SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
DATUM INC.
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(Name of Issuer)
Common Stock, par value $0.25 per share
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(Title of Class of Securities)
23820810
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(CUSIP Number)
Dennis J. Block, Esq.
Cadwalader, Wickersham & Taft
100 Maiden Lane
New York, NY 10038
(212) 504-6000
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
December 20, 1999
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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 13D, and is filing this
schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the
following box. [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) 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).
<PAGE>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Frequency Electronics, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)(a)[ ] (b)[X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
WC
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
DELAWARE
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7 SOLE VOTING POWER
288,550
NUMBER OF
SHARES --------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
EACH
REPORTING --------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 288,550
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10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
288,550
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%
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14 TYPE OF REPORTING PERSON (See Instructions)
CO
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<PAGE>
This Amendment No. 2 amends and supplements the Statement on Schedule 13D
(the "Schedule 13D") filed by Frequency Electronics, Inc. ("Frequency" or the
"Reporting Person") on November 22, 1999, as amended by Amendment No. 1 thereto
("Amendment No. 1") filed on December 16, 1999. The information in Item 5 is
hereby amended and supplemented as follows:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) According to Datum's Quarterly Report on Form 10-Q for the
quarter ended September 30, 1999, as of November 10, 1999, Datum had issued and
outstanding 5,839,940 shares of Common Stock.
(b) Frequency is the beneficial owner of 288,550 shares of Common
Stock or 4.9% of the outstanding Common Stock. Frequency has the sole power to
vote, or to direct the vote of, all of such shares.
(c) Since the filing of Amendment No. 1 on December 16, 1999,
Frequency has sold shares of Datum Common Stock in open market transactions. The
trade date, number of shares sold, price per share, and total price received by
Frequency are as follows:
DATE PURCHASE/SALE NO. OF SHARES PRICE PER SHARE TOTAL PRICE
12/20/99 Sale 8,000 $8.2875 $66,300.000
(d) Frequency is not aware of any other person that has the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the shares of Common Stock disclosed in Item 5 hereof.
(e) The Reporting Person ceased to be the beneficial owner of more
than five percent of the common stock of Datum on December 20, 1999.
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<PAGE>
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: December 21, 1999.
FREQUENCY ELECTRONICS, INC.
By: /s/ Alan L. Miller
--------------------------------------------
Name: Alan L. Miller
Title: Treasurer and Chief Financial Officer
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