- ------
FORM 4
- ------
|_| Check this 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
Simon, Arnold H.
The Simon Group, LLC
- ------------------------------------------------
(Last) (First) (Middle)
c/o Aris Industries, Inc.
1411 Broadway, 12th Floor
- ------------------------------------------------
(Street)
New York NY 10018
- ------------------------------------------------
(City) (State) (Zip)
- ------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol
ARIS INDUSTRIES, INC.
(OTC:BB: AISI)
- ------------------------------------------------
3. I.R.S. or Social Security Number or
Reporting Person (Voluntary)
- ------------------------------------------------
4. Statement for Month/Year
12/99
- ------------------------------------------------
5. If Amendment, Date of Original
(Month/Year)
- ------------------------------------------------
6. Relationship of Reporting Person to Issuer
(Check all applicable)
_X__ Director __X__ 10% Owner
_X_ Officer (give __ __ Other (specify
title below) below)
Chairman and Chief Executive Officer
------------------------------------
- ------------------------------------------------
7. Individual or Joint/Group Filing
(Check Applicable)
_ _ Form filed by One Reporting Person
_X_ 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
Common Stock | Code | V | Amount | (D) | Price (Instr. 3 and 4)
- ---------------------------------------------------------------------------------------------------------------------
12/30/99 G 300,000 D
- ---------------------------------------------------------------------------------------------------------------------
44,745,045
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
<CAPTION>
<S> <C>
- --------------------------------------------------------------------------------
6. Ownership Form: 7. Nature of Indirect
Direct (D) or Beneficial Ownership
Indirect (I) (Instr. 4)
(Instr. 4)
- --------------------------------------------------------------------------------
I (1)
- --------------------------------------------------------------------------------
I (2)
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
</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
- ------------------------------------------------------------------------------------------------------------------------------------
<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)
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
EXPLANATION OF RESPONSES:
(1) Represents shares owned by The Simon Group, LLC, allocable to Arnold H.
Simon.
(2) Represents 35,574,841 shares owned by The Simon Group, LLC, of which Mr.
Simon is the sole managing member and 5,882,353 shares and 3,287,851 shares
owned by Alpine Peak Partners, LLC ("Alpine") and Palisades Private
Partnership, L.P. ("Palisades"), respectively, over which the Reporting
Persons have authority to direct the voting and disposition thereof. Mr.
Simon disclaims pecuniary interest in any of the foregoing shares except as
to his proportionate interest in The Simon Group, LLC, and The Simon Group,
LLC disclaims pecuniary interest in the shares owned by Alpine and
Palisades.
/s/ ARNOLD H. SIMON 1/10/2000
------------------------------------- ---------------
**Signature of Reporting Person Date
THE SIMON GROUP, LLC
By /s/ ARNOLD H. SIMON 1/10/2000
------------------------------------- ---------------
Arnold H. Simon, Managing Member 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 provided is insufficient, see Instruction 6 for procedure.
Page 2
SEC 1474 (3/91)
