UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
ARTISOFT, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 per share
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(Title of Class of Securities)
04314L106
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(CUSIP Number)
Gerald R. Forsythe, 1075 Noel Avenue, Wheeling, Illinois 60090 (847)459-4250
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
June 25, 1996
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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 [ ].
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 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).
SCHEDULE 13D
FILED PURSUANT TO RULE 13d-1 OF THE
GENERAL RULES AND REGULATIONS
UNDER THE
SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
The following information supplements the information contained in the
Schedule 13D dated January 19, 1996, with respect to the Common Stock, par value
$.01 per share ("Common Stock"), of Artisoft, Inc. ("Artisoft").
The Statement of Schedule 13D is hereby amended as follows:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5(c) as previously filed is hereby amended as follows:
As of July 9, 1996, the aggregate number of shares of Artisoft Common
Stock which may be deemed to be owned beneficially by the Reporting Persons
listed in this filing has increased materially since the filing date of the
original schedule (based on the number of outstanding shares of Artisoft as set
forth in its Quarterly Report on Form 10-Q for the quarter ended March 31,
1996).
As of July 9, 1996, Mr. Forsythe owned 375,200 shares (2.59%) of the
outstanding Common Stock of Artisoft.
As of July 9, 1996, Indeck Power Equipment Company owned 432,000 shares
(2.98%) of the outstanding Common Stock of Artisoft.
As of July 9, 1996, Indeck Energy Services, Inc. owned 594,000 shares
(4.10%) of the outstanding Common Stock of Artisoft.
As of July 9, 1996, the aggregate number of shares of Artisoft Common
Stock which may be deemed to be owned beneficially by the Reporting Persons in
this filing was 1,401,200 or 9.68% of the total outstanding shares of Common
Stock of Artisoft.
The table on the next page sets forth certain information regarding
purchases/sales by the Reporting Persons of shares of Artisoft Common Stock
since the filing date of the original Schedule. Such purchases were made in the
open market.
Page 2 of 5
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (CONTINUED)
<TABLE>
<CAPTION>
TOTAL COST
NO. OF SHARES PURCHASE PRICE (INCLUDING
DATE BOUGHT/SOLD PER SHARE COMMISSIONS)
---- ------------- -------------- ------------
<S> <C> <C> <C> <C>
MR. FORSYTHE 2-13-96 20,000 $6.875 $138,305
3-22-96 5,000 7.75 38,955
6-24-96 25,000 SOLD 8.875 220,871
INDECK POWER 3-8-96 25,000 7.29 182,255
3-22-96 10,000 7.79 77,905
6-20-96 10,000 8.875 89,155
6-24-96 25,000 8.875 222,880
INDECK ENERGY 6-20-96 27,500 8.935 245,712
6-21-96 2,000 8.935 17,870
6-24-96 10,000 8.935 89,350
6-25-96 8,000 8.7475 69,980
6-25-96 10,000 8.8725 88,725
6-25-96 15,000 8.8125 132,188
6-25-96 2,500 8.685 21,713
6-26-96 7,500 8.8125 66,094
6-28-96 10,000 8.9975 89,975
6-28-96 25,000 8.8725 221,813
6-28-96 10,000 8.685 86,850
7-2-96 7,500 8.935 67,013
7-2-96 6,000 8.935 53,610
7-2-96 4,000 8.8725 35,490
7-2-96 7,500 8.935 67,013
7-3-96 10,000 8.935 89,350
7-5-96 6,500 8.685 56,453
7-8-96 10,000 8.81 88,100
7-8-96 15,000 8.685 130,275
</TABLE>
Page 3 of 5
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
The Reporting Persons own 725 call option contracts. Purchases of said
call options occurring since the filing date of the original Schedule are set
forth below.
<TABLE>
<CAPTION>
TOTAL COST
NO. OF OPTIONS PURCHASE PRICE (INCLUDING
DATE PURCHASED PER OPTION COMMISSIONS)
---- ------------- -------------- ------------
<S> <C> <C> <C> <C>
MR. FORSYTHE 3-14-96 200 $4.1877 $83,755
6-3-96 200 3.9777 79,555
6-7-96 100 4.2279 42,280
INDECK POWER 6-19-96 25 2.75 6,980
6-20-96 25 2.75 6,980
6-21-96 25 2.75 6,980
6-24-96 25 2.625 6,667
6-25-96 25 2.50 6,355
6-27-96 25 2.9375 7,448
6-28-96 25 2.8125 7,136
7-2-96 25 2.75 6,980
7-3-96 25 2.8125 7,136
</TABLE>
Page 4 of 5
SIGNATURES
After reasonable inquiry and to the best of their knowledge and belief, the
undersigned certify that the information set forth in this Statement is true,
complete and correct.
Date: July 9, 1996
/s/ Gerald R. Forsythe
--------------------------------
Gerald R. Forsythe
/s/ Gerald R. Forsythe
-------------------------------
Indeck Power Equipment Company
by Gerald R. Forsythe, Chairman & CEO
/s/ Gerald R. Forsythe
-------------------------------
Indeck Energy Services, Inc.
by Gerald R. Forsythe, Chairman & CEO
Page 5 of 5
