UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
IMAGE SENSING SYSTEMS, INC.
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(Name of Issuer)
COMMON STOCK, WARRANTS
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(Title of Class of Securities)
452 44C 104
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(CUSIP Number)
PETER L. HAUSER 612 543 2821
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
5/14/99
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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-l(e), 13d-1(f) or 13d-1(g), check the
following box. [ ]
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.
(Cover page continued on next page)
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SCHEDULE 13D
<TABLE>
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<S> <C> <C> <C>
CUSIP NO. PAGE 2 OF 4 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
PETER L. HAUSER ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
N/A (See item 3) PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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NUMBER OF SOLE VOTING POWER
SHARES 7 127,000
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BENEFICIALLY SHARED VOTING POWER
OWNED BY 8
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EACH SOLE DISPOSITIVE POWER
REPORTING 9
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PERSON SHARED DISPOSITIVE POWER
WITH 10
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
127,000
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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)
5.12262%
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14 TYPE OF REPORTING PERSON*
IN
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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<PAGE>
ITEM 1. SECURITY AND ISSUER.
COMMON, WARRANTS
ITEM 2. IDENTITY AND BACKGROUND.
PETER L. HAUSER
16913 KINGS COURT
LAKEVILLE, MN 55044
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
PERSONAL FUNDS
5/14/99 4000 3 3/16
ITEM 4. PURPOSE OF TRANSACTION.
INVESTMENT
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
5.12262%
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
N/A
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
NONE
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<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
I hereby certify that the information set forth in this statement is true,
complete and correct.
Dated: 5/23/99
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/s/ PETER L. HAUSER
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Signature
PETER L. HAUSER
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Name/Title
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Signature
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Name/Title
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