TAITRON COMPONENTS INC — Major Shareholding Notification 2003

Feb 12, 2003

SC 13G/A 1 dsc13ga.htm AMENDMENT NO. 6 TO FORM SC13G Amendment No. 6 to Form SC13G

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

SCHEDULE 13G

INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 6)*

TAITRON COMPONENTS INCORPORATED
(Name of Issuer)
CLASS A COMMON STOCK, PAR VALUE $.001 PER SHARE
(Title of Class of Securities)
874028 10 3
(CUSIP Number)

| * 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 coverage 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). |

1	NAMES OF REPORTING PERSONS
	S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
	Stewart Wang
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
	(a)	o
	(b)	o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	5	SOLE VOTING POWER
		912,312 **
	6	SHARED VOTING POWER
	7	SOLE DISPOSITIVE POWER
		912,312 **
	8	SHARED DISPOSITIVE POWER
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	912,312 **
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	18.45 %
12	TYPE OF REPORTING PERSON
	IN
** Includes 762,612 shares of Class A Common Stock issuable upon conversion of 762,612 shares of Class B Common Stock owned by Mr. Wang;
2,700 shares of Class A Common Stock owned of record by Mr. Wang’s wife; and; 147,000 shares of Class A Common Stock underlying options that are, or will within 60 days of the date hereof be, exercisable. The Class B Common Stock is
identical in all material respects with the Class A Common Stock, except that it carries 10 votes per share as compared to 1 vote per share.

ITEM 1(A)	NAME OF ISSUER:
	Taitron Components Incorporated
ITEM 1(B)	ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
	28040 West Harrison Parkway
	Valencia, California 91355-4162
ITEM 2(A)	NAME OF PERSON FILING:
	Stewart Wang
ITEMS 2(B)	ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
	28040 West Harrison Parkway
	Valencia, California 91355-4162
ITEM 2(C)	CITIZENSHIP:
	United States of America
ITEM 2(D)	TITLE OF CLASS OF SECURITIES:
	Class A Common Stock, par value $0.001 per share
ITEM 2(E)	CUSIP NUMBER:
	874028 10 3
ITEM 3	IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
	Not Applicable.
ITEM 4	OWNERSHIP:
ITEM 4(A)	AMOUNT BENEFICIALLY OWNED:
	912,312 **
ITEM 4(B)	PERCENT OF CLASS:
	18.45 %
ITEM 4(C)	NUMBER OF SHARES AS TO WHICH THE PERSON HAS:
	912,312 **
ITEM 4(I)	SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
	912,312 **
ITEM 4(II)	SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
ITEM 4(III)	SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
	912,312 **
ITEM 4(IV)	SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
** Includes 762,612 shares of Class A Common Stock issuable upon conversion of 762,612 shares of Class B Common Stock owned by Mr. Wang;
2,700 shares of Class A Common Stock owned of record by Mr. Wang’s wife; and; 147,000 shares of Class A Common Stock underlying options that are, or will within 60 days of the date hereof be, exercisable. The Class B Common Stock is
identical in all material respects with the Class A Common Stock, except that it carries 10 votes per share as compared to 1 vote per share.

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	CERTIFICATION.
	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 10, 2003
(Date)
/s/ Stewart Wang, CEO, President & Chief Financial Officer
(Signature)
Stewart Wang, CEO, President & Chief Financial Officer
(Name/Title)

1	NAME OF REPORTING PERSON
	S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
	Richard Chiang
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
	(a)	o
	(b)	o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Taiwan
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER
		50,527 **
	6	SHARED VOTING POWER
	7	SOLE DISPOSITIVE POWER
		50,527 **
	8	SHARED DISPOSITIVE POWER
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	50,527 **
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	1.02%
12.	TYPE OF REPORTING PERSON
	IN
** Includes 25,833 shares of Class A Common Stock underlying options that are, or will within 60 days of the date hereof be, exercisable.

ITEM 1(A) .
	Taitron Components Incorporated
ITEM 1(B) .	ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
	28040 West Harrison Parkway
	Valencia, California 91355-4162
ITEM 2(A) .	NAME OF PERSON FILING:
	Richard Chiang
ITEMS 2(B) .	ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:
	Principal Business Office:
	2F No.233-1, Bao Chiao Road, Hsin Tein
	Taipei Hsien, Taiwan, R.O.C.
ITEM 2(C) .	CITIZENSHIP:
	Taiwan
ITEM 2(D) .	TITLE OF CLASS OF SECURITIES:
	Class A Common Stock, par value $0.001 per share
ITEM 2(E) .	CUSIP NUMBER:
	874028 10 3
ITEM 3	IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
	Not Applicable.
ITEM 4	OWNERSHIP.
ITEM 4(A)	AMOUNT BENEFICIALLY OWNED:
	50,527 **
ITEM 4(B)	PERCENT OF CLASS:
	1.02 %
ITEM 4(C)	NUMBER OF SHARES AS TO WHICH THE PERSON HAS:
	50,527 **
ITEM 4(I)	SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
	50,527 **
ITEM 4(II)	SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
ITEM 4(III)	SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
	50,527 **
ITEM 4(IV)	SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
** Includes 25,833 shares of Class A Common Stock underlying options that are, or will within 60 days of the date hereof be, exercisable.

ITEM 5	OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
	YES
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	CERTIFICATION.
	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 10, 2003
(Date)
/s/ Richard Chiang / Director
(Signature)
Richard Chiang / Director
(Name/Title)