Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.1)*
ICTS International N.V.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
N43837108
(CUSIP Number)
Amos Megides
21 Morad Hanachal Street
Hofit 40295, Israel
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and
Communications)
July 15, 2010
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 1 3D, and is filing this
schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the
following box.[ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
(1) 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 on 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).
1 NAMES OF REPORTING PERSONS
Amos Megides
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
N/A foreign entity
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) | |
(b) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
PF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
================================================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,025,692
------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY N/A
------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORT 1,025,692
------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH N/A
================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,025,692
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_| (See Instructions)
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
================================================================================
2
Item 1. Security and Issuer
Common Stock, ICTS International, N.V., Holland: Biesboch 225, 1181 JC
Amsteiveen
Item 2. Identity and Background
(a) Amos Megides
(b) 21 Morad Hanachal Street, Hofit 40295, Israel
(c) General Manager, Tosaf Compounds, P.O. Box 52, Kfur Yona, Israel
40300
(d) N/A
(e) N/A
(f) Israel
Item 3. Source and Amount of Funds and Other Consideration
PF - $250,000
Item 4. Purpose of Transaction
(a) Personal Investment - 119,048 shares representing 1%
(b) N/A
(c) N/A
(d) N/A
(e) N/A
(f) N/A
(g) N/A
(h) N/A
(i) N/A
(j) N/A
Item 5. Interest in Securities of the Issuer.
(a) The investor entered into an agreement to purchase 119,048 shares of
common stock at $2.10 per share, in a private transaction, resulting
in the acquisition of an additional 1% of the outstanding shares of
the Issuer.
(b) 1,025,692 representing 13%
(c) N/A
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(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
N/A
Item 7. Material to be Filed as Exhibits
N/A
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: July 15, 2010
By: /s/ Amos Megides
--------------------------------------------
Amos Megides
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