<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. _____________)*
ESS Technology, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
269151-10-6
--------------
(CUSIP Number)
*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> 2
CUSIP NO. 269151-10-6 13G PAGE 1 OF 7 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SUNG KOOK KIM
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
--------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 3,680,954
OWNED BY
--------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
3,680,954
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,680,954
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.05% BASED ON 40,669,242 TOTAL SHARES OUTSTANDING AS OF DECEMBER 31, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
* Represents shares held by four trusts, of three of which Mr. Kim is one of the
three trustees and of one of which Mr. Kim is one of the two trustees.
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
CUSIP NO. 269151-10-6 13G PAGE 2 OF 7 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MEE SIM LEE
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
--------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 3,680,954
OWNED BY
--------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
3,680,954
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,680,954
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.05% BASED ON 40,669,242 TOTAL SHARES OUTSTANDING AS OF DECEMBER 31, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*Represents shares held by four trusts, of three of which Ms. Lee is one of the
three trustees and of one of which Ms. Lee is one of the two trustees.
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 4
CUSIP NO. 269151-10-6 13G PAGE 3 OF 7 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MYONG SHIN KIM
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
7,100
NUMBER OF
--------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 1,909,154
OWNED BY
--------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 7,100
PERSON
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,909,154
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,916,254
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.71% BASED ON 40,669,242 TOTAL SHARES OUTSTANDING AS OF DECEMBER 31, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
* Represents shares held by three trusts of which Ms. Kim is one of three
trustees.
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 5
CUSIP NO. 269151-10-06 13G PAGE 4 OF 7 PAGES
ITEM 1(a). NAME OF ISSUER:
ESS Technology, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
48401 Fremont Blvd., Fremont, CA 94538
ITEM 2(a). NAME OF PERSON FILING:
(1) Sung Kook Kim
(2) Mee Sim Lee
(3) Myong Shin Kim
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
48401 Fremont Blvd., Fremont, CA 94538
ITEM 2(c). CITIZENSHIP:
U.S.A.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
269151-10-6
ITEM 3. STATUS OF PERSON FILING:
NOT APPLICABLE
ITEM 4. OWNERSHIP
(a) AMOUNT BENEFICIALLY OWNED:
(1)AMOUNT BENEFICIALLY OWNED BY SUNG KOOK KIM:
<TABLE>
<S> <C>
As one of two Trustees for The Shiu Leung and Annie M.H. Chan Gift Trust 1,771,800
As one of three Trustees for The Edward Y.C. Chan Trust 814,576
As one of three Trustees for The David Y.W. Chan Trust 814,578
As one of three Trustees for The Michael Y.J. Chan Trust 280,000
TOTAL: 3,680,954 shares
</TABLE>
(2)AMOUNT BENEFICIALLY OWNED BY MEE SIM LEE:
<TABLE>
<S> <C>
As one of two Trustees for The Shiu Leung and Annie M.H. Chan Gift Trust 1,771,800
As one of three Trustees for The Edward Y.C. Chan Trust 814,576
As one of three Trustees for The David Y.W. Chan Trust 814,578
As one of three Trustees for The Michael Y.J. Chan Trust 280,000
TOTAL: 3,680,954 shares
</TABLE>
<PAGE> 6
CUSIP 269151-10-6 13G PAGE 5 OF 7 PAGES
(3) AMOUNT BENEFICIALLY OWNED BY MYONG SHIN KIM:
<TABLE>
<S> <C>
As one of three Trustees for The Edward Y.C. Chan Trust 814,576
As one of three Trustees for The David Y.W. Chan Trust 814,578
As one of three Trustees for The Michael Y.J. Chan Trust 280,000
Shares held by Myong Shin Kim directly 7,100
TOTAL: 1,916,250 shares
</TABLE>
