View:
OMB APPROVAL
OMB Number. 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per response .....14.90
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
CellStar Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
150925105
(CUSIP Number)
Check the following box if a fee is being paid with this
statement.
(A fee is not required only if the filing person: (1) has a
previous statement on file reporting beneficial ownership of more
than five percent of the class of securities described in Item 1;
and (2) has filed no amendment subsequent thereto reporting
beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 150925105 13G Page 2 of 6 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Audiovox Corporation 13-1964841
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) X
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY 1,075,000
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING
PERSON 7 SOLE DISPOSITIVE POWER
WITH 3,875,000
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,875,000 (on January 9, 1995, Audiovox Corporation
transferred ownership to its wholly owned subsidiary
Audiovox Holding Corp.)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21%
12 TYPE OF REPORTING PERSON*
HC
Item 1(a). Name of Issuer:
The name of the issuer is CellStar Corporation.
Item 1(b). Address of Issuer's Principal Executive Offices:
The principal executive offices of CellStar Corporation are
located at 1730 Briercroft Drive, Carrollton, Texas 75006.
Item 2(a). Name of Person Filing:
This Schedule 13G is filed by Audiovox Corporation, a
Delaware corporation, and its wholly owned subsidiary, Audiovox
Holding Corp., A New York corporation.
Item 2(b). Address of Principal Business Office or, if None,
Residence:
The principal business office of Audiovox Corporation and
Audiovox Holding Corp. is located at 150 Marcus Boulevard,
Hauppauge, New York 11788.
Item 2(c). Citizenship:
Audiovox Corporation is a corporation incorporated under the
laws of the state of Delaware and its wholly owned subsidiary,
Audiovox Holding Corp., is a corporation incorporated under the
laws of the State of New York.
Item 2(d). Title of Class of Securities:
This statement relates to the common stock, par value $.01
per share ("Common Stock"), of CellStar Corporation.
Item 2(e). CUSIP Number:
The CUSIP number assigned to the Common Stock of CellStar is
150925105.
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.
The following sets forth Audiovox Corporation's beneficial
ownership (through its wholly owned subsidiary, Audiovox Holding
Corp.) of shares of Common Stock of CellStar Corporation as of
December 31, 1994:
(a) Amount beneficially owned: 3,875,000
(b) Percent of class: 21%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 1,075,000
(ii) Shared power to vote or to direct the vote 0
(iii) Sole power to dispose or to direct the
disposition of 3,875,000
(iv) Shared power to dispose or to direct the
disposition of 0
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.
See Exhibit A attached hereto.
Item 8. Identification and Classification of Members of the
Group.
See Exhibit A attached hereto.
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, 1995
(Date)
s/ Charles M. Stoehr
(Signature)
Charles M. Stoehr
Senior Vice President and
Chief Financial Officer
(Name/Title)
EXHIBIT A
Members of Group
Audiovox Holding Corp., a wholly owned subsidiary of Audiovox
Corporation, is the direct beneficial owner of the 3,875,000
shares of the Common Stock of CellStar Corporation (the
"Shares"). Audiovox Corporation, the parent of Audiovox Holding
Corp. and the indirect beneficial owner of the Shares, is a
member of a group relating to the Common Stock of CellStar
Corporation, which consisted of Audiovox Corporation and Alan H.
Goldfield, the President and Chief Executive Officer of CellStar
Corporation.