Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Intrusion Inc.
(Name of Issuer)
Common Stock, Par Value $0.01
(Title of Class of Securities)
46121E205 (CUSIP Number)
October 9, 2020
(Date of Event which Requires Filing of this Settlement)
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 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).
SCHEDULE 13G
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CUSIP No. 46121E205 |
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1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mark A. Paxton |
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
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(a) ☐ (b) |
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3 |
SEC USE ONLY
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4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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Number of Shares Beneficially Owned by Each Reporting Person With |
5 |
SOLE VOTING POWER
1,407,033 [FN-1]
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6 |
SHARED VOTING POWER
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7 |
SOLE DISPOSITIVE POWER
1,407,033 [FN-1]
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8 |
SHARED DISPOSITIVE POWER
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9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,407,033 [FN-1]
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10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.3%
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12 |
TYPE OF REPORTING PERSON*
Individual
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FN-1 |
219,469 shares of common stock sold on October 9, 2020 under an effective registration statement. Includes 735,000 shares held by trusts for Mr. Paxton’s children. |
Item 1.
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(a) |
Name of Issuer: |
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Intrusion, Inc. |
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(b) |
Address of Issuer’s Principal Executive Offices: |
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1101 E. Arapaho Road, Richardson, TX 75081 |
Item 2.
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(a) |
Name of Person Filing: Mark A. Paxton |
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(b) |
Address or principal business office, if none, residence: |
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1101 E. Arapaho Road, Suite 200 |
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Richardson, TX 75081 |
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(c) |
Citizenship: USA |
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(d) |
Title of Class of Securities: Intrusion, Inc. Common Stock, par value $0.01 per share. |
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(e) |
CUSIP Number 46121E205 |
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Item 3. |
Not applicable. |
Item 4. Ownership
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(a) |
Amount beneficially owned: 1,407,033 |
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(b) |
Percent of class: 8.3% |
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(c) |
Number of shares as to which the person has: |
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(i) |
Sole power to vote or to direct the vote 1,407,033 shares. |
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(ii) |
Shared power to vote or to direct the vote ______ shares. |
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(iii) |
Sole power to dispose or to direct the disposition of 1,407,033 shares. |
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(iv) |
Shared power to dispose or to direct the disposition of ______ shares. |
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Item 5. |
Ownership of Five Percent or Less of a Class |
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Not applicable. |
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Item 6. |
Ownership of More Than Five Percent on Behalf of Another Person |
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Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported On By the Parent Holding Company |
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Item 8. |
Identification and Classification of Members of the Group. |
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Item 9. |
Notice of Dissolution of Group |
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Item 10. Certification
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.
After reasonable inquiry and to the best of my information and belief, I certify that the information set forth in this statement is true, complete, and correct.
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October 22, 2020 |
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Date |
| INTRUSION, INC. | ||
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Name: |
/s/ Mark A. Paxton |
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By: |
Michael L. Paxton, Attorney in Fact |
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