SC 13G 1 sbei1txg2.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities and Exchange Act of 1934 (Amendment No. )* SBE, Inc. (Name Of Issuer) Common stock, par value $0.00 (Title of Class of Securities) 783873201 (CUSIP Number) August 29, 2000 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed: [ ] Rule 13d-1(b) [ X] 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 the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed "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 NO. 783873201 SCHEDULE 13G 1. NAME OF THE REPORTING PERSON STEVEN T. NEWBY 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES NUMBER OF 5. SOLE VOTING POWER SHARES 626,144 BENEFICALLY 6. SHARED VOTING POWER OWNED BY -0- EACH 7. SOLE DISPOSITIVE POWER REPORTING 626,144 PERSON 8. SHARED VOTING POWER WITH -0- 9. AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORING PERSON 626,144 10. CHECK THE BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.93% 12. TYPE OF REPORTING PERSON IN The purpose of this Schedule 13G is to supercede the Schedule 13D, Amendment No. 1 filed November 18, 1999 by Steven T. Newby with respect to his beneficial ownership of the $0.00 par value Common Stock of SBE, Inc. Mr. Newby now owns less than 20% of SBE, Inc.'s common stock due to an increase in the number of shares outstanding. ITEM 1. (a) SBE, Inc. (b) 4550 Norris Canyon Road San Ramon, CA 94583 ITEM 2. (a) Steven T. Newby (b) 555 Quince Orchard Road, Suite 606 Gaithersburg, MD 20878 (c) USA (d) Common Stock, par value $0.00 (e) CUSIP 783873201 ITEM 3. Passive Investor ITEM 4. Ownership (a) Amount beneficially owned: 626,144. (b) Percent of class: 19.93%. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 626,144. (ii) Shared power to vote or direct the vote -0-. (iii)Sole power to dispose or to direct the disposition of 626,144. (iv) Shared power to dispose or to direct the disposition of -0-. ITEM 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. ITEM 6. Ownership of More than Five Percent on Behalf of Another Person NONE ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company NONE ITEM 8. Identification and Classification of Members of the Group NONE ITEM 9. Notice of Dissolution of Group NONE 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. 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. Date: August 29, 2000 /S/: STEVEN T. NEWBY STEVEN T. NEWBY