SCHEDULE 13G
(RULE 13D-102)
Information to be Included in Statements Filed Pursuant to Rule
13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant
to Rule 13d-2
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Under the Securities Exchange Act of 1934
(Amendment No. __)*
FARGO ELECTRONICS, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
30744P102
(CUSIP Number)
AUGUST 30, 2000
(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-l(b)
[X]Rule 13d-l(c)
[ ]Rule 13d-l(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 ("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).
<PAGE>
SCHEDULE 13G
----------------------- -------------------
CUSIP NO. 30744P102 PAGE 2 OF 5 PAGES
----------------------- -------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 SS. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON
Theodore R. Duncan, Jr.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 770,000
-----------------------------------------------------------------
BENEFICIALLY
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 0
-----------------------------------------------------------------
PERSON
WITH 7 SOLE DISPOSITIVE POWER
770,000
-----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
770,000
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.6% (See Note 1)
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
Note 1 - This Percentage is based on 11,737,000 shares of Common Stock
outstanding as of August 21, 2000.
<PAGE>
SCHEDULE 13G
----------------------- -------------------
CUSIP NO. 30744P102 PAGE 3 OF 5 PAGES
----------------------- -------------------
ITEM 1(A). NAME OF ISSUER:
Fargo Electronics, Inc., a Delaware Corporation (the "Company").
ITEM I(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
6533 Flying Cloud Drive, Eden Prairie, Minnesota 55344
ITEM 2(A). NAME OF PERSON FILING:
Theodore R. Duncan, Jr.
ITEM 2(B). ADDRESS OF PRINCIPAL OFFICES OR, IF NONE, RESIDENCE:
1350 Indian Mound Trail, Vero Beach, Florida 32963
ITEM 2(C). CITIZENSHIP:
United States
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
The title of the class of equity securities to which this statement
relates is the shares of Common Stock, par value $.01 per share (the "Shares"),
of the Company.
ITEM 2(E). CUSIP NUMBER:
30744P102
<PAGE>
SCHEDULE 13G
----------------------- -------------------
CUSIP NO. 30744P102 PAGE 4 OF 5 PAGES
----------------------- -------------------
ITEM 3. IF THE STATEMENT IS BEING FILED PURSUANT TO RULE 13D-L(B), OR 13D-2(B)
OR (C), CHECK WHETHER THE FILING PERSON IS A:
(a)[ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
(b)[ ] Bank as defined in Section 3(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);
(d)[ ] Investment company registered under Section 8 of the Investment Company
Act of 1940 (15U.S.C. 80a-8);
(e)[ ] An investment adviser in accordance with l3d-l(b)(I)(ii)(E);
(f)[ ] An employee benefit plan or endowment fund in accordance with 13d- I
(b)(I)(ii)(F);
(g)[ ] A parent holding company or control person in accordance with
13d-l(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 l3d-l(b)(l)(ii)(J).
If this statement is filed pursuant to 13d-1(c), check this box.[X]
ITEM 4. OWNERSHIP:
The information in Items 5-11 on the cover page of this Schedule 13G is
incorporated by reference.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the date
hereof the reporting person had ceased to be the beneficial owner of more than
five percent of the class of securities, check the following[ ]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable.
<PAGE>
SCHEDULE 13G
----------------------- -------------------
CUSIP NO. 30744P102 PAGE 5 OF 5 PAGES
----------------------- -------------------
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
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.
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: October 3, 2000
/S/ THEODORE R. DUNCAN, JR.
----------------------------
Theodore R. Duncan, Jr.
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
ATTENTION. INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
