SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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. 9)(1)
MICHAEL ANTHONY JEWELERS, INC.
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(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE PER SHARE
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(Title of Class of Securities)
594060 10 5
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(CUSIP Number)
M. Frances Durden, Esq.
Michael Anthony Jewelers, Inc.
115 South Macquesten Parkway, Mt. Vernon, NY 10550
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 8, 1998
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(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.
(Continued on following pages)
(Page 1 of 3 Pages)
<PAGE>
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CUSIP NO. 594060 10 5 13D PAGE 2 OF 3 PAGES
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Anthony Paolercio, Jr. ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP* (a) [ ]
(b) [ X ]
Reporting person is the brother of Michael W. Paolercio who is
also filing a Form 13D.
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED BY 808,000
EACH REPORTING -------------------------------------------------------
PERSON WITH 8 SHARED VOTING POWER
0
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9 SOLE DISPOSITIVE POWER
808,000
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
808,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
458,000 shares are held in trust for the children of reporting
person. Reporting person disclaims beneficial ownership of such
shares.
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11%
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14 TYPE OF REPORTING PERSON*
In
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<PAGE>
Anthony Paolercio, Jr. hereby further amends (the "Amendment") the Statement on
Schedule 13D dated December 18, 1986, as first amended on July 24, 1990 and as
further amended on November 9, 1990, October 24, 1991, October 30, 1992, April
23, 1993, December 28, 1993, January 18, 1994 and June 22, 1994, relating to the
Common Stock, $.001 par value per share ("Common Stock") of Michael Anthony
Jewelers, Inc. (the "Company"), as follows:
Item 4. PURPOSE OF TRANSACTION.
Mr. Paolercio is filing this Amendment since he purchased an aggregate
of 100,000 shares of the Company's Common Stock on May 8, May 13 and May 14,
1998 in the open market. On November 1, 1995, Mr. Paolercio gifted 5,000 shares
of the Company's Common Stock to a family member and 500 shares to a friend. The
gifts in 1995 were reported on a Form 5, but were not reported on an amendment
to the Form 13D filing since it was not material in amount or otherwise.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The aggregate number of shares of Common Stock and percentage of
Common Stock of the Company owned directly by Anthony Paolercio, Jr. is 808,000
shares or approximately 11% of the Company's outstanding Common Stock. Mr.
Paolercio disclaims beneficial ownership of an aggregate of 458,000 shares of
Common Stock held by trusts established for the benefit of his minor children.
(b) Mr. Paolercio has sole power to vote or direct the vote of
1,266,000 Shares. He has the sole power to dispose of or direct the disposition
of 808,000 Shares.
(c) Mr. Paolercio made the following purchases of the Company's Common
Stock: On May 14, 1998 he purchased 25,000 shares in the open market at a price
of $2.50 per share; on May 13, 1998 he purchased 25,000 shares at a price of
$2.50 per share; on May 8, 1998, he purchased 50,000 shares at a price of
$2.3125 per share. All of the above purchases were made from Mr. Paolercio's
personal funds.
(d) Not applicable.
(e) Not applicable.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Amendment No. 9 to the Statement
on Schedule 13D concerning Michael Anthony Jewelers, Inc. is true, complete and
correct.
Dated: May 27, 1998 BY: /s/: ANTHONY PAOLERCIO, JR.
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Anthony Paolercio, Jr.
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