SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Cimatron Ltd.
Ordinary Shares, NIS 0.10 par value per share
(Title of Class of Securities) |
M23798107
(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)
* | | 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).
CUSIP No. M23798107 | | Page 2 of 5 Pages |
1 | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) William F. Gibbs |
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 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | |
6 | SHARED VOTING POWER 0 |
7 | SOLE DISPOSITIVE POWER |
8 | SHARED DISPOSITIVE POWER 0 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
12 | TYPE OF REPORTING PERSON IN |
CUSIP No. M23798107 | | Page 3 of 5 Pages |
Item 1.
| (a) | Name of Issuer: Cimatron Ltd. (the “Issuer”) |
| (b) | Address of Issuer’s Principal Executive Offices: 11 Gush Etzion Street, Givat Shmuel, Israel |
Item 2.
| (a) | Name of Person Filing: William F. Gibbs (the “Reporting Person”) |
| (b) | Address of Principal Business Office or, if None, Residence: 4017 North Cedarpine Lane, Moorpark, California 93021 |
| (d) | Title of Class of Securities: Ordinary Shares, NIS 0.10 par value per share (“Ordinary Shares”) |
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) | ¨ | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). |
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| (b) | ¨ | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). |
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| (c) | ¨ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
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| (d) | ¨ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
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| (e) | ¨ | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E). |
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| (f) | ¨ | An employee benefit plan or endowment fund in accordance with §240.13d-1 (b)(1)(ii)(F). |
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| (g) | ¨ | A parent holding company or control person in accordance with §240.13d-1 (b)(1)(ii)(G). |
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| (h) | ¨ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). |
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| (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); |
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| (j) | ¨ | Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
CUSIP No. M23798107 | | Page 4 of 5 Pages |
(a) Amount beneficially owned: 0 Ordinary Shares
On May 21, 2013, the Reporting Person, together with the Issuer and DBSI Investments Ltd., entered into an Underwriting Agreement, dated May 21, 2013 (the “Underwriting Agreement”), with Roth Capital Partners, LLC, as sole underwriter (the “Underwriter”). Pursuant to the Underwriting Agreement, the Reporting Person offered for sale 570,637 Ordinary Shares (the “Initial Shares”) and granted the Underwriter an option, exercisable within 30 days, to purchase up to an additional 85,595 Ordinary Shares (the “Over-Allotment Shares”) from the Reporting Person to cover over-allotments. The closing of the offering of the Initial Shares and the Over-Allotment Shares occurred on May 24, 2013 and May 29, 2013, respectively. The sale of the Initial Shares and Over-Allotment Shares by the Reporting Person together reduced the Reporting Person's beneficial ownership from 656,232 Ordinary Shares to zero Ordinary Shares.
(b) Percent of class: | | | % |
(c) Number of shares as to which such person has: | | | |
(i) Sole power to vote or to direct the vote | | | |
(ii) Shared power to vote or to direct the vote | | 0 | |
(iii) Sole power to dispose or to direct the disposition of | | | |
(iv) Shared power to dispose or to direct the disposition of | | 0 | |
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 5 percent of the class of securities, check the following x
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 Member of the Group. |
Not applicable.
Item 9. | Notice of Dissolution of Group. |
Not applicable.
The Reporting Person hereby certifies as follows:
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.
CUSIP No. M23798107 | 13G/A | Page 5 of 5 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.
| Date: June 4, 2013 | |
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| By: | /s/ William F. Gibbs | |
| | Name : William F. Gibbs | |
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