CUSIP NO. 784774 10 1
  
13G/A
  
Page 1 of 7 Pages

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
SCHEDULE 13G/A
 

Under the Securities Exchange Act of 1934
(Amendment No. 7)*
 

STEC, Inc.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)
 
784774 10 1

(CUSIP Number)  

December 31, 2009

(Date of Event Which Requires Filing of this Statement)
 
 
Check the following box to designate the rule pursuant to which the Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x 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).

 
Page 1 of 7 Pages

 
         
  1
 
NAMES OF REPORTING PERSONS
   
     
   
            Mike Moshayedi
   
  2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ( See Instructions)
   
   
(a)   ¨
   
   
(b)   ¨
   
  3
 
SEC USE ONLY
   
         
  4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
   
     
   
            United States
   
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
  5    SOLE VOTING POWER
   
 
                0
 
  6    SHARED VOTING POWER
   
 
                3,000,050 (1)
 
  7    SOLE DISPOSITIVE POWER
   
 
                0
 
  8    SHARED DISPOSITIVE POWER
   
 
                3,000,050 (1)
  9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
     
   
            3,000,050 (1)
   
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ( See Instructions)
 
x
     
   
            See note 1 below.
   
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
     
   
            5.96%*
   
12
 
TYPE OF REPORTING PERSON ( See Instructions)
   
     
   
            IN
   
 
Page 2 of 7 Pages

 
         
  1
 
NAMES OF REPORTING PERSONS
   
     
   
            Parto Moshayedi
   
  2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ( See Instructions)
   
   
(a)   ¨
   
   
(b)   ¨
   
  3
 
SEC USE ONLY
   
         
  4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
   
     
   
            United States
   
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
  5    SOLE VOTING POWER
   
 
                0
 
  6    SHARED VOTING POWER
   
 
                3,000,050 (2)
 
  7    SOLE DISPOSITIVE POWER
   
 
                0
 
  8    SHARED DISPOSITIVE POWER
   
 
                3,000,050 (2)
  9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
     
   
            3,000,050 (2)
   
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ( See Instructions)
 
x
     
   
            See note 2 below.
   
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
     
   
            5.96%*
   
12
 
TYPE OF REPORTING PERSON ( See Instructions)
   
     
   
            IN
   
 
Page 3 of 7 Pages

 
         
  1
 
NAMES OF REPORTING PERSONS
   
     
   
            M. and P. Moshayedi Revocable Trust, dated 12/30/96
   
  2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ( See Instructions)
   
   
(a)   ¨
   
   
(b)   ¨
   
  3
 
SEC USE ONLY
   
         
  4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
   
     
   
            California
   
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
  5    SOLE VOTING POWER
   
 
                3,000,050
 
  6    SHARED VOTING POWER
   
 
                0
 
  7    SOLE DISPOSITIVE POWER
   
 
                3,000,050
 
  8    SHARED DISPOSITIVE POWER
   
 
                0
  9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
     
   
            3,000,050
   
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ( See Instructions)
 
¨
     
   
            Not Applicable.
   
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
     
   
            5.96%*
   
12
 
TYPE OF REPORTING PERSON ( See Instructions)
   
     
   
            OO
   
 
Page 4 of 7 Pages

                         
                 
Item 1
 
(a)
  
Name of Issuer:
  
 
  
 
     
  
STEC, Inc.
  
 
  
 
         
Item 1
 
(b)
  
Address of Issuer’s Principal Executive Offices:
  
 
  
 
     
  
3001 Daimler Street
Santa Ana, California 92705-5812
  
 
  
 
         
Item 2
 
(a)
  
Name of Person Filing:
  
 
  
 
     
  
Mike Moshayedi
Parto Moshayedi
M. and P. Moshayedi Revocable Trust, dated 12/30/96
  
 
  
 
         
Item 2
 
(b)
  
Address of Principal Business Offices or, if none, Residence:
  
 
  
 
     
  
17 Vista Luci
Newport Coast, California 92657
  
 
  
 
         
Item 2
 
(c)
  
Citizenship
  
 
  
 
     
  
Mike Moshayedi – United States
Parto Moshayedi – United States
M. and P. Moshayedi Revocable Trust, dated 12/30/96 – California
  
 
  
 
         
Item 2
 
(d)
  
Title of Class of Securities:
  
 
  
 
     
  
Common Stock, $0.001 par value per share
  
 
  
 
         
Item 2
 
(e)
  
CUSIP Number:
  
 
  
 
     
  
784774 10 1
  
 
  
 
   
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.
   
