<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2 )*
Geotek Communications, Inc
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
373654-10-2
-----------------------------------
(CUSIP Number)
James I. Edelson, 511 Fifth Avenue, New York, N.Y. 10017 (212) 551-8881
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 4, 1996
-------------------------------------------------------
(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).
Page 1 of 30 Pages
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SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 2 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RDC-Rafael Development Corporation Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,857,528
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,857,528
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,857,528
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 3 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DEP Technology Holdings Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,857,528
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,857,528
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,857,528
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 4 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PEC Israel Economic Corporation
EIN 13-1143528
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
NOT APPLICABLE
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Maine
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,981,306
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,981,306
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,981,306
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.99%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 5 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DIC Loans Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 5,000
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 6 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Discount Investment Corporation Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,862,528
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,862,528
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,862,528
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 7 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Elron Electronic Industries Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,857,528
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,857,528
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,857,528
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 8 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IDB Development Corporation Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,986,306
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,986,306
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,986,306
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.99%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 9 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IDB Holding Corporation Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,986,306
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,986,306
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,986,306
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.99%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 10 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Raphael Recanati
Social Security No. ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED /X/
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,986,306
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,986,306
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,986,306
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.99%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 11 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jacob Recanati
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,986,306
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,986,306
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,986,306
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.99%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 12 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Leon Recanati
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,986,306
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,986,306
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,986,306
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.99%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- --------------------
CUSIP No. 373654-10-2 Page 13 of 30 Pages
- --------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Judith Yovel Recanati
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 2,986,306
OWNED BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,986,306
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,986,306
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES / /
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.99%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
Capitalized terms used in this Amendment No. 2 without definition are
defined in this Statement on Schedule 13D, as previously filed.
Item 5 of this Statement on Schedule 13D is hereby supplemented as
follows:
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
Geotek has advised the Reporting Persons that there were 59,659,509
shares of Common Stock outstanding on October 31, 1996. The percentages of
Common Stock set forth in this Amendment No. 2 to Schedule 13D are based on
59,780,418 shares, representing the total of 59,659,509 shares outstanding on
October 31, 1996 and the 120,909 shares which are issuable upon conversion of
PEC's shares of the Series N Preferred Stock and exercise of PEC's Warrant.
As of December 4, 1996, various of the Reporting Persons shared the
power to vote and dispose of up to 2,986,306 shares of Common Stock, or
approximately 4.99% of the shares of Common Stock. As of such date, the
Reporting Persons ceased to own at least 5% of the Common Stock. As of such
date, RDC beneficially owned 2,857,528 shares of Common Stock, or approximately
4.8% of the shares of Common Stock. In addition, as of such date, DIC Loans
directly owned 5,000 shares of Common Stock (which was less than 0.1% of the
Common Stock) and PEC may be deemed to have owned directly 123,778 shares of
Common Stock, or 0.2% of the shares of Common Stock.
The following table sets forth the sales of shares of Common Stock
made by RDC during the 60 day period ended on December 4, 1996. All such sales
were made in the over-the-counter market. A total of 46,000 shares of Common
Stock were sold for an aggregate price of $361,813 (excluding commissions).
Page 14 of 30 pages
<PAGE>
Date of Number of Price
Transaction Shares Sold Per Share
----------- ----------- ---------
October 7, 1996 5,000 $ 8.5000
October 8, 1996 5,000 8.6250
October 11, 1996 5,000 8.7500
December 3, 1996 11,000 7.1250
December 4, 1996 5,000 7.1875
5,000 7.3750
5,000 8.0000
5,000 8.2500
Except as aforesaid, none of the Reporting Persons purchased or sold
any shares of Common Stock during the 60 day period ended on December 4, 1996.
