SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Amendment No.10)
INFORMATION STATEMENT PURSUANT TO RULE 13d-1
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Fab Industries, Inc.
(Name of Issuer)
Common Stock, $.20 par value
(Title of Class of Securities)
302747 10 0
(CUSIP Number)
Check the following box if a fee is being paid with this statement. [ ]
Page 1 of 5 Pages
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SCHEDULE 13G
Page 2 of 5 Pages
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CUSIP No. 302747 10 0
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Samson Bitensky ###-##-####
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3) SEC USE ONLY
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4) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
1,379,779
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES 88,000
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 1,379,779
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH 88,000
-------------------------------------------------
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,467,779
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Item 4) [X]
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
25.5%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
IN
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SCHEDULE 13G
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ITEM 1(A). NAME OF ISSUER:
Fab Industries, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
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 OR, IF NONE, RESIDENCE:
The principal business office of Mr. Bitensky is c/o 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, $.20 par value
ITEM 2(E). CUSIP NUMBER:
302747 10 0
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
Not applicable
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned: 1,467,779 shares (excludes 89,996
shares owned by the reporting person's spouse for which the reporting person
disclaims beneficial ownership) (b) percent of class: 25.5% (c) Number of shares
as to which such person has: (i) Sole power to vote or to direct the vote
1,379,779 (ii) Shared power to vote or to direct the vote 88,000 (iii) Sole
power to dispose or to direct the disposition of 1,379,779 (iv) Shared power to
dispose or to direct the disposition of 88,000
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SCHEDULE 13G
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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 88,000 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
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SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: February 10, 1997
/s/ Samson Bitensky
--------------------
Name: Samson Bitensky
