| | |
CUSIP No. 583062203 | 13D | Page 3 of 8 |
Item 1. Security and Issuer
The common stock, $.01 par value per share (the “Common Stock”) of Meade Instruments Corp., a Delaware corporation (the “Issuer”). The address of the principal executive offices of the Issuer is 27 Hubble, Irvine, California 92618.
Item 2. Identity and Background
(a) Name: Zhang Xiaoyan
(b) Residence or business address:
1528 East Zhuan Xing Rd., Building 11, Suite # 401
Shanghai, china 201108
(c) Present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted:
Vice President, Apresys Shanghai Limited
1528 East Zhuan Xing Rd., Building 11, Suite # 401
Shanghai, china 201108
(d) During the last five years, the reporting person has not been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, the reporting person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) Citizenship: China
Item 3. Source and Amount of Funds or Other Consideration
The reporting person purchased the reported shares in the open market for the aggregate net purchase price of approximately $188,505. The source of funds is personal funds.
Item 4. Purpose of Transaction
The Shares were acquired for investment purposes initially. However, the reporting person may hold discussions with various parties, including, but not limited to, the Issuer's management, its board of directors and other shareholders on a variety of possible subjects regarding ways to increase shareholder value. Some of the suggestions the reporting person might make could affect control of the Issuer and/or may relate to the following: the merger, acquisition or liquidation of the Issuer to third parties, the sale or transfer of assets of the Issuer to third parties, operational matters, a change in the board of directors or the management of the Issuer, a change in the present capitalization or dividend policy of the Issuer or a change in the Issuer's charter or by-laws. The reporting person intends to pay close attention to developments at and pertaining to the Issuer, and, subject to market conditions and other factors deemed relevant, may purchase additional Shares of the Issuer or dispose of some or such Shares in open-market transaction or privately negotiated transactions.
Item 5.
Interest in Securities of the Issuer
(a) The aggregate number and percentage of the class of securities identified:
75,402 shares representing approximately 5.77% of total shares outstanding
(b) Number of shares as to which the person has: |
|
( i) | Sole power to vote or to direct the vote | 75,402 | , |
| | |
(ii) | Shared power to vote or to direct the vote | 0 | , |
| | |
(iii) | Sole power to dispose or to direct the disposition of | 75,402 | , |
| | |
(iv) | Shared power to dispose or to direct the disposition of | 0 | . |
(c) Describe any transactions in the class of securities reported on that were effected during the past sixty days or since the most recent filing of Schedule 13D (§240.13d-191), whichever is less, by the persons named in response to paragraph (a).
Date | Type | Description | Amount |
5/8/2013 | Bought | 3000 of MEAD @ $1.75 | -5259.99 |
5/8/2013 | Bought | 3000 of MEAD @ $1.75 | -5259.99 |
5/8/2013 | Bought | 2000 of MEAD @ $1.75 | -3509.99 |
5/8/2013 | Bought | 2000 of MEAD @ $1.75 | -3509.99 |
5/8/2013 | Bought | 1000 of MEAD @ $1.75 | -1759.99 |
(d) Other than as described in this Schedule 13D, as amended, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.
(e) If applicable, state the date on which the reporting person ceased to be the beneficial owner of more than five percent of the class of securities.
N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
The reporting person submitted a stockholder proposal for board director nomination to the Issuer on May 13.
Item 7. Material to be Filed as Exhibits
[Signature Page Follows.]
| | |
CUSIP No. 583062203 | 13D | Page 4 of 8 |
Signatures
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: May 18, 2013
By:
/s/ Zhang Xiaoyan
Name: Zhang Xiaoyan
Title: Authorized Person
