SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
JENNIFER CONVERTIBLES, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
476153101
(CUSIP Number)
David A. Belford
2097 S. Hamilton Road, Suite 200
COLUMBUS, OHIO
43232
614-755-2228
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
APRIL 13, 1998
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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 ("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 _____ Pages
<PAGE>
SCHEDULE 13D
- ----------------------------- ----------------------------
CUSIP No. 476153101 Page of Pages
- ----------------------------- ----------------------------
- -----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David A. Belford
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- -----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) |_|
- -----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 394,000
SHARES -------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 394,000
REPORTING -------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
394,000
- -----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
- -----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.9%
- -----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -----------------------------------------------------------------------------
<PAGE>
This Amendment No. 1 amends the Schedule 13D dated November 6, 1997
filed by David A. Belford. Terms defined in the initial Schedule 13D shall have
the same meaning when used herein.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER Consideration.
The aggregate purchase price of the additional securities of the
Company acquired by Mr. Belford was approximately $126,000, all of which was
obtained from his personal funds.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
David A. Belford owns 394,000 shares of Common Stock, which constitute
approximately 6.9% of the outstanding shares of Common Stock of the Company.
Exhibit A hereto sets forth transactions in shares of Common Stock of
the Company effected by Mr. Belford during the 60-day period preceding the date
hereof, the dates of such transactions and the purchase price per share
(exclusive of commissions). All of such shares were purchased in brokerage
transactions in open market purchases.
<PAGE>
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.
/s/ David A. Belford
David A. Belford
Dated: April 20, 1998
<PAGE>
EXHIBIT A
RECENT TRANSACTIONS IN SHARES
The following table indicates shares of Common Stock acquired by Mr.
Belford during the past sixty days. All transactions were effected in brokerage
transactions in the over-the-counter market.
Number of
Date Shares Purchased Price Per Share
---- ---------------- ---------------
1/13/98 10,000 $2.0000
3/3/98 5,000 2.0000
3/4/98 10,000 2.0000
3/18/98 10,000 1.875
3/19/98 10,000 1.875
3/20/98 5,000 1.875
3/25/98 5,000 1.875
4/9/98 5,000 1.875
4/13/98 5,000 1.875
