SILICON STORAGE TECHNOLOGY INC
SC 13G, 1997-02-13
SEMICONDUCTORS & RELATED DEVICES
Previous: SILICON STORAGE TECHNOLOGY INC, SC 13G, 1997-02-13
Next: SILICON STORAGE TECHNOLOGY INC, SC 13G, 1997-02-13



<PAGE>
                     SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                                SCHEDULE 13G

                 Under the Securities Exchange Act of 1934
                          (Amendment No.       )*
                                         ------

                      Silicon Storage Technology, Inc.
                     ----------------------------------
                              (Name of Issuer)

                                Common Stock
                     ----------------------------------
                       (Title of Class of Securities)

                                827057 10 0
                     ----------------------------------
                              (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 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).


                        (Continued on following page(s))


                              Page 1 of  5  Pages


<PAGE>

CUSIP No. 827057 10 0                 13G                 Page  2  of  5  Pages
          ---------                                            ---    --- 

- -------------------------------------------------------------------------------
 (1) Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
     Persons

     Bing Yeh
- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization
     United States
- -------------------------------------------------------------------------------
Number of Shares              (5) Sole Voting 
 Beneficially                       Power                  N/A
 Owned by                    --------------------------------------------------
 Each Reporting               (6) Shared Voting
 Person With                        Power                  1,160,000**
                             --------------------------------------------------
                              (7) Sole Dispositive
                                    Power                  N/A
                             --------------------------------------------------
                              (8) Shared Dispositive
                                    Power                  1,160,000**
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person
     3,640,000**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
     X**
- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
     15.7%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
     IN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!
                                       
                             Page  2  of  5  Pages
<PAGE>

ITEM 1(a).  NAME OF ISSUER: Silicon Storage Technology, Inc.

      (b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
            1171 Sonora Court
            Sunnyvale, CA 94086


ITEM 2(a).  NAME OF PERSON FILING: Bing Yeh

      (b).  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
            1171 Sonora Court
            Sunnyvale, CA 94086

      (c).  CITIZENSHIP: United States


      (d).  TITLE OF CLASS OF SECURITIES: Common Stock


      (e).  CUSIP NUMBER: 827057 10 0


ITEM 3.  IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b),
  CHECK WHETHER THE PERSON FILING IS A:

    (a) / / Broker of dealer registered under Section 15 of the Act,

    (b) / / Bank as defined in Section 3(a)(6) of the Act,

    (c) / / Insurance Company as defined in Section 3(a)(19) of the Act,

    (d) / / Investment Company registered under Section 8 of the Investment
            Company Act,

    (e) / / Investment Adviser registered under Section 203 of the Investment
            Advisers Act of 1940,

    (f) / / Employee Benefit Plan, Pension Fund which is subject to the
            provisions of the Employee Retirement Income Security Act of 1974
            or Endowment Fund; SEE Rule 13d-1(b)(1)(ii)(F),

    (g) / / Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);
            SEE Item 7,

    (h) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H).


ITEM 4.  OWNERSHIP

     If the percent of the class owned, as of December 31, of the year covered 
by the statement, or as of the last day of any month described in Rule 
13d-1(b)(2), if applicable, exceeds five percent, provide the following 
information as of that date and identify those shares which there is a right 
to acquire.

    (a) Amount Beneficially Owned: 3,640,000**
       
    (b) Percent of Class: 15.7%

    (c) Number of shares as to which such person has:

          (i) sole power to vote or to direct the vote: N/A

         (ii) shared power to vote or to direct the vote: 1,160,000**

        (iii) sole power to dispose or to direct the disposition of: N/A

         (iv) shared power to dispose or to direct the disposition of:
                                                                   1,160,000**

                                       
                             Page  3  of  5  Pages

<PAGE>

ITEM 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

     If this statement is being filed to report the fact that as of the date 
hereof the reporting person has ceased to be the beneficial owner of more 
than five percent of the class of securities, check the following  / /. N/A

ITEM 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

     If any other 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, 
such securities, a statement to that effect should be included in response to 
this item and, if such interest relates to more than five percent of the 
class, such person should be identified. A listing of the shareholders of an 
investment company registered under the Investment Company Act of 1940 or the 
beneficiaries of an employee benefit plan, pension fund or endowment fund is 
not required.   N/A

ITEM 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
  THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

     If a parent holding company has filed this schedule, pursuant to Rule 
13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating 
the identity and the Item 3 classification of the relevant subsidary. If a 
parent holding company has filed this Schedule pursuant to Rule 13d-1(c), 
attach an exhibit stating the identification of the relevant subsidiary.  N/A

ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

     If a group has filed this Schedule pursuant to Rule 13d-1(b)(ii)(H), so 
indicate under Item 3(h) and attach an exhibit stating the identity and Item 
3 classification of each member of the group. If a group has filed this 
Schedule pursuant to Rule 13d-1(c), attach an exhibit stating the identity of 
each member of the group.  N/A

ITEM 9.  NOTICE OF DISSOLUTION OF GROUP

     Notice of dissolution of a group may be furnished as an exhibit stating 
the date of the dissolution and that all further filings with respect to 
transactions in the security reported on will be filed, if required, by 
members of the group, in their individual capacity. See Item 5.  N/A

                             Page  4  of  5  Pages
<PAGE>

ITEM 10. CERTIFICATION

    By signing below I certify that, to the best of my knowledge and belief, 
the securities referred to above were acquired in the ordinary course of 
business and were not acquired for the purpose of and do not have the effect 
of changing or influencing the control of the issuer of such securities and 
were not acquired in connection with or as a participant in any transaction 
having such purposes or effect.

                                  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.
                                                 Feb. 10, 1997
                                       ----------------------------------------
                                       Date

                                                 /s/Bing Yeh
                                       ----------------------------------------
                                       Signature

                                   BY: Bing Yeh
                                       ----------------------------------------

**   Includes 1,160,000 shares held by the Yeh Family Trust U/D/T dated 
August 14, 1995, of which Mr. Yeh and his wife are trustees and excludes 
2,480,000 shares held by the Yeh 1995 Children's Trust U/T/A dated July 31, 
1995 of which Su-Wen Y, Liu and Yeon-Hong Chan are trustees. Mr. Yeh 
disclaims beneficial ownership of the shares held by the Children's Trust.


                             Page  5  of  5  Pages



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission