UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. __) eMagin Corporation (Name of Issuer) Common Stock, $.001 par value per share (Title of Class of Securities) 29076N 10 7 (Cusip Number) October 8, 2002 (1) (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 to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 29076N 10 7 13G Page 2 of 4 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Susan K. Jones -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 3,264,721 (2) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 3,264,721 (2) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,264,721 (2) -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* No |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.73% (3) -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 3 of 4 Item 1 (a). Name of Issuer: eMagin Corporation Item 1(b). Address of Issuer's Principal Executive Offices: 2070 Route 52 Hopewell Junction, New York 12533 Item 2(a). Name of Person Filing: Susan K. Jones Item 2(b). Address of Principal Business Office or, if none, Residence: eMagin Corporation 2070 Route 52 Hopewell Junction, New York 12533 Item 2(c). Citizenship: United States Item 2(d). Title of Class of Securities: Common Stock, par value $.001 per share. Item 2(e). CUSIP Number: 29076N 10 7 Item 3. Type of Person: Not applicable. Item 4. Ownership: a. Amount Beneficially owned: 3,264,721 (2) b. Percent of Class: 5.73% (3) c. Number of shares as to which person has: (i) Sole power to vote or to direct the vote: 3,264,721 (2) Page 4 of 4 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 3,264,721 (2) (iv) Shared power to dispose or to direct the disposition of: 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: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were 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:February 13, 2004 /s/ Susan K. Jones -------------- Susan K. Jones (1) On October 8, 2003 the reporting person became the beneficial owner of more than five percent (5%) of the Issuer's Common Stock, $.001 par value. The number of shares reported as beneficially owned by the reporting person in this Schedule 13G are reported as of February 13, 2004 (2) Includes options to purchase up to 1,676,949 shares of common stock. (3) Based on a total outstanding of 56,945,256 shares of common stock assuming the exercise of outstanding options beneficially owned by the reporting person.