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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
IFX Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
449518-20-8
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(CUSIP Number)
Lee S. Casty
707 Skokie Blvd.
5th Floor
Northbrook, Illinois 60062
(847) 412-1184
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 28, 2000
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement of Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of (S)(S)240.12d-1(f) or 240.13d-1(g), check the following
box [_].
NOTE: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See (S)240.13d-7(b) 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).
(continued on following pages)
Page 1 of 4 Pages
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13D
CUSIP NO. 449518-20-8 Page 2 of 4 Pages
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NAMES OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lee S. Casty
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4 Not applicable
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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 ORIGIN
6 United States
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SOLE VOTING POWER
7 52,390
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8 None
OWNED BY
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EACH SOLE DISPOSITIVE POWER
9 52,390
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 None
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11 52,390
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CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13 0.04%
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TYPE OF REPORTING PERSON (See Instructions)
14 IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 449518-20-8 13D Page 3 of 4 Pages
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ITEM 1. Security and Issuer
Common Stock
IFX Corporation
707 Skokie Blvd.
5th Floor
Northbrook, Illinois 60062
ITEM 2. Identity and Background
(a) Name
Lee S. Casty
(b) Business Address:
French American Securities, Inc.
707 Skokie Blvd.
5th Floor
Northbrook, Illinois 60062
(c) Occupation
Sole Owner and Director
French American Securities, Inc.
707 Skokie Blvd.
5th Floor
Northbrook, Illinois 60062
(d) Mr. Casty, during the last five years, has not been
convicted in a criminal proceeding.
(e) Mr. Casty, during the last five years was not a party to a
civil proceeding of a judicial or administrative body of
competent jurisdiction which as a result of such proceeding
was subject to a judgment, decree or final 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.
(f) Citizenship:
United States
ITEM 3. Source and Amount of Funds or Other Consideration
Not applicable
ITEM 4. Purpose of Transaction
On July 28, 2000, Mr. Casty sold 3,061,410 shares of Common Stock of
the Issuer to the Casty Grantor Subtrust in exchange for a promissory
note from the Subtrust. The trustee of the Subtrust is Scott J. Bakal
and the beneficiaries of the Subtrust are Mr. Casty's children. Mr.
Casty has no voting or dispositive power over the shares of Common
Stock of the Issuer held by the Subtrust.
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CUSIP NO. 449518-20-8 13D Page 4 of 4 Pages
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ITEM 5. Interest in Securities of the Issuer
(a) 52,390 shares of Common Stock are held directly by Mr. Casty's
minor children.
(b) Mr. Casty has sole power to vote or to direct the vote and sole
power to dispose or to direct the disposition of 52,390 shares of
the Common Stock held directly by Mr. Casty's minor children.
(c) On July 28, 2000 Mr. Casty sold 3,061,410 shares of Common Stock
to the Casty Grantor Subtrust in exchange for a promissory note
from the Subtrust. The trustee of the Subtrust is Scott J. Bakal
and the beneficiaries of the Subtrust are Mr. Casty's children.
Mr. Casty has no voting or dispositive power over the Common
Stock held by the Subtrust.
(d) Scott J. Bakal, as the trustee of the Casty Grantor Subtrust, has
the right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of the Common
Stock.
(e) Mr. Casty ceased to be owner of more than 5% of the Common Stock
on July 28, 2000.
ITEM 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of Issuer.
Not Applicable.
ITEM 7. Material to be filed as Exhibits
Not Applicable
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.
August 3, 2000
Date /s/ Lee S. Casty
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Lee S. Casty
