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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
FORM 3 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 Lowenthal Gary M.
Reporting Person* (Last) (First) (Middle)
c/o The Boyds Collection, Ltd.
350 South Street
(Street)
McSherrystown PA 17344
(City) (State) (Zip)
2. Date of Event Requiring 3/4/99
Statement (Month/Day/Year)
3. IRS Identification Number of
Reporting Person, if an entity
(voluntary)
4. Issuer Name and Ticker or The Boyds Collection, Ltd. / FOB
Trading Symbol
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FORM 3 (continued)
5. Relationship of Reporting X Director x 10% Owner
Person(s) to Issuer X Officer (give Other (specify
(Check all applicable) title below)
below)
Chief Executive Officer
6. If Amendment, Date of
Original (Month/Day/Year)
7. Individual or Joint/Group X Form filed by One Reporting Person
Filing (Check Applicable Form filed by More than One Reporting
Line) Person
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FORM 3 (continued)
Table I -- Non-Derivative Securities Beneficially Owned
1. Title of Security Common Stock
(Instr. 4)
2. Amount of Securities 5,682,463
Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) D
or Indirect (I) (Instr. 5)
4. Nature of Indirect
Beneficial Ownership
(Instr. 5)
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FORM 3 (continued)
1. Title of Security
(Instr. 4)
2. Amount of Securities 4,492,066
Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) I
or Indirect (I) (Instr. 5)
4. Nature of Indirect See Note 1
Beneficial Ownership
(Instr. 5)
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
5(b)(v).
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays
a currently valid OMB control number.
SEC 1473 (7-97)
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FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date Date Exercisable Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Title Amount or
Underlying Derivative Security Number of
(Instr. 4) Shares
4. Conversion or Exercise Price of Derivative Security
5. Ownership Form of Derivative Security: Direct (D) or
Indirect (I) (Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
/s/ Gary M. Lowenthal 3/15/99
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**Signature of Reporting Person Date
Gary M. Lowenthal
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FORM 3 (continued)
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 is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays a
currently valid OMB Number.
SEC 1473 (7-97)
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NOTES TO FORM 3
GARY M. LOWENTHAL
March 4, 1999
1. Among the reported shares, 4,492,066 are directly held by The GJL
L.L.C. The Reporting Person is the sole managing member of The GJL
L.L.C., the other member of which is his wife, Justina Lowenthal.
Because the Reporting Person has voting and investment control over the
reported shares held by The GJL L.L.C., the Reporting Person may be
deemed to be the beneficial owner of the reported shares held by such
entity. However, pursuant to Rule 16a-1(a)(2) promulgated under the
Securities Act of 1934, as amended, the Reporting Person disclaims that
he is the beneficial owner of such shares, except to the extent of his
pecuniary interest in such shares.
SEC 1473 (7-97)