UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
FAB INDUSTRIES, INC.
(Name of Issuer)
Common Stock, par value $0.20 per share
(Title of Class of Securities)
302747 10 0
(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 ofthe 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 withrespect to the
subject class of securities, and for any subsequent amendment
containing information whichwould alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for thepurpose of Section 18 of
the Securities Exchange Act of 1934 ("Act") or otherwise subject
to the liabilitiesof that section of the Act but shall be subject
to all other provisions of the Act (however, see the Notes).
1. Name Of Reporting Person
Samson Bitensky
S.S. or I.R.S. Identification No. Of Above Person
###-##-####
2. Check The Appropriate Box If A Member Of A Group*
N/A
3. SEC Use Only
4. Citizenship Or Place Of Organization
United States of America
Number of Shares Beneficially Owned by Each Reporting Person With
5. Sole Voting Power
1,419,759
6. Shared Voting Power
54,000
7. Sole Dispositive Power
1,419,759
8. Shared Dispositive Power
54,000
9. Aggregate Amount Beneficially Owned By Each Reporting Person
1,483,759
10. Check If The Aggregate Amount In Row 9 Excludes Certain
Shares*____
11. Percent Of Class Represented By Amount In Row 9
24.7%
12. Type Of Reporting Person*
IN
SCHEDULE 13G
Item 1(a). Name of Issuer:
Fab Industries, Inc.
Item 1(b). Address of Issuer's Principal Executive
Office:
200 Madison Avenue
New York, New York 10016
Item 2(a). Name of Person Filing:
Samson Bitensky
Item 2(b). Address of Principal Business Office:
Fab Industries, Inc.
200 Madison Avenue
New York, New York 10016
Item 2(c). Citizenship:
United States of America
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.20 per share
Item 2(e). CUSIP Number:
302747 10 0
Item 3. Not Applicable
Item 4. Ownership:
(a) Amount Beneficially Owned: 1,483,759
(b) Percent of Class: 24.7%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: 1,419,759
(ii) shared power to vote or to direct the
vote: 54,000
(iii) sole power to dispose or to direct the
disposition of: 1,419,759
(iv) shared power to dispose or to direct the
disposition of: 54,000
Item 5. Ownership of Five Percent or Less of a Class:
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf
of Another Person:
The 54,000 shares as to which the
reporting person has shared voting and dispositive power are
owned by the Halina and Samson Bitensky Foundation, Inc., a
private foundation for which the reporting person serves as
president.
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:
Not Applicable
Signature
After reasonable inquiry and to the best of
my knowledge and belief, Icertify that the information in this
statement is true, complete and correct.
February 13, 1995
(Date)
/s/ Samson Bitensky
(Signature)
Samson Bitensky
(Name)
