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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 21)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
Chris-Craft Industries, Inc.
(Name of Issuer)
$1.40 Cumulative Convertible Preferred Stock, par value
$1.00 per share; Class B Common Stock, par value
$.50 per share; and Common Stock, par value $.50 per share
(Title of Class of Securities)
170520-30-8; 170520-50-6; and 170520-10-0
(CUSIP Number)
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 ("Act") or
otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act.
(Continued on following pages)
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CUSIP No. 170520-30-8, 13G Page 2 of 6 Pages
170520-50-6, and
170520-10-0,
1) Name of Reporting Person: Herbert J. Siegel
SS or IRS Identification No. of Above Person:
2) Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) / /
(b) / /
3) SEC Use Only ........................................
4) Citizenship or Place of Organization: United States
of America
5) Sole Voting Power: 142,569 shares of
$1.40 Convertible Preferred Stock,
4,872,845 shares of Class B Common
Stock, and 6,886,706 shares
Number of of Common Stock
Shares Bene- 6) Shared Voting Power: None
ficially
Owned by
Each Reporting
Person with 7) Sole Dispositive Power: 142,569 shares
of $1.40 Convertible Preferred Stock,
4,872,845 shares of Class B Common
Stock, and 6,886,706 shares of Common
Stock
8) Shared Dispositive Power: None
9) Aggregate Amount Beneficially Owned by Each Reporting
Person: 142,569 shares of $1.40 Convertible Preferred
Stock, 4,872,845 shares of Class B Common
Stock, and 6,886,706 shares of Common Stock
10) Check Box if the Aggregate Amount in Row 9 Excludes
Certain Shares (See Instructions) ....................
11) Percent of Class Represented by Amount in Row 9:
60.8% of $1.40 Convertible Preferred Stock, 43.1%
of Class B Common Stock, and 21.1% of Common Stock
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12) Type of Reporting Person (See Instructions):
IN
Item 1(a). Name of Issuer:
Chris-Craft Industries, Inc. ("Chris-
Craft")
Item 1(b). Address of Issuer's Principal Executive
Offices:
767 Fifth Avenue
New York, New York 10153
Item 2(a). Name of Person Filing:
Herbert J. Siegel
Item 2(b). Address of Principal Business Office or, if
none, Residence:
Chris-Craft Industries, Inc.
767 Fifth Avenue
New York, New York 10153
Item 2(c). Citizenship:
United States of America
Item 2(d). Title of Class of Securities:
I
Convertible Preferred Stock, $1.40 cumulative
dividend, $1.00 par value, each share held on
November 10, 1986 and either not subsequently
transferred or transferred to a "Permitted
Transferee" currently convertible into
11.62760 shares of Class B Common Stock and
23.25520 shares of Common Stock and each other
share of $1.40 Convertible Preferred Stock
currently convertible into 34.88280 shares of
Common Stock ("$1.40 Convertible Preferred
Stock")
II
Class B Common Stock, $.50 par value, each
share convertible into one share of Common
Stock ("Class B Common Stock")
III
Common Stock, $.50 par value ("Common Stock")
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Item 2(e). CUSIP Number:
I ($1.40 Convertible Preferred Stock) --
170520-30-8
II (Class B Common Stock) -- 170520-50-6
III (Common Stock) -- 170520-10-0
Item 3. If this statement is filed pursuant to Rules 13d-
1(b), or 13d-2(b), check whether the person is a:
Inapplicable.
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Item 4. Ownership.
<TABLE>
<CAPTION>
I II III
$1.40
Convert-
ible Class B
Preferred Common Common
Stock Stock Stock
<S> <C> <C> <C>
(a) Amount Beneficially
Owned (1): 142,569 4,872,845(2) 6,886,706(3)
(b) Percent of Class
(outstanding at
December 31, 1999): 60.8% 43.1% 21.1%
(c) Number of shares as
to which such person
has:
(i) sole power to
vote or to direct
the vote 142,569 4,872,845 6,866,706
(ii) shared power to
vote or to direct
the vote -- -- --
(iii) sole power to
dispose or to direct
the disposition of 142,569 4,872,845 6,886,706
(iv) shared power to
dispose or to di-
rect the disposi-
tion of -- -- --
<FN>
(1) The figures exclude 72,057 shares of Class B Common Stock owned
by Mr. Siegel's wife and 37,711 shares held by her as trustee.
(2) Includes 3,315,471 shares issuable upon conversion of $1.40 Convertible
Preferred Stock.
(3) Includes 347,781 shares issuable upon exercise of an option exercisable
within 60 days after December 31, 1999 and 6,530,580 shares issuable
upon conversion of(i) $1.40 Convertible Preferred Stock and (ii) Class B
Common Stock, including Class B Common Stock issuable upon conversion of
$1.40 Convertible Preferred Stock.
</TABLE>
Item 5. Ownership of Five Percent or Less of a Class.
Inapplicable.
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
See Note (1) to Item 4.
Item 7. Identification and Classification of the Subsid-
iary Which Acquired the Security Being Reported on
By the Parent Holding Company.
Inapplicable.
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Item 8. Identification and Classification of Members of
the Group.
Inapplicable.
Item 9. Notice of Dissolution of Group.
Inapplicable.
Item 10. Certification.
Inapplicable.
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Signature
After reasonable inquiry and to the best of my knowl-
edge and belief, I certify that the information set forth in
this statement is true, complete and correct.
Date: February 10, 2000
/s/ Herbert J. Siegel
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Signature
Herbert J. Siegel
Name/Title