SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 ------------- (Amendment No. 4) CopyTele, Inc. - -------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value 217721 10 9 - ----------------------------------- ----------------------------------- (Title of class of securities) (CUSIP number) Anne Rotondo, Corporate Secretary, CopyTele, Inc. 900 Walt Whitman Road, Huntington Station, NY 11746 (516) 549-5900 - -------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) June 3, 1996 - -------------------------------------------------------------------------- (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [_]. Check the following box if a fee is being paid with the statement [_]. (A fee is not required only if the reporting 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.) Note: When filing this statement in paper format, six copies of this statement, including exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. (Continued on following page(s)) (Page 1 of 6 Pages) CUSIP No. 217721 10 9 13D Page 2 of 6 1 NAME OF REPORTING PERSON: Denis A. Krusos S.S. OR I.R.S. IDENTIFICATION NO. ###-##-#### OF ABOVE PERSON: 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [_] 3 SEC USE ONLY 4 SOURCE OF FUNDS: PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [_] REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): 6 CITIZENSHIP OR PLACE OF USA ORGANIZATION: NUMBER OF 7 SOLE VOTING POWER: 3,316,970 (1) SHARES BENEFICIALLY 8 SHARED VOTING POWER: NONE OWNED BY EACH 9 SOLE DISPOSITIVE POWER: 3,316,970 (1) REPORTING PERSON WITH 10 SHARED DISPOSITIVE NONE POWER: 11 AGGREGATE AMOUNT BENEFICIALLY 3,316,970 (1) OWNED BY REPORTING PERSON: 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) [_] EXCLUDES CERTAIN SHARES: 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 11.35% 14 TYPE OF REPORTING PERSON: IN ____________________ (1) Includes 914,840 shares which Mr. Krusos has the right to acquire upon exercise of options granted pursuant to the Issuer's 1993 Stock Option Plan. This Statement amends and supplements the Statement on Schedule 13D previously filed with the Securities and Exchange Commission on January 28, 1993 by Denis A. Krusos, regarding his beneficial ownership of common stock, $.01 par value ("Common Stock"), of CopyTele, Inc., a Delaware corporation (the "Corporation"), as previously amended by Amendments Nos. 1, 2 and 3. Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- Item 3 is hereby supplemented by the addition of the following: "From July 5, 1995 through and including June 5, 1996, Mr. Krusos purchased, for an aggregate of $3,659,605, an aggregate of 613,660 shares of Common Stock from the Corporation pursuant to the exercise of options granted to Mr. Krusos on June 5, 1987, January 4, 1995 and May 3, 1995 under the Corporation's 1987 and 1993 Stock Option Plans. The funds for the purchase of such shares (which previously were reported as being beneficially owned) were from the proceeds of sales of an equivalent number of shares pursuant to a Registration Statement on Form S-8 under the Securities Act of 1933, as amended. See Item 5." Item 5. Interest in Securities of the Issuer. ------------------------------------ Item 5 is hereby (i) amended by deleting paragraph (a) thereof and replacing it with the following paragraph (a) and (ii) supplemented by the addition of the following paragraph (c): "(a) As of the date of this Statement, Mr. Krusos beneficially owns an aggregate of 3,316,970 shares of Common Stock, representing 11.35% of the outstanding shares of Common Stock, including 914,840 shares of Common Stock subject to options granted under the Corporation's 1993 Stock Option Plan." "(c) Between April 15, 1996 and June 5, 1996, Mr. Krusos purchased an aggregate of 237,660 shares of Common Stock and disposed of an aggregate of 241,660 shares of Common Stock, as further described in Item 3 above and in Schedule A attached hereto." 3 Except for the acquisition and disposition of shares of Common Stock described herein and in Schedule A attached hereto, Mr. Krusos has not effected any transactions in shares of Common Stock during the sixty days preceding the date of this Statement. 4 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. Dated: June 14, 1996 /s/ Denis A. Krusos ------------------------- Denis A. Krusos 5 SCHEDULE A ---------- The details of transactions effected in the Common Stock of the Corporation during the past sixty days by Mr. Krusos are set forth below. Except as otherwise indicated, all dispositions were sales effected on the NASDAQ-National Market and the Price Per Share excludes broker's commissions, and all purchases were effected through the exercise of options in accordance with the Corporation's 1993 Stock Option Plan. Number of Shares Date of Transaction Purchased/(Disposed) Price Per Share - ------------------- -------------------- --------------- April 15, 1996 10,000 6.125 April 15, 1996 (10,000) 9.875 April 16, 1996 (4,000) --(1) April 19, 1996 5,000 6.125 April 19, 1996 (5,000) 9.750 April 22, 1996 5,000 6.125 April 22, 1996 (5,000) 9.750 April 23, 1996 20,000 6.125 April 23, 1996 (20,000) 9.813 April 24, 1996 30,000 6.125 April 24, 1996 (30,000) 10.125 April 26, 1996 17,660 6.125 April 26, 1996 (17,660) 10.321 April 29, 1996 20,000 6.625 April 29, 1996 (20,000) 10.688 April 30, 1996 30,000 6.625 April 30, 1996 (30,000) 11.271 May 1, 1996 20,000 6.625 May 1, 1996 (20,000) 13.438 May 6, 1996 10,000 6.625 May 6, 1996 (10,000) 13.375 May 9, 1996 10,000 6.625 May 9, 1996 (10,000) 13.375 May 23, 1996 20,000 6.625 May 23, 1996 (20,000) 14.688 June 3, 1996 20,000 6.625 June 3, 1996 (20,000) 18.813 June 4, 1996 10,000 6.625 June 4, 1996 (10,000) 19.375 June 5, 1996 10,000 6.625 June 5, 1996 (10,000) 19.375 _________________________ (1) Gift. 6 NYFS11...:\95\38995\0001\1196\SCH6126R.410