JACLYN INC
SC 13G/A, 2000-02-07
LEATHER & LEATHER PRODUCTS
Previous: RAYONIER INC, 5, 2000-02-07
Next: JORGENSEN EARLE M CO /DE/, 10-Q, 2000-02-07





                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                 SCHEDULE 13G/A

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                               (AMENDMENT NO. 21)*



                                  Jaclyn, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                     Common Stock, $1.00 par value per share
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                   469772 10 7
                       ----------------------------------
                                 (CUSIP Number)



     Check the  following  box if a fee is being paid with the  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 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).

     *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 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 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).


<PAGE>


- --------------------------------------------------------------------------------

CUSIP NO.    469772 10 7                 13G            PAGE  2   OF  3   PAGES
                                                            ------  ------
- --------------------------------------------------------------------------------


    1       NAME OF REPORTING PERSON
            S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

            Bonnie Sue Levy
- --------------------------------------------------------------------------------

    2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                               (a)  [  ]
                                                               (b)  [  ]
- --------------------------------------------------------------------------------


    3       SEC USE ONLY


- --------------------------------------------------------------------------------


    4       CITIZENSHIP OR PLACE OF ORGANIZATION

            UNITED STATES
- --------------------------------------------------------------------------------
      NUMBER OF
        SHARES             5      SOLE VOTING POWER
     BENEFICIALLY
       OWNED BY                            0
         EACH             ------------------------------------------------------
      REPORTING
        PERSON             6      SHARED VOTING POWER
         WITH
                                           0
                          ------------------------------------------------------

                           7      SOLE DISPOSITIVE POWER

                                           224,834
                          ------------------------------------------------------

                           8      SHARED DISPOSITIVE POWER

                                           0
- --------------------------------------------------------------------------------

    9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

            224,834

- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
           [  ]


- --------------------------------------------------------------------------------

11          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

            8.2%
- --------------------------------------------------------------------------------

12          TYPE OF REPORTING PERSON*

            IN
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>



- --------------------------------------------------------------------------------

CUSIP NO.    469772 10 7                 13G            PAGE  3   OF  3   PAGES
                                                            ------  ------
- --------------------------------------------------------------------------------


            Except as to Item 4, no change has  occurred  with  respect to
   the  answer to any items of this  Schedule  from the  information  last
   reported in respect of such item.

   ITEM 4.  OWNERSHIP.  As of December 31, 1999:

            (a)      Amount beneficially owned:

                     224,834 shares of Common Stock.  This amount includes
                     6,030 shares  allocated to Mrs.  Levy's account under
                     the Jaclyn,  Inc.  Employee Stock  Ownership Plan and
                     15,000 shares which Mrs. Levy may acquire pursuant to
                     presently exercisable stock options.


            (b)      Percent of Class:8.2%

                     (c) Number of shares as to which such person has:

                         (i)   sole power to vote or direct the vote: none

                         (ii)  shared power to vote or direct the vote: none

                         (iii) sole power to dispose or direct the disposition
                               of: 224,834

                         (iv)  shared power to dispose or direct the disposition
                               of: none


                                    SIGNATURE

                  After  reasonable  inquiry and to the best of my knowledge and
         belief,  I certify that the  information set forth in this statement is
         true, complete and correct.


                                                    February 4, 2000
                                             -----------------------------------
                                                           Date

                                                  /s/ Bonnie Sue Levy
                                            -----------------------------------
                                                         Signature


                                                     Bonnie Sue Levy
                                            -----------------------------------
                                                        Name/Title


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission