<PAGE> 1
UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION ------------
WASHINGTON, D.C. 20549 OMB Number: 3235-0145
Expires: December 31, 1997
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SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 8)*
Code-Alarm, Inc.
- - --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- - --------------------------------------------------------------------------------
(Title of Class of Securities)
191893106
----------------------------
(CUSIP Number)
Craig S. Camalo, Code-Alarm, Inc., 950 E. Whitcomb
Madison Heights, MI 48071 (810) 583-9620
- - --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 15, 1997
--------------------------------
(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 requried 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> 2
SCHEDULE 13D
CUSIP NO. 191893106 PAGE 2 OF 14 PAGES
---------------- ------ ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Rand W. Mueller
- - --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- - --------------------------------------------------------------------------------
3 SEC USE ONLY
- - --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- - --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(e)
- - --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- - --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 546,560
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH -0-
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
546,560
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- - --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
546,560
- - --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) /x/
EXCLUDES CERTAIN SHARES*
- - --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.5%
- - --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- - --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 3
SCHEDULE 13D
CUSIP NO. 191893106 PAGE 3 OF 14 PAGES
---------------- ------ ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kenneth M. Mueller
- - --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- - --------------------------------------------------------------------------------
3 SEC USE ONLY
- - --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- - --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(e)
- - --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- - --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 120,293
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH -0-
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
120,293
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- - --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
120,293
- - --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) /x/
EXCLUDES CERTAIN SHARES*
- - --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.2%
- - --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- - --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 4
SCHEDULE 13D
CUSIP NO. 191893106 PAGE 4 OF 14 PAGES
---------------- ------ ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Larry J. Vingelman
- - --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- - --------------------------------------------------------------------------------
3 SEC USE ONLY
- - --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- - --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(e)
- - --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- - --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 10,908
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH -0-
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
10,908
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- - --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,908
- - --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- - --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.5%
- - --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- - --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 5
SCHEDULE 13D
CUSIP NO. 191893106 PAGE 5 OF 14 PAGES
---------------- ----- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David L. Skinner
- - --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- - --------------------------------------------------------------------------------
3 SEC USE ONLY
- - --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- - --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(e)
- - --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- - --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH -0-
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- - --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- - --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) /x/
EXCLUDES CERTAIN SHARES*
- - --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- - --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- - --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 6
SCHEDULE 13D
CUSIP NO. 191893106 PAGE 6 OF 14 PAGES
---------------- ------ ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Geoffrey M. Dixon
- - --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- - --------------------------------------------------------------------------------
3 SEC USE ONLY
- - --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- - --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(e)
- - --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- - --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH -0-
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- - --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- - --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- - --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- - --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- - --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 7
SCHEDULE 13D
CUSIP NO. 191893106 PAGE 7 OF 14 PAGES
---------------- ------ ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Shirley A. Skinner
- - --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- - --------------------------------------------------------------------------------
3 SEC USE ONLY
- - --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- - --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(e)
- - --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- - --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH -0-
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- - --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- - --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) /x/
EXCLUDES CERTAIN SHARES*
- - --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- - --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- - --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 8
SCHEDULE 13D
CUSIP NO. 191893106 PAGE 8 OF 14 PAGES
---------------- ------ ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jack C. Chilingirian
- - --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- - --------------------------------------------------------------------------------
3 SEC USE ONLY
- - --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- - --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(e)
- - --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- - --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH -0-
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- - --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- - --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- - --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- - --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- - --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 9
SCHEDULE 13D
CUSIP NO. 191893106 PAGE 9 OF 14 PAGES
---------------- ------ ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marshall J. Mueller
- - --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- - --------------------------------------------------------------------------------
3 SEC USE ONLY
- - --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- - --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(e)
- - --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- - --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH -0-
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- - --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- - --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) /x/
EXCLUDES CERTAIN SHARES*
- - --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- - --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- - --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
2 of 7
<PAGE> 10
CUSIP NO. 191893106
This is the Eighth Amendment to a Statement on Schedule 13D originally
filed with the Securities and Exchange Commission on September 25, 1989, by
Rand W. Mueller, Larry J. Vingelman, David L. Skinner, Geoffrey M. Dixon,
Shirley A. Skinner, Kenneth M. Mueller, Marshall J. Mueller and
Jack C. Chilingirian with respect to the common stock, no par value (the
"Common Stock"), of Code-Alarm, Inc. ("Code-Alarm").
The undersigned hereby amend Items 5, 6 and 7 of the amended Statement, as
follows:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
The beneficial owner, aggregate number and percentage of Common Stock
beneficially owned by each person named in Item 2 are:
<TABLE>
<CAPTION>
Name Number of Shares Percentage
- - ---- ---------------- ---------------
<S> <C> <C>
Rand W. Mueller(1) 546,560(2) 23.5 %
Larry J. Vingelman 10,908 0.5 %
Kenneth M. Mueller(1) 120,293(3) 5.2 %
David L. Skinner(4) -0- 0.0 %
Geoffrey Dixon -0- 0.0 %
Shirley A. Skinner(4) -0- 0.0 %
Jack C. Chilingirian -0- 0.0 %
Marshall J. Mueller -0- 0.0 %
Total 677,761 29.2 %
</TABLE>
- - ------------------
(1) Kenneth M. Mueller is Rand W. Mueller's and Marshall J. Mueller's father.
Each of them disclaims beneficial ownership of the other's shares of Common
Stock.
(2) This number includes 3,750 shares of Common stock which Mr. Rand Mueller
may acquire pursuant to options granted under Code-Alarm's 1987 Stock Option
Plan which are currently exercisable, 540,810 shares held in the name of Mr.
