- -------- -----------------------------
FORM 3 OMB APPROVAL
- -------- -----------------------------
OMB Number: 3235-0104
Expires: September 30, 1998
Estimated average burden
. hours per response .... 0.5
------------------------------
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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*
Hickman, Jr. J. Milton
- - ---------------------------------------------------
(Last) (First) (Middle)
c/o Gerber Childrenswear, Inc.
7005 Pelham Road, Suite D
- - ----------------------------------------------------
(Street)
Greenville South Carolina 29615
- - ----------------------------------------------------
(City) (State) (Zip)
- - ----------------------------------------------------------------------------
2. Date of Event Requiring Statement (Month/Day/Year)
11/8/99
- - ----------------------------------------------------------------------------
3. IRS or Social Security Number of Reporting Person (Voluntary)
- - ----------------------------------------------------------------------------
4. Issuer Name and Ticker or Trading Symbol
Gerber Childrenswear, Inc. (GCW)
- - ----------------------------------------------------------------------------
<PAGE>
FORM 3 (continued)
5. Relationship of Reporting Person to Issuer (Check all applicable)
[ ] Director
[ ] 10% Owner
[X] Officer (give title below)
[ ] Other (Specify below)
Senior Vice-President of Sales and Marketing
- - ----------------------------------------------------------------------------
6. If Amendment, Date of Original (Month/Day/Year)
- - ----------------------------------------------------------------------------
7. Individual or Joint/Group Filing (Check applicable line)
[x] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
- - ----------------------------------------------------------------------------
<TABLE>
<CAPTION>
TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
- ------------------------------------------------------------------------------
1. Title of Security 2. Amount of 3. Ownership 4. Nature of Indirect
(Instr. 4) Securities Form: Beneficial
Beneficially Direct (D) Ownership
Owned or Indirect (Instr. 5)
(Instr. 4) (I) (Instr. 5)
- ------------------------------------------------------------------------------
<S> <C> <C> <C>
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
</TABLE>
* If the Form is filed by more than one Reporting Person,
SEE instruction 5(b)(v).
Reminder: Report on a separate line for each class of
securities beneficially owned directly or indirectly.
(Print or Type Responses)
(Over)
SEC 1473 (7-96)
<PAGE>
FORM 3 (continued)
<TABLE>
<CAPTION>
TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------
1. Title of Derivative Security 2. Date Exercisable and 3. Title and Amount
(Instr. 4) Expiration Date of Securities
(Month/Day/Year) Underlying
----------------------- Derivative
Date Expiration Security
Exercisable Date (Instr. 4)
--------------------
Title Amount or
Number of
Shares
- ------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------
Stock Options (1) 11/08/2009 Common 15,000
Stock
- ------------------------------------------------------------------------------
4. Conversion or 5. Ownership Form of 6. Nature of Indirect
Exercise Price Derivative Security: Beneficial Ownership
of Derivative Direct (D) or (Instr. 5)
Security Indirect (I) (Instr. 5)
- ------------------------------------------------------------------------------
<C> <C> <C>
- ------------------------------------------------------------------------------
$4.00 D
- ------------------------------------------------------------------------------
</TABLE>
<PAGE>
Explanation of Responses:
(1) The options vest 20% per year over the next five years, with the first
20% vesting on November 8, 2000.
/s/ J. Milton Hickman, Jr.
--------------------------
J. Milton Hickman, Jr.
Date: November 17, 1999
**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.
