UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
STREAMLOGIC CORPORATION (formerly Micropolis Corporation)
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(Name of Issuer)
Common Stock, Par Value $1.00 per Share
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(Title of Class of Securities)
594907107
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(CUSIP Number)
Richard C. Perry, 2635 Century Parkway, N.E., Suite 1000,
Atlanta, GA 30345, (404) 321-5347
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
May 30, 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 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 / /.
Check the following box if a fee is being paid with the statement / /.
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five
percent of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-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).
SCHEDULE 13D
CUSIP No. 594907107 Page 2 of 5 Pages
1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
RICHARD C. PERRY
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
3 SEC USE ONLY
4 SOURCE OF FUNDS*
NOT APPLICABLE
5 CHECK BOX IF CLOSURE 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
349,500
8 SHARED VOTING POWER
9 SOLE DISPOSITIVE POWER
349,500
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
349,500
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.25%
14 TYPE OF REPORTING PERSON*
IN
Item 1. Security and Issuer
The class of securities to which this amended Schedule 13D relates is the
common stock, par value $1.00 per share (the "Stock"), of StreamLogic
Corporation, a Delaware corporation (the "Company"), whose address is:
21211 Nordhoff Street
Chatsworth, California 91311
Item 2. Identity and Background
a. Richard C. Perry (the "reporting person").
b. Business Address: 2635 Century Parkway, N.E., Suite
1000, Atlanta, Georgia 30345.
c. President, Perry & Co. (an insurance premium finance
management company), 2635 Century Parkway, N.E., Suite
1000, Atlanta, Georgia 30345.
d. The reporting person has never been the subject of a
criminal proceeding (excluding traffic violations or
similar misdemeanors).
e. The reporting person is not and has never been subject
to any judgment, decree or order enjoining future
violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding
any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
Not applicable.
Item 4. Purpose of Transaction
The Stock acquired by the reporting person (as previously reported)
was purchased for investment purposes. The reporting person has determined to
reduce his holdings of the Stock. The reporting person may make additional
purchases or may dispose of some or all of the Stock owned by him in the
future in amounts and at times which have not been determined. The reporting
person has no present plans with regard to the Company other than as an
investor in the Stock.
Item 5. Interest in Securities of the Issuer
a. The reporting person is presently the beneficial owner
of 349,500 shares of the Stock (believed by the
reporting person to represent 2.25% of the presently
issued and outstanding shares of the Company's common
stock).
b. The reporting person has sole voting power and sole
power to dispose or direct the disposition of and sole
right to receive dividends from or proceeds from the
sale of the Stock.
c. All shares beneficially owned by the reporting person
were acquired in open market transactions as previously
reported.
d. No other person is known to have the right to receive or
the power to direct the receipt of dividends from, or
the proceeds from the sale of, such securities.
e. Not applicable
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
There are no contracts, arrangements, understandings or
relationships (legal or otherwise) between the reporting person and any other
person with respect to the securities of the Company.
Item 7. Material to be Filed as Exhibits
There are no exhibits with this Amendment No. 2.
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.
June 3, 1996
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Date
/s/ Richard C. Perry
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Signature
Richard C. Perry, Chairman
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Name/Title
