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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 2 to
Statement on
SCHEDULE 13D
Under the Securities Exchange Act of 1934
CYLINK CORPORATION
(Name of Subject Company)
Common Stock, $.01 par value
(Title of Class of Securities)
232565 10 1
(CUSIP Number of Class of Securities)
Peter M. Kreindler, Esq.
Senior Vice President and General Counsel
Honeywell International Inc.
101 Columbia Road
Morris Township, New Jersey 07962
Telephone: (973) 455-2000
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
September 17, 2001
Date of Event which Requires Filing of This Statement
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SCHEDULE 13D
CUSIP No. 232565 10 1
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON
Pittway Corporation
IRS Identification No.: 13-5616408
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ X ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH SOLE VOTING 0
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8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH SHARED VOTING POWER 0
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9. SOLE DISPOSITIVE POWER 0
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10. SHARED DISPOSITIVE POWER 0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14. TYPE OF REPORTING PERSON
CO
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2
SCHEDULE 13D
CUSIP No. 232565 10 1
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON
Honeywell International Inc.
IRS No.: 22-2640650
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ X ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH SOLE VOTING POWER 0
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8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH SHARED VOTING POWER
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9. SOLE DISPOSITIVE POWER 0
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10. SHARED DISPOSITIVE POWER 0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14. TYPE OF REPORTING PERSON
CO
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3
On February 23, 1996, Pittway Corporation ("Pittway") filed a statement
on Schedule 13D reporting beneficial ownership of shares of Common Stock, $.01
par value (the "Common Stock"), of Cylink Corporation ("Cylink"). Pursuant to a
tender offer and a subsequent merger between Pittway and a wholly owned
subsidiary of Honeywell International Inc. ("Honeywell"), which was consummated
on February 14, 2000, Pittway became a direct wholly owned subsidiary of
Honeywell. On June 26, 2001, Pittway and Honeywell filed an amendment to the
Schedule 13D to report a change in investment intent. The Schedule 13D as
amended is hereby amended as set forth below to reflect the disposition of
Cylink common stock by Pittway in a private transaction.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended to add the following:
On September 17, 2001, Pittway sold all 8,606,085 shares of Cylink
Common Stock that it held in a privately negotiated transaction. Thereafter,
neither Pittway nor Honeywell beneficially owns any Cylink Common Stock. The
shares were sold to Topspin Partners, L.P. and Topspin Associates, L.P. at a
price of $0.35 per share, of which $0.30 per share was paid in cash and $.05 per
share was paid in the form of a two-year note, the payment of which is subject
to certain contingencies. The transaction was effected by physical delivery of
the Cylink Common Stock certificate to the purchasers.
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SIGNATURES
After due inquiry and to the best of my knowledge and belief, the undersigned
certifies that the information set forth in this statement is true, complete and
correct.
Dated: September 25, 2001
HONEYWELL INTERNATIONAL INC.
BY: /s/ Richard F. Wallman
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Name: Richard F. Wallman
Title: Senior Vice President
and Chief Financial Officer
PITTWAY CORPORATION
BY: /s/ James V. Gelly
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Name: James V. Gelly
Title: Vice President and Treasurer
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