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Page 1 of 4 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment no. 7)
Jean Philippe Fragrances, Inc.
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(Name of Issuer)
Common Stock, $.001 par value per share
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472154301
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CUSIP NUMBER
Check the following box if a fee is being paid with this statement / /. (A fee
is not required only if the filing person (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent of less of such class.)
(See Rule 13d-7).
*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 contained information which would alter the
disclosures provided in a prior cover page.
The information required in 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 but shall
be subject to all other provisions of the Act (however, see the Notes).
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CUSIP No. 472154301
1. Names of Reporting Persons
S.S. or I.R.S. Indentification Nos. of Above Persons
Philippe Benacin
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) / /
3. SEC Use Only
4. Citizenship or Place of Organization
France
5. Sole Voting Power
2,947,236
Number of Shares
6. Shared Voting Power
Beneficially -0-
Owned by Each 7. Sole Dispositive Power
2,947,236
Reporting Person
With 8. Shared Dispositive Power
-0-
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,947,236
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
11. Percent of Class Represented by Amount in Row 9
28.8%
12. Type of Reporting Person (See Instructions)
IN
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Item 1(a): Name of Issuer:
Jean Philippe Fragrances, Inc.
Item 1(b): Address of Issuer's Principal Executive Offices:
551 Fifth Avenue, New York, New York 10176
Item 2(a): Name of Person Filing: Philippe Benacin
Item 2(b): Address of Principal Business Office or, if None, Residence:
c/o Inter Parfums, 4, Rond Point Des Champs Elysees, 75008 Paris,
France
Item 2(c): Citizenship: France
Item 2(d): Title of Class of Securities:
Common Stock, $.001 par value per share
Item 2(e): CUSIP No.: 472154301
Item 3: If This Statement is Filed Pursuant to Rules 13d-1(b) or 13d-2(b),
Check Whether the Person Filing is a: Inapplicable.
Item 4: Ownership:
(a) Amount Beneficially Owned: 2,947,236 shares of Common Stock(1)
(b) Percent of Class: 28.8%
(c) Number of shares of which such person has:
(i) sole power to vote or to direct the vote: 2,947,236
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of:
2,947,236
(iv) shared power to dispose or direct the disposition of: -0-
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1Consists of 2,318,049 shares held directly and options to purchase
629,187 shares.
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Item 5: Ownership of Five Percent or Less of a Class: Inapplicable
Item 6: Ownership of More than Five Percent on Behalf of Another Person:
Inapplicable
Item 7: Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company: Inapplicable
Item 8: Identification and Classification of Members of the Group:
Inapplicable
Item 9: Notice of Dissolution of Group: Inapplicable
Item 10: Certification: Inapplicable
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.
Dated: January 27, 1997 /s/ Philippe Benacin
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Philippe Benacin
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (see 18 U.S.C. 1001).