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OMB Number 3235-0145
Expire August 31, 1999
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
Magellan Technology, Inc.
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(Name of Issuer)
Common Stock, $0.0001 Par Value
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(Title of Class of Securities)
559092-40-8
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(CUSIP Number)
Richard G. Brown
PARR, WADDOUPS, BROWN, GEE &
LOVELESS 185 South State Street, Suite 1300
Salt Lake City, Utah 84111
(801) 532-7840
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
April 29, 1998
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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 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 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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
SEC 1746 (10-97) Page 1 of 9
<PAGE>
CUSIP No. 559092-40-8 SCHEDULE 13D Page 2 of 9 Pages
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1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Judith F. Edwards
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2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |X|
(b) |_|
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3 SEC Use Only
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4 Source of Funds (See Instructions)
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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7 Sole Voting Power
0
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Number of 8 Shared Voting Power
Shares
Beneficially 1,144,169 (includes 37,500 shares underlying currently
Owned By exercisable warrants)
Each ---------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person
With 0
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10 Shared Dispositive Power
1,144,169 (includes 37,500 shares underlying currently
exercisable warrants)
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,144,169 (includes 37,500 shares underlying currently exercisable
warrants)
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
|_|
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13 Percent of Class Represented by Amount in Row (11)
6.5%
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14 Type of Reporting Person (See Instructions)
IN
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<PAGE>
CUSIP No. 559092-40-8 SCHEDULE 13D Page 3 of 9 Pages
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1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Robert W. Edwards
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2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |X|
(b) |_|
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3 SEC Use Only
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4 Source of Funds (See Instructions)
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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7 Sole Voting Power
0
---------------------------------------------------------------
Number of 8 Shared Voting Power
Shares
Beneficially 1,144,169 (includes 37,500 shares underlying currently
Owned By exercisable warrants)
Each ---------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person
With 0
---------------------------------------------------------------
10 Shared Dispositive Power
1,144,169 (includes 37,500 shares underlying currently
exercisable warrants)
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,144,169 (includes 37,500 shares underlying currently exercisable
warrants)
- --------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
|_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
6.5%
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14 Type of Reporting Person (See Instructions)
IN
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<PAGE>
CUSIP No. 559092-40-8 SCHEDULE 13D Page 4 of 9 Pages
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This Amendment No. 1 to the Schedule 13D of Judith F. Edwards and
Robert W. Edwards amends and supplements, and should be read in conjunction
with, the Schedule 13D filed on November 20, 1996.
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Item 1. Security and Issuer
(a) Title of Class of Equity Securities:
Common stock, $0.0001 par value (the "Common Stock")
(b) Name of Issuer:
Magellan Technology, Inc. (the "Issuer")
(c) Address of Issuer's Principal Executive Offices:
13526 South 110 West, Draper, Utah 84020
Item 2. Identity and Background
(a) Name:
Judith F. Edwards ("JF Edwards")
Robert W. Edwards ("RW Edwards")
(b) Residence address:
809 17th Avenue, Salt Lake City, Utah 84103
(c) Present principal occupation or employment and the name,
principal business and address of any corporation or other
organization in which such employment is conducted:
JF Edwards does not work outside of the home.
RW Edwards is an attorney with the law firm of Kirton
& McConkie, P.C., 60 E. South Temple, Suite 1800,
Salt Lake City, Utah 84111
(d) Whether or not, during the last five years, such persons have
been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) and, if so, give the
dates, nature of conviction, name and location of court, and
penalty imposed, or other disposition of the case:
None
(e) Whether or not, during the last five years, such persons were
parties to a civil proceeding of a judicial or administrative
body of competent jurisdiction and as a result of such
proceeding were or are 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; and,
if so, identify and describe such proceedings and summarize
the terms of such judgment, decree or final order: None
<PAGE>
CUSIP No. 559092-40-8 SCHEDULE 13D Page 5 of 9 Pages
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(f) Citizenship:
United States
Item 3. Source and Amount of Funds or Other Consideration
On April 29, 1998, 333,333 shares of the Common Stock were
issued to JF Edwards upon conversion of a $250,000 note owed to JF
Edwards by the Issuer.
Item 4. Purpose of Transaction
The shares of the Common Stock were issued upon conversion of
a note owed by the Issuer to JF Edwards.
JF Edwards and RW Edwards reserve the right to purchase
additional shares of the Common Stock or to dispose of shares of the
Common Stock in the open market, in privately negotiated transactions
or in any other lawful manner in the future. Except as described above,
JF Edwards and RW Edwards presently have no plans or proposals which
relate to or would result in any action enumerated in subparagraphs (a)
through (j) of the instructions for Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer
(a) The aggregate number of shares of the Common Stock beneficially owned
by JF Edwards and RW Edwards is 1,144,169 shares, which includes
currently exercisable warrants to purchase 37,500 shares and
represents 6.5% of the outstanding shares of the Issuer.
(b) Neither JF Edwards nor RW Edwards has the sole power to vote or
direct the vote or the sole power to dispose or to direct the
disposition of any shares of the Common Stock. As general partners of
Redwards, Ltd., a Utah limited partnership, JF Edwards and RW Edwards
share the power to vote and direct the vote and share the power to
dispose and direct the disposition of 432,000 shares of the Common
Stock which are held in the name of Redwards, Ltd. By virtue of their
spousal relationship, RW Edwards may be deemed to share with JF
Edwards the power to vote, direct the vote, dispose and direct the
disposition of the 674,669 shares of the Common Stock held in JF
Edwards' name and the 37,500 shares of the Common Stock underlying
currently exercisable warrants, which warrants are also held in JF
Edwards' name.
(c) On April 29, 1998, 333,333 shares of the Common Stock were issued to
JF Edwards upon conversion of a $250,000 note owed to JF Edwards by
the Issuer. On April 17, 1998, the Issuer granted a warrant to JF
Edwards, which warrant is currently exercisable for the purchase of
37,500 shares of the Common Stock at a price of $.37 per share.
(d) No other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of the
1,144,169 shares of the Common Stock.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
None
<PAGE>
CUSIP No. 559092-40-8 SCHEDULE 13D Page 6 of 9 Pages
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Item 7. Material to Be Filed as Exhibits
Attached hereto as Exhibit A is a written agreement relating to the
filing of a joint statement as required by Rule 13d-1(f) under the Securities
Exchange Act of 1934.
<PAGE>
CUSIP No. 559092-40-8 SCHEDULE 13D Page 7 of 9 Pages
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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.
December 28, 1998 /s/ JUDITH F. EDWARDS
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Date Judith F. Edwards
December 28, 1998 /s/ ROBERT W. EDWARDS
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Date Robert W. Edwards
<PAGE>
CUSIP No. 559092-40-8 SCHEDULE 13D Page 8 of 9 Pages
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INDEX TO EXHIBITS
Exhibit Description
- ------------------------- ------------------------------------------------
A Written agreement relating to the filing of a
joint statement as required by Rule 13d-1(f)
under the Securities Exchange Act of 1934.
CUSIP No. 559092-40-8 SCHEDULE 13D Page 9 of 9 Pages
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EXHIBIT A
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AGREEMENT
---------
The undersigned agree that this Amendment No. 1 to their Schedule 13D
relating to equity securities of Magellan Technology, Inc. shall be filed on
behalf of the undersigned.
December 28, 1998 /s/ JUDITH F. EDWARDS
- ----------------------------- ---------------------------------
Date Judith F. Edwards
December 28, 1998 /s/ ROBERT W. EDWARDS
- ----------------------------- ---------------------------------
Date Robert W. Edwards
