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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*
Stubbington Darrin
(Last) (First) (Middle)
9913 Turman Cove
(Street)
Austin, Texas 78730
(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)
Executive Vice President and General Manager of Acclaim Studios,
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).
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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 30,343 D
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<TABLE>
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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) 10/27/06 Common Stock 15,000
Options: Rights to Buy (2) 4/29/07 Common Stock 35,000
Options: Rights to Buy (3) 12/17/07 Common Stock 120,000
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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 $3.93750 D
Options: Rights to Buy $3.37500 D
Options: Rights to Buy $3.96875 D
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Explanation of Responses:
(1) 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.
(2) These stock options were granted under the Issuer's 1988 Stock Option Plan.
The options become exerciseable in one-third installments on each of April
30, 1998, April 30, 1999 and April 30, 2000.
(3) These stock options were granted under the Issuer's 1988 Stock Option Plan.
The options become exerciseable in one-third installments on each of
December 18, 1998, December 18, 1999 and December 18, 2000.
/s/ Darrin Stubbington 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).
