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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Amendment No. 1
Medamicus, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
584027-10-6
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(CUSIP Number)
Robert T. Montague
Robins, Kaplan, Miller & Ciresi
800 LaSalle Avenue, Suite 2800
Minneapolis, MN 55408
612-349-8500
(Name, Address and Telephone Number of Person Authorized
to receive Notices and Communications)
April 18, 2000
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(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 [ ].
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 should 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).
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Page 1 of ___ Pages
CUSIP No. 584027-10-6
(1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
Above Persons
Pyramid Trading Limited Partnership 36-3723624
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(2) Check the Appropriate Box if a Member of a Group
(a) [ x ]
(b) [ ]
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(3) SEC Use Only
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(4) Source of Funds
WC
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization
Illinois
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Number of (7) Sole Voting Power 0 shares
Shares Bene- --------------------------------------------------------------
ficially (8) Shared Voting Power 236,592 shares
Owned by --------------------------------------------------------------
Each Report- (9) Sole Dispositive Power 0 shares
ing Person --------------------------------------------------------------
With (10) Shared Dispositive Power 236,592 shares
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
236,592 shares
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
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(13) Percent of Class Represented by Amount in Row (11)
5.7 %
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(14) Type of Reporting Person (See Instructions)
BD, PN, IV
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<PAGE> 3
Page 1 of ___ Pages
CUSIP No. 54027-10-6
(1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
Above Persons
Oakmont Investments, LLC 36-3996171
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(2) Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ x ]
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(3) SEC Use Only
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(4) Source of Funds
N/A
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization
Illinois
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Number of (7) Sole Voting Power 0 shares
Shares Bene- --------------------------------------------------------------
ficially (8) Shared Voting Power 236,592 shares
Owned by --------------------------------------------------------------
Each Report- (9) Sole Dispositive Power 0 shares
ing Person --------------------------------------------------------------
With (10) Shared Dispositive Power 236,592 shares
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
236,592 shares
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
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(13) Percent of Class Represented by Amount in Row (11)
5.7 %
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(14) Type of Reporting Person (See Instructions)
CO, IV
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<PAGE> 4
Page 1 of ___ Pages
CUSIP No. 584027-10-6
(1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
Above Persons
Daniel Asher ###-##-####
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(2) Check the Appropriate Box if a Member of a Group
(a) [ x ]
(b) [ ]
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(3) SEC Use Only
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(4) Source of Funds
N/A
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization
United States
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Number of (7) Sole Voting Power 0 shares
Shares Bene- --------------------------------------------------------------
ficially (8) Shared Voting Power 236,592 shares
Owned by --------------------------------------------------------------
Each Report- (9) Sole Dispositive Power 0 shares
ing Person --------------------------------------------------------------
With (10) Shared Dispositive Power 236,592 shares
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
236,592 shares
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
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(13) Percent of Class Represented by Amount in Row (11)
5.7 %
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(14) Type of Reporting Person (See Instructions)
IN
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<PAGE> 5
Page 1 of ___ Pages
CUSIP No. 584027-10-6
(1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
Above Persons
Gary Kohler ###-##-####
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(2) Check the Appropriate Box if a Member of a Group
(a) [ x ]
(b) [ ]
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(3) SEC Use Only
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(4) Source of Funds
PF
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization
United States
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Number of (7) Sole Voting Power 80,500 shares
Shares Bene- --------------------------------------------------------------
ficially (8) Shared Voting Power 0 shares
Owned by --------------------------------------------------------------
Each Report- (9) Sole Dispositive Power 80,500 shares
ing Person --------------------------------------------------------------
With (10) Shared Dispositive Power 0 shares
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
80,500 shares
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
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(13) Percent of Class Represented by Amount in Row (11)
2.0 %
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(14) Type of Reporting Person (See Instructions)
IN
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<PAGE> 6
Page 1 of ___ Pages
CUSIP No. 584027-10-6
(1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
Above Persons
Andrew Redleaf ###-##-####
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(2) Check the Appropriate Box if a Member of a Group
(a) [ x ]
(b) [ ]
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(3) SEC Use Only
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(4) Source of Funds
PF
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization
United States
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Number of (7) Sole Voting Power 79,713 shares
Shares Bene- --------------------------------------------------------------
ficially (8) Shared Voting Power 0 shares
Owned by --------------------------------------------------------------
Each Report- (9) Sole Dispositive Power 79,713 shares
ing Person --------------------------------------------------------------
With (10) Shared Dispositive Power 0 shares
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
79,713 shares
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
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(13) Percent of Class Represented by Amount in Row (11)
1.9 %
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(14) Type of Reporting Person (See Instructions)
IN
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<PAGE> 7
Page 2 of ___ pages
This Amendment No. 1 ("Amendment No. 1") amends the Statement on
Schedule 13D (the "Schedule 13D") filed on December 29, 1999 by Pyramid Trading
Limited Partnership ("PT"), Oakmont Investments, LLC, the general partner of PT
("OI"), Daniel Asher, as Manager of OI and individually ("DA"), Gary Kohler
("GK") and Andrew Redleaf ("AR"), (collectively the "Reporting Persons")
with respect to their beneficial ownership of common stock, par value $.01 per
share ( the "Common Stock"), of Medamicus, Inc., a Minnesota corporation (the
"Company"). The principal executive offices of the Company are located at 15301
Highway 55 West, Plymouth, MN 55447. Items 3 and 5 are hereby amended in their
entirety to read as follows:
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ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
From 2/11/00 to 4/18/00, PT purchased 99,492 shares of Common
Stock for an aggregate consideration of $253,678.50 (not including brokerage
commissions) and sold 50,300 shares of Common Stock realizing $181,950.10, thus
increasing its holdings on a net basis by 49,192 shares to a total of 236,592
shares as of 4/18/2000. PT acquired such shares using working capital.
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Page ____ of _____ pages
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of April 18, 2000, the Reporting Persons beneficially owned
the amounts of Common Stock respectively set forth below. The percentage set
forth below represents the percentage of the outstanding shares of Common Stock
based on 4,114,774 shares outstanding as of February 29, 2000 as set forth in
the Company's Form 10K-SB for the year ended December 31, 1999.
<TABLE>
<CAPTION>
Reporting Shares of Percent of
Person Common Stock Outstanding Common Stock
--------- ------------ ------------------------
<S> <C> <C>
PT, OI, DA 236,592 5.7%
GK 80,500 2.0
AR 79,713 1.9
</TABLE>
As of 4/18/2000, the Reporting Persons beneficially owned an aggregate
of 396,805 shares of Common Stock.
(b) The information set forth in Items 7 through 11 of the cover pages
hereto is incorporated herein by reference.
(c) The information concerning transactions in the Common Stock
effected by the Reporting Persons during the past sixty (60) days is set forth
in Appendix A hereto and incorporated herein by reference. All of transactions
were open market transactions.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIP
WITH RESPECT TO THE SECURITIES OF THE ISSUER
NONE
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
1. Agreement dated as of 4/28/2000 by and among the signatories
of this Statement on Schedule 13-D with respect to its filing.
<PAGE> 10
Page ____ of ____ pages
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Date: April, 28, 2000 PYRAMID TRADING LIMITED PARTNERSHIP
BY OAKMONT INVESTMENTS, LLC ITS GENERAL PARTNER
BY /S/ Daniel Asher
------------------------------------------
Daniel Asher,
Manager, Oakmont Investments, LLC
OAKMONT INVESTMENTS, LLC
BY /S/ Daniel Asher
------------------------------------------
Daniel Asher, Manager
/s/ Daniel Asher
-----------------------------------------------
DANIEL ASHER
/s/ Gary Kohler
-----------------------------------------------
GARY KOHLER
/s/ Andrew Redleaf
-----------------------------------------------
ANDREW REDLEAF
<PAGE> 11
Page _____ of _____ pages
APPENDIX A
Transactions By the Reporting Persons in
Medamicus, Inc. Common Stock During the Past 60 Days
PYRAMID TRADING LIMITED PARTNERSHIP
<TABLE>
<CAPTION>
Date # of Shares Bought Price Per Share ($) Total Cost ($)*
- ---- ------------------ ------------------- ---------------
<S> <C> <C> <C>
02/11/00 5,400 1.6485 8,902
02/14/00 1,600 1.6706 2,673
02/15/00 2,100 1.6333 3,430
03/16/00 46,000 3.1250 143,750
03/31/00 11,800 2.2500 26,550
04/03/00 900 2.1250 1,912
04/04/00 5,000 2.1250 10,625
04/04/00 2,000 2.1250 4,250
04/13/00 10,000 2.1250 21,250
04/13/00 10,000 2.1250 21,250
04/17/00 192 1.7500 336
04/18/00 2,000 1.8750 3,750
04/18/00 2,500 2.0000 5,000
Total 99,492 253,678.50
<CAPTION>
Date # of Shares Sold Price Per Share ($) Sale Price($)
- ---- ---------------- ------------------- -------------
<S> <C> <C> <C>
03/08/00 20,000 3.3215 66,430.00
03/09/00 7,300 3.2890 24,010.00
03/14/00 23,000 3.9787 91,510.10
Total 50,300 181,950.10
</TABLE>
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*Commissions not included.
<PAGE> 12
EXHIBIT INDEX
EXHIBIT NO. DOCUMENT
1 Agreement, dated as of April 28, 2000, by and among the
signatories of this Statement with respect to its filing.
<PAGE> 1
EXHIBIT 1
AGREEMENT
This will confirm the agreement by and among all the undersigned that
the Schedule 13D filed on or about this date with respect to the beneficial
ownership of the undersigned of shares of Common Stock of Medamicus, Inc. is
being filed on behalf of each of the entities names below. This agreement may be
executed in two or more counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument.
Date: April 28, 2000 PYRAMID TRADING LIMITED PARTNERSHIP
BY OAKMONT INVESTMENTS, LLC ITS GENERAL PARTNER
BY /S/ Daniel Asher
-----------------------------------------
Daniel Asher,
Manager, Oakmont Investments, LLC
OAKMONT INVESTMENTS, LLC
BY /S/ Daniel Asher
-----------------------------------------
Daniel Asher, Manager
/s/ Gary Kohler
----------------------------------------------
GARY KOHLER
/s/ Andrew Redleaf
----------------------------------------------
ANDREW REDLEAF
