FORM 4 OMB APPROVAL
[ ] Check this box if no longer subject OMB Number 3235-0287
to Section 16. Form 4 or Form 5 Expires: February 1, 1994
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Instruction 1(b). hours per response .... 0.5
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
Rubin Richard
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(Last) (First) (Middle)
c/o Donnkenny, Inc., 1411 Broadway
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(Street)
New York New York 10018
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Donnkenny, Inc. (DNKY)
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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
[X] Director
[X] Officer (give title below)
[ ] Other (specify below)
President and Chief Executive Officer
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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 75,000(1) A (1) 704,640(2)(3) D
</TABLE>
Explanation of Responses:
(1) Restricted stock granted pursuant to the Company's 1996 Restricted Stock
Plan (the "Restricted Stock Plan"). The shares vest on April 19, 1997
provided Mr. Rubin is still an employee of the Company.
(2) Share amounts reflect the two-for-one stock split effected in December
1995.
(3) Includes 75,000 shares of restricted stock granted pursuant to the
Restricted Stock Plan which vest on April 19, 1997.
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 4/19/ Common 50,000(2) N/A 50,000(2)(5) D
stock $8.3125(4) 4/19/95 (5) (5) 10/19/95 2005 Stock
Options to
purchase
common 4/19/ Common 25,000 N/A 25,000(6) D
stock $18.0625 4/19/96 A 25,000 10/19/96 2006 Stock
</TABLE>
Explanation of Responses:
(4) Exercise price reflects the two-for-one stock split effected in December
1995.
(5) Previously reported. Granted pursuant to the Company's 1992 Stock Option
Plan.
(6) Granted pursuant to the Company's 1992 Stock Option Plan.
/s/ Richard Rubin 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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