SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-------------
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No.1)*
Syms Corp
------------------
(Name of Issuer)
Common Stock, $.05 par value
-------------------------------
(Title of Class of Securities)
871551107
---------------
(CUSIP Number)
Marcy Syms Merns
c/o Syms Corp
One Syms Way
Secaucus, New Jersey 07094
Tel. No.: (201) 902-9600
---------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 14, 2000
-------------------------------------------------------
(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 that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
|_|.
Note. Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
* 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 disclosures provided in a prior cover page.
The information required on 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 (the "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 3 Pages
<PAGE>
- ----------------------------- -----------------------------
CUSIP NO. 871551107 13D PAGE 2 OF 3 PAGES
- ----------------------------- -----------------------------
- ----- --------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Marcy Syms Merns
- ----- --------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ----- --------------------------------------------------------------------------
3 SEC USE ONLY
- ----- --------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable. See Item 3
- ----- --------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
- ----- --------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,919,575
NUMBER OF ----- -------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 408,145
OWNED BY ----- -------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,919,575
PERSON WITH ----- -------------------------------------------
10 SHARED DISPOSITIVE POWER
408,145
- ----- --------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,327,720
- ----- --------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ----- --------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.6%
- ----- --------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ----- --------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
This Amendment No. 1 to Schedule 13D amends the Schedule 13D filed on July
15, 1999 (the "Statement"), with respect to the common stock par value $.05 per
share (the "Common Stock"), of Syms Corp, a New Jersey corporation (the
"Company") with its principal executive offices at One Syms Way, Secaucus, New
Jersey 07094. Other than as set forth below, to the best knowledge of Marcy Syms
Merns, there has been no material change in the information set forth in
response to Items 1, 2, 4, 6 and 7 of the Statement, as amended. Accordingly,
those Items are omitted from this Amendment No. 1.
Item 3. Source and Amount of Funds or Other Consideration.
Ms. Syms acquired 1,050,000 shares of Common Stock as a gift from the Sy
Syms Revocable Living Trust.
Item 5. Interest in Securities of the Issuer
(a) and (b) Ms. Syms is the beneficial owner of an aggregate of 2,327,720
shares (14.6%) of Common Stock, of which 312,500 shares of Common Stock are
issuable upon exercise of options which are currently exercisable. Of such
2,327,720 shares of Common Stock, (i) Ms. Syms is the direct beneficial owner of
1,919,575 shares of Common Stock (which amount includes her options to purchase
312,500 shares of Common Stock) over which she has the sole voting and
dispositive power, and (ii) 408,145 shares are held by the Estate of Stephen A.
Merns, of which Marcy Syms is an indirect beneficial owner and as Co-Executor,
shares voting and dispositive power with Karen Merns.
(c) On March 14, 2000, Ms. Syms received from the Sy Syms Revocable Living
Trust a gift of 1,050,000 shares of Common Stock.
(d) and (e) 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, complete and
correct.
Dated: April __, 2000
-------------------------
Marcy Syms Merns
Page 3 of 3 Pages
