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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1(b), (c) AND (d) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. 1)(1)
Globix Corporation
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
07814V 10 2
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(CUSIP Number)
December 31, 1998
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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)
/ / Rule 13d-1(b)
/X/ Rule 13d-1(b)
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(1) 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 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).
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CUSIP No. 07814V 10 2
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Marc H. Bell
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 of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
1,086,693+
6. SHARED VOTING POWER
612,500*
7. SOLE DISPOSITIVE POWER
961,693
8. SHARED DISPOSITIVE POWER
125,000
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
1,699,193
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+ Includes the right to acquire 142,000 pursuant to currently
exercisable stock options and 125,000 shares pledged to an unrelated third
party.
* Subject to an Irrevocable Proxy pursuant to which Harpoon Holdings,
Ltd. has granted Marc H. Bell the sole right to vote the Harpoon shares with
respect to election of the Company's directors.
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
/ /
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
39.7%
12. TYPE OF REPORTING PERSON*
IN
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Item 1(a). Name of Issuer:
Globix Corporation
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Item 1(b). Address of Issuer's Principal Executive Offices:
295 Lafayette Street, 3rd Floor, N.Y., NY 10012
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Item 2(a). Name of Person Filing:
Marc H. Bell
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Item 2(b). Address of Principal Business Office or, if None, Residence:
295 Lafayette Street, 3rd Floor, N.Y., NY 10012
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Item 2(c). Citizenship:
United States
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Item 2(d). Title of Class of Securities:
Common Stock, $.01 par value
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Item 2(e) CUSIP Number:
07814V 10 2
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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
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Item 4. Ownership.
Provide the following information regarding the
aggregate number and percentage of the class of securities of the
issuer identified in Item 1.
(a) Amount beneficially owned:
1,699,193
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(b) Percent of class:
39.7%
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 1,086,693+
(ii) Shared power to vote or to direct the vote: 612,500*
(iii) Sole power to dispose or to direct the disposition of:
961,693
(iv) Shared power to dispose or direct the disposition of:
125,000
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.
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+ Includes the right to acquire 142,000 pursuant to currently
exercisable stock options and 125,000 shares pledged to an unrelated third
party.
* Subject to an Irrevocable Proxy pursuant to which Harpoon Holdings,
Ltd. has granted Marc H. Bell the sole right to vote the Harpoon shares with
respect to election of the Company's directors.
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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.
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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, 1999
(Date)
/S/
Marc H. Bell
The original statement shall be signed by each person on whose
behalf the statement is filed or his authorized representative. If the statement
is signed on behalf of a person by his authorized representative (other than an
executive officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
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