UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Angeion Corporation
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(Name of Issuer)
Common Stock, $0.10 par value
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(Title of Class of Securities)
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Cusip Number 03462H404
Norman H. Pessin
366 Madison Avenue-14th Floor
New York, New York 10017
(212) 661-2670
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
12/21/07
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(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement of Schedule 13G to report
the acquisition which is the subject of the Schedule 13D, and is filing this
schedule because of ss. 240.13d-1(e), ss. 240.13d-1(f) or ss. 240.13d-1(g),
check the following box [ ].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7(b) for other
parties to whom copies are to be sent.
*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 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).
(Continued on following page(s))
PAGE 2
CUSIP No. 03462H404
Schedule 13D
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
1) SEP IRA FBO Norman H. Pessin ###-##-####
2) Sandra F. Pessin ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ v ]
(b) [ v ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
PF
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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
United States
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NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 1) SEP IRA FBO Norman H. Pessin 146,800
OWNED BY EACH 2) Sandra F. Pessin 59,800
REPORTING
PERSON WITH -------------------------------------------------------
8 SHARED VOTING POWER
- - - - - - - - - -
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9 SOLE DISPOSITIVE POWER
1)146,800
2)59,800
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10 SHARED DISPOSITIVE POWER
- - - - - - - - - - -
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1) 146,800
2) 59,800
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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)
1) 3.59%
2) 1.46%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 3
CUSIP No. 03462H404
Schedule 13D
Item 1. Security and Issuer
This Schedule 13D relates to the common stock, $0.10 par value (the "Common
Stock"), of Angeion Corporation (the "Issuer"), whose principal executive
offices are located at 350 Oak Grove Parkway, Saint Paul, Minnesota 55127-8599.
Item 2. Identity and Background
This Schedule 13D is being filed by SEP F/B/O Norman H. Pessin and for Sandra F.
Pessin (each a "Reporting Person") Certain information with respect to each
Reporting Person is set forth below:
Name and Address: 1) SEP IRA F/B/O
Cusip Number
366 Madison Avenue-14th Floor
New York, New York 10017
2) Sandra F. Pessin
Cusip Number
366 Madison Avenue-14th Floor
New York, New York 10017
Principal Occupation: 1) N.A.
2) Housewife
Criminal convictions: 1) N.A.
2) None
Civil proceedings: 1) N.A.
2) None
Citizenship: 1) N.A.
2) United States
Item 3. Source and Amount of Funds or Other Consideration. SEP IRA F/B/O Norman
H. Pessin purchased 146,800 Shares of Common Stock as follows:
1) SEP IRA FBO Norman H. Pessin
Purchase Date Shares Purchased Purchase Price Proceeds
------------- ---------------- -------------- --------
06/14/2006 29,415 4.131 $121,516
05/17/2006 3,368 4.990 16,807
10/30/2007 11,000 7.430 81,736
08/07/2007 5,000 7.863 39,179
06/11/2007 20,000 8.508 170,162
09/28/2006 12,100 6.690 80,949
12/11/2007 12,000 7.898 94,772
05/22/2006 16,057 4.962 79,683
11/01/2007 2,097 7.691 16,129
10/29/2007 7,000 7.275 50,927
08/06/2007 6,763 7.840 53,019
06/06/2007 14,500 9.233 133,883
2) Sandra F. Pessin purchased 59,800 Shares of Common Stock as follows:
Purchase Date Shares Purchased Purchase Price Proceeds
------------- ---------------- -------------- --------
11/16/2007 7,800 6.386 $49,815
11/15/2007 2,000 6.389 12,779
08/23/2007 2,700 6.797 18,353
08/09/2007 10,000 6.910 69,100
08/08/2007 10,000 7.600 76,000
08/08/2007 10,000 7.489 74,893
12/18/2007 5,000 7.510 37,548
12/02/2007 11,000 8.048 88,534
12/10/2007 1,300 7.581 9,855
CUSIP No. 03462H404
Item 4. Purposes of the Transactions
The purposes of the transactions were to dispose of all shares of the issuer
owned by the reporting persons.
Item 5. Interest in Securities of the Issuer
SEP IRA F/B/O Norman H. Pessin owns 146,800 shares of common stock of the
Issuer. Sandra F. Pessin owns 59,800 shares.
Item 6. Contracts, Arrangements, Understandings or Relationships with respect to
Securities of the Issuer
None.
Item 7. Material to Be Filed as Exhibits
None.
Signatures
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.
SEP IRA F/B/O Norman H. Pessin
By: /s/ Norman H. Pessin
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Norman H. Pessin
/s/ Sandra F. Pessin
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Sandra F. Pessin
December 21, 2007