UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(G), (C) AND (D) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(f)
(Amendment No. 3)*
ACCOM, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
004334108
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(CUSIP Number)
February 12, 1999
-----------------
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which the Schedule
is filed:
[ ] Rule13d-1(b)
[X] Rule13d-1(c)
[ ] Rule13d-1(d)
* 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 the
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 (the "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).
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CUSIP No. 004334108 13G/A Page 2 of 9 Pages
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
The Sheikh Revocable Trust Under Agreement Dated June 4, 1986 (the "Sheikh Revocable Trust")
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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. CITIZENSHIP OR PLACE OF ORGANIZATION:
California, U.S.A.
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5. SOLE VOTING POWER:
NUMBER OF 912,674 shares of which Julie I. Sheikh and Junaid Sheikh are the
SHARES Trustees and may be deemed have shared voting power to vote.
BENEFICIALLY -------- --------------------------------------------------------------------------
OWNED BY EACH 6. SHARED VOTING POWER:
REPORTING See response to Row 5
PERSON WITH -------- --------------------------------------------------------------------------
7. SOLE DISPOSITIVE POWER:
912,674 shares of which Julie I. Sheikh and Junaid Sheikh are the Trustees
and may be deemed to have shared dispositive power
-------- --------------------------------------------------------------------------
8. SHARED DISPOSITIVE POWER:
See response to Row 7
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 912,674
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES** [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
9.0%
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12. TYPE OF REPORTING PERSON:**
OO
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<FN>
**SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
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CUSIP No. 004334108 13G/A Page 3 of 9 Pages
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Julie I. Sheikh
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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. CITIZENSHIP OR PLACE OF ORGANIZATION:
U.S.A.
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NUMBER OF 5. SOLE VOTING POWER:
SHARES 0 Shares
BENEFICIALLY -------- --------------------------------------------------------------------------
OWNED BY EACH 6. SHARED VOTING POWER:
REPORTING 912,674 shares held directly by the Sheikh Revocable Trust of which Julie
PERSON WITH I. Sheikh is one of the sole trustees and may be deemed to have shared
power to vote.
-------- --------------------------------------------------------------------------
7. SOLE DISPOSITIVE POWER:
0 Shares
-------- --------------------------------------------------------------------------
8. SHARED DISPOSITIVE POWER:
912,674 shares held directly by the Sheikh Revocable Trust of which Julie
I. Sheikh is one of the sole trustees and may be deemed to have shared
dispositive power.
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 912,674
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES** [ ]
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12. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
9.0%
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13. TYPE OF REPORTING PERSON:**
IN
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<FN>
**SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
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<TABLE>
<CAPTION>
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CUSIP No. 004334108 13G/A Page 4 of 9 Pages
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Junaid Sheikh
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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. CITIZENSHIP OR PLACE OF ORGANIZATION:
U.S.A.
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NUMBER OF 5. SOLE VOTING POWER:
SHARES 94,369 shares are issuable upon the exercise of options which are fully vested or
BENEFICIALLY will vest within 60 days of this filing. Another 302,917 shares may become
OWNED BY EACH issuable upon the exercise of options which are currently not vested and will not
REPORTING vest within 60 days of this filing.
PERSON WITH ----- -----------------------------------------------------------------------------------
6. SHARED VOTING POWER:
912,674 shares held directly by the Sheikh Revocable Trust of which Junaid Sheikh
is one of the trustees and may be deemed to have shared power to vote.
----- -----------------------------------------------------------------------------------
7. SOLE DISPOSITIVE POWER:
94,369 shares are issuable upon the exercise of options which are fully vested or
will vest within 60 days of this filing. Another 302,917 shares may become
issuable upon the exercise of options which are currently not vested and will not
vest within 60 days of this filing.
----- -----------------------------------------------------------------------------------
8. SHARED DISPOSITIVE POWER:
912,674 shares held directly by the Sheikh Revocable Trust of which Junaid Sheikh
is one of the trustees and may be deemed to have shared dispositive power.
