MIND CTI LTD — Major Shareholding Notification 2011

Feb 7, 2011

SC 13G 1 monica13g722011.htm html PUBLIC "-//W3C//DTD HTML 3.2//EN" MIND CTI LTD (Form: SC 13G) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549

SCHEDULE 13G (Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)

(Amendment No.1)

MIND C.T.I. Ltd. (Name of Issuer)

Ordinary Shares, NIS 0.01 nominal value (Title of Class of Securities)

M7024010

(CUSIP Number)

February 6, 2011 (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)

[X] 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 the 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 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. M7024010 SCHEDULE 13G ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Monica Iancu ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [] (b) [] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION Israel ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 4,186,734 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY None _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 4,186,734 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH None ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,186,734 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES Not Applicable [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 22.6% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* IN ________________________________________________________________________________

Item 1

(a). Name of Issuer:

MIND C.T.I. Ltd.

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(b). Address of Issuer's Principal Executive Offices:

Industrial Park, Building 7, P.O. Box 144, Yoqneam 20692 Israel

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Item 2

(a). Name of Person Filing:

Monica Iancu

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

66 Pinkas, Tel Aviv, Israel

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(c). Citizenship:

Israel

(d). Title of Class of Securities:

Ordinary shares, NIS 0.01 nominal value ("Ordinary Shares")

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(e). CUSIP Number:

M7024010

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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:

Not applicable

Item 4. Ownership.

(a) Amount beneficially owned:

4,186,734

(b) Percent of class:

22.6%

(c) Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote

4,186,734

(ii) Shared power to vote or to direct the vote

None

(iii) Sole power to dispose or to direct the disposition of

4,186,734

(iv) Shared power to dispose or to direct the disposition of

None

Item 5. Ownership of Five Percent or Less of a Class.

Not Applicable

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Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

Not Applicable

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Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company

Not Applicable

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Item 8. Identification and Classification of Members of the Group.

Not Applicable

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Item 9. Notice of Dissolution of Group.

Not Applicable

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Item 10. Certifications.

Not Applicable

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.

February 6, 2011 Date

/s/ Monica Iancu ------------------ Monica Iancu ------------------

Name/Title