(b) PERCENT OF CLASS: (based on 40,669,242 shares outstanding as
of December 31, 1997)
<TABLE>
<S> <C>
(1) Percent of Class Beneficially Owned by Sung Kook Kim: 9.05%
(2) Percent of Class Beneficially Owned by Mee Sim Lee: 9.05%
(3) Percent of Class Beneficially Owned by Myong Shin Kim: 4.71%
</TABLE>
(c)(1) THE NUMBER OF SHARES AS TO WHICH SUNG KOOK KIM HAS:
(i) sole power to vote or direct the vote: -0-
(ii) shared power to a vote or to direct the vote
<TABLE>
<S> <C>
As one of two Trustees for The Shiu Leung and Annie M.H. Chan Gift Trust 1,771,800
As one of three Trustees for The Edward Y.C. Chan Trust 814,576
As one of three Trustees for The David Y.W. Chan Trust 814,578
As one of three Trustees for The Michael Y.J. Chan Trust 280,000
TOTAL: 3,680,954 shares
</TABLE>
(iii) sole power to dispose or to direct the disposition of: -0-
(iv) shared power to dispose or to direct the disposition of
<TABLE>
<S> <C>
As one of two Trustees for The Shiu Leung and Annie M.H. Chan Gift Trust 1,771,800
As one of three Trustees for The Edward Y.C. Chan Trust 814,576
As one of three Trustees for The David Y.W. Chan Trust 814,578
As one of three Trustees for The Michael Y.J. Chan Trust 280,000
TOTAL: 3,680,954 shares
</TABLE>
(c)(2) THE NUMBER OF SHARES AS TO WHICH MEE SIM LEE HAS:
(i) sole power to vote or direct the vote: -0-
(ii) shared power to a vote or to direct the vote
<TABLE>
<S> <C>
As one of two Trustees for The Shiu Leung and Annie M.H. Chan Gift Trust 1,771,800
As one of three Trustees for The Edward Y.C. Chan Trust 814,576
As one of three Trustees for The David Y.W. Chan Trust 814,578
As one of three Trustees for The Michael Y.J. Chan Trust 280,000
TOTAL: 3,680,954 shares
</TABLE>
<PAGE> 7
CUSIP NO. 269151-10-6 13G PAGE 6 OF 7 PAGES
(iii) sole power to dispose or to direct the disposition of: -0-
(iv) shared power to dispose or to direct the disposition of
<TABLE>
<S> <C>
As one of two Trustees for The Shiu Leung and Annie M.H. Chan Gift Trust 1,771,800
As one of three Trustees for The Edward Y.C. Chan 814,576
As one of three Trustees for The David Y.W. Chan 814,578
As one of three Trustees for The Michael Y.J. Chan 280,000
TOTAL: 3,680,954 shares
</TABLE>
(c)(3) THE NUMBER OF SHARES AS TO WHICH MYONG SHIN KIM HAS:
(i) sole power to vote or direct the vote: 7,100
(ii) shared power to a vote or to direct the vote
<TABLE>
<S> <C>
As one of three Trustees for The Edward Y.C. Chan Trust 814,576
As one of three Trustees for The David Y.W. Chan Trust 814,578
As one of three Trustees for The Michael Y.J. Chan Trust 280,000
TOTAL: 1,909,154 shares
</TABLE>
(iii) sole power to dispose or to direct the disposition of:
7,100
(iv) shared power to dispose or to direct the disposition of
<TABLE>
<S> <C>
As one of three Trustees for The Edward Y.C. Chan Trust 814,576
As one of three Trustees for The David Y.W. Chan Trust 814,578
As one of three Trustees for The Michael Y.J. Chan Trust 280,000
TOTAL: 1,909,154 shares
</TABLE>
ITEM 5. OWNERSHIP OF 5% OR LESS OF A CLASS.
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN 5% ON BEHALF OF ANOTHER PERSON.
See description of ownership described in Item 4
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
<PAGE> 8
CUSIP NO. 269151-10-6 13G PAGE 7 OF 7 PAGES
ITEM 10. CERTIFICATION.
Not applicable
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.
dated: February 10, 1998
/s/ Sung Kook Kim
--------------------------------------------
Sung Kook Kim
(As a Trustee for The Shiu Leung and Annie
M.H.Chan Gift Trust, The Edward Y.C. Chan
Trust, The David Y.W. Chan Trust, and The
Michael Y.J. Chan Trust )
/s/ Mee Sim Lee
--------------------------------------------
Mee Sim Lee
(As a Trustee for The Shiu Leung and Annie
M.H.Chan Gift Trust, The Edward Y.C. Chan
Trust, The David Y.W. Chan Trust, and The
Michael Y.J. Chan Trust )
/s/ Myong Shin Kim
--------------------------------------------
Myong Shin Kim
(As a Trustee for The Edward Y.C. Chan Trust,
The David Y.W. Chan Trust, and The Michael Y.J.
Chan Trust )
The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the statement is
signed on behalf of a person by his authorized representative other than an
executive officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)
