SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
(Rule 13d-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
DETECTION SYSTEMS, INC.
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(Name of Issuer)
Common Stock, par value $0.05 per share
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(Title of Class of Securities)
250644 10 1
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(CUSIP Number)
Frank J. Ryan, Vice President
Detection Systems, Inc.
130 Perinton Parkway
Fairport, NY 14450
716-421-4225
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 17, 2001
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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 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 [ ].
(Continued on the following page)
(Page 1 of 2 Pages)
The information required in 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).
1. Names of Reporting Persons, I.R.S. Identification Nos. of Above
Persons (Entities only)
Karl H. Kostusiak
2. Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [x ]
3. SEC Use Only
4. Source of Funds
N/A
5. Check box if disclosure of legal proceedings is required pursuant
to Item 2(d) or 2(e) [ ]
6. Citizenship or Place of Organization:
United States of America
Number of 7. Sole Voting Power
shares beneficially 8. Shared Voting Power 383,721
owned by each 9. Sole Dispositive Power
reporting 10. Shared Dispositive Power 383,721
person
11. Aggregate amount beneficially owned by each reporting person
579,561(1)
12. Check box if the aggregate amount in row (11) excludes certain
shares [x ]
13. Percent of class represented by amount in row (11)
8.4 %
14. Type of reporting person: IN
(Page 2 of 2 pages)
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(1) Includes 179,840 shares which may be acquired by Mr. Kostusiak
upon retirement pursuant to the Company's Deferred Compensation
and Deferred Stock Bonus Plans and 16,000 shares which may be
acquired upon the exercise of warrants and options.
Item 1. Security and Issuer.
Common Stock, par value $0.05 per share
Detection Systems, Inc.
130 Perinton Parkway
Fairport, NY 14450
Item 2. Identity and Background.
a. Name. Karl H. Kostusiak
b. Residence or Business Address. Detection Systems, Inc.,
130 Perinton Parkway, Fairport, NY 14450.
c. Present Principal Occupations. Chairman, CEO and President of
Detection Systems, Inc.
d. Criminal Proceedings. None.
e. Civil Proceedings. None.
f. Citizenship. United States of America
Item 3. Source and Amount of Funds or Other Consideration. N/A
Item 4. Purpose of Transaction.
Item 5. Interest in Securities of the Issuer.
a. Aggregate Amount Beneficially Owned: 579,561(2) or 8.4% of class
As disclosed in the Schedule 13D/A filed by Mr. Kostusiak on December 13,
2000, Mr. Kostusiak entered into a Voting and Option Agreement, dated as of
December 10, 2000 with David B. Lederer and Robert Bosch GmbH ("Parent").
Parent subsequently assigned all of its rights and obligations under such
agreement to its wholly-owned subsidiary, Bosch Security Systems
Corporation ("Purchaser"). Due to the Voting and Option Agreement and the
subsequent transfer of certain shares by Mr. Lederer to the Rochester Area
Community Foundation ("RACF"), Mr. Kostusiak may be deemed to have formed a
"group" within the meaning of Section 13(d) of the Exchange Act with Mr.
Lederer, Parent, Purchaser and RACF. Under Exchange Act Rule 13d-5(b)(1),
each member of such group would be deemed to beneficially own all shares
owned by each other member of such group. Thus, each of Messrs. Kostusiak
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(2) Includes 179,840 shares which may be acquired by Mr. Kostusiak
upon retirement pursuant to the Company's Deferred Compensation
and Deferred Stock Bonus Plans and 16,000 shares which may be
aquired upon the exercise of warrants and options.
and Lederer, Parent, Purchaser and RACF may be deemed to own 2,831,317
shares, constituting 32.7% of the outstanding shares. Mr. Kostusiak hereby
expressly declares that the filing of this statement shall not be construed
as an admission that he is, for the purposes of Sections 13(d) and (g) of
the Exchange Act, the beneficial owner of any securities covered by this
Schedule 13D/A, other than the 579,561 shares set forth in the first line
of this Item a.
b. Number of Shares as to which such person has:
1. sole power to vote or to direct the vote:
2. shared power to vote or to direct the vote: 383,721
3. sole power to dispose or to direct the disposition of:
4. shared power to dispose or to direct the disposition of: 383,721
c. Transactions effected during the past 60 days.
d. Other Persons Having Right to Receive or Direct.
e. Date on Which Reporting Person Ceased to be 5% Holder.
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
Item 7. Material to be Filed as Exhibits.
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.
January 17, 2001
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(Date)
/s/ Karl H. Kostusiak
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(Signature)
Karl H. Kostusiak, Chairman, President & CEO
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(Name/Title)
