PACIFIC COAST APPAREL CO INC
SC 13G, 1997-02-13
APPAREL, PIECE GOODS & NOTIONS
Previous: MOSSIMO INC, SC 13G, 1997-02-13
Next: PACIFIC COAST APPAREL CO INC, SC 13G, 1997-02-13



<PAGE>
 
                                                    ----------------------------
                                                             OMB APPROVAL
                                                    ----------------------------
                                                    OMB Number:  3235-0145
                                                    Expires: December 31, 1997
                                                    Estimated average burden
                                                    hours per response.... 14.90


                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549
                                  SCHEDULE 13G

                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
                            
                            (AMENDMENT NO.       )*  
                                           -----


                      Pacific Coast Apparel Company, Inc.
         -------------------------------------------------------------
                                (Name of Issuer)

                                 Common Stock
              ---------------------------------------------------
                        (Title of Class of Securities)

                                    694074
                   -----------------------------------------
                                 (CUSIP Number)


Check the following box if a fee is being paid with this statement [_]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

*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 the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


                               Page 1 of 6 Pages
<PAGE>
 
- -----------------------                                  ---------------------
  CUSIP NO.                             13G                PAGE 2 OF 6 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      
      James A. McDermott

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    
      USA

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5   
     NUMBER OF            382,500
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          -0-
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7    
    REPORTING             -0-
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          382,500
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9  
      382,500

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10                  
      N/A
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11    
      12.8%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
      IN

- ------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                               Page 2 of 6 pages
<PAGE>

                         INSTRUCTIONS FOR SCHEDULE 13G

INSTRUCTIONS FOR COVER PAGE

(1)   Names and Social Security Numbers of Reporting Persons--Furnish the full
      legal name of each person for whom the report is filed--i.e., each person
      required to sign the schedule itself--including each member of a group. Do
      not include the name of a person required to be identified in the report
      but who is not a reporting person. Reporting persons are also requested to
      furnish their Social Security or I.R.S. identification numbers, although
      disclosure of such numbers is voluntary, not mandatory (see "SPECIAL
      INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13G," below).

(2)   If any of the shares beneficially owned by a reporting person are held as
      a member of a group and such membership is expressly affirmed, please
      check row 2(a). If the membership in a group is disclaimed or the
      reporting person describes a relationship with other persons but does not
      affirm the existence of a group, please check row 2(b) [unless a joint
      filing pursuant to Rule 13d-1(e)(1) in which case it may not be necessary
      to check row 2(b)].

(3)   The third row is for SEC internal use; please leave blank.

(4)   Citizenship or Place of Organization--Furnish citizenship if the named
      reporting person is a natural person. Otherwise, furnish place of
      organization.

(5)-(9), (11) Aggregate Amount Beneficially Owned By Each Reporting Person, 
      Etc.--Rows (5) through (9) inclusive, and (11) are to be completed in
      accordance with the provisions of Item 4 of Schedule 13G. All percentages
      are to be rounded off to the nearest tenth (one place after decimal
      point).

(10)  Check if the aggregate amount reported as beneficially owned in row (9)
      does not include shares as to which beneficial ownership is disclaimed
      pursuant to Rule 13d-4 [17 CFR 240.13d-4] under the Securities Exchange
      Act of 1934.

(12)  Type of Reporting Person--Please classify each "reporting person"
      according to the following breakdown (see Item 3 of Schedule 13G) and
      place the appropriate symbol on the form:

<TABLE> 
<CAPTION> 
          Category                                              Symbol
          <S>                                                   <C> 
          Broker Dealer                                           BD
          Bank                                                    BK
          Insurance Company                                       IC
          Investment Company                                      IV
          Investment Adviser                                      IA
          Employee Benefit Plan, Pension Fund,   
            or Endowment Fund                                     EP
          Parent Holding Company                                  HC
          Corporation                                             CO
          Partnership                                             PN
          Individual                                              IN
          Other                                                   OO 
</TABLE> 

Notes:

     Attach as many copies of the second part of the cover page as are needed, 
one reporting person per page.

