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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 18)*
ARDEN GROUP, INC.
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(Name of Issuer)
Class A Common Stock - $0.25 par
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(Title of Class of Securities)
03976210-9
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(CUSIP Number)
Check the following box if a fee is being paid with this statement / /. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemend 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 1 of 5 pages
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CUSIP NO. 03976210-9 13G PAGE 2 OF 5 PAGES
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THE STOCK BONUS PLAN OF ARDEN GROUP, INC.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
214,147
NUMBER OF -------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 214,147
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
214,147
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.3%
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12 TYPE OF REPORTING PERSON
EP
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 pages
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Item 1 (a) Name of Issuer: Arden Group, Inc.
(b) Name of Issuer's Principal Executive Offices:
5900 S. Eastern Avenue
Los Angeles, CA 90040
Item 2 (a) Name of Person Filing: The Stock Bonus Plan of Arden Group, Inc.
(b) Address of Principal Business Office:
c/o City National Bank
400 North Roxbury Drive
Beverly Hills, CA 90210
(c) Citizenship: U.S. - a domestic employee benefit plan
(d) Title of Class of Securities: Class A Common Stock - $.25 par
(e) CUSIP Number: 03976210-9
Item 3 Person filing is a:
(a) [ ] Broker or Dealer
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company
(d) [ ] Investment Company
(e) [ ] Investment Adviser
(f) [X] Employee Benefit Plan, Pension Fund subject to ERISA or
Endowment Fund
(g) [ ] Parent Holding Company
(h) [ ] Group
Page 3 of 5 Pages
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Item 4 Ownership:
(a) Amount Beneficially Owned: 214,147
(b) Percent of Class: 19.3%
(c) Number of shares as to which such person has
(i) sole power to vote or direct the vote: 214,147
(ii) shared power to vote or direct the vote: -0-
(iii) sole power to dispose or direct the disposition of: 214,147
(iv) shared power to dispose or direct the disposition of: -0-
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: All
securities subject to this report are held by City National Bank as
Trustee of the reporting person which is the employee benefit plan. No
other entity can control the receipt of dividends or proceeds of these
securities.
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: Not
Applicable.
Item 9 Notice of Dissolution of Group: Not Applicable.
Item 10 Certification:
By signing below, I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or influencing
the control of the issuer of such securities and were not
acquired in connection with or as a participant in any
transaction having such purposes or effect.
Page 4 of 5 pages
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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.
Date: February 6 , 1997
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Stock Bonus Plan of Arden Group, Inc.
By: City National Bank, Trustee
By: /s/Gerald Clebanoff
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Gerald Clebanoff
Senior Vice President
Page 5 of 5 pages
