SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a)AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. _____ )
DDL Electronics, Inc.
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(Name of Issuer)
Common Stock (Par value $.01)
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(Title of Class of Securities)`
233167 105
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(CUSIP Number)
Thomas M. Wheeler, 2151 Anchor Court, Newbury Park, CA 91320 (805)376-9415
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Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 30, 1998
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(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 that is the subject of this Schedule l3D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check
the following box [ ].
(Continued on following pages)
(Page 1 of 4 Pages)
CUSIP No. 233167 105 13D Page 2 of 4 Pages
1. Name of reporting person
Thomas M. Wheeler
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. Citizen
7. Number of shares beneficially owned by each reporting person with sole
voting power
6,386,254
8. Number of shares beneficially owned by each reporting person with shared
voting power
-0-
9. Number of shares beneficially owned by each reporting person with sole
dispositive power.
6,386,254
10. Number of shares beneficially owned by each reporting person with shared
dispositive power
-0-
11. Aggregate amount beneficially owned by each reporting person.
6,386,254
12. Check box if the aggregate amount in Row 11 excludes certain shares [ ]
13. Percent of class presented by amount in Row 11
18.7%
14. Type of reporting person
IN
Page 3 of 4 Pages
Item 1. Security and Issuer
This schedule relates to shares of common stock, $.01 par value
("Common Stock") of DDL Electronics, Inc., a Delaware corporation
(the "Company"), whose principal executive offices are located at
2151 Anchor Court, Newbury Park, CA 91320.
Item 2. Identity and Background.
(a) The name of the person filing this schedule is Thomas M. Wheeler.
(b) Mr. Wheeler's address is 2151 Anchor Court, Newbury Park, CA 91320.
(c) Mr. Wheeler's present principal occupation is president of TMW
Enterprises, Inc., Troy, Michigan.
(d) During the past five years, Mr. Wheeler has not been convicted in
any criminal proceeding.
(e) During the past five years, Mr. Wheeler has not been a party to
civil proceeding of a judicial or administrative body of competent
jurisdiction which resulted in a judgment, decree, or final order
enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding
any violation with respect to such laws.
(f) Mr. Wheeler is a citizen of the United States
Item 3. Source and Amount of Funds or Other Consideration.
Mr. Wheeler acquired the shares covered by this filing in exchange
for his ownership interest in Jolt Technology, Inc. ("Jolt"), a
privately held electronics contract manufacturing company which
was acquired by the Company on June 30, 1998 pursuant to the
Agreement and Plan of Merger dated as of May 28, 1998 among the
Company, Jolt, Jolt Acquisition Corporation, and Messrs. Thomas M.
Wheeler and Mitchell Morhaim and Ms. Charlene A. Gondek.
Item 4. Purpose of Transaction
The purpose of this transaction was to finance the acquisition of
Jolt by the Company, as further described in the Form 8-K dated
July 15, 1998 filed by the Company, pursuant to the Agreement and
Plan of Merger dated May 28, 1998.
Item 5. Interest in Securities of the Issuer
(a) Mr. Wheeler is the owner and holder of record of 6,386,254 shares
of Common Stock representing in the aggregate 18.7% of such class.
(b) Mr. Wheeler has the sole power to vote or to direct the vote and
the sole power to dispose or to direct the disposition of
6,386,254 shares of Common Stock.
(c) Mr. Wheeler effected the following transactions in the shares of
Common Stock during the past 60 days:
On June 30, 1998, he acquired 6,386,254 shares of Common Stock
in exchange for his ownership interest in Jolt.
Page 4 of 4 Pages
Item 5. Interest in Securities of the Issuer (continued)
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
On May 28, 1998 the Company entered into the Agreement and Plan of
Merger dated as of May 28, 1998 to acquire 100% of Jolt's
outstanding shares. The acquisition was consummated on June 30,
1998. Mr. Wheeler's ownership interest was acquired for 6,386,254
shares of Common Stock. The ownership interests of the other Jolt
shareholders were acquired for Common Stock in the aggregate
amount of 2,613,746 shares.
Item 7. Material to Be Filed as Exhibits.
Agreement and Plan of Merger dated May 28, 1998 among DDL, Jolt,
Jolt Acquisition, Inc., a Delaware corporation and wholly-owned
subsidiary of DDL, and Messrs. Thomas M. Wheeler and Mitchell
Morhaim and Ms. Charlene A. Gondek (incorporated by reference to
Appendix A of the Company's Definitive Proxy Statement dated June
12, 1998).
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.
August 25, 1998 /s/ Thomas M. Wheeler
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Date Thomas M. Wheeler
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 of any title of each person who signs
the statement shall be typed or printed beneath his signature.
Attention: Intentional misstatements of omissions of fact constitute
federal criminal violations (see 18 U.S.C. 1001).
