ACCLAIM ENTERTAINMENT INC
5, 1996-10-15
PREPACKAGED SOFTWARE
Previous: VALUE HOLDINGS INC, 10-Q, 1996-10-15
Next: ACCLAIM ENTERTAINMENT INC, 5, 1996-10-15




                    U.S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                    FORM 5

              ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
        Section 17(a) of the Public Utility Holding Company Act of 1935
            or Section 30(f) of the Investment Company Act of 1940

/ / Check box if no longer subject to Section 16
    Form 4 or Form 5 obligations may continue. See Instruction 1(b).
/ / Form 3 Holdings Reported
/ / Form 4 Transactions Reported

1. Name and Address of Reporting Person

   FISCHBACH, GREGORY     E.
   (Last)     (First)  (Middle)

   One Acclaim Plaza
   (Street)

   Glen Cove, NY        11542
   (City)      (State)  (Zip)

2. Issuer Name and Ticker or Trading Symbol

   ACCLAIM ENTERTAINMENT, INC. ("AKLM")

3. IRS or Social Security Number of Reporting Person (Voluntary)

   ###-##-####

4. Statement for Month/Year

   August 1996

5. If Amendment, Date of Original (Month/Year)



6. Relationship of Reporting Person to Issuer (Check all applicable)

   /x/ Director                            /x/ 10% Owner
   /x/ Officer (give title below)          / / Other (specify below)
       Chief Executive Office

<TABLE>
<CAPTION>
                         Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

                                                                                         5. Amount
                                                                                            of Secu-
                                                                                            rities
                                                                                            Bene-
                                                                                            ficially
                                                          4. Securities Acquired (A)        Owned at  6. Ownership
                               2. Trans-                     or Disposed of (D)             End of       Form:
                                  action                     (Instr. 3, 4 and 5)            Issuer's     Direct      7. Nature of
                                  Date     3. Trans-      -----------------------------     Fiscal       (D) or         Indirect
                                  (Month/     action                    (A)                 Year         Indirect       Beneficial
1. Title of Security              Day/        Code           Amount     or     Price        (Instr.      (I)            Ownership
   (Instr. 3)                     Year)       (Instr. 8)                (D)                 3 and 4)     (Instr. 4)     (Instr. 4)
- -----------------------------  ----------  -------------  ------------  ---  ----------  -----------  -------------  ---------------
<S>                            <C>         <C>            <C>           <C>  <C>         <C>          <C>            <C>

</TABLE>

Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.

<TABLE>
<CAPTION>
                           Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
                                  (e.g., puts, calls, warrants, options, convertible securities)

                                          2. Conver-                              5. Number of Deriv-         6. Date Exercisable
                                             sion or   3. Trans-                     ative Securities            and Expiration Date
                                             Exercise     action                     Acquired (A) or             (Month/Day/Year)
                                             Price of     Date                       Disposed of (D)          ----------------------
                                             Deriv-       (Month/  4. Transac-       (Instr. 3, 4, and 5)     Date
1. Title of Derivative Security              ative        Day/        tion Code   --------------------------  Exercis-    Expiration
   (Instr. 3)                                Security     Year)       (Instr. 8)      (A)           (D)       able        Date
- ----------------------------------------  -----------  ----------  -------------  ------------  ------------  ----------  ----------
<S>                                       <C>          <C>         <C>            <C>           <C>           <C>         <C>
Warrants                                    $2.417        (1)          A (1)          (1)                         (1)      7/25/01
Warrants                                    $3.00         (2)          A (2)          (2)                         (2)      10/2/01
Options (right to buy)                      $7.50         (3)          A (3)          (3)                         (3)      7/24/01

<CAPTION>
                                                                                      9. Number of   10. Ownership
                                                                                         Derivative      of
                                                                                         Securities      Derivative
                             7. Title and Amount of Underlying                           Benefi-         Security:
                                Securities (Instr. 3 and 4)                              cially          Direct      11. Nature of
                             ----------------------------------------  8. Price of       Owned at        (D) or          Indirect
                                                           Amount or      Derivative     End of          Indirect        Beneficial
1. Title of Derivative                  Title              Number of      Security       Year            (I)             Ownership
   Security (Instr. 3)                                      Shares        (Instr. 5)     (Instr. 4)      (Instr. 4)      (Instr. 4)
- ---------------------------  ---------------------------  -----------  -------------  -------------  --------------  ---------------
<S>                          <C>                          <C>          <C>            <C>            <C>             <C>
Warrants                                 c/s                750,000         (1)          750,000            D
Warrants                                 c/s                565,000         (2)          565,000            D
Options (right to buty)                  c/s                150,000         (3)          150,000            D
</TABLE>

Explanation of Responses:
(1) The exercise period for this warrant, granted in January 1991, was extended
    from July 25, 1996 to July 25, 2001.

(2) The exercise period for this warrant, granted in April 1991, was extended
    from October 2, 1996 to October 2, 2001.

(3) These nonincentive stock options were granted to Mr. Fischbach under the
    registrant's  1988 Stock Option Plan; such options become exercisable in
    thirds, on the first, second and third anniversaries, respectively, of the
    date of grant.

    /s/ Gregory E. Fischbach                    October 11, 1996
- ---------------------------------------    --------------------------
    **Signature of Reporting Person                   Date

** Intentional misstatements or omissions of facts constitute Federal Criminal
   Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission