SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PremiumWear, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
740909106
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(CUSIP Number)
February 14, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
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 1 of 6 Pages
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CUSIP No. 740909106 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON: Thomas D. Gleason
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
The Reporting Person is a citizen of the United States.
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NUMBER OF 5 SOLE VOTING POWER
SHARES 144,750
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 144,750
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PERSON 8 SHARED DISPOSITIVE POWER
WITH: -0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
144,750
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.61%
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12 TYPE OF REPORTING PERSON (See Instructions)
IN
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Page 3 of 6 Pages
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Item 1.
(a) Name of Issuer.
The name of the issuer is PremiumWear, Inc.
(b) Address of Issuer's Principal Executive Offices.
The address of the principal executive offices of the Issuer is:
5500 Feltl Road
Minnetonka, MN 55343
Item 2.
(a) Name of Person Filing.
This statement is being filed by Thomas D. Gleason, an
individual (the "Reporting Person"). Mr. Gleason is the Chairman
of PremiumWear, Inc.
(b) Address or Principal Business Office or, if none, Residence.
The Reporting Person's address is:
5500 Feltl Road
Minnetonka, MN 55343
(c) Citizenship.
The Reporting Person is a citizen of the United States.
(d) Title of Class of Securities.
Common Stock.
(e) CUSIP Number.
740909106
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the
Act
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act
<PAGE>
Page 4 of 6 Pages
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(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund;
see ss.240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance
with ss.240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with ss.240.13d-1(b)(ii)(H)
Item 4. Ownership.
As of February 9, 2000, the Reporting Person's beneficial
ownership of shares of the Issuer was as follows:
(a) Amount Beneficially Owned - 144,750 shares
(b) Percent of Class - 5.61%
(c) Of the shares beneficially owned by the Reporting Person, the
Reporting Person has the power to vote or dispose of the shares
as follows:
(i) Sole power to vote or direct the vote - 144,750 shares*
(ii) Shared power to vote or direct the vote - 0
(iii) Sole power to dispose or direct the disposition of -
144,750 shares*
(iv) Shared power to dispose or direct the disposition of - 0
* Includes 33,750 shares which may be acquired by the Reporting Person as of the
date hereof upon the exercise of outstanding options. The Reporting Person does
not have the right to vote these shares unless and until the options are
exercised and the shares are acquired.
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.
Not Applicable.
Item 7. Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent Holding
Company or Control Person.
Not Applicable.
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Page 5 of 6 Pages
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Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certifications.
(b) By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing
or influencing the control of the issuer of the securities and
were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
<PAGE>
Page 6 of 6 Pages
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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 14, 2000 /s/ Thomas D. Gleason
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Thomas D. Gleason
