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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
1. Name and Address of Reporting Person*
Cousens Rodney
(Last) (First) (Middle)
112-120 Brompton Road
(Street)
London, England SW31JJ
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
August 21, 1998
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Acclaim Entertainment, Inc. (AKLM)
5. Relationship of Reporting Person to Issuer (Check all applicable)
/ / Director / / 10% Owner
/X/ Officer (give title below) / / Other (specify below)
President and Chief Operating Officer -- International of
Acclaim Europe, a division of Issuer
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Reporting (Check applicable line)
/X/ Form filed by One Reporting Person
/ / Form filed by More than One Reporting Person
* If the Form is filed by more than one Reporting Person, see instruction
5(b)(v).
<TABLE>
<CAPTION>
Table I -- Non-Derivative Securities Beneficially Owned
2. Amount 3. Ownership
of Secu- Form:
rities Direct 4. Nature of
Bene- (D) or Indirect
ficially Indirect Beneficial
Owned (I) Ownership
1. Title of Security (Instr. 4) (Instr. 5) (Instr. 5)
- -------------------------------- ------------- ------------- ----------------
<S> <C> <C> <C>
Common Stock, par value
$0.02 per share 50,000 D
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<TABLE>
<CAPTION>
Table II--Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
2. Date Exercisable
and Expiration Date 3. Title and Amount of Securities Underlying Derivative
(Month/Day/Year) Security (Instr. 4)
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Date Amount or
1. Title of Derivative Exercis- Expiration Title Number of
Security (Instr. 4) able Date Shares
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<S> <C> <C> <C> <C>
Options: Rights to Buy (1) 8/15/01 Common Stock 60,500
Options: Rights to Buy (2) 12/8/01 Common Stock 25,001
Options: Rights to Buy (3) 8/30/02 Common Stock 30,000
Options: Rights to Buy (4) 10/27/06 Common Stock 400,000
Options: Rights to Buy (5) 4/29/07 Common Stock 400,000
Options: Rights to Buy (6) 1/8/08 Common Stock 42,500
<CAPTION>
5. Ownership
Form of
Derivative
4. Conver- Security:
sion or Direct 6. Nature of
Exercise (D) or Indirect
Price of Indirect Beneficial
1. Title of Derivative Derivative (I) Ownership
Security (Instr. 4) Security (Instr. 5) (Instr. 5)
- ---------------------------------------------- ------------- ------------- --------------
<S> <C> <C> <C>
Options: Rights to Buy $1.95833 D
Options: Rights to Buy $2.75000 D
Options: Rights to Buy $5.91667 D
Options: Rights to Buy $3.93750 D
Options: Rights to Buy $3.37500 D
Options: Rights to Buy $4.12500 D
</TABLE>
Explanation of Responses:
(1) These stock options were granted under the Issuer's 1988 Stock Option Plan.
The options became exercisable in one-third installments on each of August
16, 1992, August 16, 1993, and August 16, 1994.
(2) These stock options were granted under the Issuer's 1988 Stock Option Plan.
The options became exercisable in one-third installments on each of
December 9, 1992, December 9, 1993 and December 9, 1994.
(3) These stock options were granted under the Issuer's 1988 Stock Option Plan.
The options became exercisable in one-third installments on each of August
31, 1993, August 31, 1994 and August 31, 1995.
(4) These stock options were granted under the Issuer's 1988 Stock Option Plan.
The options become exercisable in one-third installments on each of October
28, 1997, October 28, 1998 and October 28, 1999.
(5) These stock options were granted under the Issuer's 1988 Stock Option Plan.
The options become exercisable in one-third installments on each of April
30, 1998, April 30, 1999 and April 30, 2000.
(6) These stock options were granted under the Issuer's 1988 Stock Option Plan.
The options become exercisable in one-third installments on each of January
9, 1999, January 9, 2000 and January 9, 2001.
/s/ Rodney Cousens August 27, 1998
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**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).
