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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.1)*
Dot Hill Systems Corp.
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(Name of Issuer)
Common Stock ($.01 par value)
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(Title of Class of Securities)
10316R108
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(CUSIP Number)
December 31, 1999
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(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)
[ ] Rule 13d-1(c)
[X] 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 the
disclosures provided in a prior cover page.
The information required in 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 ("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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
Page 1 of 11 pages
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CUSIP No. 10316R108
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Benjamin Monderer
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
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3. SEC Use Only
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4. Citizenship or Place of Organization United States
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5. Sole Voting Power
Number of Shares ------------------------------------------------------------
Beneficially Owned 6. Shared Voting Power 7,705,059
by Each Reporting ------------------------------------------------------------
Person With: 7. Sole Dispositive Power
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8. Shared Dispositive Power
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9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,705,059
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
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11. Percent of Class Represented by Amount in Row (11) 32.3%
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12. Type of Reporting Person (See Instructions) IN
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Page 2 of 11 pages
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CUSIP No. 10316R108
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Mark A. Mays
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
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3. SEC Use Only
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4. Citizenship or Place of Organization United States
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5. Sole Voting Power
Number of Shares -------------------------------------------------------------
Beneficially Owned 6. Shared Voting Power 7,705,059
by Each Reporting -------------------------------------------------------------
Person With: 7. Sole Dispositive Power
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8. Shared Dispositive Power
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9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,705,059
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
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11. Percent of Class Represented by Amount in Row (11) 32.3%
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12. Type of Reporting Person (See Instructions) IN
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Page 3 of 11 pages
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CUSIP No. 10316R108
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Carol Turchin
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
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3. SEC Use Only
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4. Citizenship or Place of Organization United States
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5. Sole Voting Power
Number of Shares -------------------------------------------------------------
Beneficially Owned 6. Shared Voting Power 7,705,059
by Each Reporting -------------------------------------------------------------
Person With: 7. Sole Dispositive Power
-------------------------------------------------------------
8. Shared Dispositive Power
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9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,705,059
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
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11. Percent of Class Represented by Amount in Row (11) 32.3%
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12. Type of Reporting Person (See Instructions) IN
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Page 4 of 11 pages
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Item 1.
(a) Name of Issuer Dot Hill Systems Corp.
(b) Address of Issuer's Principal Executive Offices 6305 El Caminio Real
Carlsbad, CA 92009
Item 2.
(a) Name of Person Filing Benjamin Monderer, Carol Turchin, Mark A.
Mays
(b) Address of Principal Business Office or, if none, Residence
161 Avenue of the Americas, New York
NY 10013
(c) Citizenship Each reporting person is a citizen of the United States
(d) Title of Class of Securities Common Stock ($.01 par value)
(e) CUSIP Number 10316R108
Item 3. If this statement is filed pursuant to ss.ss.240.13d-l(b) or
240.13d-2(b) or (c), check whether the person filing is a: NA
Page 5 of 11 Pages
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Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 7,705,059 shares
(b) Percent of class: 32.3%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote.
(ii) Shared power to vote or to direct the vote 7,705,059
(iii) Sole power to dispose or to direct the disposition of _______.
(iv) Shared power to dispose or to direct the disposition of ____.
Instruction. For computations regarding securities which represent a right to
acquire an underlying security see Section 240.13d-3(d)(l).
Item 5. Ownership of Five Percent or Less of a Class NA
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
Instruction: Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person. NA
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company NA
Item 8. Identification and Classification of Members of the Group
Attached
Page 6 of 11
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Item 9. Notice of Dissolution of Group NA
Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity. See Item 5.
Item 10. Certification
(a) The following certification shall be included if the statement is
filed pursuant to ss.240.13d-1(b): NA
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and 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.
(b) The following certification shall be included if the statement is
filed pursuant to Section 240.13d-l(c): NA
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.
Page 7 of 11 Pages
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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.
2/14/00
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Date
/s/ Benjamin Monderer
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Signature
Benjamin Monderer
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Name/Title
Page 8 of 11 Pages
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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.
2/14/00
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Date
/s/ Mark A. Mays
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Signature
Mark A. Mays
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Name/Title
Page 9 of 11 pages
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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.
2/14/00
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Date
/s/ Carol Turchin
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Signature
Carol Turchin
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Name/Title
Page 10 of 11 pages
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Exhibit I
Response to Item 8
<TABLE>
<CAPTION>
Amount and Nature of Percent of
Name Beneficial Ownership Outstanding shares
- ---- -------------------- ------------------
<S> <C> <C>
Benjamin Monderer (1) 7,705,059 32.3%
Carol Turchin (1) 7,705,059 32.3%
Mark A. Mays (2) 7,705,059 32.3%
</TABLE>
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(1) Beneficial ownership includes 2,476,653 shares owned by such individual's
spouse and 2,751,653 shares owned by Mr. Mays, all of which shares are
subject to the voting agreement described below, as to which shares such
individual disclaims beneficial ownership.
(2) Beneficial ownership includes 4,953,406 shares owned by Dr. Monderer
and Ms. Turchin, all of which are subject to the voting agreement
described below, as to which shares Mr. Mays disclaims beneficial
ownership.
On July 31, 1997, Dr. Monderer, Ms. Turchin and Mr. Mays entered into a
voting agreement with respect to the shares which each owns, effective with the
consummation of the initial public offering of Box Hill Systems Corp. Common
Stork. Pursuant to the agreement, such shareholders have agreed to vote their
respective shares for the election of each thereof as a Director of the Company
and will vote their shares in accordance with the determination of the holders
of a majority of their shares as to any proposal to merge, consolidate,
liquidate or sell substantially all of the assets of the Company. The agreement,
which is to terminate December 31, 2009, or upon deaths of Dr. Monderer and Ms.
Turchin, prohibits the transfer of their shares other than (i) to a member of
the transferor's family who agrees to be bound by the agreement, (ii) pursuant
to a sale exempt from registration pursuant to Rule 144 under the Securities Act
or (iii) in a merger, consolidation or sale of substantially all the assets of
the Company.
Page 11 of 11 pages
