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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.____)*
Axsys Technologies, Inc.
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(Name of Issuer)
Common Stock, $.01 par value per share
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(Title of Class of Securities)
054615 10 9
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(CUSIP Number)
October 18, 2000
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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)
[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 ("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).
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CUSIP No. 054615 10 9
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1. NAME OF REPORTING PERSONS
IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Andre Bernard By
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ............................................
(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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NUMBER OF 5. SOLE VOTING POWER 353,568
SHARES ........................
BENEFICIALLY ----------------------------------------------------
OWNED BY 6. SHARED VOTING POWER 0
EACH ........................
REPORTING ----------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER 318,212
WITH ......................
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8. SHARED DISPOSITIVE POWER 0
...................
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 353,568
..............
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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) 7.4%
.................
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12. TYPE OF REPORTING PERSON (See Instructions)
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IN
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INSTRUCTIONS FOR SCHEDULE 13G
Instructions for Cover Page
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SCHEDULE 13G
ITEM 1: (a) Name of Issuer: Axsys Technologies, Inc. ( the "Issuer")
(b) Address of Issuer's Principal Executive Offices:
175 Capital Blvd., Suite 103
Rocky Hill, Connecticut 06067
ITEM 2: (a) Name of Person Filing: Andre Bernard By
(b) Address of Principal Business Office, or if none, Residence:
2-C Gill Street
Woburn, MA 01801
(c) Citizenship: United States
(d) Title of Class of Securities: Common Stock, $.01 par value
per share
(e) CUSIP Number: 054615 10 9
ITEM 3: If this Statement is filed pursuant to Section 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 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
Section 240.13d-1(b)(1)(ii)(E);
(f)[ ] An employee benefit plan or endowment fund in accordance
with Section 240.13d-1(b)(l)(ii)(F);
(g)[ ] A parent holding company or control person in accordance
with Section 240.13d-1(b)(l)(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 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 Section 240.13d-1(b)(l)(ii)(J).
ITEM 4: OWNERSHIP:
(a) Amount beneficially owned: 353,568
(b) Percent of class: 7.4%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 353,568
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition
of: 318,212
(iv) Shared power to dispose or to direct the disposition of: 0
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 has 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
An escrow agent may receive and direct receipt of dividends from, or
proceeds from the sale of, 35,356 of the securities referenced herein,
pursuant to an Escrow Agreement between, among others, the Issuer and
Mr. By.
ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
N/A
ITEM 8: IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
N/A
ITEM 9: NOTICE OF DISSOLUTION OF GROUP
N/A
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ITEM 10: CERTIFICATION
(a) The following certification shall be included if the statement is
filed pursuant to Section 240.13d-l(b): N/A
(b) The following certification shall be included if the statement is
filed pursuant to Section 240.13d-l(c):
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.
Date: October 24, 2000
/s/ Andre Bernard By
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Andre Bernard By