As of December 4, 1996, DEP, by reason of its ownership interest in
RDC, and Elron, by reason of its ownership interest in DEP, shared the power to
vote and dispose of 2,857,528 shares of Common Stock. As of such date, DIC, by
reason of its ownership interests in DEP and DIC Loans, shared the power to vote
and dispose of 2,862,528 shares of Common Stock. As of such date, PEC, by
reason of its ownership interest in DEP, its ownership of 2,869 shares of Common
Stock and its deemed ownership of 120,909 shares of Common Stock, shared the
power to vote and dispose of 2,981,306 shares of Common Stock. As of such date,
IDB Development, by reason of its ownership interests in PEC and DIC, and IDB
Holding, by reason of its ownership interest in IDB Development, shared the
power to vote and dispose of 2,986,306 shares of Common Stock.
As reflected on the Schedules hereto, information provided to the
Reporting Persons indicates that as of December 4, 1996, the executive officers
and directors of IDB Holding, IDB Development, PEC, DIC, Elron, DIC Loans, DEP
and RDC (other than persons who are Reporting Persons) owned an aggregate of
10,900 shares of Common Stock. In addition, RDC has granted Ruben Krupick, its
President, an option to purchase from it 35,000 shares of Common Stock,
exercisable for nominal consideration at any time from July 1, 1996 through June
30, 1999, and an option to purchase from it 15,000 shares of Common stock,
exercisable for $7.00 per share at any time from July 8, 1996 through July
Page 15 of 30 pages
<PAGE>
8, 1999. To the best of the knowledge of the Reporting Persons, none of the
executive officers or directors of the Reporting Persons purchased or sold any
shares of Common Stock during the 60 day period ended December 4, 1996.
Item 7 of this Statement is amended as follows:
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
Schedules A, B, C, Name, citizenship, business address, present
D, E and F principal occupation and employer of executive officers and
directors of (i) IDB Holding, (ii) IDB Development,
(iii) PEC, (iv) DIC and DIC Loans, (v) Elron and (vi) RDC.
Page 16 of 30 pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned hereby certify that the information set forth in
this amendment to the Statement is true, complete and correct.
December 16, 1996 RDC-Rafael Development Corporation Ltd.
DEP Technology Holdings Ltd.
PEC Israel Economic Corporation
DIC Loans Ltd. (formerly named Albar Finance
and Leasing Ltd.)
Discount Investment Corporation Ltd.
Elron Electronic Industries Ltd.
IDB Development Corporation Ltd.
IDB Holding Corporation Ltd.
Raphael Recanati
Jacob Recanati
Leon Recanati
Judith Yovel Recanati
By: PEC Israel Economic Corporation
By: /s/ JAMES I. EDELSON
------------------------------------------------------------
James I. Edelson, Executive Vice President of PEC Israel
Economic Corporation for itself and on behalf of RDC-Rafael
Development Corporation Ltd., DEP Technology Holdings Ltd.,
DIC Loans Ltd. (formerly named Albar Finance and Leasing
Ltd.), Discount Investment Corporation Ltd., Elron
Electronic Industries Ltd., IDB Development Corporation
Ltd., IDB Holding Corporation Ltd., Raphael Recanati, Jacob
Recanati, Leon Recanati and Judith Yovel Recanati pursuant
to the agreements annexed to the Schedule 13D.
Page 17 of 30 pages
<PAGE>
Schedule A
(Information provided as of December 4, 1996 in response
to Items 2 through 6 of Schedule 13D)
Executive Officers, Directors and Persons Controlling
IDB Holding Corporation Ltd. (1)
("IDBH")
The Tower, 3 Daniel Frisch Street, Tel Aviv, Israel
(citizenship the same as country of residence unless otherwise noted)
Principal
Name and Address Position Occupation
- ---------------- -------- ----------
Raphael Recanati Chairman of the Chairman of the Board and
The Tower Board and Managing Managing Director of IDBH,
3 Daniel Frisch Street Director President of Finmar
Tel Aviv, Israel Equities Co. (Shipping
and Finance) (2)
Arie Carasso Director Joint Managing Director
26 Rival Street of Moise Carasso Sons Ltd.
Tel Aviv, Israel (3)
Haym Carasso Director Joint Managing Director
26 Rival Street of Moise Carasso Sons Ltd.
Tel Aviv, Israel (4)
Joseph Ciechanover Director President, Atidim-Etgar
1 Hashikma Street Nihul Kranot B.M. (General
Savyon, Israel Partner, Investments)
and Chairman of the Board of
El Al Israel Airlines Ltd.
