UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
Hyde Athletic Industries, Inc.
(Name of Issuer)
Class A Common Stock, $.33 1/3 par value per share
(Title of Class of Securities)
448632109
(CUSIP Number)
Charles A. Gottesman, Hyde Athletic Industries, Inc.
13 Centennial Drive, Peabody, MA 01960 (508) 532-9000
(Name, Address and Telephone Number of Person Authorized
to Receive Notice and Communications)
July 20, 1995
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box: { }
Check the following box if a fee is being paid with the statement. { }. (A
fee is not required only if the reporting person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the 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.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rules 13d-1(a) 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).
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles A. Gottesman and Merrill F. Gottesman
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) {x}
(b) { }
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
00 (gift of securities)
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5 CHECK BOX 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 - U.S.A.
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7 SOLE VOTING POWER - 320,244
NUMBER OF -------------------------------------------------------
SHARES
BENEFICIALLY 8 SHARED VOTING POWER - 83,410
OWNED BY -------------------------------------------------------
EACH
REPORTING 9 SOLE DISPOSITIVE POWER - 320,244
PERSON -------------------------------------------------------
WITH
10 SHARED DISPOSITIVE POWER - 83,410
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
403,654
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* {x}
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) - 14.9%
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14 TYPE OF REPORTING PERSON* - IN
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This Schedule 13D amends a Schedule 13D filed by Mr. Charles A. Gottesman
on April 30, 1993.
ITEM 1. SECURITY AND ISSUER
This schedule relates to the Class A Common Stock, $.33-1/3 par value per
share (the "Common Stock"), of Hyde Athletic Industries, Inc., a Massachusetts
corporation (the "Company"), which has its principal executive offices located
at Centennial Industrial Park, 13 Centennial Drive, Peabody,
Massachusetts 01960.
ITEM 2. IDENTITY AND BACKGROUND
This statement is filed on behalf of Mr. Charles A. Gottesman and his wife,
Mrs. Merrill F. Gottesman. Mr. Gottesman is the Executive Vice President, Chief
Operating Officer and Treasurer of the Company, a manufacturer of athletic shoes
and outdoor recreational products, the address of which is set forth in Item 1.
Mrs. Gottesman has no business occupation or employment.
During the last five years, neither Mr. nor Mrs. Gottesman has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which he or she 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. Mr. and
Mrs. Gottesman are citizens of the United States.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
On July 20, 1995, Phyllis H. Fisher made bona fide gifts of an aggregate of
267,500 shares of Common Stock to Merrill F. Gottesman and trusts over which she
has voting and investment control. Merrill F. Gottesman is the daughter of
Phyllis H. Fisher. Mrs. Gottesman paid no consideration for the shares.
ITEM 4. PURPOSE OF TRANSACTION
Mrs. Fisher distributed shares of Common Stock in connection with her
personal estate planning.
The distribution of shares reported herein does not signify any change in
the management of the Company. Neither Mr. nor Mrs. Gottesman presently has
under consideration any plans or proposals with respect to the Company which
relate to or might result in (i) an extraordinary transaction, such as a merger,
reorganization or liquidation involving the Company, (ii) the sale or transfer
of a material amount of the Company's assets, (iii) any change in the Company's
present Board of Directors or management, (iv) any material change in the
present capitalization or dividend policy of the Company, (v) any other material
change in the Company's business or corporate structure, (vi) any changes in the
Company's charter or by-laws or other actions which, if control were to become
obtainable through the purchase of shares of Common Stock, may impede the
acquisition of control of the Company by any person, (vii) causing a class of
securities of the Company to cease to be authorized to be quoted in an
interdealer quotation system of a registered national securities association,
(viii) causing a class of equity securities of the Company to become eligible
for termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934, as amended, or (ix) any similar action.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Mr. and Mrs. Charles A. Gottesman beneficially own 403,654 shares of Common
Stock, which represents approximately 14.9% of the total outstanding shares of
Common Stock. Mr. Gottesman is the direct owner of 25,750 shares for which he
exercises sole investment and voting power. Mrs. Gottesman is the direct owner
of 214,833 shares of Common Stock for which she exercises sole investment and
voting power. Of the remaining 163,071 shares, 69,031 shares are held jointly
by Mr. and Mrs. Gottesman, for which Mr. and Mrs. Gottesman share voting and
investment power; 83,410 shares are held in trust for the benefit of Merrill F.
Gottesman for which Merrill F. Gottesman and her brother, John H. Fisher, are
trustees and share investment and voting power; 2,666 shares are held by Mr. and
Mrs. Gottesman's daughters for which Mr. and Mrs. Gottesman exercise shared
voting and investment power; and 7,964 shares are held in trust for the benefit
of Mr. and Mrs. Gottesman's daughters for which Merrill F. Gottesman is the
trustee and exercises sole investment and voting power. The number of shares
beneficially owned by Mr.and Mrs. Gottesman does not include 83,410 shares held
in trust for the benefit of John H. Fisher for which Merrill F. Gottesman and
John H. Fisher are trustees and share investment and voting power and as to
which Mr. and Mrs. Gottesman disclaim beneficial ownership.
Other than the gratuitous transfer of shares by Mrs. Fisher, as described
in Item 3, neither Mr. nor Mrs. Gottesman effected any transaction in the shares
of Common Stock in the past 60 days.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER
Not applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Not applicable.
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.
/s/ Charles A. Gottesman 2/15/96
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Charles A. Gottesman Date
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