SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____)
SCHICK TECHNOLOGIES, INC.
(Name of Issuer)
Common Stock (par value $.01)
(Title of Class of Securities)
806683108
(CUSIP Number)
July 5, 2001
(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)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
CUSIP NO. 806683108
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
David Schick
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 1,063,789(1)
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY None
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 1,063,789
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH None
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,063,789
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.0%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
----------
(1) The number of shares of common stock of the Issuer beneficially owned
includes 109,639 shares of common stock issuable upon the exercise of
options beneficially owned by Mr. Schick.
Item 1(a). Name of issuer:
SCHICK TECHNOLOGIES, INC.
Item 1(b). Address of issuer's principal executive offices:
30-00 47th Avenue, Long Island City, NY 11101
Item 2(a). Names of person filing: David Schick
Item 2(b). Address of principal business office:
147-48 69th Road, Kew Garden Hills, NY 11367
Item 2(c). Citizenship:
Untied States
Item 2(d). Title of class of securities:
Common Stock, par value $.01
Item 2(e). CUSIP No.: 806683108
Item 3. If this statement is filed pursuant to Secs. 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) |_| Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o);
(b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
78c);
(c) |_| Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c);
(d) |_| Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e) |_| An investment adviser in accordance with Sec.
240.13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in accordance
with Sec. 240.13d-1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance
with Sec. 240.13d-1(b)(ii)(G);
(h) |_| A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) |_| 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 (15 U.S.C. 80a-3);
(j) |_| Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership
(a) Amount beneficially owned:
1,063,789
(b) Percent of class:
7.0%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1,063,789
(ii) Shared power to vote or to direct the vote:
None
(iii) Sole power to dispose or to direct the disposition of:
1,063,789
(iv) Shared power to dispose or to direct the disposition of:
None
Item 5. Ownership of 5 percent or Less of a Class
Item 6. Ownership of More than 5 Percent on Behalf of Another Person
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company or
Control Person
Item 8. Identification and Classification of Members of the Group
Item 9. Notice of Dissolution of Group
As disclosed in a Schedule 13D filed by David Schick (the "Reporting Person")
with the Securities and Exchange Commission on January 7, 2000, in connection
with, and as a condition to, a loan agreement (the "Loan Agreement"), dated as
of December 27, 1999, by and between Schick Technologies, Inc. (the "Issuer")
and Greystone Funding Corporation , a corporation organized under the laws of
the Commonwealth of Virginia ("Greystone"), on December 27, 1999 the Reporting
Person entered into a Stockholders' Agreement (the "Stockholders Agreement")
dated as of December 27, 1999 by and among the Issuer, Greystone, the Reporting
Person and Allen Schick, the Reporting Person's father.
Within the meaning of Rule 13(d)(5) under the Securities Exchange Act of 1934,
as amended (the "Act"), the terms of the Stockholders' Agreement could have been
deemed to provide for an agreement among the parties thereto to act together for
the purpose of voting and disposing of equity securities of the Issuer.
Accordingly, the parties thereto could have been deemed to be members of a
"group" and could have been deemed to be beneficial owners of all of the
securities held by such group. The Reporting Person denied the existence of such
a group and disclaimed beneficial ownership of the securities held by any person
other than by the Reporting Person.
On July 5, 2001 the Stockholders' Agreement expired and therefore the Reporting
Person is no longer deemed to be part of a group acting together for the purpose
of voting and disposing of equity securities of the Issuer. Therefore, pursuant
to Rule 13d-1(e) of the Act, the Reporting Person is no longer required to
report his beneficial ownership of the Issuer on Schedule 13D and pursuant to
Rule 13d-1(h) of the Act, the Reporting Person is now reporting his beneficial
ownership of the Issuer on Schedule 13G.
Item 10. Certifications
(a)
(b) The following certification shall be included if the statement is
filed pursuant to Sec. 240.13d-1(c):
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 that purpose or effect.
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: August 27, 2004
/s/ David Schick
--------------------------
Signature
David Schick
--------------------------
Name/Title