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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4/A
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
[ ] Check this box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Radcliffe Donald S.
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(Last) (First) (Middle)
575 Madison Avenue, Suite 1006
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(Street)
New York, New York 10022
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
SVI HOLDINGS, INC. (SVI)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
04/99
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5. If Amendment, Date of Original (Month/Year)
05/10/99
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ X ] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[ X ] Form filed by one Reporting Person
[ ] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 04/27/99 C 21,000 A $2.00 20,100 I By Madison Avenue
Leasing
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Common Stock 04/27/99 D 3,000 D $14.00 20,100 I By Madison Avenue
Leasing
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Common Stock 04/27/99 J (Note 1) 4,000 D - - 20,100 I By Madison Avenue
Leasing
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Common Stock 04/27/99 J (Note 2) 4,000 A - - 250,700 D
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Common Stock 04/27/99 J (Note 2) 3,000 D - - 20,100 I By Madison Avenue
Leasing
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Common Stock 04/27/99 J (Note 2) 3,000 A - - 119,500 I By Spouse
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Common Stock 04/27/99 J (Note 3) 4,000 D - - 20,100 I By Madison Avenue
Leasing
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Common Stock 04/27/99 J (Note 3) 2,000 A - - 10,100 I Represents 50% of
shares acquired by
Hammond Street
Investors, a limited
partnership
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Common Stock 04/27/99 J (Note 4) 7,000 D - - 20,100 I By Madison Avenue
Leasing
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</TABLE>
* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Page 1 of 2
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FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
9. 10.
Number Owner-
of ship
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
of Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Options to
Purchase $2.00 04/27/99 C 21,000 10/01/97 09/30/00 Common 21,000 * 11,000 I By Madison
Stock Avenue Leasing
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</TABLE>
Explanation of Responses:
*Compensation for services
Note 1: Madison Avenue Leasing distributed 4,000 of the acquired shares to the
reporting person.
Note 2: Madison Avenue Leasing distributed 3,000 of the acquired shares to the
reporting person's spouse.
Note 3: Madison Avenue Leasing distributed 4,000 of the acquired shares to
Hammond Street Investors, a limited partnership in which the reporting
person beneficially owns a 50% interest.
Note 4: Madison Avenue Leasing distributed 7,000 of the acquired shares to two
of its shareholders who are not affiliated with the reporting person.
/s/ David L. Reese, as attorney-in-fact for
Donald S. Radcliffe 05/17/99
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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).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedures.
Alternatively, this Form is permitted to be submitted to the
Commission in electronic format at the option of the reporting person
pursuant to Rule 101(b)(4) of Regulation S-T.
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