FORM 4
[ ] Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may
continue. SEE Instruction 1(b).
U.S. 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
1. Name and Address of Reporting Person*
Johnson Joel
(Last) (First) (Middle)
c/o Signature Eyewear, Inc., 498 North Oak Street
(Street)
Inglewood CA 90301
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Signature Eyewear, Inc. (Nasdaq Symbol "SEYE")
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year: December 1998
5. If Amendment, Date of Original(Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
[x] Director
[ ] 10% Owner
[ ] Officer (give title below)
[ ] Other (specify below)
--------------------------------
7. Individual or Joint/Group Filing (Check applicable line)
[x] Form filed by one Reporting Person
[ ] Form filed by more than one Reporting Person
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<CAPTION>
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
<S> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Trans- 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action Code or Disposed of (D) Securities Form; Indirect
Date (Instr. 8) Beneficially Direct (D) Beneficial
(Instr. 3, 4 and 5) Owned at End or Indirect Ownership
(Month/ of Month (I)
Day/ (A) or (Instr. 4)
Year) Code V Amount (D) Price (Instr. 3 and 4) (Instr. 4)
Common Stock 12/18/98 P 1,000 A $4.7312
Common Stock 1,000 D
</TABLE>
If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Over)
(Print or Type Responses)
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FORM 4 (CONTINUED)
<TABLE>
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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> <C> <C> <C> <C>
1.Title 2.Conver- 3.Trans- 4.Trans- 5.No. of 6.Date Exer- 7.Title and 8.Price 9.No. of 10.Owner- 11.Nature
of sion or action action Deriv- cisable Amt. of of Deriv- ship of In-
Deri- Exercise Date Code ative and Underly- Deri- ative Form of direct
vative Price of (Month/ (Instr.8) Securi- Expiration ing Secur- vative Securi- Deri- Benefi-
Security Deriva- Day/ ties Date (Month/ ities Security ties vative cial
(Instr.3) tive Year) Acquired Day/Year) (Instr.3 (Instr.5) Benefi- Security: Owner-
Security (A) or and 4) cially Direct(D) ship
Disposed Owned or Indi- (Instr.
of (D) at End rect(I) 4)
(Instr.3, of Month (Instr.4)
4, and 5) (Instr.4)
<C> <C> <C> <C> <C> <C> <C> <C>
Code V (A) (D) Date Expira- Title Amt or
Exer- tion No. of
cis- Date Shares
able
Warrant Common
(right to buy) $12.00 9/11/98 9/11/02 Stock 6,500 $6.50 6,500 D
</TABLE>
Explanation of Responses:
**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.
/s/ Joel Johnson 12/29/98
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**Signature of Reporting Person Date
Page 2
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