SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ____)*
STEINER LEISURE LIMITED
(Name of Issuer)
COMMON SHARES, PAR VALUE (U.S.) $.01 PER SHARE
(Title of Class of Securities)
P8744Y 10 2
(CUSIP Number)
*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 (the "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).
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SCHEDULE 13G
CUSIP NO. P8744Y 10 2 PAGE 2 OF 6 PAGES
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Clive E. Warshaw
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
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NUMBER OF 5 SOLE VOTING POWER 2,102,760
SHARES
BENEFICIALLY 6 SHARED VOTING POWER 0
OWNED BY
EACH
REPORTING 7 SOLE DISPOSITIVE POWER 2,102,760
PERSON
WITH 8 SHARED DISPOSITIVE POWER 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,102,760
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW |_|
(9) EXCLUDES CERTAIN SHARES (See Instructions)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
29.2%
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12 TYPE OF REPORTING PERSON
IN
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CUSIP NO. P8744Y 10 2 Page 3 of 6 pages
Item 1. (a) Name of Issuer:
Steiner Leisure Limited
(b) Address of Issuer's Principal Executive Offices:
Suite 104A, Saffrey Square, Nassau, The Bahamas
Item 2. (a) Name of Person Filing:
Clive E. Warshaw
(b) Address of Principal Business Office or, if None, Residence:
Suite 104A, Saffrey Square, Nassau, The Bahamas
(c) Citizenship:
United Kingdom
(d) Title of Class of Securities:
Common Shares, par value (U.S.) $.01 per share.
(e) CUSIP Number:
P8744Y 10 2
Item 3 If this statement is filed pursuant to Rules 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
(b) |_| Bank as defined in Section 3(a)(6) of the Act
(c) |_| Insurance Company as defined in Section 3(a)(19) of the
Act
(d) |_| Investment Company registered under Section 8 of the
Investment Company Act
(e) |_| Investment Advisor registered under Section 203 of the
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CUSIP NO. P8744Y 10 2 Page 4 of 6 pages
Investment Advisors Act of 1940
(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 240.
13d-1(b)(1)(ii)(F)
(g) |_| Parent Holding Company, in accordance with 240.
13d-1(b)(1)(ii)(G); (Note: See Item 7)
(h) |_| Group, in accordance with 240. 13d-1(b)(l)(ii)(H).
Not applicable.
Item 4. Ownership.
(a) Amount Beneficially Owned: 2,102,760 shares
(b) Percent of Class: 29.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 2,102,760
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of:
2,102,760
(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.
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CUSIP NO. P8744Y 10 2 Page 5 of 6 pages
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.
Not applicable.
<PAGE>
CUSIP NO. P8744Y 10 2 Page 6 of 6 pages
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 10, 1997
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(Date)
/S/ CLIVE E. WARSHAW
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(Signature)
CLIVE E. WARSHAW
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(Name/Title)
