<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1 )*
---
DSP Communications, Inc.
--------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.001 per share
--------------------------------------------------------
(Title of Class of Securities)
23332K 10 6
--------------------------------------------------------
(CUSIP Number)
Davidi Gilo
c/o DSP Communications, Inc.
20300 Stevens Creek Boulevard, Suite 465, Cupertino, CA 95014
-------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
March 9, 1998
--------------------------------------------------------
(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 Sections 240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box / /.
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).
<PAGE>
CUSIP No. 23332K 10 6
-----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Davidi Gilo, individually and as sole shareholder and President of Harmony
Management, Inc., as trustee of the Davidi and Sandra Gilo Trust, and as
President of the Gilo Family Foundation
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /X/
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Source of Funds*
Not applicable
- -------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned 1,951,549 shares
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
0
--------------------------------------------------
(9) Sole Dispositive Power
1,951,549 shares
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,951,549 shares
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
4.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 23332K 10 6
-----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Harmony Management, Inc.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /X/
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Source of Funds*
Not applicable
- -------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization
California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned 1,313,704 exercised by Davidi Gilo as sole
by Each Reporting shareholder and President
Person with --------------------------------------------------
(8) Shared Voting Power
0
--------------------------------------------------
(9) Sole Dispositive Power
1,313,704 exercised by Davidi Gilo as sole
stockholder and President
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,313,704 exercised by Davidi Gilo as sole stockholder and President
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
3.3%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
CO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 23332K 10 6
-----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Davidi and Sandra Gilo Trust Dated January 18, 1991
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /X/
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Source of Funds*
Not applicable
- -------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization
California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned 382,657 exercised by Davidi Gilo as trustee
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
0
--------------------------------------------------
(9) Sole Dispositive Power
382,657 exercised by Davidi Gilo as trustee
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
382,657 exercised by Davidi Gilo as trustee
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
1.0%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 23332K 10 6
-----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Gilo Family Foundation
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /X/
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Source of Funds*
Not applicable
- -------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization
California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned 100,000 exercised by Davidi Gilo as President
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
0
--------------------------------------------------
(9) Sole Dispositive Power
100,000 exercised by Davidi Gilo as President
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
100,000 exercised by Davidi Gilo as President
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
0.3%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
CO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
AMENDMENT NO. 1 TO SCHEDULE 13D
This is an amendment to the statement on Schedule 13D dated October 27,
1997 with respect to the common stock, par value $0.001 per share (the "Common
Stock") of DSP Communications, Inc. (the "Issuer"), filed on behalf of Harmony
Management, Inc. ("Harmony"), the Davidi and Sandra Gilo Trust dated January
18, 1991 (the "Trust"), the Gilo Family Foundation (the "Foundation"), and
Davidi Gilo, individually and as sole stockholder and President of Harmony, as
trustee of the Trust, and as President of the Foundation.
As of March 9, 1998, none of the reporting persons beneficially owns 5% or
more of the Issuer's Common Stock and from such date will no longer be required
to file on Schedule 13D. This filing speaks as of March 9, 1998, and does not
make any statements with respect to any day following such date.
Item 5 is hereby amended as follows:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
As of the date of this Amendment No. 1 to Schedule 13D, (i) Mr. Gilo owns
individually options to purchase an aggregate of 155,188 shares of the Issuer's
Common Stock which are exercisable within 60 days, representing 0.4% of the
shares outstanding; (ii) Harmony owns an aggregate of 1,313,704 shares of the
Issuer's Common Stock, representing 3.3% of the shares outstanding; (iii) the
Trust owns an aggregate of 382,657 shares of the Issuer's Common Stock,
representing 1.0% of the shares outstanding; and (iv) the Foundation owns an
aggregate of 100,000 shares of the Issuer's Common Stock, representing 0.3% of
the shares outstanding. Accordingly, Mr. Gilo, individually and as the sole
shareholder and President of Harmony, as trustee of the Trust, and as President
of the Foundation, is deemed to beneficially own an aggregate of 1,951,549 of
the outstanding shares of the Issuer's Common Stock, representing 4.9% of the
outstanding shares, based on 39,774,788 shares of Common Stock outstanding.
Page 6 of 8
<PAGE>
The reporting persons have made the following sales of Common Stock within the
last 60 days:
<TABLE>
<CAPTION>
Reporting Price
Person Date Shares Per Share
--------- ---------- -------- ---------
<S> <C> <C> <C>
Trust 1/26/98 35,000 $14.0000
Trust 1/27/98 50,000 $14.2500
Harmony 1/28/98 19,000 $14.3125
Trust 2/2/98 50,000 $14.8125
Trust 2/3/98 25,000 $15.0000
Trust 2/3/98 16,000 $15.2500
Trust 2/9/98 25,000 $15.1250
Trust 2/10/98 5,000 $15.7500
Trust 2/11/98 10,000 $15.6250
Trust 2/11/98 42,000 $15.3185
Trust 2/11/98 20,000 $15.5000
Trust 2/12/98 10,000 $15.8750
Trust 2/23/98 10,000 $15.7500
Trust 2/23/98 20,000 $16.0000
Trust 2/23/98 15,000 $16.1250
Trust 2/25/98 20,000 $16.6250
Trust 2/25/98 15,000 $16.6250
Trust 2/26/98 20,000 $16.8750
Trust 2/26/98 25,000 $16.8125
Trust 2/27/98 50,000 $17.5000
Trust 2/27/98 20,000 $17.6875
</TABLE>
Page 7 of 8
<PAGE>
SIGNATURES
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: March 9, 1998
/s/ Davidi Gilo
---------------------------------
DAVIDI GILO
HARMONY MANAGEMENT, INC.
By: /s/ Davidi Gilo
----------------------------
Davidi Gilo, President
THE DAVIDI AND SANDRA GILO TRUST
By: /s/ Davidi Gilo
----------------------------
Davidi Gilo, Trustee
GILO FAMILY FOUNDATION
By: /s/ Davidi Gilo
----------------------------
Davidi Gilo, President
Page 8 of 8
