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THIS DOCUMENT IS A COPY OF THE SCHEDULE 13G PREVIOUSLY FILED ON
FEBRUARY 18, 1997 PURSUANT TO A RULE 201 TEMPORARY HARDSHIP EXEMPTION.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ________________)
VERILINK CORPORATION
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
923432 10 8
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(CUSIP Number)
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 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).
*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 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).
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CUSIP NO. 923432 10 8 13G Page of Pages
---- ----
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Steven C. Taylor
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
N/A
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
150,000
NUMBER OF
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SHARES
6 SHARED VOTING POWER
BENEFICIALLY
2,176,960
OWNED BY
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EACH
7 SOLE DISPOSITIVE POWER
REPORTING
150,000
PERSON
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WITH
8 SHARED DISPOSITIVE POWER
2,176,960
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,326,960
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
17.6%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 8 pages
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SCHEDULE 13G
STEVEN C. TAYLOR
ITEM 1.
(a) Name of Issuer: Verilink Corporation
(b) Address of Issuer's Principal Executive Offices:
145 Baytech Drive
San Jose, California 95134
ITEM 2.
(a) Name of Person Filing:
Steven C. Taylor
(b) Address of Principal Business Office or, if none, Residence:
145 Baytech Drive
San Jose, California 95134
(c) Citizenship: U.S.A.
(d) Title of Class Securities: Common Stock
(e) CUSIP Number: 0009234321
ITEM 3.
Not applicable.
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned:
2,326,960 shares , as of December 31, 1996. Includes 150,000 shares
held directly by Steven C. Taylor, 1,254,910 shares held by Steven
S. Taylor and Suzanne E. Taylor, Trustees of the Steven and Suzanne
Taylor Living Trust Agreement dated 6/2/88 (the "Living Trust
Shares"), 120,000 shares held by the Steven and Suzanne Taylor
Family Trust dated 04/10/96 (the "Family Trust Shares"), 800,000
shares held by Oliver Corporation, a Nevada Corporation of which Mr.
Taylor is director and President and Steven C. Taylor and Suzanne E.
Taylor, Trustees of the Steven and Suzanne Taylor Living Trust
Agreement dated 6/2/88 is the sole shareholder (the "Oliver
Shares"), 2,050 shares owned by Baytech Associates, a California
general partnership in which Mr. Taylor has a 50% general partner
interest (the "Baytech Shares"). Steven C. Taylor and Suzanne E.
Taylor have voting and dispositive power over the Living Trust
Shares and Family Shares.
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(b) Percent of Class: 17.6%, as of December 31, 1996.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
150,000
(ii) shared power to vote or to direct the vote:
2,176,960 shares (comprised of the Family Trust Shares,
the Living Trust, the Oliver Shares and the Baytech
Shares).
(iii) sole power to dispose or to direct the disposition of:
150,000
(iv) shared power to dispose or to direct the disposition of:
2,176,960 shares (comprised of the Family Trust Shares,
the Living Trust, the Oliver Shares and the Baytech
Shares).
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF THE GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable.
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SIGNATURE
After reasonable inquire 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
/s/ Steven C. Taylor
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Steven C. Taylor
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