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OMB APPROVAL
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OMB Number: 3235-0145
Expires: August 31, 1991
Estimated average burden
hours per response 14.90
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MultiMedia Access Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
625444 10 4
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(CUSIP Number)
Glenn A. Norem, Chief Executive Officer
2665 Villa Creek, Suite 200, Dallas, Texas 75234
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
2/4/97
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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 13d1(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).
<PAGE>
SCHEDULE 13D
CUSIP NO. 625444 10 4 PAGE 2 OF 5 PAGES
------------ --- ---
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
H.T. Ardinger, Jr.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(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 PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(E) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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7 SOLE VOTING POWER
NUMBER OF
SHARES 1,591,747
BENEFICIALLY ----- ------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 114,501
PERSON ----- ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
1,591,747
----- ------------------------------------------------
10 SHARED DISPOSITIVE POSER
114,501
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,706,248
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.8%
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14 TYPE OF REPORTING PERSON*
IN
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<PAGE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
ITEM 1. SECURITY AND ISSUER
Title of the class of equity securities: MMAC Common stock.
Address of Issuer: MultiMedia Access Corporation, 2665 Villa Creek, Suite 200,
Dallas, Texas 75234
ITEM 2. IDENTITY AND BACKGROUND
(a) Name: H.T. Ardinger, Jr.
(b) Residence or business address: 9040 Governors Row, Dallas, Texas
75247
(c) Present principal occupation or employment: President, H.T.
Ardinger & Sons
(d) No
(e) No
(f) U.S.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Mr. Ardinger acquired 250,000 shares of Common Stock of the Company in
a private placement in March of 1994. Mr. Ardinger and his wife acquired an
additional 22,500 shares in private purchases from three founders of the Company
in April 1995. In addition, the Ardingers acquired 86,502 shares of Common Stock
in a private placement dated December 1995. These shares were acquired with the
personal funds of the Ardingers.
Mr. Ardinger also acquired 191,858 shares of Common Stock and 191,858
redeemable common stock purchase warrants upon the conversion of $882,548
aggregate amount of Convertible Debt and interest accrued thereon at the initial
public offering price in February 1997. Mr. Ardinger also acquired 244,565
shares of Common Stock and 244,565 redeemable common stock purchase warrants
upon the conversion of $1,125,000 principal amount of Convertible Bridge Debt at
the initial public offering price in February 1997.
Mr. Ardinger holds warrants to purchase an additional 645,000 shares of
Common Stock of the Company at prices ranging from $1.00 per share to $3.00 per
share. Mr. Ardinger was granted these warrants as an incentive to enter into
various financing transactions with the Company.
3
<PAGE>
ITEM 4. PURPOSE OF TRANSACTION
Mr. Ardinger acquired the Common Stock and Warrants as a personal
investment and in connection with various financing transactions with the
Company.
(a) Mr. Ardinger and his wife hold 795,425 shares of Common Stock
(10.1%) of the Company. Mr. Ardinger and his wife hold
warrants to purchase 910,823 shares of Common Stock at prices
ranging from $1.00 per share to $4.50 per share. Neither Mr.
Ardinger nor his wife have any right to acquire additional
shares of the Company.
(b) No plans (g) No changes
(c) No plans (h) No plans
(d) No plans (i) None
(e) No plans (j) None
(f) No plans
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) Mr. Ardinger beneficially owns 1,706,248 shares of Common Stock, or
17.8% of the outstanding Common Stock of the Company.
(b) Mr. Ardinger has the sole power to vote 740,924 shares and shared
power to vote 54,501 shares for a total of 795,425 shares of Common
Stock of the Company, or 10.1% of the Common Stock of the Company.
Assuming the exercise of all warrants exercisable on or before June
15, 1997, he will hold sole voting power over 1,591,747 shares of
Common Stock and shared voting power over 114,501 shares for a
total of 17.8% of the Common Stock of the Company.
(c) During the last sixty days, Mr. Ardinger has sold 170,600
redeemable common stock purchase warrants in four transactions at
prices ranging from $1.25 per warrant to $1.6875 per warrant.
(d) No such person exists.
(e) Not applicable.
4
<PAGE>
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
SIGNATURES
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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.
BY: /s/ H.T. Ardinger, Jr.
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H.T. Ardinger, Jr.
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