SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)1
PC Etcetera, Inc.
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(Name of Issuer)
Common Stock, $.10 par value
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(Title of Class of Securities)
693189 10 2
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(CUSIP Number)
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1 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 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 of
the Act but shall to all other provisions of the Act (however, see the Notes).
<PAGE>
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CUSIP NO. 693189 10 2 Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gilbert H. Steinberg
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
76,813
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 818,343
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 324,240
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
895,156
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
28.0%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 693189 10 2 Page 3 of 5 Pages
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Item 1(a) Name of Issuer:
PC Etcetera, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
462 Seventh Avenue
New York, NY 10018
Item 2(a) Name of Person Filing:
Gilbert H. Steinberg
Item 2(b) Address of Principal Business Office or, if none, Residence:
585 Stewart Avenue, Suite LL-24
Garden City, NY 11530
Item 2(c) Citizenship:
United States of America
Item 2(d) Title of Class of Securities:
Common Shares, par value $.10 per share
Item 2(e) CUSIP Number:
693189 10 2
Item 3 This statement is not filed pursuant to Rule 13d-l(b) or 13d-2(b).
Item 4(a) Amount Beneficially Owned as of December 31, 1996:
895,156. Includes 818,343 shares owned by Terry I. Steinberg (285,458), Joseph
Sabrin (285,458) and Gilbert H. Steinberg (247,427) which are held subject to a
Voting Trust Agreement among them, expiring in December 1997, wherein the
Messrs. Steinberg exercise joint voting control as co-trustees. Each of the
Messrs. Steinberg and Sabrin retains dispositive control over their respective
shares. Also includes 74,413 shares issuable upon the exercise of outstanding
warrants.
Item 4(b) Percent of Class:
28.0%
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CUSIP NO. 693189 10 2 Page 4 of 5 Pages
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Item 4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 76,813
(ii) shared power to vote or to direct the vote: 818,343
(iii) sole power to dispose or to direct the disposition of: 324,240
(iv) shared power to dispose or to direct the disposition of: -0-
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.
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CUSIP NO. 693189 10 2 Page 5 of 5 Pages
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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.
February 14, 1997
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Date
/s/ Gilbert H. Steinberg
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Signature
Gilbert H. Steinberg
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Name
