Signed and page numbered in accordance with Rule 0-3(b). Page 1 of 6.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)
AW Computer Systems, Inc.
(Name of Issuer)
Class A Common Shares
(Title of Class of Securities)
002448108
(CUSIP Number)
Charles F. Trapp
c/o AW Computer Systems, Inc., 9000A Commerce Parkway, Mt. Laurel,
NJ 08054 609-234-3939
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
December 2, 1997
(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 the 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>
Signed and page numbered in accordance with Rule 0-3(b). Page 2 of 6.
CUSIP NO.002448108
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Charles J. McMullin
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: [ ](a)
[ ](b)
3. SEC USE ONLY:
4. SOURCE OF FUNDS:
5. PF, OO
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e): [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION:
USA
7. SOLE VOTING POWER:
774,500
NUMBER OF 8. SHARED VOTING POWER:
SHARES None
BENEFICIALLY
OWNED BY 9. SOLE DISPOSITIVE POWER
EACH 774,500
REPORTING
PERSON 10. SHARED DISPOSITIVE POWER
WITH None
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
774,500
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[ ]*
13. PERCENT OF CLASS REPRESENTED BY AMOUNT OF ROW (11):
10.6%
14. TYPE OF REPORTING PERSON:
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE,
RESPONSES TO ITEM 1-7 (INCLUDING
EXHIBITS) OF THE SCHEDULE, AND THE
SIGNATURE ATTESTATION.
<PAGE>
Signed and page numbered in accordance with Rule 0-3(b). Page 3 of 6.
AMENDMENT TO SCHEDULE 13D
This Amendment No. 4 to Schedule 13D relates to the Class A Common Shares, $.01
par value (the "Common Shares"), of AW Computer Systems, Inc. (the "Issuer"), a
New Jersey corporation whose principal executive offices are located at 9000A
Commerce Parkway, Mount Laurel, New Jersey 08054. This Amendment No. 4 to
Schedule 13D amends Amendment No. 3 dated October 6, 1997 and filed with the
Securities and Exchange Commission (the "SEC") on or about that date. Amendment
No. 2 dated April 28, 1997 amends the Schedule 13D of Charles J. McMullin, dated
September 20, 1996 and filed with the SEC on or about that date, (such schedule,
the "Original Schedule"), as previously amended by Amendment No. 1 to the
Original Schedule, dated April 7, 1997 and filed with the SEC on or about that
date.
Item 3. Source and Amount of Funds or Other Consideration.
The following table sets forth the sources and amount of funds or other
consideration used to pay for the Common Shares and warrants and
options to purchase Common Shares listed below:
<TABLE>
<CAPTION>
Securities Purchase
Purchased Date of Price or
(e.g. Shares, Purchase Number of Other Source
Options, Warrants) or Grant Securities Consideration of Funds
<S> <C> <C> <C> <C>
Options 04/07/97 1,100,000 Service as an Not Applicable
Officer(1)
Options 10/06/97 (850,000) Service as an Not Applicable
Officer(2)
Warrants 04/28/97 70,000 $35,000(3) Personal Funds
Warrants 12/2/97 37,500 $12,500(4) Personal Funds
<FN>
(1) The exercise price is $0.65 per share.
(2) Amendment to the option grant of April 7, 1997 from 1,100,000
to 250,000 options.
(3) In connection with a private placement of units by the Issuer
in April 1997, Mr. McMullin purchased 350 units, consisting of
350 shares of Series A 10% Redeemable Preferred Stock and
related warrants to purchase 70,000 Common Shares at $0.50 per
share, for an aggregate purchase price of $35,000. Each unit
has a purchase price of $100. The warrants are exercisable
commencing on April 28, 1997 and ending on April 27, 1999.
(4) In connection with a private placement of units by the Issuer
on December 2,1997, Mr. McMullin purchased 125 shares of
Series A 10% Redeemable Preferred Stock and related warrants
to purchase 37,500 Common Shares at $0.40 per share, for an
aggregate purchase price of $12,500. The warrants are
exercisable commencing on December 2, 1997 and ending on
December 1, 1999.
</FN>
</TABLE>
<PAGE>
Signed and page numbered in accordance with Rule 0-3(b). Page 4 of 6.
Item 4. Purpose of Transaction.
Mr. McMullin's investment in the Company is held as a passive
investment. Mr. McMullin may acquire additional shares of the Company
if further securities can be acquired upon terms satisfactory to Mr.
McMullin. Mr. McMullin intends to review his investment position from
time-to-time. Depending upon such review, market conditions and other
factors, Mr. McMullin may choose to increase his position, maintain his
present level of investment or sell all or a portion of, his investment
in the Company.
Item 5. Interest in Securities of the Issuer.
(a) Mr. McMullin beneficially owns an aggregate of 774,500 Common
Shares, or 10.6% of the outstanding Common Shares as of
December 2, 1997, including 638,500 Common Shares which Mr.
McMullin has the right to acquire within 60 days pursuant to
options and warrants.
(b) Mr. McMullin has the sole power to vote or to direct the vote
of 136,000 Common Shares. The 638,500 Common Shares held
subject to options and warrants do not carry any voting rights
unless and until such warrants and options are exercised. Mr.
McMullin has sole power to dispose or to direct the
disposition of 136,000 Common Shares and options and warrants
to purchase 638,500 Common Shares.
(5) In connection with a private placement of units by the Issuer
in December 2,1997, Mr. McMullin purchased 125 shares of
Series A 10% Redeemable Preferred Stock and related warrants
to purchase 37,500 Common Shares at $0.40 per share, for an
aggregate purchase price of $12,500. The warrants are
exercisable commencing on December 2, 1997 and ending on
December 1, 1999.
On April 7, 1997, Mr. McMullin received a grant of options to
purchase 1,100,000 Common Shares, at an exercise price of
$0.65 per share, with a term of five years from the date of
grant. The options were granted by the Issuer as compensation
for his services as an officer.
On April 28, 1997, Mr. McMullin purchased 350 units,
consisting of 350 shares of Series A 10% Redeemable Preferred
Stock and related warrants to purchase 70,000 Common Shares at
$0.50 per share, for an aggregate purchase price of $35,000.
Each unit has a purchase price of $100.
On October 6, 1997, the Board of Directors amended the April
7, 1997 option grant from 1,100,000 to 250,000 options.
The only transactions involving Common Shares effected by Mr.
McMullin during the past 60 days are the ones reflected above.
<PAGE>
Signed and page numbered in accordance with Rule 0-3(b). Page 5 of 6.
(d) Not Applicable.
(e) Not Applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships
With Respect to Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits.
None.
<PAGE>
Signed and page numbered in accordance with Rule 0-3(b). Page 6 of 6.
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Date: December 2, 1997 /s/Charles J. McMullin
Charles J. McMullin
