UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
LOGICVISION, INC.
(Name of Issuer)
Common Stock, par value $.0001
(Title of Class of Securities)
| 54140W107 (CUSIP Number) |
December 31, 2002
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x Rule 13d-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 (“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).
CUSIP No. 54140W107
| 1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Navindra Jain |
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| 2. |
Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨ |
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| 3. |
SEC Use Only
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| 4. |
Citizenship or Place of Organization
United States |
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| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. Sole Voting Power
774,441 shares* 6. Shared Voting Power
None 7. Sole Dispositive Power
774,441 shares* 8. Shared Dispositive Power
None | |
| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
774,441 shares* |
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| 10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
¨ |
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| 11. |
Percent of Class Represented by Amount in Row (9)
5.0% |
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| 12. |
Type of Reporting Person (See Instructions)
IN |
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* Includes 7,500 shares benefically owned pursuant to stock options exercisable within 60 days of December 31, 2002.
Item 1(a) Name of Issuer:
LogicVision, Inc.
Item 1(b) Address of Issuer’s Principal Executive Offices:
101 Metro Drive, Third Floor, San Jose, CA 95110
Item 2(a) Name of Person Filing:
Navindra Jain
Item 2(b) Address of Principal Business Office or, if none, Residence:
101 Metro Drive, Third Floor, San Jose, CA 95110
Item 2(c) Citizenship:
United States
Item 2(d) Title of Class of Securities:
Common Stock, $.0001 par value
Item 2(e) CUSIP Number:
54140W107
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
| (a) | q Broker or Dealer registered under Section 15 of the Act |
| (b) | q Bank as defined in section 3(a)(6) of the Act |
| (c) | q Insurance Company as defined in section 3(a)(19) of the Act |
| (d) | q Investment Company registered under section 8 of the Investment Company Act of 1940 |
| (e) | q Investment Adviser in accordance with Section 240.13d-1(b)(1)(ii)(E) |
| (f) | q An employee benefit plan or an endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F) |
| (g) | q Parent holding company or control person in accordance with Section 240.13d-1(b)(ii)(G) |
| (h) | q A saving association as defined in Section 3(b) of the Federal Deposit Insurance Act |
| (i) | q A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 |
| (j) | q Group, in accordance with Section 240.13d-1(b)(ii)(J) |
Not applicable.
Item 4. Ownership
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) | Amount beneficially owned: 774,441 shares of Common Stock |
| (b) | Percent of class: 5.0%. The calculation of percentage of beneficial ownership was based on 15,245,503 shares of Common Stock outstanding as of December 31, 2002. |
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(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 774,441 shares, which includes 7,500 shares beneficially owned pursuant to stock options exercisable within 60 days of December 31, 2002.
(ii) Shared power to vote or to direct the vote: None.
(iii) Sole power to dispose or to direct the disposition of: 774,441 shares, which includes 7,500 shares beneficially owned pursuant to stock options exercisable within 60 days of December 31, 2002.
(iv) Shared power to dispose or to direct the disposition of: None.
| Item 5. | Ownership of Five Percent or Less of a Class |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
| 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 or Control Person |
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. | Certifications |
Not applicable.
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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 6 , 2003.
| By: |
/S/ NAVINDRA JAIN | |
| Navindra Jain |
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