FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchanges Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
- --------------------------------------------------------------------------------
1. Name and Address of Reporting Person
Jacob A. Davis, Ph.D.
1600 Sarno Road, Suite 205
Melbourne, Florida 32925
- --------------------------------------------------------------------------------
2. Date of Event Requiring Statement
08-26-96
- -------------------------------------------------------------------------------
3. IRS or Social Security Number of Reporting Person
- --------------------------------------------------------------------------------
4. Issuer Name and Ticker or Trading Symbol
Solitron Devices, Inc. (SODI)
- --------------------------------------------------------------------------------
5. Relationship of Reporting Person to Issuer
/X/ Director
/ / Officer--Title of Office Goes Here
/ / 10% Owner
/ / Other
- --------------------------------------------------------------------------------
6. If Amendment, Date of Original
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------
TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
3. Ownership Form:
2. Amount of Securities Direct (D) or 4. Nature of Indirect
1. Title of Security Beneficially Owned Indirect (I) Beneficial Ownership
- -------------------- ----------------------- ------------------ -----------------------
<S> <C> <C> <C>
None
- ---------------------------------------------------------------------------------------------------
</TABLE>
Reminder: Report on a separate line for each class of securities benefically
owned directly or indirectly.
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
3. Title and Amount of Securities
2. Date Exercisable and Underlying Derivative Security
Expiration Date --------------------------------- 5. Ownership
------------------------ 4. Conversion Form of
or Exercise Derivative 6. Nature of
1. Title of Amount or Price of Security: Indirect
Derivative Date Expiration Number of Derivative Direct(D) or Beneficial
Security Exercisable Date Title Shares Security Indirect(I) Ownership
- -------------------- ----------- ---------- ------------------ --------- -------------- --------------- -------------
<S> <C> <C> <C> <C> <C> <C> <C>
None
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, SEE Instruction 6 for procedure.
/s/ JACOB A. DAVIS, Ph.D. August 29, 1996
-------------------------------------- ------------------
**Signature of Reporting Person Date