SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. )(1)
INTERSYSTEMS, INC.
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(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
460920101
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(CUSIP Number)
December 3, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
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(1) 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 5 Pages
<PAGE>
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CUSIP No. 460920101 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WILLIAM G. WALTERS
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY
OWNED BY 441,500
EACH
PERSON ----------------------------------------------------------
REPORTING 6 SHARED VOTING POWER
WITH
0
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7 SOLE DISPOSITIVE POWER
441,500
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
441,500
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.6%
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12 TYPE OF REPORTING PERSON
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 Pages
<PAGE>
Item 1(a). Name of Issuer:
Intersystems, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
7115 Clinton Drive
Houston, Texas 77020
Item 2(a). Name of Person Filing:
This Schedule 13G is filed on behalf of William G. Walters, Inc.
(the "Reporting Person").
Item 2(b). Address of Principal Business Office or, if none,
Residence:
c/o Whale Securities Co., L.P.
650 Fifth Avenue
New York, New York 10019
Item 2(c). Citizenship:
USA
Item 2(d). Title of Class of Securities:
Common Stock, $.01 par value
Item 2(e). CUSIP Number:
460920101
Item 3. Not Applicable.
Item 4. Ownership:
(a) Amount Beneficially Owned:
On January 13, 2000, the Reporting Person beneficially owned
441,500 shares of Common Stock, all of which shares are held
in the Reporting Person's IRA account.
(b) Percent of Class:
5.6%
Page 3 of 5 Pages
<PAGE>
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote:
441,500
(ii) shared power to vote or to direct the
vote:
0
(iii) sole power to dispose or to direct the
disposition of:
441,500
(iv) shared power to dispose or to direct
the disposition of:
0
Items 5-9. Not applicable.
Item 10. By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of such securities and were
not acquired and are not held in connection with or as a participant
in any transaction having such purpose or effect.
Page 4 of 5 Pages
<PAGE>
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.
Date: February 14, 2000
By: /s/ William G. Walters
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William G. Walters