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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 13)*
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COOPER DEVELOPMENT COMPANY
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
216655-20-9
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(CUSIP Number)
Parker G. Montgomery, 4036 Foothill Road, Carpinteria, CA 93103 (805) 684-0877
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
February 5, 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 this 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).
Page 1 of 4 Pages
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CUSIP NO. 216655-20-9 SCHEDULE 13D PAGE 2 OF 4 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Parker Gilbert Montgomery
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
PF
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
U.S.A.
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SOLE VOTING POWER
7
NUMBER OF 1,089,148
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY
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EACH SOLE DISPOSITIVE POWER
9
REPORTING 1,089,148
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,089,148
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
12 SHARES* [_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
30%
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TYPE OF REPORTING PERSON*
14
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 3 of 4 Pages
MONTGOMERY/COOPER DEVELOPMENT COMPANY
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INFORMATION STATEMENT
ON SCHEDULE 13D
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Item 1. Security and Issuer:
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Warrants to purchase Common Stock of
Cooper Development Company
16160 Caputo Drive
Morgan Hill, CA 95037
Item 2. Identity and Background:
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(a) Parker G. Montgomery
(b) 4036 Foothill Road, Carpinteria, CA 93103
(c) Mr. Montgomery is the Chairman of the Board and President of
Cooper Development Company.
(d) None
(e) None
(f) U.S.A.
Item 3. Source and Amount of Funds or Other Consideration:
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The warrants to purchase common stock were issued in consideration of
the fourth draw of $500,000 under a $2,000,000 line of credit.
Item 4. Purpose of Transaction:
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Mr. Montgomery is currently reporting the acquisition of warrants
to purchase 125,000 shares of the Issuer's common stock which
warrants were issued in connection with the provision by Mr.
Montgomery of the fourth draw of $500,000 under a $2,000,000 line
of credit. The warrants to purchase 125,000 shares of the
Issuer's common stock acquired by Mr. Montgomery and reported
hereby were acquired for investment purposes.
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Item 5. Interest in Securities of the Issuer:
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(a) As of February 5, 1996, Mr. Montgomery owned beneficially or of
record 1,089,148 shares (30%) of the Issuer's common stock. Mr.
Montgomery has the right to acquire an additional 728,370 shares
of the Issuer's Common Stock upon the conversion of an aggregate
of $1,474,049 principal amount of the Issuer's promissory notes
held by him. If Mr. Montgomery and holders of the aggregate
principal amount of similar notes which are outstanding were to
convert such notes, Mr. Montgomery would then own an aggregate of
1,817,518 shares (35.73%) of the Issuer's Common Stock. If,
following such conversion of the notes, Mr. Montgomery and
holders of similar warrants which are currently outstanding were
to exercise such warrants, Mr. Montgomery would then own an
aggregate of 2,817,518 shares (39.76%) of the Issuer's Common
Stock.
(b) N/A
(c) N/A
(d) None
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
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to Securities of the Issuer:
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N/A
Item 7. Material to be filed as Exhibits:
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N/A
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.
February 8, 1996 /s/ Parker G. Montgomery
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Parker G. Montgomery
