SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
DONNKENNY, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01
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(Title of Class of Securities)
258006204
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(CUSIP Number)
DANIEL H. LEVY HARRY A. KATZ
1411 BROADWAY OLD STONE HIGHWAY
NEW YORK, NY 10018 AMAGANSETT, NY 11930
WITH A COPY TO
DENNIS J. BLOCK
CADWALADER, WICKERSHAM & TAFT
100 MAIDEN LANE
NEW YORK, NY 10038
(212) 504-5555
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
NOVEMBER 1, 2000
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the
following box [ ].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
*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
disclosures provided in a prior cover page.
The information required on 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 (however, see the
Notes).
CUSIP NO. 258006204
<PAGE>
SCHEDULE 13D
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CUSIP NO. 258006204 PAGE 2 OF 8 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Daniel H. Levy
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)(A) [ ]
(B) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
[PF]
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
376,819
NUMBER OF
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SHARES 8 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 376,819
PERSON
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WITH 10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
376,819
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.3%
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14 TYPE OF REPORTING PERSON (See Instructions)
IN
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<PAGE>
SCHEDULE 13D
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CUSIP NO. 258006204 PAGE 3 OF 8 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harry A. Katz
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)(A) [ ]
(B) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
[PF]
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
298,069
NUMBER OF
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SHARES 8 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 298,069
PERSON
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WITH 10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
298,069
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
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14 TYPE OF REPORTING PERSON (See Instructions)
IN
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<PAGE>
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PAGE 4 OF 8 PAGES
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ITEM 1. SECURITY AND ISSUER
This statement relates to shares of common stock, $.01 par value per
share (the "Common Stock"), Donnkenny, Inc. (the "Corporation"). The
Corporation's principal executive office is located at 1411 Broadway, New York,
NY 10018.
ITEM 2. IDENTITY AND BACKGROUND.
(a) This statement is being filed by Daniel H. Levy ("Levy") and
Harry A. Katz ("Katz") (each, a "Reporting Person" and collectively the
"Reporting Persons").
(b) The business address of each Reporting Person is:
Daniel H. Levy
1411 Broadway
New York, NY 10018
Harry A. Katz
Old Stone Highway
Amagansett, NY 11930
(c) The principal occupation of Levy is Chairman and CEO of the
Corporation. The principal occupation of Katz is managing partner of Retail
Resources, L.P., president of 7925 West 2nd Corp. and president of Bryhar
Corporation.
(d) During the past five years, neither Reporting Person has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the past five years, neither Reporting Person has been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction, as a result of which he was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation
with respect to such laws.
(f) Each Reporting Person is a citizen of the United States.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Each Reporting Person will use $147,159.50 of his personal funds to
purchase 294,319 shares of Common Stock from Amber Arbitrage LDC.
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PAGE 5 OF 8 PAGES
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ITEM 4. PURPOSE OF TRANSACTION.
Each Reporting Person has acquired beneficial ownership in the
shares of Common Stock for investment purposes. Neither Reporting Person has any
present plan or proposal as a stockholder which relates to, or would result in
any action with respect to, the matters listed in paragraphs (b) through (j) of
Item 4 of Schedule 13D. In the future, either Reporting Person may decide to
purchase additional shares of Common Stock in the open market or a private
transaction, or to sell any or all of his shares of Common Stock.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) According to the Corporation's Quarterly Report on Form 10-Q for
the quarter ended June 30, 2000, as of August 9, 2000, the Corporation had
issued and outstanding 3,617,417 shares of Common Stock.
Levy is the beneficial owner of 376,819 shares of Common Stock or
10.3% of the outstanding Common Stock, consisting of 333,069 shares of Common
Stock owned directly, 31,250 shares of Common Stock which Levy has a right to
acquire pursuant to presently exercisable stock options and 12,500 shares of
Common Stock which Levy has a right to acquire pursuant to stock options which
will become exercisable within the next 60 days.
Katz is the beneficial owner of 298,069 shares of Common Stock or
8.2% of the outstanding Common Stock, consisting of 294,319 shares of Common
Stock owned directly and 3,750 shares of Common Stock which Katz has a right to
acquire pursuant to presently exercisable stock options.
(b) Levy has the sole power to vote, or to direct the vote of,
376,819 shares of Common Stock, and shared power to vote, or to direct the vote
of, 0 shares of Common Stock; and sole power to dispose of, or to direct the
disposition of, 376,819 shares of Common Stock and shared power to dispose of,
or to direct the disposition of, 0 shares of Common Stock. Katz has the sole
power to vote, or to direct the vote of, 298,069 shares of Common Stock, and
shared power to vote, or to direct the vote of, 0 shares of Common Stock; and
sole power to dispose of, or to direct the disposition of, 298,069 shares of
Common Stock and shared power to dispose of, or to direct the disposition of, 0
shares of Common Stock.
(c) On November 1, 2000, Levy and Katz each purchased 294,319 shares
of Common Stock of the Corporation from Amber Arbitrage LDC at a purchase price
of fifty cents ($0.50) per share.
(d) Not applicable.
(e) Not applicable.
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PAGE 6 OF 8 PAGES
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
To the best knowledge of each Reporting Person, there are no
contracts, arrangements, understandings or relationships (legal or otherwise)
between such Reporting Person and any other persons with respect to any
securities of the Issuer, including but not limited to transfer or voting of any
such securities, finder's fees, joint ventures, loan or option arrangements,
puts or calls, guarantees of profits, division of profits or loss, or the giving
or withholding of proxies, or a pledge or contingency the occurrence of which
would give another person voting power over the securities of the Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit A - Joint Filing Agreement (filed herewith).
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PAGE 7 OF 8 PAGES
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SIGNATURE.
After reasonable inquiry and to the best of each Reporting Person's
knowledge and belief, each Reporting Person certifies that the information set
forth in this statement is true, complete and correct.
Date: November 6, 2000
/s/ Daniel H. Levy
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Daniel H. Levy
/s/ Harry A. Katz
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Harry A. Katz