     Filing persons may, in order to avoid unnecessary duplication, answer items
on the schedules (Schedule 13D, 13G or 14D-1) by appropriate cross references to
an item or items on the cover page(s). This approach may only be used where the 
cover page item or items provide all the disclosure required by the schedule 
item. Moreover, such a use of a cover page item will result in the item becoming
a part of the schedule and accordingly being considered as "filed" for purposes 
of Section 18 of the Securities Exchange Act or otherwise subject to the 
liabilities of that section of the Act.

     Reporting persons may comply with their cover page filing requirements by 
filing either completed copies of the blank forms available from the Commission,
printed or typed facsimiles, or computer printed facsimiles, provided the 
documents filed have identical formats to the forms prescribed in the 
Commission's regulations and meet existing Securities Exchange Act rules as to 
such matters as clarity and size (Securities Exchange Act Rule 12b-12).

             SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13G

     Under Sections 13(d), 13(g), and 23 of the Securities Exchange Act of 1934 
and the rules and regulations thereunder, the Commission is authorized to 
solicit the information required to be supplied by this schedule by certain 
security holders of certain issuers.

     Disclosure of the information specified in this schedule is mandatory, 
except for Social Security or I.R.S. identification numbers, disclosure of which
is voluntary. The information will be used for the primary purpose of 
determining and disclosing the holdings of certain beneficial owners of certain 
equity securities. This statement will be made a matter of public record. 
Therefore, any information given will be available for inspection by any member 
of the public.

                               Page 3 of 6 pages
<PAGE>
 
     Because of the public nature of the information, the Commission can utilize
it for a variety of purposes, including referral to other governmental 
authorities or securities self-regulatory organizations for investigatory 
purposes or in connection with litigation involving the Federal securities laws 
or other civil, criminal or regulatory statutes or provisions. Social Security 
or I.R.S. identification numbers, if furnished, will assist the Commission in 
identifying security holders and, therefore, in promptly processing statements 
of beneficial ownership of securities.

     Failure to disclose the information requested by this schedule, except for 
Social Security or I.R.S. identification numbers, may result in civil or
criminal action against the persons involved for violation of the Federal
securities laws and rules promulgated thereunder.

                             GENERAL INSTRUCTIONS

A.   Statements containing the information required by this schedule shall be
     filed not later than February 14 following the calendar year covered by the
     statement or within the time specified in Rule 13d-1(b)(2), if applicable.

B.   Information contained in a form which is required to be filed by rules
     under 13(f)(15 U.S.C. 78m(f)) for the same calendar year as that covered by
     a statement on this schedule may be incorporated by reference in response
     to any of the items of this schedule. If such information is incorporated
     by reference in this schedule, copies of the relevant pages of such form
     shall be filed as an exhibit to this schedule.

C.   The item numbers and captions of the items shall be included but the text
     of the items is to be omitted. The answers to the items shall be so
     prepared as to indicate clearly the coverage of the items without referring
     to the text of the items. Answer every item. If an item is inapplicable or
     the answer is in the negative, so state.

Item 1.
     (a) Name of Issuer:
         Pacific Coast Apparel Company, Inc.
          
     (b) Address of Issuer's Principal Executive Offices:
         11828 Teale Street, Culver City, CA 90230
          
Item 2.
     (a) Name of Person(s) Filing:
         James A. McDermott
     
     (b) Address of Principal Business Office or, if none, Residence:
         11828 Teale Street, Culver City, CA 90230
          
     (c) Citizenship:
         USA

     (d) Title of Class of Securities:
         Common Stock

     (e) CUSIP Number:
         694074

Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check
        whether the person filing is a:

     (a)  [_]  Broker or Dealer registered under Section 15 of the Act.
               N/A

     (b)  [_]  Bank as defined in Section 3(a)(6) of the Act.
               N/A

     (c)  [_]  Insurance Company as defined in Section 3(a)(19) of the Act.
               N/A

     (d)  [_]  Investment Company registered under Section 8 of the 
               Investment Company Act.
               N/A

