TAYLOR DEVICES, INC. — Major Shareholding Notification 2018

Oct 23, 2018

SC 13G/A 1 sochet13g_tayd2018.htm AMENDMENT NO. 1 TO SCHEDULE 13G Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2018 Issuer Direct Corporation Untitled Document

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)

TAYLOR DEVICES INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

877163105

(CUSIP Number)

October 18, 2018

(Date of Event Which Required 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)

• 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 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).

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CUSIP No. 877163105

| (1) | Names of reporting
persons Ira Sochet | |
| --- | --- | --- |
| (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 United States | |
| Number of shares beneficially owned by each reporting person with: | (5) | Sole voting
power 227,589 (1) |
| | (6) | Shared voting
power 0 |
| | (7) | Sole dispositive
power 227,589 (1) |
| | (8) | Shared dispositive
power 0 |
| (9) | Aggregate amount beneficially owned
by each reporting person 227,589 (1) | |
| (10) | Check if the aggregate amount in
Row (9) excludes certain shares (see
instructions) | |
| (11) | Percent of class represented by
amount in Row (9) 6.6% | |
| (12) | Type of reporting person (see
instructions) IN | |

(1) Includes shares of common stock held by Ira Sochet Trust, Sochet & Company, Inc., Rocky Creek Village Senior Living, and the Reporting Person's ROTH IRA, over which the Reporting Person has sole voting and dispositive control.

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Item 1(a). Name of Issuer

Taylor Devices, Inc.

Item 1(b). Address of Issuer’s Principal Executive Offices

90 Taylor Drive

North Tonawanda, New York 14120-0748

ITEM 2. Name of Person Filing

Ira Sochet

Item 2(b). Address of Principal Business Office or, if None, Residence

The address of the Reporting Person’s principal business office is 121 14 th Street, Belleair Beach, Florida 33786.

Item 2(c). Citizenship

United States.

Item 2(d). Title of Class of Securities

Common Stock.

Item 2(e). CUSIP No .

877163105.

ITEM 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

| (a) | [ ] | Broker
or dealer registered under section 15 of the Act (15 U.S.C.
78o); |
| --- | --- | --- |
| (b) | [ ] | Bank as
defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
| (c) | [ ] | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c); |
| (d) | [ ] | Investment
company registered under section 8 of the Investment Company Act of
1940 (15 U.S.C 80a–8); |
| (e) | [ ] | An
investment adviser in accordance with
§240.13d–1(b)(1)(ii)(E); |
| (f) | [ ] | An
employee benefit plan or endowment fund in accordance with
§240.13d–1(b)(1)(ii)(F); |
| (g) | [ ] | A
parent holding company or control person in accordance with
§240.13d–1(b)(1)(ii)(G); |
| (h) | [ ] | A
savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813); |
| (i) | [ ] | A
church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of
1940 (15 U.S.C. 80a–3); |
| (j) | [ ] | A
non-U.S. institution in accordance with
§240.13d–1(b)(1)(ii)(J); and |
| (k) | [ ] | Group,
in accordance with §240.13d–1(b)(1)(ii)(K). |

If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution: ______.

ITEM 4. Ownership

The percentage of shares of the Issuer’s common stock as reported in this Amendment No. 1 to Schedule 13G is based upon 3,467,560 shares of the Issuer’s common stock outstanding on October 2, 2018, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended August 31, 2018.

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Item 4(a). Amount Beneficially Owned :

As of the date hereof, the Reporting Person may be deemed to be the beneficial owner of 227,589 shares of common stock. The shares of common stock beneficially owned by the Reporting Person includes shares of common stock held by Ira Sochet Trust, Sochet & Company, Inc., Rocky Creek Village Senior Living, and the Reporting Person's ROTH IRA , over which the Reporting Person has sole voting and dispositive control.

Item 4(b). Percent of Class : 6.6%.

Item 4(c). Number of Shares as to Which the Reporting Person has :

| (i) | Sole power to vote or to direct the
vote | 227,589 |
| --- | --- | --- |
| (ii) | Shared power to vote or to direct
the vote | 0 |
| (iii) | Sole power to dispose or to direct
the disposition of | 227,589 |
| (iv) | Shared power to dispose or to
direct the disposition of | 0 |

ITEM 5. Ownership of 5 Percent or Less of a Class .

If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ].

ITEM 6. Ownership of More than 5 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 or Control Person

Not applicable.

ITEM 8. I dentification 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 §240.14a-11.

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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.

| October 23,
2018 |
| --- |
| Ira Sochet |

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