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OMB APPROVAL
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OMB Number 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
FISHER MARK B.
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(Last) (First) (Middle)
12 E. 49th Street, 35th Floor
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(Street)
New York New York 10017
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
7/29/97
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
LogiMetrics, Inc. (LGMTA)
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5 Relationship of Reporting Person to Issuer
(Check all applicable)
[ X ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[ X ] Form Filed by One Reporting Person
[ ] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
Common Stock, par value $.01 per share 120,000 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v).
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security cisable Date Title Shares Security (Instr.5) (Instr. 5)
(Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C>
$107,029.00 principal 07/29/97 07/29/99 Common Stock 256,870 $.41667 D
amount of Class A 13%
Convertible Senior
Subordinated Pay-In-Kind
Debentures Due 1999
$214,058.00 principal 07/29/97 07/29/99 Common Stock 513,740* $.41667 I Through MBF
amount of Class A 13% Broadband
Convertible Senior Systems, L.P.
Subordinated Pay- In-Kind
Debentures Due 1999
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Series A Warrants 07/29/97 07/29/04 Common Stock 60,000 $.25 D
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Series B Warrants 07/29/97 07/29/04 Common Stock 520,000 $.25 D
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Series G Warrants 07/29/97 07/29/04 Common Stock 241,935 $.50 D
500,000 I Through MBF
Capital Corp.
483,871* I Through MBF
Broadband
Systems, L.P.
500,000** I Through Phineas
Broadband
Systems, L.P.
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Series H Warrants 07/29/97 07/29/04 Common Stock 12,943 $.60 D
25,886* I Through MBF
Broadband
Systems, L.P.
1,000,000** I Through Phineas
Broadband
Systems, L.P.
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Series I Warrants 07/29/97 07/29/04 Common Stock 6,472 $1.125 D
12,943* I Through MBF
Broadband
Systems, L.P.
500,000** I Through Phineas
Broadband
Systems, L.P.
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</TABLE>
Explanation of Responses:* Represents $214,058.00 principal amount of
Debentures, 483,871 Series G Warrants, 25,886 Series H Warrants and 12,943
Series I Warrants which MBF Broadband Systems, L.P. has the right to purchase
for 21 days after July 29, 1997, unless extended.
** Includes 116,279 Series G Warrants, 232,558 Series H Warrants and 116,279
Series I Warrants that Phineas Broadband Systems, L.P. has the right to purchase
until April 29, 1998.
/s/ Mark B. Fisher 8/11/97
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient. See Instruction 6 for procedure.
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 Number.
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SEC 1473 (8/92)