- ------
FORM 4
- ------
|_| Check this box if no longer
subject to Section 16. Form 4 or
Form 5 obligations may continue.
See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
OMB APPROVAL
------------------------------------------
OMB Number: 3235-0287
Expires: February 1, 1994
Estimated average burden
hours per response.....................0.5
------------------------------------------
- ------------------------------------------------
1. Name and Address of Reporting Person*
Spector Paul
- ------------------------------------------------
(Last) (First) (Middle)
718 Dickens Avenue
- ------------------------------------------------
(Street)
Franklin Square, New York 11010
- ------------------------------------------------
(City) (State) (Zip)
- ------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol
ARIS INDUSTRIES, INC. (AISI)
- ------------------------------------------------
3. I.R.S. of Social Security Number of
Reporting Person (Voluntary)
- ------------------------------------------------
4. Statement for Month/Year
March 1999
- ------------------------------------------------
5. If Amendment, Date of Original
(Month/Year)
- ------------------------------------------------
6. Relationship of Reporting Person to Issuer
(Check all applicable)
___ Director ____ 10% Owner
_X_ Officer (give ____ Other (specify
title below) below)
Vice-President and Secretary
----------------------------
- ------------------------------------------------
7. Individual or Joint/Group Filing
(Check Applicable)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
=====================================================================================================================
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- ---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) 5. Amount of
(Instr. 3) Date Code or Disposed of (D) Securities
(Month/Day/ (Instr. 8) (Instr. 3, 4 and 5) Beneficially
Year) -------------- -------------------------- Owned at
| | | | (A) or | End of Month
| Code | V | Amount | (D) | Price (Instr. 3 and 4)
- ---------------------------------------------------------------------------------------------------------------------
15,000
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
<CAPTION>
<S> <C>
- --------------------------------------------------------------------------------
6. Ownership Form: 7. Nature of Indirect
Direct (D) or Beneficial Ownership
Indirect (I) (Instr. 4)
(Instr. 4)
- --------------------------------------------------------------------------------
D
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses) (Over)
SEC 1474 (3-91)
<PAGE>
<TABLE>
<CAPTION>
FORM 4 - (continued)
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Trans- 5. Number of Deriv- 6. Date Exer- 7. Title and amount
(Instr. 3) sion or action action ative Securities cisable and of Underlying
Exercise Date Code Acquired (A) or Expiration Securities
Price of (Month/ (Instr. 8) Disposed of (D) Date (Month/ (Instr. 3 and 4)
Derivative Day/ (Instr. 3, 4 and 5) Day/Year)
Security Year) ------------ -------------------- -------------- ---------------
| | | | Date Expira-
| | | | Exer- ation
| Code | V | (A) | (D) cisable Date Title Amount
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Purchase Under
1993 Stock Option Plan $0.10 3/5/99 X 5,000 3/28/05(1) 8/28/07 Common 15,000
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1. Title of Derivative Security 8. Price of 9. Number of 10. Ownership 11. Nature of
(Instr. 3) Derivative Derivative Form of Indirect
Security Securities Derivative Beneficial
(Instr. 5) Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect
(Instr. 4) (I) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Purchase Under
1993 Stock Option Plan N/A 65,000 D
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
EXPLANATION OF RESPONSES:
(1) Earlier vesting and exercisable, due to acceleration by change of control
on February 26, 1999.
------------------------------------- ---------------
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Page 2
SEC 1474 (3-91)
<PAGE>
- ------
FORM 4
- ------
|_| Check box if no longer
subject to Section 16. Form 4 and
Form 5 obligations may continue.
See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
OMB APPROVAL
------------------------------------------
OMB Number: 3235-0287
Expires: February 1, 1994
Estimated average burden
hours per response.....................0.5
------------------------------------------
- ------------------------------------------------
1. Name and Address of Reporting Person
Capute Vincent
- ------------------------------------------------
(Last) (First) (Middle)
33 Kingsley Road
- ------------------------------------------------
(Street)
Kendall Park, NJ 08824
- ------------------------------------------------
(City) (State) (Zip)
- ------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol
ARIS INDUSTRIES, INC. (AISI)
- ------------------------------------------------
3. I.R.S. of Social Security Number of
Reporting Person (Voluntary)
- ------------------------------------------------
4. Statement for Month/Year
March 1999
- ------------------------------------------------
5. If Amendment, Date of Original
(Month/Year)
- ------------------------------------------------
6. Relationship of Reporting Person to Issuer
(Check all applicable)
___ Director ____ 10% Owner
_X_ Officer (give ____ Other (specify
title below) below)
Vice President
----------------------------
- ------------------------------------------------
7. Individual or Joint/Group Filing
(Check Applicable)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
=====================================================================================================================
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- ---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) 5. Amount of
(Instr. 3) Date Code or Disposed of (D) Securities
(Month/Day/ (Instr. 8) (Instr. 3, 4 and 5) Beneficially
Year) -------------- -------------------------- Owned at
| | | | (A) or | End of Month
| Code | V | Amount | (D) | Price (Instr. 3 and 4)
