UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
SENSYS TECHNOLOGIES INC.(F/K/A DAEDALUS ENTERPRISES, INC.)
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
23371210
(CUSIP Number)
Thomas R. Ory
300 Parkland Plaza
Ann Arbor, Michigan 48103
(734)769-5649
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
May 28, 1998
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box [ ].
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
*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).
SCHEDULE 13D
CUSIP No. 23371210
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Thomas R. Ory
2 Check The Appropriate Box If A Member Of A Group* (a)[ ]
(b)[ ]
3 SEC Use Only
4 Source of Funds*
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
U.S.A.
7 Sole Voting Power
Number Of 20,000
Shares 8 Shared Voting Power
Beneficially
Owned By 34,936
Each 9 Sole Dispositive Power
Reporting
Person 20,000
With 10 Shared Dispositive Power
34,936
11 Aggregate Amount of Beneficially Owned By Each Reporting Person
54,936
12 Check Box If The Aggregate Amount In Row (11) Excludes [ ]
Certain Shares*
13 Percent Of Class Represented By Amount In Row (11)
1.4%
14 Type Of Reporting Person*
IN
This is the second amendment to a Statement on Schedule 13D
originally filed with the Securities and Exchange Commission on February 19,
1997 (the "Original Statement") by Thomas R. Ory with respect to the common
stock, par value $.01 per share (the "Common Stock"), of Sensys Technologies
Inc. (f/k/a Daedalus Enterprises, Inc.), a Delaware corporation (the
"Issuer"). Items 2, 3 and 5 of the Original Statement are amended as set
forth below:
Item 2. Identity and Background.
Item 2 is amended by adding the following information to paragraph
(c):
As of June 10, 1998, Mr. Ory became Vice President of the Issuer and
President of the Issuer's Sensing and Imaging Systems Division.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is amended by adding the following information:
In payment of the exercise price of the employee stock option
described under Item 5, Mr. Ory tendered 11,294 shares of Common Stock
valued at $5.3125, the average of the reported bid and asked prices on May
27, 1998, the day prior to the exercise. The remainder of the purchase
price was paid from Mr. Ory's personal funds.
Item 5. Interest in Securities of the Issuer.
Item 5 is amended and restated in its entirety as follows:
(a) Mr. Ory beneficially owns 54,936 shares of Common Stock,
constituting approximately 1.4% of the approximately 3,955,101 issued and
outstanding shares of Common Stock (giving effect to the issuance of Common
Stock pursuant to the Merger Agreement upon the effectiveness of the related
merger on June 10, 1998). The number of shares of Common Stock beneficially
owned by Mr. Ory includes 20,000 shares which he has the right to acquire
pursuant to employee stock options which are exercisable currently or within
the next 60 days. The total shown excludes 83,347 shares of Common Stock
beneficially owned by certain persons who are parties to the voting
agreement described in Item 6 as to which shares Mr. Ory has no voting or
dispositive power and disclaims beneficial ownership.
(b) Mr. Ory has sole voting and dispositive power as to the
20,000 shares which he has the right to acquire pursuant to stock options
(when such options are exercised). Mr. Ory shares voting and dispositive
power with respect to 34,936 shares of Common Stock he owns jointly with his
spouse.
(c) On May 28, 1998, Mr. Ory exercised an employee stock option
to acquire 15,000 shares at the exercise price of $4.00 per share. Mr. Ory
tendered 11,294 shares of Common Stock(and a nominal amount of cash) in
payment of the exercise price in accordance with the terms of the related
option agreement. Mr. Ory has had no other transactions in the Common Stock
during the past 60 days.
(d) Not applicable.
(e) Mr. Ory ceased to be a beneficial owner of more than 5% of
the outstanding Common Stock on June 10, 1998 upon effectiveness of the
merger of a wholly owned subsidiary of the Issuer into S. T. Research
Corporation pursuant to the Merger Agreement.
SIGNATURE
After reasonable inquiry and to the best of their knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: June 11, 1998
/s/Thomas R. Ory
Thomas R. Ory
