<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)
PremiumWear, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
740909106
---------------------------
(CUSIP Number)
Francisco A. Lorenzo
333 Clay Street
Suite 4040
Houston, Texas 77002
(713) 658-9594
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
July 28, 1997
-------------------------------------------------------
(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 this statement [ ].
<PAGE>
SCHEDULE 13D
CUSIP No. 740909106 PAGE 2 OF 18 PAGES
- ------------------- ------------------
- -------------------------------------------------------------------------------
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Francisco A. Lorenzo
(Intentionally Omitted)
- -------------------------------------------------------------------------------
2) Check the Appropriate Box if (a) [ ]
a Member of a Group (b) [ ]
- --------------------------------------------------------------------------------
3) SEC Use Only
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4) Source of Funds
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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 United States
- --------------------------------------------------------------------------------
7) Sole Voting
Power
--------------------------------------------------
Number of Shares 8) Shared Voting
Beneficially Owned Power 178,800 shares
By Each Reporting --------------------------------------------------
Person With 9) Sole Dispositive
Power
--------------------------------------------------
10) Shared Dispositive
Power 178,800 shares
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned
By Each Reporting Person 178,800 shares
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13) Percent of Class Represented
By Amount in Row (11) 7.6%
- --------------------------------------------------------------------------------
14) Type of Reporting Person IN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
CUSIP No. 740909106 PAGE 3 OF 18 PAGES
- ------------------- ------------------
- -------------------------------------------------------------------------------
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Savoy Partners, Inc.
(Intentionally Omitted)
- -------------------------------------------------------------------------------
2) Check the Appropriate Box if (a) [ ]
a Member of a Group (b) [ ]
- --------------------------------------------------------------------------------
3) SEC Use Only
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4) Source of Funds WC
- --------------------------------------------------------------------------------
5) Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
7) Sole Voting
Power
--------------------------------------------------
Number of Shares 8) Shared Voting
Beneficially Owned Power 68,600 shares
By Each Reporting --------------------------------------------------
Person With 9) Sole Dispositive
Power
--------------------------------------------------
10) Shared Dispositive
Power 68,600 shares
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned
By Each Reporting Person 68,600 shares
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13) Percent of Class Represented
By Amount in Row (11) 2.9%
- --------------------------------------------------------------------------------
14) Type of Reporting Person CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
CUSIP No. 740909106 PAGE 4 OF 18 PAGES
- ------------------- ------------------
- -------------------------------------------------------------------------------
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lorenzo Family Foundation
(Intentionally Omitted)
- -------------------------------------------------------------------------------
2) Check the Appropriate Box if (a) [ ]
a Member of a Group (b) [ ]
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3) SEC Use Only
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4) Source of Funds OO
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5) Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization United States
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7) Sole Voting
Power
--------------------------------------------------
Number of Shares 8) Shared Voting
Beneficially Owned Power 90,200 shares
By Each Reporting --------------------------------------------------
Person With 9) Sole Dispositive
Power
--------------------------------------------------
10) Shared Dispositive
Power 90,200 shares
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned
By Each Reporting Person 90,200 shares
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13) Percent of Class Represented
By Amount in Row (11) 3.8%
- --------------------------------------------------------------------------------
14) Type of Reporting Person OO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
CUSIP No. 740909106 PAGE 5 OF 18 PAGES
- ------------------- ------------------
- -------------------------------------------------------------------------------
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Trust for Benefit of Nicole Patricia Lorenzo - 1992 Trust
(Intentionally Omitted)
- -------------------------------------------------------------------------------
2) Check the Appropriate Box if (a) [ ]
a Member of a Group (b) [ ]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds OO
- --------------------------------------------------------------------------------
5) Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7) Sole Voting
Power
--------------------------------------------------
Number of Shares 8) Shared Voting
Beneficially Owned Power 5,000 shares
By Each Reporting --------------------------------------------------
Person With 9) Sole Dispositive
Power
--------------------------------------------------
10) Shared Dispositive
Power 5,000 shares
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned
By Each Reporting Person 5,000 shares
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13) Percent of Class Represented
By Amount in Row (11) 0.2%
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14) Type of Reporting Person OO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
CUSIP No. 740909106 PAGE 6 OF 18 PAGES
- ------------------- ------------------
- -------------------------------------------------------------------------------
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Mercedes Ana Lorenzo Trust
(Intentionally Omitted)
- -------------------------------------------------------------------------------
2) Check the Appropriate Box if (a) [ ]
a Member of a Group (b) [ ]
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3) SEC Use Only
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4) Source of Funds OO
- --------------------------------------------------------------------------------
5) Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7) Sole Voting
Power
--------------------------------------------------
Number of Shares 8) Shared Voting
Beneficially Owned Power 5,000 shares
By Each Reporting --------------------------------------------------
Person With 9) Sole Dispositive
Power
--------------------------------------------------
10) Shared Dispositive
Power 5,000 shares
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned
By Each Reporting Person 5,000 shares
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13) Percent of Class Represented
By Amount in Row (11) 0.2%
- --------------------------------------------------------------------------------
14) Type of Reporting Person OO
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<PAGE>
SCHEDULE 13D
CUSIP No. 740909106 PAGE 7 OF 18 PAGES
- ------------------- ------------------
- -------------------------------------------------------------------------------
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Carolina Grace Lorenzo Trust
(Intentionally Omitted)
- -------------------------------------------------------------------------------
2) Check the Appropriate Box if (a) [ ]
a Member of a Group (b) [ ]
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3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds OO
- --------------------------------------------------------------------------------
5) Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7) Sole Voting
Power
--------------------------------------------------
Number of Shares 8) Shared Voting
Beneficially Owned Power 5,000 shares
By Each Reporting --------------------------------------------------
Person With 9) Sole Dispositive
Power
--------------------------------------------------
10) Shared Dispositive
Power 5,000 shares
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned
By Each Reporting Person 5,000 shares
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13) Percent of Class Represented
By Amount in Row (11) 0.2%
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14) Type of Reporting Person OO
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<PAGE>
SCHEDULE 13D
CUSIP No. 740909106 PAGE 8 OF 18 PAGES
- ------------------- ------------------
- -------------------------------------------------------------------------------
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Francisco A. Lorenzo, As Custodian for Timon Francis Lorenzo
(Intentionally Omitted)
- -------------------------------------------------------------------------------
2) Check the Appropriate Box if (a) [ ]
a Member of a Group (b) [ ]
- --------------------------------------------------------------------------------
3) SEC Use Only
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4) Source of Funds OO
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5) Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7) Sole Voting
Power
--------------------------------------------------
Number of Shares 8) Shared Voting
Beneficially Owned Power 5,000 shares
By Each Reporting --------------------------------------------------
Person With 9) Sole Dispositive
Power
--------------------------------------------------
10) Shared Dispositive
Power 5,000 shares
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned
By Each Reporting Person 5,000 shares
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13) Percent of Class Represented
By Amount in Row (11) 0.2%
- --------------------------------------------------------------------------------
14) Type of Reporting Person IN
- --------------------------------------------------------------------------------
<PAGE>
PAGE 9 OF 18 PAGES
------------------
This Amendment No. 4 amends the Schedule 13D filed on January 15, 1996 (the
"Schedule 13D"), as amended, on behalf of Francisco A. Lorenzo, Savoy Partners,
Inc., Jet Capital Corporation, Trust for Benefit of Nicole Patricia Lorenzo -
1992 Trust, Francisco A. Lorenzo, As Custodian for Mercedes Ana Lorenzo,
Francisco A. Lorenzo, As Custodian for Carolina Grace Lorenzo and Francisco A.
Lorenzo, As Custodian for Timon Francis Lorenzo, with respect to the Common
Stock, par value $0.01 per share, of PremiumWear, Inc. (formerly known as
Munsingwear, Inc.). Savoy Partners, Inc. and Jet Capital Corporation
transferred a portion of their shares of the Issuer's Common Stock to the
Lorenzo Family Foundation. Francisco A. Lorenzo, As Custodian for Mercedes Ana
Lorenzo transferred its shares of the Issuer's Common Stock to the Mercedes Ana
Lorenzo Trust. Francisco A. Lorenzo, As Custodian for Carolina Grace Lorenzo
transferred its shares of the Issuer's Common Stock to the Carolina Grace
Lorenzo Trust. Items not included in this Amendment are either not amended or
not applicable. All capitalized terms used herein and not otherwise defined
herein have the meaning ascribed to such terms in the Schedule 13D.
ITEM 2. IDENTITY AND BACKGROUND
The Response to Item 2 is hereby amended by deleting the 1st and 3rd
paragraphs and inserting the following in lieu thereof.
This amendment is being filed by: Francisco A. Lorenzo; Savoy Partners,
Inc.; Jet Capital Corporation; Lorenzo Family Foundation; Trust for Benefit of
Nicole Patricia Lorenzo - 1992 Trust; Mercedes Ana Lorenzo Trust; Carolina Grace
Lorenzo Trust; and Francisco A. Lorenzo, As Custodian for Timon Francis Lorenzo
(collectively the "Reporting Persons").
Annexed hereto and incorporated herein by reference are Schedule A, which
sets forth the addresses and citizenship or state of incorporation of each of
the Reporting Persons, and Schedule B, which sets forth certain information
required by Item 2 of Schedule 13D with respect to the directors and officers of
Savoy Partners, Inc. and Jet Capital Corporation and with respect to the
trustees of the Lorenzo Family Foundation, the Trust for Benefit of Nicole
Patricia Lorenzo - 1992 Trust, the Mercedes Ana Lorenzo Trust and the Carolina
Grace Lorenzo Trust.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
The Response to Item 5(a) and (b) is hereby amended by deleting the entire
text thereof and inserting the following in lieu thereof.
(a) and (b) The aggregate number of shares and percentage of the
outstanding shares of Common Stock (based on the number of shares reported by
the Issuer to be outstanding at July 25, 1997) owned by each of the Reporting
Persons is as follows:
<PAGE>
PAGE 10 OF 18 PAGES
--------------------
<TABLE>
<CAPTION>
<S> <C> <C>
Name Number of Shares Percentage
- ---- ---------------- ----------
Savoy Partners, Inc. 68,600 shares (1) 2.9% (1)
Lorenzo Family Foundation 90,200 shares (1) 3.8% (1)
Trust for Benefit of Nicole
Patricia Lorenzo - 1992 Trust 5,000 shares (1) 0.2% (1)
Mercedes Ana Lorenzo Trust 5,000 shares (1) 0.2% (1)
Carolina Grace Lorenzo Trust 5,000 shares (1) 0.2% (1)
Francisco A. Lorenzo, As Custodian
for Timon Francis Lorenzo 5,000 shares 0.2%
</TABLE>
(1) Francisco A. Lorenzo shares voting and dispositive power with respect to
the shares of Common Stock owned by Savoy Partners, Inc., the Lorenzo
Family Foundation, the Trust for Benefit of Nicole Patricia Lorenzo - 1992
Trust, the Mercedes Ana Lorenzo Trust and the Carolina Grace Lorenzo Trust.
Accordingly, Mr. Lorenzo may be deemed to be the beneficial owner of all of
the 168,600 shares owned by the Reporting Persons, representing 7.6% of the
outstanding shares of Common Stock. Schedule B annexed hereto and
incorporated herein by reference sets forth certain information as to the
person with whom Mr. Lorenzo shares voting or dispositive power with
respect to the shares of Common Stock owned by the Lorenzo Family
Foundation, the Trust for Benefit of Nicole Patricia Lorenzo - 1992 Trust,
the Mercedes Ana Lorenzo Trust and the Carolina Grace Lorenzo Trust.
