CUSIP NO. 261570105 13G PAGE 1 OF 6
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
The Dress Barn, Inc.
(Name of Issuer)
Common Stock par value $.05
(Title of Class of Securities)
261570105
(CUSIP Number)
*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 purposes 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).
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CUSIP NO. 261570105 13G PAGE 2 OF 6
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIIFCATION NO. OF ABOVE PERSON
Elliot S. Jaffe ###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
3. SEC USE ONLY
4. CITZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
3,828,666
6. SHARED VOTING POWER
69,310
7. SOLE DISPOSITIVE POWER
3,838,666
8. SHARED DISPOSITIVE POWER
69,310
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,897,976
10. CHECK IF THE AGGREGAGE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Item 4)
11. PERCENT OF CLASS REPRESENTED IN AMOUNT IN ROW 9
(See Item 4)
12. TYPE OF REPORTING PERSON
IN
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CUSIP NO. 261570105 13G PAGE 3 OF 6
Item 1(a). Name of Issuer:
The Dress Barn, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
30 Dunnigan Drive
Suffern, New York 10901
Item 2(a). Name of Person Filing:
Elliot S. Jaffe
Item 2(b). Address of Principal Business Office:
30 Dunnigan Drive
Suffern, New York 10901
Item 2(c). Citizenship:
United States
Item 2(d). Title of Class of Securities:
Common Stock, par value $.05 per share.
Item 2(e). CUSIP Number:
261570105
Item 3. Not applicable
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CUSIP NO. 261570105 13G PAGE 4 OF 6
Item 4. Ownership
(a). Amount Beneficially Owned as of
January 23, 1999:
3,897,976 (1) (2)
(b). Percent of Class as of January 23, 1999:
(1) (2)
(c). Number of shares at to which such person
has as of January 23, 1999:
(i) sole power to vote or to direct the
vote: 3,828,666 (1)
(ii) shared power to vote of to direct the
vote: 69,310 (2)
(iii) sole power to dispose or to direct the
disposition of: 3,828,666 (1)
(iv) shared power to dispose or to direct
the disposition of: 69,310 (2)
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(1) Includes 173,336 shares (0.79%) owned directly by Elliot S. Jaffe and
3,655,330 shares (16.7%) owned by The Jaffe Family Limited Partnership, a
Connecticut limited partnership (the "Partnership"). Elliot S. Jaffe has sole
power to vote and dispose of the shares owned by the Partnership.
(2) Includes 69,310 shares (0.032%) owned by The Jaffe Family Foundation, a
New York not-for-profit corporation (the "Foundation"). Elliot S. Jaffe shares
the power to vote and dispose of the shares owned by the Foundation. Elliot S.
Jaffe disclaims beneficial ownership of the shares owned by the Foundation.
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CUSIP NO. 261570105 13G PAGE 5 OF 6
Item 5. Ownership of Five Percent or Less of Class:
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of
Another Person:
The Partnership owns 3,655,330 shares (16.7%) of
common stock of The Dress Barn, Inc. (See Item 4).
The partnership agreement of the Partnership provides
that all income, gains and distributions of the
Partnership (which could include dividends and the
proceeds from the sale of such shares) must be
allocated among the partners of the Partnership pro
rata in accordance with their ownership interests in
the Partnership. Elliot S. Jaffe is trustee of three
trusts, one for the benefit of Elise Jaffe, one for
the benefit of David Jaffe and one for the benefit of
Richard Jaffe. The Foundation owns 69,310 shares
(0.032%) of the shares of the common stock of The
Dress Barn, Inc. (See Item 4.) Elliot S. Jaffe shares
the power to direct the receipt of dividends from the
proceeds from the sale of such shares. In terms of
the right to receive dividends from or the proceeds
from the sale of such shares, the purpose of the
Foundation is to make charitable contributions.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company:
Not Applicable.
Item 8. Identification and Classification of Members of the
Group:
Not Applicable.
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CUSIP NO. 261570105 13G PAGE 6 OF 6
Item 9. Notice of Dissolution of Group:
Not Applicable.
Item 10. Certification:
Not Applicable.
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, correct and
complete.
Date: January 23, 1999
BY :/s/ELLIOT S. JAFFE
Elliot S. Jaffe
