
Name of Shareholder Sale Date Purchased or (Sold) Sale Price
------------------- --------- ------------------- ----------
<S> <C> <C> <C>
Robert E. Schrader 2/8/99 5,000 $9.75
Robert E. Schrader and Deborah J. 2/10/99 13,000 $11.00
Schrader as joint tenants
Robert E. Schrader and Deborah J. 2/11/99 12,400 $11.00
Schrader as joint tenants
Robert E. Schrader Rollover IRA 2/12/99 10,000 $11.00
Robert E. Schrader Rollover IRA 2/17/99 4,700 $11.50
Robert E. Schrader Rollover IRA 3/10/99 1,000 $11.00
Robert E. Schrader Rollover IRA 3/11/99 1,000 $11.00
Robert E. Schrader Rollover IRA 3/16/99 8,071 $11.00
</TABLE>
(d) Not applicable.
(e) Not applicable.
Page 5 of 6
<PAGE>
Signature
After reasonable inquiry and to the best of their knowledge and belief,
each of the undersigned hereby certifies that the information set forth in this
Schedule is true, complete, and correct.
Date: March 19, 1999
Robert E. Schrader
-----------------------------------------
ROBERT E. SCHRADER
Deborah J. Schrader
-----------------------------------------
DEBORAH J. SCHRADER
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
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