---------- -----------------------------------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 1,007,043
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES** [ ]
---------- -----------------------------------------------------------------------------------------------------------
12. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
9.9%
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13. TYPE OF REPORTING PERSON:**
IN
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<FN>
**SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
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CUSIP No. 004334108 13G/A Page 5 of 9 Pages
ITEM 1(a). Name of Issuer:
Accom, Inc. (the "Issuer")
ITEM 1(b). Address of Issuer's Principal Executive Offices:
1490 O'Brien Drive
Menlo Park, California 94025
ITEM 2(a). Name of Person Filing:
This statement is filed by the Sheikh Revocable Trust under
Agreement dated June 4, 1986, Julie I. Sheikh and Junaid
Sheikh. In this statement, the persons filings are
collectively referred to as the "Reporting Persons" or
individually as the "Reporting Person."
ITEM 2(b). Address of Principal Business Office or, if none, Residence:
c/o Accom, Inc.
1490 O'Brien Drive
Menlo Park, California 94025
ITEM 2(c). Citizenship:
See Row 4 of cover page for each Reporting Person.
ITEM 2(d). Title of Class of Securities:
Common Stock
ITEM 2(e). CUSIP Number:
004334108
ITEM 3. If this statement is filed pursuant to Rule 13d-1(c), check this box.
[X]
ITEM 4. Ownership.
(a) Amount Beneficially Owned:
See Row 9 of cover page for each Reporting Person.
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CUSIP No. 004334108 13G/A Page 6 of 9 Pages
(b) Percent of Class:
See Row 11 of cover page for each Reporting Person.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
See Row 5 of cover page for each Reporting Person.
(ii) Shared power to vote or to direct the vote
See Row 6 of cover page for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of
See Row 7 of cover page for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition of
See Row 8 of cover page for each Reporting Person.
ITEM 5. Ownership of Five Percent or Less of a Class
Not Applicable.
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.
The Reporting Persons may be deemed a "group" for the purposes
of Section 13(d) and 13(g) of the Act and the rules
thereunder, although each expressly disclaims any assertion or
presumption that it or the other persons on whose behalf this
statement is filed constitutes a "group." The filing of this
statement should not be construed to be an admission that any
of the Reporting Persons is a member of a "group" consisting
of one or more persons.
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CUSIP No. 004334108 13G/A Page 7 of 9 Pages
ITEM 9. Notice of Dissolution of Group.
Not Applicable.
ITEM 10. Certifications
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in
connection with or as a participant in any transaction having
such purposes or effect.
<PAGE>
CUSIP No. 004334108 13G/A Page 8 of 9 Pages
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 12, 1999
The Sheikh Revocable Trust
Under Agreement Dated June 4, 1986
By: /s/ JUNAID SHEIKH
--------------------------------
Junaid Sheikh, Trustee
/s/ JULIE I. SHEIKH
--------------------------------
Julie I. Sheikh
/s/ JUNAID SHEIKH
--------------------------------
Junaid Sheikh
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CUSIP No. 004334108 13G/A Page 9 of 9 Pages
Exhibit 1
AGREEMENT RELATING TO
JOINT FILING OF SCHEDULE 13G
The undersigned hereby agree that a single Schedule 13G (or any amendment
thereto) relating to the Common Stock of Accom, Inc. shall be filed on behalf of
each of the undersigned and that this Agreement shall be filed as an exhibit to
such Schedule 13G.
Dated: February 12, 1999
The Sheikh Revocable Trust
Under Agreement Dated June 4, 1986
By: /s/ JUNAID SHEIKH
--------------------------------
Junaid Sheikh, Trustee
/s/ JULIE I. SHEIKH
--------------------------------
Julie I. Sheikh
/s/ JUNAID SHEIKH
--------------------------------
Junaid Sheikh
