<PAGE> 1
SCHEDULE 13G
(RULE 13D-102)
Information to be Included in Statements filed Pursuant to
Rule 13d-1(b) and (c) and Amendments Thereto Filed
Pursuant to Rule 13d-2(b)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
--------
Tropical Sportswear Int'l Corporation
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
89708P 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
disclosures provided in a prior cover page.
The information required on 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> 2
CUSIP NO. 89708P 10 2 13G Page 2 of 9 Pages
<TABLE>
- --------------------------------------------------------------------------------
<S> <C>
1 Names of Reporting Persons/I.R.S. Identification
Nos. of Above Persons (Entities Only)
Michael Kagan
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
Number of 5 Sole Voting Power
Shares 4,600 (See Item 2(a) and Item 4(a))
Beneficially -------------------------------------------------
Owned by 6 Shared Voting Power
Each 562,500 (See Item 2(a) and Item 4(a))
Reporting -------------------------------------------------
Person With 7 Sole Dispositive Power
4,600 (See Item 4(a))
-------------------------------------------------
8 Shared Dispositive Power
562,500 (See Item 2(a) and Item 4(a))
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
567,100 (See Items 2(a) and 4(a))
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9)
Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
7.46%
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
IN
- --------------------------------------------------------------------------------
</TABLE>
<PAGE> 3
CUSIP NO. 89708P 10 2 13G Page 3 of 9 Pages
<TABLE>
- --------------------------------------------------------------------------------
<S> <C>
1 Names of Reporting Persons/I.R.S. Identification
Nos. of Above Persons (Entities Only)
Nancy A. Favilla
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
Number of 5 Sole Voting Power
Shares 0
Beneficially --------------------------------------------------
Owned by 6 Shared Voting Power
Each 562,500 (See Item 2(a) and Item 4(a))
Reporting --------------------------------------------------
Person With 7 Sole Dispositive Power 0
--------------------------------------------------
8 Shared Dispositive Power
562,500 (See Item 2(a) and Item 4(a))
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
562,500 (See Item 2(a) and Item 4(a))
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in
Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
7.4%
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
IN
- --------------------------------------------------------------------------------
</TABLE>
<PAGE> 4
CUSIP NO. 89708P 10 2 13G Page 4 of 9 Pages
<TABLE>
- --------------------------------------------------------------------------------
<S> <C>
1 Names of Reporting Persons/I.R.S. Identification
Nos. of Above Persons (Entities Only)
Kagan Family Limited Partnership
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Nevada limited partnership
- --------------------------------------------------------------------------------
Number of 5 Sole Voting Power
Shares (See Item 2(a) and Item 4(a))
Beneficially ---------------------------------------------------
Owned by 6 Shared Voting Power
Each (See Item 2(a) and Item 4(a))
Reporting ---------------------------------------------------
Person With 7 Sole Dispositive Power
(See Item 2(a) and Item 4(a))
---------------------------------------------------
8 Shared Dispositive Power
(See Item 2(a) and Item 4(a))
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
(See Item 2(a) and Item 4(a))
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row
(9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
(See Item 4(b))
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
</TABLE>
<PAGE> 5
CUSIP NO. 89708P 10 2 13G Page 5 of 9 Pages
ITEM 1(A) Name of Issuer:
Tropical Sportswear Int'l Corporation
ITEM 1(B) Address of Issuer's Principal Executive Offices:
4902 West Waters Avenue
Tampa, Florida 33634-1302
ITEM 2(A) Names of Persons Filing:
Michael Kagan
Nancy A. Favilla
Kagan Family Limited Partnership
Kagan Family Limited Partnership ("KFLP") is the owner of
record of 562,500 shares of the Issuer, and is a person as
defined in Section 13(g)(6) of the Securities Exchange Act of
1934, as amended. Michael Kagan ("Kagan") and Nancy A. Favilla
("Favilla"), who are husband and wife, are the only general
partners of KFLP, and each hold a .5% interest in KFLP. Kagan
is the sole limited partner of KFLP, and owns the remaining
99% interest in KFLP. As general partners of KFLP, Kagan and
Favilla have voting and dispositive power over the shares
owned by KFLP.
ITEM 2(B) Address of Principal Office or, if None, Residence:
Michael Kagan, 4902 West Waters Avenue, Tampa, FL 33634-1302
Nancy A. Favilla, 7707 Lake Cypress Drive, Odessa, FL 33556
Kagan Family Limited Partnership, 7706 Lake Cypress Drive,
Odessa, FL 33556
ITEM 2(C) Citizenship:
Michael Kagan is a United States Citizen
Nancy A. Favilla is a United States Citizen
Kagan Family Limited Partnership is a Nevada limited
partnership
ITEM 2(D) Title of Class of Securities:
Common Stock, par value $.01
ITEM 2(E) CUSIP Number:
89708P 10 2
ITEM 3. The persons filing this Schedule 13G are:
Not applicable.