Mueller's wife of which she has sole voting and dispositive power and 2,000
shares held in the name of Mr. Mueller's minor children of which Mr. Mueller has
voting and dispositive power.
(3) This number includes 250 shares of Common stock which Mr. Kenneth Mueller
may acquire pursuant to options granted under Code-Alarm's 1987 Stock Option
Plan which are currently exercisable.
(4) David L. Skinner and Shirley A. Skinner are husband and wife. Each of them
disclaims beneficial ownership of the other's shares of Common Stock.
Page 10 of 14 Pages
<PAGE> 11
CUSIP NO. 191893106
The percentages of Common Stock owned by each individual set forth in the
table above are based on 2,320,861 shares outstanding on March 19, 1997.
Each reporting person has sole power to vote or to direct the vote and
sole power to dispose or to direct the disposition of all of his shares of
Common Stock.
On February 19, 1997, March 4, 1997, March 7, 1997, March 10, 1997, March
18, 1997 and March 19, 1997, Kenneth M. Mueller sold 1,000, 600, 1,000, 325,
9,761 and 975 shares of Common Stock, respectively, at prices of $3.50, $2.75,
$2.75, $2.75, $2.625 and $2.50 per share, respectively.
No person is known to have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the Common Stock
held by the individuals.
The Shareholder Agreement dated as of May 29, 1987, as amended, among
Code-Alarm and certain original shareholders of Code-Alarm was terminated as of
February 15, 1997. Consequently, on February 15, 1997, the group of
shareholders which was the beneficial owner of more than five percent of the
Common Stock ceased to exist. Rand W. Mueller and Kenneth M. Mueller
individually continue to be the beneficial owners respectively of more than
five percent of the Common Stock of Code-Alarm.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
On January 14, 1997, Rand W. Mueller transferred 20,000 shares of the
Common Stock to Kenneth M. Mueller as repayment of a personal loan.
Mr. Rand W. Mueller was granted options to purchase 75,000 shares of
Common Stock at a price of $5.00 per share on May 14, 1996 under Code-Alarm's
1987 Stock Option Plan and Mr. Kenneth M. Mueller was granted options to
purchase 5,000 shares of Common Stock at a price of $5.00 per share on May 14,
1996 under Code-Alarm's 1987 Stock Option Plan, in each case in exchange for
options to purchase a like number of shares at a different price. The
following table sets forth the percentage of shares exercisable under each
option after being held for the following time periods after the date of grant:
<TABLE>
<S> <C> <C>
6 months - 1 year 5%
over 1 year - 2 years 15%
over 2 years - 3 years 35%
over 3 years - 4 years 60%
over 4 years - 100%
</TABLE>
Page 11 of 14 Pages
<PAGE> 12
CUSIP NO. 191893106
The Shareholder Agreement dated as of May 29, 1987, as amended, among
Code-Alarm and certain original shareholders of Code-Alarm was terminated on
February 15, 1997 by means of an agreement entitled "Termination of Shareholder
Agreement" by and among Code-Alarm and two-thirds of the remaining
shareholders whose Restricted Shares were subject to the Shareholder Agreement.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
The Termination of Shareholder Agreement by and among Code-Alarm, Rand W.
Mueller, Kenneth W. Mueller and Larry J. Vingelman is attached as Exhibit 7 and
incorporated herein by reference.
SIGNATURES
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.
<TABLE>
<CAPTION>
Signatures Date
- - ---------- ----
<S> <C>
/s/ April 2, 1997
- - -----------------------------
Rand W. Mueller
* April 2, 1997
- - -----------------------------
Larry J. Vingelman
* April 2, 1997
- - -----------------------------
Kenneth M. Mueller
* April 2, 1997
- - -----------------------------
David L. Skinner
* April 2, 1997
- - -----------------------------
Geoffrey M. Dixon
* April 2, 1997
- - -----------------------------
Shirley A. Skinner
* April 2, 1997
- - -----------------------------
Jack C. Chilingirian
*By:/s/ April 2, 1997
--------------------------
Rand W. Mueller, as
Attorney-in-Fact
</TABLE>
Page 12 of 14 Pages
<PAGE> 1
EXHIBIT 7
TERMINATION OF SHAREHOLDER AGREEMENT
WHEREAS, on May 29, 1987 Rand W. Mueller, Marshall J. Mueller, Kenneth M.
Mueller, Jack C. Chilingirian, Geoffrey M. Dixon, Larry J. Vingelman and
Code-Alarm, Inc., a Michigan corporation, entered into a certain Shareholder
Agreement.
WHEREAS, the Shareholder Agreement has been amended many times, and the
only remaining shareholders whose Restricted Shares are subject to the
Shareholder Agreement are Rand W. Mueller, Kenneth M. Mueller and Larry J.
Vingelman; and
WHEREAS, Rand W. Mueller, who owns more than two-thirds (2/3) of the
Restricted Shares subject to the Shareholder Agreement, desires to terminate
this Agreement.
NOW, THEREFORE, it is hereby agreed as follows:
The Shareholder Agreement is terminated effective as of February 15, 1997,
and upon and after that date all Restricted Shares are henceforth no longer
subject to the terms and conditions of the Shareholder Agreement.
13 of 14
<PAGE> 2
IN WITNESS WHEREOF, this Agreement has been executed by shareholders
owning more than two-thirds (2/3) of the Restricted Shares subject to the
Shareholder Agreement.
CODE-ALARM, INC.
By: Rand W. Mueller
---------------------------------
Rand W. Mueller
President
Rand W. Mueller
------------------------------------
Rand W. Mueller
Kenneth M. Mueller
------------------------------------
Kenneth M. Mueller
------------------------------------
Larry J. Vingelman
14 of 14
