SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
VODAVI TECHNOLOGY, INC.
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(Name of Issuer)
Common Stock, $0.001 par value
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(Title of Class of Securities)
92857 U 102
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(CUSIP Number)
Anthony Silverman
11811 N. Tatum Blvd., Suite 2500
Phoenix, Arizona 85028, (602) 953-7980
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(Name, address and telephone number of persons
authorized to receive notices and communications)
April 15, 1997
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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 13D because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].
Note: Schedules filed in paper forma and shall include a signed original and
five copies of this Schedule including all exhibits. See ss. 240.13d-7(b) 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).
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SCHEDULE 13D
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CUSIP NO. 92857 U 102 PAGE 2 OF 5 PAGES
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1 NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Anthony Silverman, S.S. No, ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
The reporting person disaffirms and any membership in a group (b) [ ]
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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 CITZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
266,058
NUMBER OF ---------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY ---------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 266,058
PERSON ---------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
266,058
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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)
6.1%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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ITEM 1. SECURITY AND ISSUER.
Common Stock, $0.001 par value, of Vodavi Technology, Inc.
Vodavi Technology, Inc.
8300 East Raintree Drive
Scottsdale, Arizona 85260
ITEM 2. IDENTITY AND BACKGROUND.
(a) Anthony Silverman
(b) 11811 N. Tatum Boulevard, Suite 2500, Phoenix, Arizona 85028
(c) Chairman of the Board of Directors - Paradise Valley
Securities, Inc.
11811 North Tatum Boulevard, Suite 2500
Phoenix, Arizona 85028
Principal Business (Paradise) - Registered Securities Broker-Dealer;
(d) No.
(e) No.
(f) United States of America
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
On June 4, 1999, Mr. Silverman acquired of the 56,000 shares of the
issuer's common stock at a price per share of $2.38 with funds from his
individual retirement account.
ITEM 4. PURPOSE OF TRANSACTION.
The purpose of the reporting person in acquiring the securities of the
issuer is for investment. The reporting person has no plans or proposals
which would relate to or result in:
(a) The acquisition by any person of additional securities of the
issuer, or the disposition of securities of the issuer;
(b) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the issuer or any of its
subsidiaries;
(c) A sale or transfer of a material amount of assets of the issuer or
any of its subsidiaries;
(d) Any change in the present board of directors or management of the
issuer, including any plans or proposals to change the number or
term of directors or to fill any existing vacancies on the board;
(e) Any material change in the present capitalization or dividend policy
of the issuer;
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(f) Any other material change in the issuer's business or corporate
structure, including but not limited to, if the issuer is a
registered closed-end investment company, any plans or proposals to
make any changes in its investment policy for which a vote is
required by section 13 of the Investment Company Act of 1940;
(g) Changes in the issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control
of the issuer by any person;
(h) Causing a class of securities of the issuer to be delisted from a
national securities exchange or to cease to be authorized to be
quoted in an inter-dealer quotation system of a registered national
securities association;
(i) A class of equity securities of the issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Act;
or
(j) Any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Aggregate Number of Shares Beneficially Owned
266,058 shares (1) - 6.1%
(b) Sole Power to Vote - 266,058
Shared Power to Vote - -0-
Sole Dispositive Power - 266,058
Shared Dispositive Power - -0-
(c) On June 4, 1999, Mr. Silverman acquired, through his individual
retirement account, 56,000 shares of the issuer's common stock at a
price per share of $2.38 in a market transaction.
(d) N/A
(e) N/A
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(1) Includes 56,000 shares held in an individual retirement account,
15,615 shares held by the Harry & Addeline Silverman Foundation, of
which Mr. Silverman is President, and 22,961 shares held in an
individual retirement account of Mr. Silverman's deceased son, of
which Mr. Silverman is the beneficiary.
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF ISSUER.
N/A
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.
DATED: September 17, 1999.
/s/ Anthony Silverman
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Anthony Silverman
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