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UNITED
STATES
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SECURITIES
AND EXCHANGE COMMISSION
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Washington,
D.C. 20549
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SCHEDULE
13G
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(Rule
13d-102)
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Information
Statement Pursuant to Rules 13d-1 and 13d-2
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Under
the Securities Exchange Act of 1934
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(Amendment
No. 2)*
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Hypertension
Diagnostics, Inc.
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(Name
of Issuer)
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Common
Stock, $0.01 par value
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(Title
of Class of Securities)
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44914V104
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(CUSIP
Number)
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December
31, 2010
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Date
of Event Which Requires Filing of the
Statement
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CUSIP
NO. 44914V104
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13G
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Page 2
of 6
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1.
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NAME
OF REPORTING PERSON
S.S.
OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marten
Hoekstra
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2.
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
¨
(b)
¨
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3.
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SEC
USE ONLY
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4.
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CITIZENSHIP
OR PLACE OF ORGANIZATION
U.S.
Citizen
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NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
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5.
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SOLE
VOTING POWER
4,352,170
shares
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6.
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SHARED
VOTING POWER
0
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7.
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SOLE
DISPOSITIVE POWER
4,352,170
shares
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8.
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SHARED
DISPOSITIVE POWER
0
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9.
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,352,170
shares1
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10.
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CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES ¨
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11.
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.8%2
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12.
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TYPE
OF REPORTING PERSON
IN
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CUSIP
NO. 44914V104
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13G
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Page 3
of 6
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Item
1(b)
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Address
of Issuer's Principal Executive
Offices
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2915
Waters Road, Suite 108, Eagan, MN
55121
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Item
2(a)
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Name
of Person Filing
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Marten
Hoekstra
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Item
2(b)
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Address
of Principal Business Office or, if none,
Residence
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296
W. 92nd Street, New York, NY 10025
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Item
2(c)
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Citizenship
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Mr.
Hoekstra is a U.S. citizen.
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Item
2(d)
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Title
of Class of Securities
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Common
Stock, $0.01 par value
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Item
2(e)
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CUSIP
Number
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44914V104
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Item
3
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If
this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c),
check whether the person filing is
a:
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(a)
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[__]
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Broker
or dealer registered under Section 15 of the Exchange
Act;
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(b)
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[__]
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Bank
as defined in Section 3(a)(6) of the Exchange
Act;
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(c)
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[__]
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Insurance
company as defined in Section 3(a)(19) of the Exchange
Act;
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(d)
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[__]
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Investment
company registered under Section 8 of the Investment Company
Act;
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(e)
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[__]
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An
investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
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(f)
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[__]
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An
employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F);
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(g)
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[__]
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A
parent holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G);
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CUSIP
NO. 44914V104
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13G
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Page 4
of 6
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(h)
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[__]
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A
savings association as defined in Section 3(b) of the Federal Deposit
Insurance Act;
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(i)
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[__]
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A
church plan that is excluded from the definition of an investment company
under Section 3(c)(14) of the Investment Company
Act;
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(j)
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[__]
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A
non-U.S. institution in accordance with Rule
13d-1(b)(1)(ii)(J);
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(k)
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[__]
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Group,
in accordance with Rule
13d-1(b)(1)(ii)(K).
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(i)
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Sole
power to vote or to direct the
vote:
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4,352,170
shares
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(ii)
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Shared
power to vote or to direct the
vote:
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0
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(iii)
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Sole
power to dispose or to direct the disposition
of:
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4,352,170
shares
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(iv)
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Shared
power to dispose or to direct the disposition
of:
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0
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Item
5
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Ownership
of Five Percent or Less of a Class
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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 5 percent of the class of securities, check the following ¨.
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4
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See
footnote 2 above.
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CUSIP
NO. 44914V104
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13G
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Page 5
of 6
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Item
6
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Ownership
of More than Five Percent on Behalf of Another
Person
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Not
applicable.
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Item
7
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Identification
and Classification of the Subsidiary which Acquired the Security Being
Reported on by the Parent Holding
Company
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Not
applicable.
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Item
8
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Identification
and Classification of Members of the
Group
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Not
applicable.
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Item
9
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Notice
of Dissolution of Group
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Not
applicable.
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Item
10
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Certification
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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.
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CUSIP
NO. 44914V104
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13G
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Page 6
of 6
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