<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
(AMENDMENT NO. 5)
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)
August 20, 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 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Francisco A. Lorenzo
(Intentionally Omitted)
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- -------------------------------------------------------------------------------
SOURCE OF FUNDS
4
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) OR 2(e)
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
115,000 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
115,000 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
115,000 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
4.9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 740909106 PAGE 3 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Savoy Partners, Inc.
(Intentionally Omitted)
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- -------------------------------------------------------------------------------
SOURCE OF FUNDS
4
WC
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) OR 2(e)
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
9,400 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
9,400 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
9,400 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
CO
- ------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 740909106 PAGE 4 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lorenzo Family Foundation
(Intentionally Omitted)
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- -------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) OR 2(e)
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
90,200 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
90,200 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
90,200 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
3.8%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
- ------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 740909106 PAGE 5 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Trust for Benefit of Nicole Patricia Lorenzo - 1992 Trust
(Intentionally Omitted)
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- -------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) OR 2(e)
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,850 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,850 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,850 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
- ------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 740909106 PAGE 6 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mercedes Ana Lorenzo Trust
(Intentionally Omitted)
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- -------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) OR 2(e)
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,850 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,850 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,850 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
- ------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 740909106 PAGE 7 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carolina Grace Lorenzo Trust
(Intentionally Omitted)
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- -------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) OR 2(e)
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,850 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,850 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,850 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
- ------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 740909106 PAGE 8 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Francisco A. Lorenzo, As Custodian for Timon Francis Lorenzo
(Intentionally Omitted)
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- -------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) OR 2(e)
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,850 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,850 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,850 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
Page 9 of 12 Pages
This Amendment No. 5 amends the Schedule 13D filed on January 15, 1996 (the
"Schedule 13D"), as amended, on behalf of Francisco A. Lorenzo, Savoy Partners,
Inc., the Lorenzo Family Foundation, the 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, with respect
to the Common Stock, par value $0.01 per share, of PremiumWear, Inc. (formerly
known as Munsingwear, Inc.). 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 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:
<TABLE>
<CAPTION>
Name Number of Shares Percentage
- ------------------------------------ ----------------- -----------
<S> <C> <C>
Savoy Partners, Inc. 9,400 shares (1) 0.4% (1)
Lorenzo Family Foundation 90,200 shares (1) 3.8% (1)
Trust for Benefit of Nicole
Patricia Lorenzo - 1992 Trust 3,850 shares (1) 0.2% (1)
Mercedes Ana Lorenzo Trust 3,850 shares (1) 0.2% (1)
Carolina Grace Lorenzo Trust 3,850 shares (1) 0.2% (1)
Francisco A. Lorenzo, As Custodian
for Timon Francis Lorenzo 3,850 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 115,000 shares owned by the Reporting Persons, representing 4.9% of the
outstanding shares of Common Stock. Schedule B 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 10 of 12 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 June 20, 1997 (60 days prior to August 20, 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. 7/28/97 41,000 Sale 4.875
Jet Capital Corp. 7/28/97 5,000 Sale 5.125
Savoy Partners, Inc. 7/30/97 6,500 Sale 5.063
Savoy Partners, Inc. 7/31/97 12,100 Sale 4.932
Trust for Benefit of Nicole
Patricia Lorenzo - 1992 Trust 8/13/97 500 Sale 4.750
Mercedes Ana Lorenzo Trust 8/13/97 500 Sale 4.750
Carolina Grace Lorenzo Trust 8/13/97 500 Sale 4.750
Francisco A. Lorenzo, As
Custodian for Timon Francis
Lorenzo 8/13/97 500 Sale 4.750
Trust for Benefit of Nicole
Patricia Lorenzo - 1992 Trust 8/14/97 400 Sale 4.750
Mercedes Ana Lorenzo Trust 8/14/97 400 Sale 4.750
Carolina Grace Lorenzo Trust 8/14/97 400 Sale 4.750
Francisco A. Lorenzo, As
Custodian for Timon Francis
Lorenzo 8/14/97 400 Sale 4.750
Savoy Partners, Inc. 8/20/97 55,000 Sale 4.500
Savoy Partners, Inc. 8/20/97 4,200 Sale 4.438
Trust for Benefit of Nicole
Patricia Lorenzo - 1992 Trust 8/20/97 250 Sale 4.438
Mercedes Ana Lorenzo Trust 8/20/97 250 Sale 4.438
Carolina Grace Lorenzo Trust 8/20/97 250 Sale 4.438
Francisco A. Lorenzo, As
Custodian for Timon Francis
Lorenzo 8/20/97 250 Sale 4.438
</TABLE>
All of such transactions were effected on the New York Stock Exchange.
<PAGE>
Page 11 of 12 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 27, 1997
/s/ Francisco A. Lorenzo
____________________________
Francisco A. Lorenzo
SAVOY PARTNERS, INC.
By /s/ Francisco A. Lorenzo
__________________________
Francisco A. Lorenzo
President
LORENZO FAMILY FOUNDATION
By /s/ Francisco A. Lorenzo
__________________________
Francisco A. Lorenzo
Trustee
<PAGE>
Page 12 of 12 Pages
TRUST FOR BENEFIT OF NICOLE
PATRICIA LORENZO - 1992 TRUST
By /s/ Francisco A. Lorenzo
__________________________
Francisco A. Lorenzo
Trustee
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