     (e)  [_]  Investment Adviser registered under Section 203 of the 
               Investment Advisers Act of 1940.
               N/A
 
     (f)  [_]  Employee Benefit Plan, Pension Fund which is subject to the
               provisions of the Employee Retirement Income Security Act of 1974
               or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F).
               N/A

     (g)  [_]  Parent Holding Company, in accordance with 
               Section 240.13d-1(b)(ii)(G) (Note: See Item 7).
               N/A

     (h)  [_]  Group, in accordance with Section 240.13d-1(b)(1)(ii)(H).
               N/A

Item 4.  Ownership

     If the percent of the class owned, as of December 31 of the year covered by
the statement, or as of the last day of any month described in Rule 13d-1(b)(2),
if applicable, exceeds five percent, provide the following information as of
that date and identify those shares which there is a right to acquire.
      
     (a)  Amount Beneficially Owned:
          382,500 shares
  
     (b)  Percent of Class:
          12.8%

                               Page 4 of 6 pages
<PAGE>
 
     (c)  Number of shares as to which such person has:

            i)  sole power to vote or to direct the vote 
                382,500

           ii)  shared power to vote or to direct the vote 
                -0-

          iii)  sole power to dispose or to direct the disposition of  
                -0-

           iv)  shared power to dispose or to direct the disposition of 
                382,500

Instruction: For computations regarding securities which represent a right to 
             acquire an underlying security see Rule 13d-3(d)(1).


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 [_]. 
         not applicable

Instruction:  Dissolution of a group requires a response to this item.

Item 6.  Ownership of More than Five Percent on Behalf of Another Person:

             If any other person is known to have the right to receive or the 
         power to direct the receipt of dividends from, or the proceeds from the
         sale of, such securities, a statement to that effect should be
         included in response to this item and, if such interest relates to more
         than five percent of the class, such person should be identified. A
         listing of the shareholders of an investment company registered under
         the Investment Company Act of 1940 or the beneficiaries of employee
         benefit plan, pension fund or endowment fund is not required.
         not applicable

Item 7.  Identification and Classification of the Subsidiary Which Acquired the
         Security Being Reported on By the Parent Holding Company:

             If a parent holding company has filed this schedule, pursuant to 
         Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit
         stating the identity and the Item 3 classification of the relevant
         subsidiary. If a parent holding company has filed this schedule
         pursuant to Rule 13d-1(c), attach an exhibit stating the identification
         of the relevant subsidiary.
         not applicable

Item 8.  Identification and Classification of Members of the Group:

             If a group has filed this schedule pursuant to Rule 
         13d-1(b)(ii)(H), so indicate under Item 3(h) and attach an exhibit
         stating the identity and Item 3 classification of each member of the
         group. If a group has filed this schedule pursuant to Rule 13d-1(c),
         attach an exhibit stating the identity of each member of the group.
         not applicable

Item 9.  Notice of Dissolution of the Group:

             Notice of dissolution of a group may be furnished as an exhibit 
         stating the date of the dissolution and that all further filings with
         respect to transactions in the security reported on will be filed, if
         required, by members of the group, in their individual capacity. See
         Item 5.
         not applicable

Item 10. Certification:

             The following certification shall be included if the statement is 
         filed pursuant to Rule 13d-1(b):

             By signing below I certify that, to the best of my knowledge and 
         belief, the securities referred to above were acquired in the ordinary
         course of business and were not acquired for the purpose of and do not
         have the effect of changing or influencing the control of the issuer of
         such securities and were not acquired in connection with or as a
         participant in any transaction having such 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.

                                                      February 7, 1997
                                              --------------------------------
                                                            Date


                                              --------------------------------
                                                           Signature

                                               James A. McDermott, President
                                              --------------------------------
                                                          Name/Title


                               Page 5 or 6 pages
<PAGE>
 
     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.

Note: Six copies of this statement, including all exhibits, should be filed with
      the Commission.

ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL 
                   CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)

                               Page 6 of 6 pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission