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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4 )*
Allou Health & Beauty Care, Inc.
------------------------------------------
(Name of Issuer)
Class A Common Stock, par value $.001 per share
------------------------------------------
(Title of Class of Securities)
019782 10 1
---------------------
(CUSIP Number)
Check the following box if a fee is being paid with the statement [ ]. (A fee is
not required only if the reporting 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 or 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 containing information which would alter
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 be subject to all other provisions of the Act (however, see the
Notes).
SEC 1745 (12-91) Page 1 of 5 pages
<PAGE>
13G
CUSIP No. 019782 10 1 Page 2 of 5 Pages
------------ --- ---
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Victor Jacobs
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
N/A
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 757,600
OWNED BY -------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON -0-
WITH -------------------------------------------------
7 SOLE DISPOSITIVE POWER
757,600
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
757,600
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
N/A
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.52%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1745 (12-91) Page 2 of 5 pages
<PAGE>
AMENDMENT NO. 4
TO
SCHEDULE 13G
ITEM 1(A): NAME OF ISSUER:
Allou Health and Beauty Care, Inc.
ITEM 1(B): ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
50 Emjay Boulevard
Brentwood, New York 11717
ITEM 2(A): NAME OF PERSON FILING:
Victor Jacobs
(the "Reporting Person")
ITEM 2(B): ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE:
50 Emjay Boulevard
Brentwood, New York 11717
ITEM 2(C): CITIZENSHIP:
U.S.A.
ITEM 2(D): TITLE OF CLASS OF SECURITIES:
Class A Common Stock, par value $.001 per share
(the "Class A Common Stock")
ITEM 2(E): CUSIP NUMBER:
019782 10 1
ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO RULES
13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON
FILING IS:
Inapplicable
SEC 1745 (12-91) Page 3 of 5 pages
<PAGE>
ITEM 4: OWNERSHIP. AS OF DECEMBER 31, 1995:
(a) Amount beneficially owned: 757,600 shares. Includes
587,500 shares of Class B Common Stock, par value $.001
per share (the "Class B Common Stock"), held by Mr.
Jacobs and 100,000 shares of Class B Common Stock
issuable upon exercise of a stock option held by Mr.
Jacobs and exercisable at $6.33 per share, such Class B
Common Stock is convertible at any time into Class A
Common Stock on a share for share basis. Also includes
25,000 shares of Class A Common Stock issuable upon
exercise of a stock option held by Mr. Jacobs and
exercisable at $2.50 per share; 35,000 shares of Class
A Common Stock issuable upon exercise of a stock option
held by Mr. Jacobs and exercisable at $6.95 per share;
and 25,000 shares of Class A Common Stock issuable upon
exercise of a stock option held by Mr. Jacobs and
exercisable at $6.95 per share. Each share of Class B
Common Stock has five votes per share; each share of
Class A Common Stock has one vote per share.
(b) Percent of class: 14.52%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote:
757,600 shares
(ii) Shared power to vote or direct the vote:
None
(iii)Sole power to dispose or direct the
disposition of:
757,600 shares
(iv) Shared power to dispose or direct the
disposition of :
None
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
SEC 1745 (12-91) Page 4 of 5 pages
<PAGE>
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.
February 5, 1996
By: /S/ VICTOR JACOBS
--------------------------
Victor Jacobs
SEC 1745 (12-91) Page 5 of 5 pages