Except as set forth above, neither any Reporting Person nor (to the
knowledge of the Reporting Persons) any person referred to on Schedule B
beneficially owns any shares of Common Stock.
<PAGE>
PAGE 11 OF 18 PAGES
-------------------
(c) The Response to Item 5(c) is hereby amended by adding the following
thereto.
Certain information concerning the transactions in the Common Stock
effected since May 28, 1997 (60 days prior to July 28, 1997) by the Reporting
Persons is as follows:
<TABLE>
<CAPTION>
Number Purchase Price
Name Date of Shares or Sale per Share
- ---------------------- -------- --------- -------- ---------
<S> <C> <C> <C> <C>
Savoy Partners, Inc. 07/28/97 41,000 Sale 4.875
Jet Capital Corp. 07/28/97 5,000 Sale 5.125
Savoy Partners, Inc. 07/30/97 6,500 Sale 5.063
Savoy Partners, Inc. 07/31/97 12,100 Sale 4.932
</TABLE>
All of such transactions were effected on the New York Stock Exchange.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit Number Title
-------------- -----
2 2nd Joint Filing Agreement
<PAGE>
PAGE 12 OF 18 PAGES
-------------------
SIGNATURES
After reasonable inquiry and to the best knowledge of each person or entity
set forth below, each such person or entity certifies that the information set
forth in this Statement is true, complete, and correct.
Dated: August 1, 1997
/s/ FRANCISCO A. LORENZO
____________________________
Francisco A. Lorenzo
SAVOY PARTNERS, INC.
/s/ FRANCISCO A. LORENZO
By__________________________
Francisco A. Lorenzo
President
JET CAPITAL CORPORATION
/s/ FRANCISCO A. LORENZO
By__________________________
Francisco A. Lorenzo
President
LORENZO FAMILY FOUNDATION
/s/ FRANCISCO A. LORENZO
By__________________________
Francisco A. Lorenzo
Trustee
<PAGE>
PAGE 13 OF 18 PAGES
-------------------
TRUST FOR BENEFIT OF NICOLE
PATRICIA LORENZO - 1992 TRUST
/s/ FRANCISCO A. LORENZO
By__________________________
Francisco A. Lorenzo
Trustee
MERCEDES ANA LORENZO TRUST
/s/ FRANCISCO A. LORENZO
By__________________________
Francisco A. Lorenzo
Trustee
CAROLINA GRACE LORENZO TRUST
/s/ FRANCISCO A. LORENZO
By__________________________
Francisco A. Lorenzo
Trustee
FRANCISCO A. LORENZO, AS CUSTODIAN
FOR TIMON FRANCIS LORENZO
/s/ FRANCISCO A. LORENZO
By__________________________
Francisco A. Lorenzo
<PAGE>
PAGE 14 OF 18 PAGES
-------------------
Schedule A is hereby amended by deleting the entire text thereof and inserting
the following in lieu thereof:
SCHEDULE A
Certain Information
Regarding Reporting Persons
---------------------------
Citizenship or
Name and Address State of Incorporation
- ---------------- ----------------------
Francisco A. Lorenzo United States
333 Clay Street, Suite 4040
Houston, Texas 77002
Savoy Partners, Inc. Delaware
333 Clay Street, Suite 4040
Houston, Texas 77002
Jet Capital Corporation Delaware
333 Clay Street, Suite 4040
Houston, Texas 77002
Lorenzo Family Foundation United States
c/o Savoy Capital, Inc.
333 Clay Street, Suite 4040
Houston, Texas 77002
Trust for Benefit of Nicole Patricia Lorenzo - 1992 Trust United States
c/o Savoy Capital, Inc.
333 Clay Street, Suite 4040
Houston, Texas 77002
Mercedes Ana Lorenzo Trust United States
c/o Savoy Capital, Inc.