Ltd. (5)
Eliahu Cohen Chairman of the Joint Managing Director
The Tower Executive Committee of IDB Development (6)
3 Daniel Frisch Street
Tel Aviv, Israel
William M. Davidson Director Chief Executive Officer
2300 Harmon Road of Guardian Industries
Auburn Hills, Michigan Corporation
Gideon Dover Director Director of Companies
4 Uri Street
Tel Aviv, Israel
Page 18 of 30 pages
<PAGE>
Principal
Name and Address Position Occupation
- ---------------- -------- ----------
Arnon Gafny Director Economist
55 Moshe Kole Street
Jerusalem, Israel
Chaim Herzog Director Director of Companies (7)
Beth Ammot Mishpat
8 Shaul Hamelech Blvd.
Tel Aviv, Israel
Hermann Merkin Director Member of the New York
415 Madison Avenue Stock Exchange, Inc.
New York, New York and the American Stock
Exchange, Inc.(8)
Raphael Molho Director Director of Companies
22 Ibn Gvirol Street (9)
Jerusalem, Israel
Jacob Recanati Director Managing Director of
3 Habankim Street El-Yam Ships Ltd.
Haifa, Israel
Leon Recanati Joint Managing Joint Managing Director
The Tower Director of IDBH (10)
3 Daniel Frisch Street
Tel Aviv, Israel
Oudi Recanati Joint Managing Joint Managing Director
Yahalom Tower Director of IDBH (11)
3A Jabotinsky Street
Ramat Gan, Israel
Meir Rosenne Director Lawyer
14 Aluf Simhony Street
Jerusalem, Israel
Dov Tadmor Director Managing Director of
14 Beth Hashoeva Lane Discount Investment
Tel Aviv, Israel Corporation Ltd. (12)
Judith Yovel Recanati Housewife
64 Kaplan Street
Herzliya, Israel
Page 19 of 30 pages
<PAGE>
Principal
Name and Address Position Occupation
- ---------------- -------- ----------
Dalia Lev Director Joint Managing Director
The Tower of IDB Development (13)
3 Daniel Frisch Street
Tel Aviv, Israel
Rina Cohen Controller Controller of IDBH (14)
The Tower
3 Daniel Frisch Street
Tel Aviv, Israel
Arthur Caplan* Secretary Secretary of IDBH
The Tower
3 Daniel Frisch Street
Tel Aviv, Israel
James I. Edelson U.S. Resident Executive Vice President,
511 Fifth Avenue Secretary Secretary and General
New York, New York Counsel of PEC Israel
Economic Corporation
(1) As of December 4, 1996, IDB Holding Corporation Ltd., an Israeli
corporation located at The Tower, 3 Daniel Frisch Street, Tel Aviv, Israel,
owned 71.54% of the outstanding shares of IDB Development Corporation Ltd.
As of December 4, 1996, companies controlled by Raphael Recanati, Jacob
Recanati, Leon Recanati and Judith Yovel Recanati held in the aggregate
approximately 52.5% of the voting power and equity of IDB Holding
Corporation Ltd.
(2) Mr. Raphael Recanati is Chairman and Managing Director of IDB Development
and Chairman of DIC and PEC.
(3) Mr. Arie Carasso is a Director of IDB Development.
(4) Mr. Haym Carasso is a Director of DIC.
(5) Mr. Joseph Ciechanover is a Director of IDB Development and PEC.