(a)
  
Amount Beneficially Owned:
     
     
  
Mike Moshayedi (1) – 3,000,050
Parto Moshayedi (2) – 3,000,050
M. and P. Moshayedi Revocable Trust, dated 12/30/96 – 3,000,050
     
   
(b)
  
Percent of Class: %
     
     
  
Mike Moshayedi (1) – 5.96%*
Parto Moshayedi (2) – 5.96%*
M. and P. Moshayedi Revocable Trust, dated 12/30/96 – 5.96%*
     
   
(c)
  
Number of shares as to which such person has:
       
     
  
(i)
  
sole power to vote or to direct the vote:
       
     
  
 
  
Mike Moshayedi – 0
Parto Moshayedi – 0
M. and P. Moshayedi Revocable Trust, dated 12/30/96 – 3,000,050
       
     
  
(ii)
  
shared power to vote or to direct the vote:
       
     
  
 
  
Mike Moshayedi (1) – 3,000,050
 
Page 5 of 7 Pages

                     
                   
 
  
 
  
 
  
Parto Moshayedi (2) – 3,000,050
M. and P. Moshayedi Revocable Trust, dated 12/30/96 - 0
  
     
                   
 
  
 
  
(iii)
  
sole power to dispose or to direct the disposition of:
  
     
                   
 
  
 
  
 
  
Mike Moshayedi – 0
Parto Moshayedi – 0
M. and P. Moshayedi Revocable Trust, dated 12/30/96 – 3,000,050
  
     
                   
 
  
 
  
(iv)
  
shared power to dispose or to direct the disposition of:
  
     
                   
 
  
 
  
 
  
Mike Moshayedi (1) – 3,000,050
Parto Moshayedi (2) – 3,000,050
M. and P. Moshayedi Revocable Trust, dated 12/30/96 - 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.
                 
 
  
Not Applicable.
                 
             
Item 8.
  
Identification and Classification of Members of the Group.
  
   
 
  
Not Applicable.
  
   
             
Item 9.
  
Notice of Dissolution of Group.
  
   
 
  
Not Applicable.
  
   
             
Item 10.
  
Certification.
  
   
 
  
Not Applicable.
  
   
*
Calculated based on 50,256,883 shares of the Issuer’s common stock outstanding as of September 30, 2009.
     
(1)
Included in the number of shares Mike Moshayedi beneficially owns are 3,000,050 shares held by Mike Moshayedi & Parto Moshayedi, as trustees for the M. and P. Moshayedi Revocable Trust, dated 12/30/96 for the benefit of Mike and Parto Moshayedi’s family.  Mike Moshayedi has shared voting and dispositive power with respect to the shares held by the M. and P. Moshayedi Revocable Trust. Mike Moshayedi has no power to vote or direct the vote or dispose or direct the disposition of any shares of common stock held by his spouse. Mike Moshayedi disclaims beneficial ownership, except to the extent of his pecuniary interest therein, if any, of the shares held by the M. and P. Moshayedi Revocable Trust and his spouse and the filing of this Schedule 13G/A shall not be construed as an admission that Mike Moshayedi is, for purposes of Section 13(d) or 13(g) of the Act the beneficial owner of such shares.
(2)
Included in the number of shares Parto Moshayedi beneficially owns are 3,000,050 shares held by Mike Moshayedi & Parto Moshayedi, as trustees for the M. and P. Moshayedi Revocable Trust, dated 12/30/96 for the benefit of Mike and Parto Moshayedi’s family. Parto Moshayedi has shared voting and dispositive power with respect to the shares held by the M. and P. Moshayedi Revocable Trust. Parto Moshayedi has no power to vote or direct the vote or dispose or direct the disposition of any shares of common stock held by her spouse. Parto Moshayedi disclaims beneficial ownership, except to the extent of her pecuniary interest therein, if any, of the shares held by the M. and P. Moshayedi Revocable Trust and her spouse and the filing of this Schedule 13G/A shall not be construed as an admission that Parto Moshayedi is, for purposes of Section 13(d) or 13(g) of the Act the beneficial owner of such shares.
 
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 16, 2010
 
Date:
   
 
/s/ Mike Moshayedi
 
Mike Moshayedi
   
 
/s/ Parto Moshayedi
 
Parto Moshayedi
   
 
M. AND P. MOSHAYEDI REVOCABLE TRUST, DATED 12/30/96
   
 
/s/ Mike Moshayedi
 
Mike Moshayedi, Co-Trustee
   
 
/s/ Parto Moshayedi
 
Parto Moshayedi, Co-Trustee
 
Page 6 of 7 pages

EXHIBIT A

AGREEMENT FOR JOINT FILING OF SCHEDULE 13G/A

The undersigned and each other person executing this joint filing agreement (the “Agreement’) agree as follows:

(1) The undersigned and each other person executing this Agreement are individually eligible to use the Schedule 13G/A to which this Exhibit is attached and such Schedule 13G/A is filed on behalf of the undersigned and each other person executing this Agreement; and

(2) The undersigned and each other person executing this Agreement are responsible for the timely filing of such Schedule 13G/A and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of the undersigned or any other person executing this Agreement is responsible for the completeness or accuracy of the information concerning any other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which, taken together, shall constitute one and the same instrument.
 
             
Date: February 16, 2010
     
Signature:
 
/s/ Mike Moshayedi
       
Name:
 
Mike Moshayedi
       
       
Signature:
 
/s/ Parto Moshayedi
       
Name:
 
Parto Moshayedi
     
       
M. AND P. MOSHAYEDI REVOCABLE TRUST, DATED 12/30/96
       
       
Signature:
 
/s/ Mike Moshayedi
       
Name:
 
Mike Moshayedi
       
Title:
 
Co-Trustee
       
       
Signature:
 
/s/ Parto Moshayedi
       
Name:
 
Parto Moshayedi
       
Title:
 
Co-Trustee
 
Page 7 of 7 pages

 



 
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