<PAGE> 6
CUSIP NO. 89708P 10 2 13G Page 6 of 9 Pages
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned:
Michael Kagan: 567,100 shares
Nancy A. Favilla: 562,500 shares
Kagan Family Limited Partnership: See below.
Kagan Family Limited Partnership ("KFLP") is the owner of
record of 562,500 shares of the Issuer, and is a person as
defined in Section 13(g)(6) of the Securities Exchange Act of
1934, as amended. Michael Kagan ("Kagan") and Nancy A. Favilla
("Favilla"), who are husband and wife, are the only general
partners of KFLP, and each hold a .5% interest in KFLP. Kagan
is the sole limited partner of KFLP, and owns the remaining
99% interest in KFLP. As general partners of KFLP, Kagan and
Favilla have voting and dispositive power over the shares
owned by KFLP. The beneficial ownership of Kagan includes
4,600 shares which he has the right to acquire pursuant to
currently exercisable stock options.
(b) Percent of class:
Michael Kagan: 7.46%
Nancy A. Favilla: 7.4%
Kagan Family Limited Partnership: See Item 4(a) above.
(c) The number of shares as to which Michael Kagan has:
(i) Sole power to vote or to direct the vote:
4,600 shares
(ii) Shared power to vote or to direct the vote:
562,500 shares
(iii) Sole power to dispose or to direct the disposition
of: 4,600 shares
(iv) Shared power to dispose or to direct the disposition
of: 562,500 shares
The number of shares as to which Nancy A. Favilla has:
(i) Sole power to vote or to direct the vote: 0 shares
(ii) Shared power to vote or to direct the vote:
562,500 shares
(iii) Sole power to dispose or to direct the disposition
of: 0 shares
(iv) Shared power to dispose or to direct the disposition
of: 562,500 shares
<PAGE> 7
CUSIP NO. 89708P 10 2 13G Page 7 of 9 Pages
The number of shares as to which Kagan Family Limited
Partnership has:
(i) Sole power to vote or to direct the vote: See Item
4(a) above.
(ii) Shared power to vote or to direct the vote: See Item
4(a) above.
(iii) Sole power to dispose or to direct the disposition
of: See Item 4(a) above.
(iv) Shared power to dispose or to direct the disposition
of: See Item 4(a) above.
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 [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
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.
Michael Kagan: IN
Nancy A. Favilla: IN
Kagan Family Limited Partnership: PN
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable.
<PAGE> 8
CUSIP NO. 89708P 10 2 13G Page 8 of 9 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.
KAGAN FAMILY LIMITED PARTNERSHIP
A Nevada limited partnership
By:/s/ Michael Kagan
---------------------------------
MICHAEL KAGAN, General Partner
Dated: February 12, 1998 By:/s/ Nancy A. Favilla
---------------------------------
NANCY A. FAVILLA, General Partner
Dated: February 12, 1998 /s/ Michael Kagan
------------------------------------
MICHAEL KAGAN, Individually
/s/ Nancy A. Favilla
------------------------------------
Dated: February 12, 1998 NANCY A. FAVILLA, Individually
<PAGE> 9
CUSIP NO. 89708P 10 2 13G Page 9 of 9 Pages
JOINT FILING AGREEMENT
MICHAEL KAGAN, NANCY A. FAVILLA, and KAGAN FAMILY LIMITED
PARTNERSHIP, a Nevada limited partnership (the "Filing Persons") hereby agree to
file jointly the Schedule 13G to which this Joint filing Agreement is attached
and any amendments thereto, as permitted by Rule 13d-1 promulgated under the
Securities Exchange Act of 1934, as amended. Each Filing Person agrees that the
information set forth in such Schedule 13G and any amendments thereto with
respect to that Filing Person will be true, complete and correct as of the date
of that Schedule 13G or any amendment, to the best of that Filing Person's
knowledge and belief, after reasonable inquiry. Each of the Filing Persons makes
no representations as to the accuracy or adequacy of the information set forth
in the Schedule 13G or any amendments thereto with respect to the other Filing
Person. Each Filing Person shall notify the other Filing Person Promptly if any
of the information set forth in the Schedule 13G or any amendments thereto
becomes inaccurate in any material respect or if the that person learns of
information which would require an amendment to the Schedule 13G.
IN WITNESS WHEREOF, the undersigned have executed this Joint Filing
Agreement as of the 12th day of February, 1998.
/s/ Michael Kagan
---------------------------------------
MICHAEL KAGAN, Individually
/s/ Nancy A. Favilla
---------------------------------------
NANCY A. FAVILLA, Individually
KAGAN FAMILY LIMITED PARTNERSHIP
---------------------------------------
A Nevada limited partnership
By:/s/ Michael Kagan
------------------------------------
MICHAEL KAGAN, General Partner
By:/s/ Nancy A. Favilla
------------------------------------
NANCY A. FAVILLA, General Partner