(6) Mr. Cohen is a Director of DIC and PEC.
(7) Mr. Herzog owns 500 shares of Common Stock of Geotek.
(8) Mr. Merkin is a Director of DIC and PEC and owns 10,000 shares of Common
Stock of Geotek.
(9) Mr. Molho is a Director of IDB Development.
Page 20 of 30 pages
<PAGE>
(10) Mr. Leon Recanati is a Director of IDB Development, DIC and Elron.
(11) Mr. Oudi Recanati is a Director of IDB Development, DIC and PEC.
(12) Mr. Tadmor is a Director of IDB Development, Elron and DEP, Managing
Director of DIC Loans and Chairman of RDC.
(13) Mrs. Lev is a Director of DIC and Controller of PEC resident in Israel.
(14) Mrs. Cohen is Controller of IDB Development.
* Mr. Caplan is a dual citizen of Israel and Great Britain.
Based on information provided to the Reporting Persons, except as
previously disclosed in Item 2 to this Schedule 13D, none of the persons listed
above has been convicted, or is subject to a judgment, decree or final order, in
any of the legal proceedings enumerated in Items 2(d) and 2(e) of Schedule 13D.
Page 21 of 30 pages
<PAGE>
Schedule B
(Information provided as of December 4, 1996 in response
to Items 2 through 6 of Schedule 13D)
Executive Officers and Directors of IDB Development Corporation Ltd.
who are not Executive Officers or Directors of IDBH
Address is: The Tower, 3 Daniel Frisch Street, Tel Aviv, Israel
(citizenship is Israel)
Name and Address Position Principal Occupation
- ---------------- -------- --------------------
Abraham Ben Joseph Director Director of Companies
87 Haim Levanon Street
Ramat Aviv
Tel Aviv, Israel
Haim Erez Director Director of Companies
Yahalom Tower
3A Jabotinsky Street
Ramat Gan, Israel
Yair Hamburger Director Chairman and Managing
29 Derech Haganim Director of
Kfar Shmaryahu, Israel Harel Hamishmar
Investments Ltd.
Michael Levi Director President, Nilit, Ltd.
Textile Fashion Ctr.
2 Kaufman Street
Tel Aviv, Israel
David Leviatan Director Director of Companies
18 Mendele Street
Herzliya, Israel
Based on information provided to the Reporting Persons, none of the
persons listed above has been convicted, or is subject to a judgment, decree or
final order, in any of the legal proceedings enumerated in Items 2(d) and 2(e)
of Schedule 13D.
Page 22 of 30 pages
<PAGE>
Schedule C
(Information provided as of December 4, 1996 in response
to Items 2 through 6 of Schedule 13D)
Executive Officers and Directors of PEC who
are not Executive Officers or Directors of IDBH
Address is: PEC Israel Economic Corporation
511 Fifth Avenue, New York, NY 10017
(citizenship is United States, unless otherwise noted)
Name and Address Position Principal Occupation
- ---------------- -------- --------------------
Robert H. Arnow Director President, Swig, Weiler and
1114 Ave. of the Americas Arnow Mgt. Co., Inc.,
New York, New York Real Estate
Roger Cukierman Director Chief Executive Officer,
(citizen of France) La Compagnie Financiere
47 rue du Faubourg Edmond de Rothschild Banque
Saint Honore 75008
Paris, France
Alan S. Jaffe Director Partner, Proskauer Rose Goetz
1585 Broadway Mendelsohn, Attorneys
New York, New York
Frank J. Klein President President of PEC (1)
511 Fifth Avenue and Director
New York, New York
Harvey M. Meyerhoff Director Chairman, Magna Holdings, Inc.,
25 South Charles St. Investments
Baltimore, Maryland
Alan S. Rosenberg Director Private Investor
1585 Broadway
New York, New York
Richard S. Zeisler Director Private Investor
980 Fifth Avenue
New York, New York
Page 23 of 30 pages
<PAGE>
Name and Address Position Principal Occupation
- ---------------- -------- --------------------
William Gold Treasurer Treasurer of PEC
511 Fifth Avenue
New York, New York
- ---------------
(1) Mr. Klein is a director of RDC, DEP and Elron.
