<PAGE>
------------------------------
OMB APPROVAL
------------------------------
OMB Number 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per response ....... 0.5
------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. __)*
PREMIER LASER SYSTEMS, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
740522107
- --------------------------------------------------------------------------------
(CUSIP Number)
JANUARY 31, 1999
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* 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).
<PAGE>
SCHEDULE 13G
CUSIP No. 740522107 Page 2 of 5 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
COLETTE COZEAN, PH.D., SS# ###-##-####
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 1,007,820 SHARES OF COMMON STOCK**
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY NOT APPLICABLE
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 1,007,820 SHARES OF COMMON STOCK**
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH NOT APPLICABLE
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,007,820 SHARES OF COMMON STOCK**
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3% OF TOTAL SHARES OUTSTANDING OF 18,149,819 AS OF OCTOBER 5, 1999
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- -----------
** Includes an aggregate of 2,780 shares of common stock held as custodian for
Dr. Cozean's two minor children.
SEC 1746 (12-91)
<PAGE>
SCHEDULE 13G
CUSIP No. 740522107 Page 3 of 5 Pages
ITEM 1(a). NAME OF ISSUER.
Premier Laser Systems, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.
3 Morgan
Irvine, California 92618
ITEM 2(a). NAME OF PERSON FILING.
Colette Cozean, Ph.D.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE.
3 Morgan
Irvine, California 92618
ITEM 2(c). CITIZENSHIP.
United States
ITEM 2(d). TITLE OF CLASS OF SECURITIES.
Class A, Class E-1 and Class E-2 Common Stock
ITEM 2(e). CUSIP NUMBER.
740522107
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS. 240.13D-1(b) OR
SS. 240.13D-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
NOT APPLICABLE
(a) |_| Broker or 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 of 1940;
(e) |_| An investment adviser in accordance with ss. 240.13d-
1(b)(1)(ii)(F);
<PAGE>
CUSIP No. 740522107 Page 4 of 5 Pages
(f) |_| An employee benefit plan or endowment fund in accordance
with ss. 240.13d-1(b)(1)(ii)(G);
(g) |_| A parent holding company or control person in accordance
with ss.240.13d-1(b)(1)(ii)(G);
(h) |_| A savings association as defined in
section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813);
(i) |_| A church plan that is excluded from the
definition of an investment company under
section 3(c)(14) of the Investment Company
Act;
(j) |_| Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in item 1.
(a) Amount Beneficially Owned:
1,007,820 SHARES OF COMMON STOCK**
(b) Percent of Class:
5.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
1,007,820 SHARES OF COMMON STOCK**
(ii) Shared power to vote or to direct the vote
NOT APPLICABLE
(iii) Sole power to dispose or to direct the
disposition of
1,007,820 SHARES OF COMMON STOCK**
(iv) Shared power to dispose or to direct the
disposition of
NOT APPLICABLE
** Includes an aggregate of 2,780 shares of common stock held as custodian for
Dr. Cozean's two minor children.
<PAGE>
CUSIP No. 740522107 Page 5 of 5 Pages
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 [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
ITEM 10. CERTIFICATION.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose 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.
10/22/99
---------------------------
Date
/s/ COLETTE COZEAN
---------------------------
Signature
Colette Cozean, Ph.D., Chief Executive Officer
----------------------------------------------
Name/Title
