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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. _____)*
LASERSIGHT, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
517924106
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(CUSIP Number)
James W. Vaughan, 2470 Schuetz Rd., Maryland Heights, MO 63043, (314) 567-4606
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
11-14-96
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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).
SEC 1746 (12-91)
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SCHEDULE 13D
CUSIP NO. 517924106 PAGE 1 OF 1 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
JAMES W. VAUGHAN
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
N/A
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(e)
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 461,725
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH -0-
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9 SOLE DISPOSITIVE POWER
461,725
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10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
461,725
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.6%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 2 OF 7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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JAMES W. VAUGHAN
2470 Schuetz Road
Maryland Heights, MO 63043
STATEMENT FOR FILING SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER
This statement relates to the 8,264,066 shares of Common Stock issued as
of November 13, 1996 by LaserSight, Inc. located at 12161 Lackland Road, St.
Louis, MO 63146.
ITEM 2. IDENTITY AND BACKGROUND
This statement is filed by a natural person, James W. Vaughan, located at
2470 Schuetz Road, MO 63043. Principal occupation is executive for
Perma-Greetings, Inc. located at 2470 Schuetz Road, Maryland Heights, MO
63043. I've never been involved in a criminal proceeding. There have been no
civil proceedings in the last five years resulting in any judicial or
administrative judgments or actions. James W. Vaughan is a natural born US
citizen.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
James W. Vaughan purchased 281,725 shares with personal funds in the
amount of $1,931,356.25. James W. Vaughan also purchased 180,000 shares through
Perma-Greetings, Inc. Profit Sharing Retirement Plan in the amount of
$1,316,093.75.
ITEM 4. PURPOSE OF TRANSACTION
The common stock securities were acquired for investment purposes.
Page 1 of 3
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JAMES W. VAUGHAN
2470 Schuetz Road
Maryland Heights, MO 63043
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
The securities acquired represent an aggregate amount beneficially
owned as stated in Form 1093 dated November 13, 1996 of 461,725 shares. This
number represents 5.6% of the 8,264,066 shares of common stock outstanding as
stated in Form 10-Q3. Sole power to direct or dispose of these shares is
determined by James W. Vaughan.
The following transactions were effected by James W. Vaughan during the
past sixty days in St. Louis, MO through a national brokerage.
<TABLE>
<CAPTION>
DATE #OF SHARES PRICE PER SHARE
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<S> <C> <C>
10/16/96 9,000 $6.0000
11/7/96 9,000 $5.8750
11/7/96 1,000 $5.6250
11/7/96 1,000 $5.6875
11/7/96 4,000 $5.8125
11/7/96 14,000 $5.8750
11/8/96 9,000 $5.8750
11/14/96 7,000 $5.3750
11/14/96 9,000 $5.5625
11/25/96 9,000 $5.8125
11/26/96 8,000 $5.8125
11/26/96 9,000 $5.78125
11/27/96 11,000 $5.78125
</TABLE>
Page 2 of 3
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JAMES W. VAUGHAN
2470 Schuetz Road
Maryland Heights, MO 63043
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
There are no contracts, arrangements, understandings or relationships
(legal or otherwise) by James W. Vaughan with respect to any securities of the
issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
N/A
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.
12-2-96 /s/ James W. Vaughan
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Date Signature
James W. Vaughan
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Name/Title
Page 3 of 3