Based upon information provided to the Reporting Persons, none of the persons
listed above has been convicted, or is subject to a judgment, decree or final
order, in any of the legal proceedings enumerated in Items 2(d) and 2(e) of
Schedule 13D.
Page 24 of 30 pages
<PAGE>
Schedule D
(Information provided as of December 4, 1996 in response
to Items 2 through 6 of Schedule 13D)
Executive Officers and Directors of
Discount Investment Corporation Ltd. ("DIC")
and DIC Loans Ltd.("DIC Loans")
who are not Executive Officers or Directors of IDBH
Address is: 14 Beth Hashoeva Lane, Tel Aviv, Israel
(citizenship is Israel, unless otherwise noted)
Name and Address Position Principal Occupation
- ---------------- -------- --------------------
Dr. Michael Anghel Director and Senior Manager of DIC (2)(3)
4 Affter Street Senior Manager (1)
Tel Aviv, Israel
Gideon S. Erhard Director and Senior Manager of DIC (2)
7 Yair Street Senior Manager (1)
Ramat Hasharon, Israel
Jacob Eshel Director and Senior Manager of DIC (2)
9 Berdichevsky Street Senior Manager (1)
Givataim, Israel
Leon (Lenny) Recanati Director and Senior Manager of DIC (2)
77 Shalva Street Senior Manager (1)
Herzliya Pituach, Israel
Joseph J. Boock * Director and Finance Manager of DIC
47A Nordau Street Finance Manager (1)
Herzliya B, Israel
Prof. Se'ev Neuman Director Lecturer at Tel Aviv
3A Kashani Street University
Tel Aviv, Israel
Moshe Porath Director Attorney
28 Ahavat Zion Street
Tel Aviv, Israel
Page 25 of 30 pages
<PAGE>
Name and Address Position Principal Occupation
- ---------------- -------- --------------------
Amos Bankirer Controller (1) Controller of DIC
1 Zaelim Street
Ramat Gan, Israel
Shlomo Cohen** Legal Counsel and Legal Counsel and
14 Beth Hashoeva Lane Secretary (1) Secretary of DIC
Tel Aviv, Israel
(1) Holds the same position or positions with DIC Loans.
(2) Messrs. Anghel, Erhard, Eshel and Recanati are each a Director of Elron.
(3) Dr. Anghel is a Director of RDC.
* Mr. Boock is a dual citizen of Israel and New Zealand.
** Mr. Cohen is a dual citizen of Israel and Great Britain.
Based on information provided to the Reporting Persons, none of the persons
listed above has been convicted, or is subject to a judgment, decree or final
order, in any of the legal proceedings enumerated in Items 2(d) and 2(e) of
Schedule 13D.
Page 26 of 30 pages
<PAGE>
Schedule E
(Information provided as of December 4, 1996 in response
to Items 2 through 6 of Schedule 13D)
Executive Officers and Directors of
Elron Electronic Industries Ltd. ("Elron")
who are not Executive Officers or Directors of
IDBH, IDB Development, PEC or DIC
Address is: Advanced Technology Center, P.O.B. 1573, Haifa, Israel
(citizenship is Israel).
Principal
Name and Address Position Occupation
- ---------------- -------- ----------
Uzia Galil Chairman of the Chairman of the Board
Advanced Technology Center Board and Chief and Chief Executive
P.O.B. 1573 Executive Officer Officer of Elron (1)
Haifa, Israel
Aviezer Chelouche Director Chief Executive Officer
46 Beeri Street of Modiin Energy Limited
Tel Aviv, Israel Partnership
Emmanuel Gill Director President and Chief
Advanced Technology Center Executive Officer of
P.O.B. 539 Elbit Ltd. and Elbit
Haifa, Israel Medical Imaging Ltd. and
Chairman of the Board of
Elbit Medical Imaging Ltd.
and Elbit Systems Ltd.
