FORM 4 OMB APPROVAL
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
Hollandsworth, Ronald
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(Last) (First) (Middle)
635 Industry Road
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(Street)
Wytheville Virginia 24382
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(City) (State) (Zip)
_______________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Donnkenny, Inc. (DNKY)
_______________________________________________________________________________
3. IRS or Social Security Number of Reporting Person (Voluntary)
_______________________________________________________________________________
4. Statement for Month/Year
April 1996
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5. If Amendment, Date of Original (Month/Year)
_______________________________________________________________________________
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] 10% Owner
[ ] Director
[X] Officer (give title below)
[ ] Other (specify below)
Corporate Controller
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_______________________________________________________________________________
Page 1
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
TABLE I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------
1. 2. 3. 4. 5. 6. 7.
- --------------------- -------- ---------- ------------------------------ ----------- ---------- ----------
Amount of Owner-
Securities ship
Trans- Trans- Securities Acquired (A) Beneficially Form:
action action or Disposed of (D) Owned at Direct Nature of
Date Code (Instr. 3, 4 and 5) End of (D) or Indirect
Title of (Month/ (Instr. 8) ---------------------------- Month Indirect Beneficial
Security Day/ ---------- Amount (A) or Price (Instr. (I) Ownership
(Instr. 3) Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4)
- --------------------- -------- ---- ---- ----------- ------ --------- ----------- ---------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, $.01
par value per share 4/19/96 A 9,000(1) A (1) 9,000(2) D
</TABLE>
Explanation of Responses:
(1) Restricted stock granted pursuant to the Company's 1996 Restricted Stock
Plan (the "Restricted Stock Plan"). 6,000 shares vest on April 19, 1998
and 3,000 shares vest on April 19, 1999, provided Mr. Hollandsworth is
still an employee of the Company at the time of vesting.
(2) Consists of 9,000 shares of restricted stock granted pursuant to the
Restricted Stock Plan.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Print or Type Responses)
Page 2
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
TABLE II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
- ------------------------------------------------------------------------------------------------------------------------------
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
- ---------- -------- -------- -------- ---------- ------------ -------------- ------ ---------- --------- --------
Title and Ownership
Number of Date Exer- Amount of Form of
Derivative cisable and Underlying Number of Deriv-
Securities Expiration Securities Price Derivative ative
Conver- Trans- Acquired (A) Date (Month/ (Instr. 3 of Securities Security:
sion or Trans- action or Disposed Day/Year) and 4) Deriv- Benefi- Direct
Exercise action Code of (D) -------------- -------------- ative cially (D) or Nature of
Title of Price of Date (Instr. (Instr. 3, Date Amount Secur- Owned at Indirect Indirect
Derivative Deriv- (Month/ 8) 4 and 5) Exer- Expir- or Num- ity End of (I) Beneficial
Security ative Day/ -------- ---------- cis- ation ber of (Instr. Month (Instr. Ownership
(Instr. 3) Security Year) Code V (A) (D) able Date Title Shares 5) (Instr. 4) 4) (Instr. 4)
- ---------- -------- -------- ---- --- ---- ---- ------- ----- ----- ------ ------ ---------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Options to
purchase
common 7/13/ Common 18,000(5) N/A 18,000(4)(5) D
stock $6.6875(3) 7/13/93 (4) (4) (4) 2003 Stock
Options to
purchase
common 2/3/ Common 20,000(5) N/A 20,000(5)(6) D
stock $9.9375(3) 2/3/94 (6) (6) (6) 2004 Stock
Options to
purchase
common 4/19/ Common 10,000(5) N/A 10,000(5)(7) D
stock $8.3125(3) 4/19/95 (7) (7) (7) 2005 Stock
Options to
purchase
common 4/19/ Common 5,000 N/A 5,000(8) D
stock $18.0625 4/19/96 A 5,000 (8) 2006 Stock
</TABLE>
Explanation of Responses:
(3) Exercise price reflects the two-for-one stock split effected in December
1995.
(4) Previously reported. Granted pursuant to the Company's 1992 Stock Option
Plan (the "Plan"). Of the stock options remaining, options to purchase
6,000 shares of Common Stock are exercisable on each of July 13, 1996,
July 13, 1997 and July 13, 1998.
(5) Share amounts reflect the two-for-one stock split effected in December
1995.
(6) Previously reported. Granted pursuant to the Plan. Options to purchase
8,000 shares of Common Stock are exercisable commencing February 3, 1996
and an additional 4,000 shares of Common Stock are exercisable in each of
the succeeding years on February 3, 1997, February 3, 1998 and February
3, 1999.
(7) Previously reported. Granted pursuant to the Plan. Options to purchase
4,000 shares of Common Stock are exercisable commencing April 19, 1997
and an additional 2,000 shares of Common Stock are exercisable in each of
the succeeding years on April 19, 1998, April 19, 1999 and April 19,
2000.
(8) Granted pursuant to the Plan. Options to purchase 2,000 shares of Common
Stock are exercisable commencing April 19, 1998 and an additional 1,000
shares of Common Stock are exercisable in each of the succeeding years on
April 19, 1999, April 19, 2000 and April 19, 2001.
/s/ Ronald Hollandsworth 5/10/96
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** Signature of Reporting Person Date
** 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 provided is insufficient, see Instruction 6 for procedure.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Print or Type Responses)
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