SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE l3D
Under the Securities Exchange Act of 1934
(Amendment No. 19)*
ELECTROMAGNETIC SCIENCES, INC.
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(Name of Issuer)
Common Stock, par value $.10 per share
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(Title of Class of Securities)
285397105
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(CUSIP Number)
with a copy to:
David A. Rocker Robert G. Minion, Esq.
Suite 1759 Lowenstein, Sandler, Kohl,
45 Rockefeller Plaza Fisher & Boylan, P.A.
New York, New York 10111 65 Livingston Avenue
(212) 397-1220 Roseland, New Jersey 07068
(201) 992-8700
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(Name, Address and Telephone Number
of Person Authorized to Receive
Notices and Communications)
December 27, 1996
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(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule l3G 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 l3d-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).
CUSIP NO. 285397105
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1) Names of Reporting Persons (S.S. or I.R.S. Identification Nos. of Above
Persons):
David A. Rocker ###-##-####
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2) Check the Appropriate Box if a Member of a Group (See Instructions):
(a) Not
(b) Applicable
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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):
Not Applicable
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6) Citizenship or Place of Organization:
United States
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Number of 7) Sole Voting Power: 440,200*
Shares Beneficially ----------------------------------------------
Owned by 8) Shared Voting Power: 0
Each Reporting -----------------------------------------------
Person With: 9) Sole Dispositive Power: 440,200*
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10) Shared Dispositive Power: 0
-----------------------------------------------
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11) Aggregate Amount Beneficially Owned by Each Reporting Person:
440,200*
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12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions):
Not Applicable
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13) Percent of Class Represented by Amount in Row
(11): 5.81%*
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14) Type of Reporting Person (See Instructions): IA, IN
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* 397,000 shares (5.23%) of Electromagnetic Sciences, Inc. are owned by
Rocker Partners, L.P., a New York limited partnership. 43,200 shares
(0.57%) of Electromagnetic Sciences, Inc. are owned by Compass Holdings,
Ltd., a corporation organized under the International Business Companies
Ordinance of the British Virgin Islands. David A. Rocker serves as the sole
managing partner of Rocker Partners, L.P. and, through Rocker Offshore
Management Company, Inc., as investment adviser to Compass Holdings,
Ltd. See Item 5 for further information on the computation of percentages
set forth herein.
Item 5. Interest in Securities of the Issuer.
Based upon the information contained in Electromagnetic Sciences, Inc.'s
quarterly report on Form 10-Q for the quarterly period ended September 30, 1996,
there were issued and outstanding 7,578,013 shares of Electromagnetic Sciences,
Inc. common stock as of November 13, 1996. As of December 27, 1996, Rocker
Partners, L.P. owned 397,000 of such shares, or 5.23% of those outstanding and
Compass Holdings, Ltd. owned 43,200 of such shares, or 0.57% of those
outstanding. David Rocker possesses sole power to vote and direct the
disposition of all shares of Electromagnetic Sciences, Inc. common stock owned
by Rocker Partners, L.P. and Compass Holdings, Ltd. The following table details
the transactions by each of Rocker Partners, L.P. and Compass Holdings, Ltd. in
shares of Electromagnetic Sciences, Inc. common stock during the past 60 days:
A. Rocker Partners, L.P.
Date Quantity Price
(Purchases)
October 31, 1996 10,000 $17.64
October 31, 1996 5,000 $17.75
November 1, 1996 2,500 $17.75
November 4, 1996 2,500 $17.12
November 5, 1996 2,500 $17.18
November 5, 1996 3,000 $17.18
November 5, 1996 1,000 $17.21
November 6, 1996 4,000 $17.12
November 6, 1996 3,000 $17.16
November 6, 1996 3,000 $17.18
November 7, 1996 5,000 $17.06
November 11, 1996 2,500 $17.06
November 11, 1996 7,800 $16.56
November 12 1996 2,000 $17.31
November 18, 1996 5,000 $18.00
November 14, 1996 2,000 $17.62
November 19, 1996 7,000 $17.90
November 20, 1996 6,600 $18.06
November 21, 1996 2,200 $19.18
November 25, 1996 2,500 $20.43
November 25, 1996 2,200 $20.46
November 25, 1996 2,600 $20.51
November 26, 1996 2,400 $20.33
November 26, 1996 5,000 $20.37
November 29, 1996 1,000 $20.62
November 29, 1996 2,500 $20.75
December 2, 1996 4,000 $21.25
December 3, 1996 1,500 $21.41
December 3, 1996 4,000 $21.50
December 6, 1996 1,000 $20.12
December 9, 1996 3,000 $20.50
December 9, 1996 3,000 $21.22
December 9, 1996 1,500 $21.50
December 10, 1996 2,000 $21.06
December 11, 1996 5,000 $20.25
December 12, 1996 1,500 $20.02
December 17, 1996 5,100 $18.80
December 18, 1996 5,000 $18.75
December 23, 1996 10,000 $18.31
(Sales)
October 31, 1996 5,000 $17.76
November 1, 1996 10,300 $17.50
November 20, 1996 17,500 $118.62
November 21, 1996 26,000 $19.25
December 10, 1996 15,000 $21.42
December 10, 1996 9,000 $21.30
December 11, 1996 2,000 $20.25
December 13, 1996 8,000 $20.43
December 13, 1996 3,000 $20.31
December 27, 1996 236,794 $18.25
B. Compass Holdings, Ltd.
Date Quantity Price
(Purchases)
October 31, 1996 2,000 $17.64
November 5, 1996 1,200 $17.21
November 6, 1996 900 $17.15
November 6, 1996 2,000 $17.18
November 19, 1996 1,500 $17.90
November 20, 1996 2,500 $17.68
November 21, 1996 300 $19.54
November 22, 1996 10,000 $19.50
November 22, 1996 100 $21.12
December 2, 1996 1,400 $21.00
December 9, 1996 2,000 $20.50
December 11, 1996 100 $20.25
December 13, 1996 600 $20.27
December 23, 1996 1,000 $18.31
December 23, 1996 100 $18.62
December 24, 1996 100 $18.12
(Sales)
November 13, 1996 150 $17.87
November 20, 1996 2,000 $18.50
November 20, 1996 2,000 $18.50
November 21, 1996 2,200 $19.25
November 22, 1996 13,000 $20.38
November 25, 1996 1,000 $20.62
December 2, 1996 2,000 $21.25
December 4, 1996 3,500 $21.62
December 10, 1996 1,300 $21.30
December 10, 1996 1,500 $21.40
December 27, 1996 12,256 $18.25
Signature
After reasonable inquiry and to the best of the undersigned's knowledge and
belief, the undersigned hereby certifies that the information set forth in this
statement is true, complete and correct.
Dated: December 30, 1996
/s/ David A. Rocker
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David A. Rocker, individually,
as managing partner of Rocker
Partners, L.P., and as
president of Rocker Offshore
Management Company, Inc., the
investment adviser to Compass
Holdings, Ltd.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
