Ballistic Recovery Systems Inc - Statement of Ownership (SC 13G)
12 Febbraio 2008 - 3:41PM
Edgar (US Regulatory)
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UNITED
STATES
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SECURITIES
AND EXCHANGE COMMISSION
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Washington,
D.C. 20549
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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
Under
the Securities Exchange Act of 1934
(Amendment No. )*
BALLISTIC
RECOVERY SYSTEMS, INC.
(Name of Issuer)
COMMON
STOCK, $.01 PAR VALUE
(Title of Class of
Securities)
(CUSIP Number)
(Date of Event
Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
o
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Rule 13d-1(b)
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o
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Rule 13d-1(c)
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x
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Rule 13d-1(d)
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*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 ("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).
CUSIP No. 058659 10 3
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1.
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Names of Reporting Persons
DARREL DEAN BRANDT
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2.
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Check the Appropriate Box
if a Member of a Group (See Instructions)
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(a)
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o
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(b)
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o
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3.
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SEC Use Only
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4.
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Citizenship or Place of
Organization
USA
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
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5.
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Sole Voting Power
1,669,077
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6.
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Shared Voting Power
0
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7.
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Sole Dispositive Power
1,669,077
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8.
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Shared Dispositive Power
0
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9.
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Aggregate Amount
Beneficially Owned by Each Reporting Person
1,669,077 shares
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10.
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Check if the Aggregate
Amount in Row (9) Excludes Certain Shares (See Instructions)
o
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11.
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Percent of Class
Represented by Amount in Row (9)
15.0%
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12.
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Type of Reporting Person
(See Instructions)
IN
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2
Item 1.
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(a)
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Name of Issuer
Ballistic Recovery Systems, Inc.
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(b)
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Address of Issuers
Principal Executive Offices
300 Airport Road, South St. Paul, MN
55075
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Item 2.
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(a)
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Name of Person Filing
Darrel Dean Brandt
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(b)
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Address of Principal
Business Office or, if none, Residence
8603 West First Street, Cedar Falls, IA
56013
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(c)
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Citizenship
USA
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(d)
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Title of Class of
Securities
Common Stock, $0.01 par value
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(e)
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CUSIP Number
058659 10 3
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Item 3.
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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:
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(a)
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o
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Broker or dealer
registered under section 15 of the Act (15 U.S.C. 78o).
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(b)
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o
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Bank as defined in section
3(a)(6) of the Act (15 U.S.C. 78c).
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(c)
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o
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Insurance company as
defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
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(d)
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o
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Investment company
registered under section 8 of the Investment Company Act of 1940 (15 U.S.C.
80a-8).
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(e)
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o
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An investment adviser in
accordance with §240.13d-1(b)(1)(ii)(E);
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(f)
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o
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An employee benefit plan
or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
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(g)
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o
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A parent holding company
or control person in accordance with §240.13d-1(b)(1)(ii)(G);
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(h)
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o
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A savings association as
defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
1813);
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(i)
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o
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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);
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(j)
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o
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Group, in accordance with
§240.13d-1(b)(1)(ii)(J).
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3
Item 4.
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Ownership
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Provide the following
information regarding the aggregate number and percentage of the class of
securities of the issuer identified in Item 1.
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(a)
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Amount beneficially
owned:
1,669,077 shares (includes
15,000 shares issuable upon exercise of currently exercisable options)
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(b)
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Percent of class:
15.0% (based on 11,304,767
shares outstanding as of August 10, 2007, as reported by the Issuer in its
Form 10-QSB filed on that date)
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(c)
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Number of shares as to
which the person has:
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(i)
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Sole power to vote or to
direct the vote
1,699,077
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(ii)
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Shared power to vote or to
direct the vote
0
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(iii)
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Sole power to dispose or
to direct the disposition of
1,699,077
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(iv)
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Shared power to dispose or
to direct the disposition of
0
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Item 5.
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Ownership of Five Percent or Less
of a Class
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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 five percent of the class of securities, check
the following
o
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Item 6.
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Ownership of More than Five Percent
on Behalf of Another Person
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Not applicable.
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Item 7.
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Identification and Classification
of the Subsidiary Which Acquired the Security Being Reported on By the Parent
Holding Company or Control Person
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Not applicable.
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Item 8.
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Identification and Classification
of Members of the Group
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Not applicable.
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Item 9.
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Notice of Dissolution of Group
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Not applicable.
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4
Item 10.
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Certification
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(a)
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Not applicable.
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(b)
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Not applicable.
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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.
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February 11, 2008
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Date
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/s/ Darrel D. Brandt
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Signature
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Darrel D. Brandt
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Name/Title
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5
Grafico Azioni Ballistic Recovery Systems (CE) (USOTC:BRSI)
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