- ---------------------------------------------------------------------------------------------------------------------
3,332
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
<CAPTION>
<S>
- --------------------------------------------------------------------------------
1. Title of Security 6. Ownership Form: 7. Nature of Indirect
(Instr. 3) Direct (D) or Beneficial Ownership
Indirect (I) (Instr. 4)
(Instr. 4)
- --------------------------------------------------------------------------------
D
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses) (Over)
SEC 1474 (3-91)
<PAGE>
<TABLE>
<CAPTION>
FORM 4 - (continued)
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Trans- 5. Number of Deriv- 6. Date Exer- 7. Title and amount
(Instr. 3) sion or action action ative Securities cisable and of Underlying
Exercise Date Code Acquired (A) or Expiration Securities
Price of (Month/ (Instr. 8) Disposed of (D) Date (Month/ (Instr. 3 and 4)
Derivative Day/ (Instr. 3, 4 and 5) Day/Year)
Security Year) ------------ -------------------- -------------- ---------------
| | | | Date Expira-
| | | | Exer- ation
| Code | V | (A) | (D) cisable Date Title Amount
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Purchase Under
1993 Stock Option Plan $0.10 3/5/99 X 1,666 3/28/05(1) 8/28/07 Common 3,332
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1. Title of Derivative Security 8. Price of 9. Number of 10. Ownership 11. Nature of
(Instr. 3) Derivative Derivative Form of Indirect
Security Securities Derivative Beneficial
(Instr. 5) Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect
(Instr. 4) (I) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Purchase Under
1993 Stock Option Plan N/A 3,332 D
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
EXPLANATION OF RESPONSES:
(1) Earlier vesting and exercisable due to acceleration by change of control
on February 26, 1999.
------------------------------------- ---------------
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Page 2
SEC 1474 (3-91)
<PAGE>
- ------
FORM 4
- ------
|_| Check this box if no longer
subject to Section 16. Form 4 or
Form 5 obligations may continue.
See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
OMB APPROVAL
------------------------------------------
OMB Number: 3235-0287
Expires: February 1, 1994
Estimated average burden
hours per response.....................0.5
------------------------------------------
- ------------------------------------------------
1. Name and Address of Reporting Person
Ramat Charles
- ------------------------------------------------
(Last) (First) (Middle)
1185 Park Avenue, No. 11A
- ------------------------------------------------
(Street)
New York, NY 10128
- ------------------------------------------------
(City) (State) (Zip)
- ------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol
ARIS INDUSTRIES, INC. (AISI)
- ------------------------------------------------
3. I.R.S. or Social Security Number of
Reporting Person (Voluntary)
- ------------------------------------------------
4. Statement for Month/Year
March 1999
- ------------------------------------------------
5. If Amendment, Date of Original
(Month/Year)
- ------------------------------------------------
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
___ Director ____ 10% Owner
_X_ Officer (give ____ Other (specify
title below) below)
Former Chairman and Chief
Executive Officer
----------------------------
- ------------------------------------------------
7. Individual or Joint/Group Filing
(Check Applicable)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
=====================================================================================================================
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- ---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) 5. Amount of
(Instr. 3) Date Code or Disposed of (D) Securities
(Month/Day/ (Instr. 8) (Instr. 3, 4 and 5) Beneficially
Year) -------------- -------------------------- Owned at
| | | | (A) or | End of Month
| Code | V | Amount | (D) | Price (Instr. 3 and 4)
- ---------------------------------------------------------------------------------------------------------------------
738,271
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
<CAPTION>
<S>
- --------------------------------------------------------------------------------
1. Title of Security 6. Ownership Form: 7. Nature of Indirect
(Instr. 3) Direct (D) or Beneficial Ownership
Indirect (I) (Instr. 4)
(Instr. 4)
- --------------------------------------------------------------------------------
D
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses) (Over)
SEC 1474 (3-91)
<PAGE>
<TABLE>
<CAPTION>
FORM 4 - (continued)
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Trans- 5. Number of Deriv- 6. Date Exer- 7. Title and Amount
(Instr. 3) sion or action action ative Securities cisable and of Underlying
Exercise Date Code Acquired (A) or Expiration Securities
Price of (Month/ (Instr. 8) Disposed of (D) Date (Month/ (Instr. 3 and 4)
Derivative Day/ (Instr. 3, 4 and 5) Day/Year)
Security Year) ------------ -------------------- -------------- ---------------
| | | | Date Expira-
| | | | Exer- ation
| Code | V | (A) | (D) cisable Date Title Amount
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Purchase Under
1993 Stock Option Plan $0.10 3/5/99 X 101,666 3/28/05(1) 8/28/07 Common 738,271
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1. Title of Derivative Security 8. Price of 9. Number of 10. Ownership 11. Nature of
(Instr. 3) Derivative Derivative Form of Indirect
Security Securities Derivative Beneficial
(Instr. 5) Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect
(Instr. 4) (I) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Purchase Under
1993 Stock Option Plan N/A 2,150,000 D
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
EXPLANATION OF RESPONSES:
(1) Earlier vesting and exercisable due to acceleration by change of control
on February 26, 1999.
/s/ PAUL SPECTOR 4/12/99
------------------------------------- ---------------
Paul Spector
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Page:
SEC 1474 (3-91)
