United States
Securities and Exchange Commission
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Name of Issuer: SUPERTEX, INC.
Title of Class of Securities: COMMON STOCK
CUSIP Number: 8685-32102
Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications:
Jackie Enriquez
1235 Bordeaux Dr.
Sunnyvale, CA 94088-3607
Date of Event which Requires Filing of this Statement:
December 31, 1996 (Calendar Year End Reporting)
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 _X_.
Check the following box if a fee is being paid with this
statement ___. (A fee is not required only if the filing person:
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item1; 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 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 the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities 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 7 pages
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SCHEDULE 13D
CUSIP No. 8685-32102 Page 2 of 7 pages
1. Name of Reporting Person:
Push, Inc., a British Virgin Islands corporation
S.S. or I.R.S. Identification No. of Above Person:
inapplicable
2. Check the appropriate box if a member of a group*
Inapplicable -not a group.
3. SEC USE ONLY
4. Source of Funds: 00 - Other. Direct Transfer of shares
by Yunni Pao - 100% owner of Push, Inc. from his personal
holdings of Supertex shares.
5. Check box if disclosure of legal proceedings is requires
pursuant to items 2(d) or 2(e).
Inapplicable
6. Citizenship or place of organization: British Virgin Islands
NUMBER OF SHARES 7. Sole Voting Power: 1,615,552 shares
BENEFICIALLY OWNED 8. Shared Voting Power: 0
BY EACH REPORTING 9. Sole Dispositive Power: 1,615,552 shares
PERSON WITH 10. Shared Dispositive Power: 0
11. Aggregate amount beneficially owned by each reporting
person: 1,615,552 shares
12. Check box if the aggregate amount in row (11) excludes
certain shares*
Not Applicable
13. Percent of Class represented by amount in Row 9: 13.37%
14. Type of Reporting Person: CO
<PAGE>
INSTRUCTIONS FOR SCHEDULE 13D
Instructions for Cover Page
(1) NAMES AND SOCIAL SECURITY NUMBERS OF REPORTING PERSONS -
Furnish the full legal name of each person for whom the
report is filed - i.e. each person required to sign the
schedule itself- including each member of a group. Do not
include the name of a person required to be identified in
the report but who is not a reporting person. Reporting
persons are also requested to furnish their Social Security
or I.R.S. identification numbers, although disclosure of
such numbers is voluntary, not mandatory (see "SPECIAL
INSTRUCTIONS FOR COMPLYING WITH THE SCHEDULE 13D," below).
(2) If any of the shares beneficially owned by a reporting
person are held as a member of a group and such membership
is expressly affirmed, please check row 2(a). If the
membership in a group is disclaimed or the reporting person
describes a relationship with other persons but does not
affirm the existence of a group, please check row 2(b)
[unless a joint filing pursuant to Rule 13d-1(f)(1) in which
case it may not
be necessary to check row 2(b)].
(3) The third row is for SEC internal use; please leave blank.
(4) Classify the source of funds or other consideration used or
to be used in making purchases required to be disclosed
pursuant to Item 3 of Schedule 13D and insert the
appropriatesymbol (or symbols if more than one is necessary
in row (4):
Category of Source Symbol
Subject Company (Company whose
securities are being acquired) . . . . . . . . . . . . . . SC
Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . BK
Affiliate (of reporting person) . . . . . . . . . . . . . AF
Working Capital (of reporting person) . . . . . . . . . . WC
Personal Funds (of reporting person) . . . . . . . . . . . PF
Other . . . . . . . . . . . . . . . . . . . . . . . . . . OO
(5) If disclosure of legal proceedings or actions is required
pursuant to either Items 2(d) or 2(e) of Schedule 13D, row 5
should be checked.
(6) CITIZENSHIP OR PLACE OF ORGANIZATION - Furnish citizenship
if the named reporting person is a natural person.
Otherwise, furnish place of organization.
(See Item 2 of Schedule 13D)
(7) - (11), (13) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON, ETC. - Rows (7) through (11) inclusive, and
(13) are to be completed in accordance with the provisions of
Item 5 of Schedule 13D. All percentages are to be rounded off
to the nearest tenth (one place after decimal point).
(12) Check if the aggregate amount reported as beneficially
owned in row (11) does not include shares as to which
beneficial ownership is disclaimed pursuant to Rule 13D-4
[17 CFR 240.13d-4] under the Securities Exchange Act of
1934.
(14) TYPE OF REPORTING PERSON - Please classify each "reporting
person" according to the following breakdown (see Item 3 of
Schedule 13G) and place the appropriate symbol on the form:
CATEGORY SYMBOL
Broker Dealer . . . . . . . . . . . . . . . . . . . . . BD
Bank . . . . . . . . . . . . . . . . . . . . . . . . . BK
Insurance Company . . . . . . . . . . . . . . . . . . IC
Investment Company . . . . . . . . . . . . . . . . . . IV
Investment Adviser . . . . . . . . . . . . . . . . . . IA
Employee Benefit Plan, Pension
Fund, or Endowment Fund . . . . . . . . . . . . . . . . EP
Parent Holding Company . . . . . . . . . . . . . . . . HC
Corporation . . . . . . . . . . . . . . . . . . . . . . CO
Partnership . . . . . . . . . . . . . . . . . . . . . . PN
Individual . . . . . . . . . . . . . . . . . . . . . . IN
Other . . . . . . . . . . . . . . . . . . . . . . . . . OO
NOTES:
Attach as many copies of the second part of the cover page as
are needed, one reporting person per page.
Page 3 of 7
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Filing persons may, in order to avoid unnecessary duplication,
answer items on the schedules (Schedule 13D, 13G or 14D-1) by
appropriate cross references to an item or items on the cover
page(s). This approach may only be used where the cover page
item or items provide all the disclosure required by the
schedule item. Moreover, such a use of a cover page item will
result in the item becoming a part of the schedule and
accordingly being considered as "filed" for purposes of Section
18 of the Securities Exchange Act or otherwise subject to the
liabilities of that section of the Act.
Reporting persons may comply with their cover page filing
requirements by filing either completed copies of the blank
forms available from the Commission, printed or typed
facsimiles, or computer printed facsimiles, provided the
documents filed have identical formats to the forms prescribed
in the Commission's regulations and meet existing Securities
Exchange Act rules as to such matters as clarity and size
(Securities Exchange Act Rule 12b-12).
SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13D
Under Sections 13(d), 13(g), and 23 of the Securities Exchange
Act of 1934 and the rules and regulations thereunder, the
Commission is authorized to solicit the information required to
be supplied by this schedule by certain security holders of
certain issuers.
Disclosure of the information specified in this schedule is
mandatory, except for Social Security or I.R.S. identification
numbers, disclosure of which is voluntary. The information will
be used for the primary purpose of determining and disclosing
the holdings of certain beneficial owners of certain equity
securities. This statement will be made a matter of public
record. Therefore, any information given will be available for
inspection by any member of the public
Because of the public nature of the information, the Commission
can utilize it for a variety of purposes, including referral to
other governmental authorities or securities self-regulatory
organizations for investigatory purposes or in connection with
litigation involving the Federal securities laws or other civil,
criminal or regulatory statutes or provisions. Social Security
or I.R.S. identification numbers, if furnished, will assist the
Commission in identifying security holders and, therefore, in
promptly processing statements of beneficial ownership of
securities.
Failure to disclose the information requested by this schedule,
except for Social Security or I.R.S. identification numbers, may
result in civil or criminal action against the persons involved
for violation of the Federal securities laws and rules
promulgated thereunder.
GENERAL INSTRUCTIONS
A. The item numbers and captions of the item shall be included
but the text of the items is to be omitted. The answers to
the items shall be so prepared as to indicate early the
coverage of the items without referring to the text of the
items. Answer every item. If an items is inapplicable or
the answer is in the negative, so state.
B. Information contained in exhibits to the statements may be
incorporated by reference in answer or partial answer to any
item or sub-item of the statement unless it would render
such answer misleading, incomplete, unclear or confusing.
Matter incorporated by reference shall be clearly identified
in the reference by page, paragraph, caption or otherwise.
An express statement that the specified matter is
incorporated by reference shall be made at the particular
place in the statement where the information is required. A
copy of any information or a copy of the pertinent pages of
a document containing such information which is incorporated
by reference shall be submitted with this statement as an
exhibit and shall be deemed to be filed with the Commission
for all purposes of the Act.
C. If the statement is filed by a general or limited
partnership, syndicate, or other group, the information
called for by Items 2-6, inclusive, shall be given with
respect to (I) each partner of such general partnership; (ii)
each partner who is denominated as a general partner or who
functions as a general partner of such limited partnership;
(iii) each member of such syndicated or group; and (iv) each
person controlling such partner or member. If the statement
is filed by a corporation or if a person referred to in (I),
(ii), (iii) or (iv) of this instruction is a corporation the
information called for by the above mentioned items shall be
given with respect to (a) each executive officer and director
of such corporation; (b) each person controlling such
corporation; and each executive officer and director of any
corporation or other person ultimately in control of such
corporation.
Item 1. Security and Issuer
State the title of the class of equity securities to which this
statement relates and the name and address of the principal
executive offices of the issuer of such securities.
Security: Common Stock
Issuer: Supertex, Inc.
Address of Issuer's Principal Executive Offices:
1235 Bordeaux Dr.
Sunnyvale, CA 94088-3607
Page 4 of 7
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Item 2. Identity and Background
If the person filing this statement or any person enumerated in
Instruction C of this statement is a corporation, general
partnership, limited partnership, syndicate or other group of
persons, state its name, the state or other place of its
organization, its principal business, the address of its
principal business, the address of its principal office and the
information required by (d) and (e) of this Item. If the
person filing this statement or any person enumerated in
Instruction C is a natural person, provide the information
specified in (a) through (f) of this Item with respect to such
person(s).
(a) Name;
(b) Residence or business address;
(c) Present principal occupation or employment and the name,
principal business and address of any corporation or
other organization in which such employment is
conducted;
(d) Whether or not, during the last five years, such person
has been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) and, if so,
give the dates, nature of conviction, name and location
of court, and penalty imposed, or other disposition of
the case;
(e) Whether or not, during the last five years, such person
was a party to a civil proceeding of a judicial or
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 and state securities laws or finding
any violation with respect to such laws; and, if so,
identify and describe such proceedings and summarize the
terms of such judgment, decree or final order; and
(f) Citizenship.
Push, Incorporated is a private investment company incorporated
in 1989 under the International Business Companies Ordinance in
British Virgin Islands. This investment company, under the sole
directorship of Yunni Pao, was established to engage in any act
or activity that is not prohibited under any law for the time
being in force in the British Virgin Islands. See attached
Exhibit A, which sets forth information on Push, Inc.;s Directors
and Executive Officers. The Objects for which Push, Incorporated
is established is set forth in the attached Exhibit B -
Memorandum of Association of Push, Incorporated.
Item 3. Sources and Amount of Funds or Other Consideration
State the source and the amount of funds or other consideration
used or to be used in making the purchases, and if any part of
the purchase price is or will be represented by funds or other
consideration borrowed or otherwise obtained for the purpose of
acquiring, holding, trading or voting the securities, a
description of the transaction and the names of the parties
thereto. Where material, such information should also be
provided with respect to prior acquisitions not previously
reported pursuant to this regulation. If the source of all or
any part of the funds is a loan made in the ordinary course of
business by a bank, as defined in Section 3(a)(6) of the Act,
the name of the bank shall not be made available to the public
if the person at the time of filing the statement so requests
in writing and files such request, naming such bank, with the
Secretary of the Commission. If the securities were acquired
other than by purchase, describe the method of acquisition.
No funds were used to make purchases of holdings which are
subject to this filing. The acquisition of such holdings was a
result of a direct transfer by Yunni Pao, 100% owner of Push,
Inc., of his personal holdings of the Issuer's shares.
Item 4. Purpose of Transaction
State the purpose or purposes of the acquisition of securities
of the issuer. Describe any plans or proposals which the
reporting persons may have which relate to or would result in:
(a) The acquisition by any person of additional securities of
the issuer, or the disposition of securities of the
issuer;
(b) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the issuer or any
of its subsidiaries;
(c) A sale or transfer of a material amount of assets of the
issuer or any of its subsidiaries;
(d) Any change in the present board of directors or management
of the issuer, including any plans or proposals to change
the number of term of directors or to fill any existing
vacancies on the board;
(e) Any material change in the present capitalization or
dividend policy of the issuer;
(f) 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 its investment
policy for which a vote is required by section 13 of the
Investment Company Act of 1940;
(g) Changes in the issuer's charter, bylaws or instruments
corresponding thereto or other actions which may impede
the acquisition of control of the issuer by any person;
(h) Causing a class of securities of the issuer to be delisted
from a national securities exchange or to cease to be
authorized to be quoted in an inter-dealer quotation
system of a registered national securities association;
(I) A class of equity securities of the issuer becoming
eligible for termination of registration pursuant to
Section 12(g)(4) of the Act; or
(j) Any action similar to any of those enumerated above.
The intention of Push, Incorporated in acquiring equities of this
company is for investment purposes.
Page 5 of 7
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Item 5. Interest in Securities of Issuer
(a) State the aggregate number and percentage of the class of
securities identified pursuant to Item 1 (which may be
based on the number of securities outstanding as contained
in the most recently available filing with the Commission
by the issuer unless the filing person has reason to
believe such information is not current) beneficially
owned (identifying those shares which there is a right to
acquire) by each person named in Item 2. The above
mentioned information should also be furnished with
respect to persons who, together with any of the persons
named in Item 2, comprise a group within the meaning of
Section 13(d)(3) of the Act;
(b) For each person named in response to paragraph (a),
indicate the number of shares as to which there is sole
power to vote or to direct the vote, shared power to vote
or to direct the vote, sole power to dispose or to direct
the disposition, or shared power to dispose or direct the
disposition. Provide the applicable information required
by Item 2 with respect to each person with whom the power
to vote or to direct the vote or to dispose or direct the
disposition is shared;
(c) Describe any transactions in the class of securities
reported on that were effected during the past sixty days
or since the most recent filing on Schedule 13D
(240.13d-191), whichever is less, by the persons named in
response to paragraph (a).
Instruction. The description of a transaction required by
Item 5 shall include, but not necessarily be limited to
(1) the identity of the person covered by Item 5 who
effected the transaction; (2) the date of the transaction;
(3) the amount of securities involved; (4) the price per
share or unit; and (5) where and how the transaction was
effected.
(d) If any other person is known to have the right to receive
the power to direct the receipt of dividends from, or the
proceeds from the sale of, such securities, a statement to
that effect should be included in response to this item
and, if such interest relates to more than five percent of
the class, such person should be identified. A listing of
shareholders of an investment company registered under the
Investment Company Act of 1940 or the beneficiaries of an
employee benefit plan, pension fund or endowment fund is
not required.
(e) If applicable, state the date on which the reporting
person ceased to be the beneficial owner of more than five
percent of the class of securities.
Instruction. For computations regarding securities which
represent a right to acquire an underlying security, see
Rule 13d-3(d)(1) and the note thereto.
All securities covered by this filing are beneficially owner by
Push, Inc. The total amount owner and percentage of class of
securities are set forth in lines 11 and 3 of page 2 of this
filing. Push, Inc. holds sole voting and disposition power for
all the shares.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer.
Describe any contracts arrangements, understandings or
relationships (legal or otherwise) among the persons named in
Item 2 and between such persons and any person with respect to
any securities of the issuer, including but not limited to
transfer or voting of any of the securities, finder's fees,
joint ventures, loan or option arrangements, put or calls,
guarantees of profits, division of profits or loss, or the
giving or withholding of proxies, naming the persons with whom
such contracts arrangements, understandings or relationships
have been entered into. Include such information for any of
the securities that are pledged or otherwise subject to a
contingency the occurrence of which would give another person
voting power or investment power over such securities except
that disclosure of standard default and similar provisions
contained in loan agreements need not be included.
Certain facilities of the Issuer are leased under a five-year
operating lease from Fortuna Realty, a corporation owner by Yunni
Pao, who also owns 100% of Push, Inc. The lease was renewed in
March 1996.
Item 7. Materials to Be Filed as Exhibits
The following shall be filed as exhibits: copies of written
agreements relating to the filing of joint acquisition
statements as required by Rule 13d-1(f) (240.13d-1(f) and
copies of all written agreements, contracts, arrangements,
understandings, plans or proposals relating to (1) the
borrowing of funds to finance the acquisition as disclosed in
Item 3; (2) the acquisition of issuer control, liquidation,
sale of assets, merger, or change in business or corporate
structure or any other matter as disclosed in Item 4; and (3)
the transfer or voting of the securities, finder's fees, joint
ventures, options, puts, calls, guarantees of loans,
guarantees against loss or of profit, or the giving or
withholding of any proxy as disclosed in Item 6.
Not applicable.
Page 6 of 7
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SIGNATURE PAGE
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.
Date: February 13, 1997
PUSH INC. (B.V.I.) /s/ Yunni Pao
--------------------
Signature
Yunni Pao, Director
--------------------
Name and Title
<PAGE>
The original statement shall be signed by each person on whose
behalf the statement is filed or his authorized representative.
If the statement is signed on behalf of a person by his
authorized representative (other than an executive officer or
general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person
shall be filed with the statement, provided, however, that a
power of attorney for this purpose which is already on file with
the Commission may be incorporated by reference. The name and
any title of each person who signs the statement shall be typed
or printed beneath his signature.
Attention: Intentional misstatements or omissions of fact
constitute Federal criminal violations
(See 18 U.S.C. 1001)
Page 7 of 7 pages