333 Clay Street, Suite 4040
Houston, Texas 77002
Carolina Grace Lorenzo Trust United States
c/o Savoy Capital, Inc.
333 Clay Street, Suite 4040
Houston, Texas 77002
<PAGE>
PAGE 15 OF 18 PAGES
-------------------
Francisco A. Lorenzo, As Custodian United States
for Timon Francis Lorenzo
c/o Savoy Capital, Inc.
333 Clay Street, Suite 4040
Houston, Texas 77002
<PAGE>
PAGE 16 OF 18 PAGES
-------------------
Schedule B is hereby amended by deleting the entire text thereof and inserting
the following in lieu thereof:
SCHEDULE B
Certain Information Regarding:
------------------------------
A. Directors and Officers of Savoy Partners, Inc. and Jet Capital Corporation
Philip L. Vest is Vice President and director of each of Savoy Partners,
Inc. and Jet Capital Corporation. Mr. Vest, whose principal occupation is
Managing Director of Savoy Capital, Inc., is a U.S. citizen, and his address is
333 Clay Street, Suite 4040, Houston, Texas 77002.
William E. Johnson is a director of Savoy Partners, Inc. Mr. Johnson,
whose principal occupation is private investor, is a U.S. citizen, and his
address is P.O. Box 1285, Aspen Colorado 81611.
Mildred Jones is Secretary and Treasurer of each of Savoy Partners, Inc.
and Jet Capital Corporation. Ms. Jones, whose principal occupation is Vice
President of Savoy Capital, Inc., is a U.S. citizen, and her address is 333 Clay
Street, Suite 4040, Houston, Texas 77002.
Francisco A. Lorenzo is President and Managing Partner of Savoy Partners,
Inc., and is President of Jet Capital Corporation.
B. Trustees of the Lorenzo Family Foundation, the Trust for Benefit of Nicole
Patricia Lorenzo - 1992 Trust, the Mercedes Ana Lorenzo Trust and the
Carolina Grace Lorenzo Trust
Francisco A. Lorenzo and his wife, Sharon N. Lorenzo, are co-trustees of
the Lorenzo Family Foundation, the Trust for Benefit of Nicole Patricia Lorenzo
- - 1992 Trust, the Mercedes Ana Lorenzo Trust and the Carolina Grace Lorenzo
Trust.
<PAGE>
PAGE 17 OF 18 PAGES
-------------------
EXHIBIT 2
2ND JOINT FILING AGREEMENT
Each of the undersigned hereby agrees that the Schedule 13D, to which this
Agreement is attached as Exhibit 2, and all amendments thereto, may be filed on
behalf of each such person.
Dated: July 31, 1997
By /s/ Francisco A. Lorenzo
------------------------
Francisco A. Lorenzo
SAVOY PARTNERS, INC.
By /s/ Francisco A. Lorenzo
------------------------
Francisco A. Lorenzo
President
JET CAPITAL CORPORATION
By /s/ Francisco A. Lorenzo
------------------------
Francisco A. Lorenzo
President
LORENZO FAMILY FOUNDATION
By /s/ Francisco A. Lorenzo
------------------------
Francisco A. Lorenzo
Trustee
TRUST FOR BENEFIT OF
NICOLE PATRICIA LORENZO - 1992 TRUST
By /s/ Francisco A. Lorenzo
------------------------
Francisco A. Lorenzo
Trustee
<PAGE>
PAGE 18 OF 18 PAGES
-------------------
MERCEDES ANA LORENZO TRUST
By /s/ Francisco A. Lorenzo
------------------------
Francisco A. Lorenzo
Trustee
CAROLINA GRACE LORENZO TRUST
By /s/ Francisco A. Lorenzo
------------------------
Francisco A. Lorenzo
Trustee
FRANCISCO A. LORENZO, AS CUSTODIAN
FOR TIMON FRANCIS LORENZO
By /s/ Francisco A. Lorenzo
------------------------
Francisco A. Lorenzo
