Sec Form 13G Filing - Hyer Raymond T filing for INTRUSION INC PAR $0.01 (INTZ) - 2024-02-20

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.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

Amendment No. 1 to

SCHEDULE 13G

[Rule 13d-102]

 

Under the Securities Exchange Act of 1934

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
SECTION 240.13d-1(b), (c), and (d) AND AMENDMENTS THERETO FILED
PURSUANT TO SECTION 240.13d-2

 

Intrusion Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

46121E205

(CUSIP Number)

 

December 31, 2023

(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)
     
  Rule 13d-1(d)

       

 

 

 

CUSIP No. 46121E205

 

1.

Names of Reporting Persons.

 

Raymond T. Hyer

 
2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a) ☐

(b) ☐

 

3.

SEC Use Only

 

 

 
4.

Citizenship or Place of Organization

 

U.S.

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5.

Sole Voting Power

 

3,698,619

 
6.

Shared Voting Power

 

550,000

 

7.

 

Sole Dispositive Power

 

3,698,619

 

8.

 

Shared Dispositive Power

 

550,000

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,248,619

 
10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

☐ 

11.

 

Percent of Class Represented by Amount in Row (9)

 

11.50%(1)

 
12.

Type of Reporting Person (See Instructions)

 

IN

 

 

 (1) Based on an aggregate of 36,268,942 shares of common stock outstanding as of January 16, 2024.

 

 

CUSIP No. 46121E205

 

1.

Names of Reporting Persons.

 

Futura Circuits Corp.

 
2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a) ☐

(b) ☐

 

3.

SEC Use Only

 

 

 
4.

Citizenship or Place of Organization

 

Florida

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5.

Sole Voting Power

 

0

 
6.

Shared Voting Power

 

300,000

 

7.

 

Sole Dispositive Power

 

0

 

8.

 

Shared Dispositive Power

 

300,000

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

300,000

 
10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

☐ 

11.

 

Percent of Class Represented by Amount in Row (9)

 

0.83%(1)

 
12.

Type of Reporting Person (See Instructions)

 

CO

 

 

(1) Based on an aggregate of 36,268,942 shares of common stock outstanding as of January 16, 2024.

 

 

CUSIP No. 46121E205

 

1.

Names of Reporting Persons.

 

Hyer Family Partnership, LLC

 
2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a) ☐

(b) ☐

 

3.

SEC Use Only

 

 

 
4.

Citizenship or Place of Organization

 

Florida

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5.

Sole Voting Power

 

0

 
6.

Shared Voting Power

 

250,000

 

7.

 

Sole Dispositive Power

 

0

 

8.

 

Shared Dispositive Power

 

250,000

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

250,000

 
10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

☐ 

11.

 

Percent of Class Represented by Amount in Row (9)

 

0.69%(1)

 
12.

Type of Reporting Person (See Instructions)

 

OO

 

 

(1) Based on an aggregate of 36,268,942 shares of common stock outstanding as of January 16, 2024.

 

 

ITEM 1.(a) Name of Issuer: Intrusion, Inc. (the “Issuer”)

 

(b) Address of Issuer’s Principal Executive Offices:

 

101 East Park Blvd, Suite 1200

Plano, Texas 75074

 

ITEM 2.(a) Name of Person Filing:

 

This Schedule 13G is being jointly filed by and on behalf of (i) Raymond T. Hyer, a citizen of the United States (“RTH”), (ii) Futura Circuits Corp., a Florida corporation of which RTH is the President, with respect to which RTH controls all decisions regarding the Issuer’s common stock, and which is primarily owned by members of RTH’s family, and (iii) Hyer Family Partnership, LLC, a Florida limited liability company, of which RTH has the largest ownership percentage (the “Reporting Persons”).

 

The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed as an exhibit hereto, pursuant to which the Reporting Persons have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended.

 

(b)Address of Principal Business Office, or if None, Residence:

 

The address of each of the Reporting Persons is 3919 E. 7th Ave, Tampa, Florida 33605.

 

(c)Citizenship or Place of Organization:

 

Raymond T. Hyer is a citizen of the United States. The place of organization of Futura Circuits Corp. and Hyer Family Partnership, LLC is Florida.

  

(d)Title of Class of Securities:

 

This Schedule 13G relates to the Issuer’s Common Stock, par value $0.01 per share.

 

(e)CUSIP Number:   46121E205

 

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:

 

Not Applicable.

 

ITEM 4. OWNERSHIP.

 

The information required by Item 4 is set forth in Rows 5 – 11 of the cover pages hereto and incorporated by reference herein.

 

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

 


Not Applicable.

 

 

 

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 MEMBERS OF THE GROUP.

 

Not Applicable.

 

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

 

Not Applicable.

 

ITEM 10. CERTIFICATIONS.

 

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, other than activities solely in connection with a nomination under Section 240.14a-11.

 

 

 

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: February 20, 2024

 

 

/s/ Raymond T. Hyer

Raymond T. Hyer

 

FUTURA CIRCUITS CORP.

a Florida corporation

 

By: /s/ Raymond T. Hyer

Name: Raymond T. Hyer

Title: President

 

HYER FAMILY PARTNERSHIP, LLC

a Florida corporation

  

By: /s/ Sean Poole

Name: Sean W. Poole

Title: Manager