Yitzhak Modai Director Economic Consultant,
Beit-Amot Michpat Former Minister of
8 Shaul Hamelech Blvd. Finance of Israel
Tel Aviv, Israel
Dr. Abraham (Abe) Peled Director Chief Executive Officer
6 Kiryat Mada Street of News Datacom Ltd.
Har Hotzvim, P.O.B. 23012
Jerusalem, Israel
Prof. Eliezer Schlifer Director Professor of Economics
58 Shvedia Street and Business Administration
Haifa, Israel at Haifa University
Page 27 of 30 pages
<PAGE>
Principal
Name and Address Position Occupation
- ---------------- -------- ----------
Dr. Jacov (Koby) Ben-Zvi Senior Vice Senior Vice
Advanced Technology Center President, President,
P.O. Box 1573 Business Business
Haifa, Israel Development Development (2)
Abraham Peri Vice President, Vice President,
Advanced Technology Center Technologies Technologies
P.O.B. 1573
Haifa, Israel
Arie Amit Vice President, Vice President,
Advanced Technology Center Information Information
P.O.B. 1573 Technology Technology
Haifa, Israel
Doron Birger Vice President, Vice President,
Advanced Technology Center Finance, and Finance, and Corporate
P.O.B. 1573 Corporate Secretary
Haifa, Israel Secretary
(1) Mr. Galil is a director of RDC and DEP.
(2) Mr. Ben-Zvi is a director of RDC.
Based on information provided to the Reporting Persons, none of the persons
listed above has been convicted, or is subject to a judgment, decree or final
order, in any of the legal proceedings enumerated in Items 2(d) and 2(e) of
Schedule 13D.
Page 28 of 30 pages
<PAGE>
Schedule F
(Information provided as of December 4, 1996
in response to Items 2 through 6 of Schedule 13D)
Executive Officers and Directors of
RDC-Rafael Development Corporation Ltd. ("RDC")
who are not Executive Officers or Directors of
IDBH, IDB Development, PEC, DIC and Elron
Address is: 14 Beth Hashoeva Lane, Tel Aviv, Israel
(citizenship is Israel)
Name and Address Position Principal Occupation
- ---------------- -------- --------------------
Ruben Baron Director President of
14 Nurit Street Galram Technology
Haifa, Israel Industries Ltd. (1)
Yitzhak Gat Director President of Rafael
41 Aya Street Armament Development
Neve Rom Authority
Ramat Hasharon, Israel
Dr. Eli Ofer Director Head of Electric System
83 Hagdud Ha'ivri Street Division of Rafael
Kiryat Haim, Israel Armament Development
Authority
Shmuel Levi Director Vice President -
14 Hanita Street Finance, Rafael
Naharia, Israel Armament Development
Authority
Ruben Krupick President President of
14 Beth Hashoeva Lane RDC
Tel Aviv, Israel
Zvi Ben David Vice President Vice President
14 Beth Hashoeva Lane and Chief and Chief
Tel Aviv, Israel Financial Officer Financial Officer of RDC
Page 29 of 30 pages
<PAGE>
Name and Address Position Principal Occupation
- ---------------- -------- --------------------
Alon Zelzion Vice President - Vice President -
14 Beth Hashoeva Lane Business Business
Tel Aviv, Israel Development Development of RDC
(1) Mr. Baron owns 400 shares of Common Stock of Geotek.
Based on information provided to the Reporting Persons, none of the persons
listed above has been convicted, or is subject to a judgement, decree or final
order, in any of the legal proceedings enumerated in Items 2(d) and 2(e) of
Schedule 13D.
Page 30 of 30 pages
