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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___)*
PERIPHONICS CORPORATION
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(Name of Issuer)
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Common Stock
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(Title of Class of Securities)
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7145005 10 5
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(CUSIP Number)
Check the following box if a fee is being paid with this statement. (A fee
is not required only if the filing 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).
*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 in 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>
13G
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CUSIP No. 7145005 10 5 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
Peter J. Cohen
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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 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 574,986
OWNED BY
EACH
REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
0
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7 SOLE DISPOSITIVE POWER
574,986
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
574,986
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.27%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
AMENDMENT NO. __ TO SCHEDULE 13G
Item 1(a). Name of Issuer:
Periphonics Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
4000 Veterans Memorial Highway
Bohemia, New York 11716
Item 2(a). Name of Person Filing:
Peter J. Cohen
Item 2(b). Address of Principal Business Office or, if None, Residence:
4000 Veterans Memorial Highway
Bohemia, New York 11716
Item 2(c). Citizenship:
USA
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
7145005 10 5
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not Applicable
Item 4. Ownership. As of [December 31, 1997]:
(a) Amount beneficially owned: 574,986*
(b) Percent of class: 4.27%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote:
574,986*
(ii) Shared power to vote or direct the vote:
0
(iii) Sole power to dispose or direct
the disposition of:
574,986*
(iv) Shared power to dispose or direct the
disposition of:
0
<PAGE>
Item 5. Ownership of Five Percent or Less of a Class.
This filing is to indicate that Peter J. Cohen's holding no longer exceed
5%.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
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.
Item 10. Certification.
Not applicable.
*479,894 of these shares are held of record in a Grantor Retained Annuity
Trust for the benefit of Mr. Cohen's children of which Mr. Cohen is a co-trustee
and retains voting and dispositive power with respect to these shares and 95,092
are held in an individual account.
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 13, 1998
/s/Peter J. Cohen
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Peter J. Cohen
