UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Under the Securities Exchange Act of 1934
(Amendment No. 4)(1)
AXSYS TECHNOLOGIES, INC.
----------------------------------------------------
(Name of Issuer)
Common Stock
----------------------------------------------------
(Title of Class of Securities)
054615109
----------------------------------------------------
(CUSIP Number)
(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 ("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>
CUSIP No. 054615109
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Axsys Technologies, Inc. 401(k), Retiremenet Plan
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 229,326
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
229,326
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
229,326
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.57%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
EP
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 054615109
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Louis D. Mattielli, as Co-Trustee under Axsys Technologies, Inc. 401(k)
Retirement Plan
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
American
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 229,326
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
229,326
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
229,326
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.57%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
EP
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 054615109
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Raymond F. Kunzmann, as Co-Trustee under Axsys Technologies, Inc. 401(k)
Retirement Plan
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
American
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 229,326
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
229,326
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
229,326
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.57%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
EP
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a) Name of Issuer:
Axsys Technologies, Inc.
Item 1(b) Address of Issuer's Principal Office:
910 Sylvan Avenue suite 180
Englewood Cliffs, New Jersey 07632
Item 2(a) Name of Persons Filing:
(i) Axsys Technologies, Inc. 401(k) Retirement Plan (the "Plan")
(ii) Louis D. Mattielli, as Co-Trustee under Axsys Technologies,
Inc. 401(k) Retirement Plan
(iii) Raymond F. Kunzmann, as Co-Trustee under Axsys Technologies,
Inc. 401(k) Retirement Plan
Item 2(b) Address of Principal Business Office, or, if none, Residence:
910 Sylvan Avenue
Englewood Cliffs, New Jersey 07632
Item 2(c) Citizenship:
(i) Delaware
(ii) American
(iii) American
Item 2(d) Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e) CUSIP Number
054615109
<PAGE>
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 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 (15 U.S.C 80a-8);
(e) |_| An investment adviser in accordance with
ss. 240.13d-1(b)(1)(ii)(E);
(f) |X| 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 associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C 1813);
(i) |_| A church plan that is executed 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-l(c) check this box
|_|.
Item 4 Ownership:
(a) Amount Beneficially Owned as of December 31, 1997:
229,326
(b) Percent of Class:
5.57%
(c) Number of shares as to which person has
(i) sole power to vote or to direct the vote:
-0-
(ii) shared power to vote or to direct the vote:
229,326
(iii) sole power to dispose or to direct the disposition of:
-0-
(iv) shared power to dispose or to direct the disposition of:
229,326
Item 5 Ownership of Five Percent or Less of a Class
Not Applicable
Page 6 of 8 Pages
<PAGE>
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
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 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.
Page 7 of 8 Pages
<PAGE>
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: March 26 1998 Axsys Technologies, Inc. 401(k) Retirement Plan
by: /s/ Louis D. Mattielli
-----------------------------------------------
Louis D. Mattielli, as Co-Trustee under
Axsys Technologies, Inc. 401(k) Retirement Plan
by: /s/ Raymond F. Kunzmann
-----------------------------------------------
Raymond F. Kunzmann, as Co-Trustee under
Axsys Technologies, Inc. 401(k) Retirement Plan
by: /s/ Louis D. Mattielli
-----------------------------------------------
Louis D. Mattielli, as Co-Trustee under
Axsys Technologies, Inc. 401(k) Retirement Plan
by: /s/ Raymond F. Kunzmann
-----------------------------------------------
Raymond F. Kunzmann, as Co-Trustee under
Axsys Technologies, Inc. 401(k) Retirement Plan
Page 8 of 8 Pages
