OMB APPROVAL
OMB Number: 3235-0145
Expires: August 31, 1999
Estimate average burden
hours per response.....14.90
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ___)*
CHECK TECHNOLOGY CORP.
---------------------------------
(Name of Issuer)
COMMON STOCK $.10 PAR VALUE
---------------------------------
(Title of Class of Securities)
162780100
---------------------------------
(CUSIP Number)
1284 CORPORATE CENTER DRIVE, ST. PAUL, MN 612454-9300
-------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
10/7/99
---------------------------------
(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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7 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).
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays
a currently valid OMB control number.
<PAGE>
CUSIP No. 162780100
1) Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Annette J. Brenner ###-##-####
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
3) SEC Use Only
4) Source of Funds (See Instructions)
PF
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
6) Citizenship or Place of Organization
USA
Number of Shares Beneficially Owned by Each Reporting Person With
(7) Sole Voting Power
132,900
(8) Shared Voting Power
(9) Sole Dispositive Power
(10) Shared Dispositive Power
11) Aggregate Amount Beneficially Owned by Each Reporting Person
386,000*
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
13) Percent of Class Represented by Amount in Row (11)
6.2
14) Type of Reporting Person (See Instructions)
IN
* Includes 253,100 shares owned by spouse for which Reporting Person disclaims
beneficial ownership.
<PAGE>
CUSIP No. 162780100
1) Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Fred H. Brenner
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
3) SEC Use Only
4) Source of Funds (See Instructions)
PF
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
6) Citizenship or Place of Organization
USA
Number of Shares Beneficially Owned by Each Reporting Person With
(7) Sole Voting Power
253,100
(8) Shared Voting Power
(9) Sole Dispositive Power
(10) Shared Dispositive Power
11) Aggregate Amount Beneficially Owned by Each Reporting Person
386,000*
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
13) Percent of Class Represented by Amount in Row (11)
6.2
14) Type of Reporting Person (See Instructions)
IN
* Includes 132,900 shares owned by spouse for which Reporting Person disclaims
beneficial ownership.
<PAGE>
ITEM 1. SECURITY AND ISSUER
This statement relates to shares of Common Stock (the "Shares") of
Check Technology Corp. The address of the principal executive office of Check
Technology Corp. is 12500 Whitewater Drive, Minnetonka, MN 55343-9420.
ITEM 2. IDENTITY AND BACKGROUND
(a) Annette J. Brenner and Fred H. Brenner are the Reporting Persons
filing this statement.
(b) The residence address of the Reporting Persons is 514 N. Wynnewood
Avenue, Wynnewood, PA 19096.
(c) The Reporting Persons have no business address as they have
retired from employment.
(d) The Reporting Persons have not during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) The Reporting Persons have not during the last five years, been
party to a civil proceeding of a judicial administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to federal or securities laws or finding any
violation with respect to such laws.
(f) The individual Reporting Persons are United States citizens.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The Reporting Persons have purchased the Shares over a period of time
at purchase prices ranging from $1-7/8 to $6-1/4 per share. The shares were
purchased by the Reporting Persons using personal funds.
ITEM 4. PURPOSE OF TRANSACTION
The Shares were acquired for investment purposes. The Reporting
Persons intend to hold all of the Shares to which this Schedule 13D relates for
investment purposes. Each Reporting Person intends to review on a continuing
basis his/her investment in the Issuer and the Issuer's business. The Reporting
Persons are not currently considering the acquisition, directly or indirectly,
of additional Shares. Whether the Reporting Persons purchase additional Shares
or sells Shares will depend upon his/her evaluation of pertinent factors,
<PAGE>
including without limitation, the market for the sale of Shares at particular
price levels, the business and prospects of the Issuer, economic and stock
market conditions, and other business and investment opportunities available to
the Reporting Persons. Depending upon his/her assessment of these factors from
time to time, the Reporting Persons may change his/her present intention as
stated above by possibly determining to acquire additional Shares or dispose of
some or all of the Shares held by him/her.
The Reporting Persons do not currently have any plans or proposals
which relate to or would result in (i) an extraordinary corporate transaction,
such as a merger, reorganization or liquidation of the Issuer, (ii) a sale or
transfer of a material amount of the assets of the Issuers, (iii) any change in
the present board of directors or management of the Issuer, (iv) any material
change in the present capitalization or dividend policy of the Issuer, (v) any
other material change in the Issuer's business or corporate structure, including
but not limited to, if the issuer is a registered closed-end investment company,
any plans or proposals to make any changes in the Issuer's investment policy for
which a vote is required by Section 13 of the Investment Company Act of 1940,
(vi) any change in the Issuer's charter, bylaws or other actions which may
impede the acquisition or control of the Issuer by any person, (vii) any of the
securities of the Issuer's securities ceasing to be authorized to be quoted in
an inter-dealer quotation system of a registered national securities
association, (viii) any of the Issuer's securities becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934, as amended, or (ix) any act similar to any of those
enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) and (b) Annette J. Brenner beneficially owns 132,900 shares
representing 2.1% of the Issuer's Common Stock. Fred H. Brenner beneficially
owns 253,100 shares representing 4.1% of the Issuer's Common Stock. Together,
Annette and Fred Brenner own 386,000 Shares of the Issuer's Common Stock. For
purposes of this Schedule 13D, each of the Reporting persons is including Shares
beneficially held by their spouse, although each Reporting person disclaims
beneficial ownership of such shares. Each Reporting person has the sole power to
vote or to direct the vote and sole power to dispose or direct the disposition
of the Shares beneficially owned by him/her.
2
<PAGE>
(c) The following transactions in the Common Stock were effected by
the Reporting person named below during the past 60 days:
<TABLE>
<CAPTION>
Date of Amount Price Per
Acquisition Purchased Share
<S> <C> <C> <C>
(i) Annette J. Brenner 8/30/99 9,500 $2-9/16
8/30/99 8,500 2-1/2
8/31/99 1,800 2-7/16
10/7/99 1,900 2-3/8
10/14/99 2,100 2-3/8
10/20/99 11,600 2-1/4
10/20/99 1,000 2-3/16
10/21/99 2,000 2-5/16
10/21/99 2,000 2-1/4
10/21/99 5,000 2-1/8
10/22/99 16,000 2-1/16
10/22/99 4,000 2
10/25/99 5,000 2-1/16
10/25/99 2,500 2
(ii) Fred H. Brenner 9/1/99 1,000 2-7/16
9/2/99 1,100 2-7/16
10/19/99 3,200 2-7/32
10/21/99 5,000 2
10/22/99 3,000 2-1/8
10/22/99 16,000 2-1/16
10/25/99 4,000 2-1/16
10/26/99 3,000 1-15/16
</TABLE>
All transactions were effected through the Reporting Persons' broker, Paine
Webber, through the Broker's offices in Radnor, PA.
(d) None
(e) Inapplicable
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None.
3
<PAGE>
ITEM 7. EXHIBITS.
None.
4
<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.
October 26, 1999 /s/ Annette J. Brenner
- --------------------- -----------------------
Date Annette J. Brenner
5
<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.
October 26, 1999 /s/ Fred H. Brenner
- --------------------- -----------------------
Date Fred H. Brenner
6
