<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 2 to
SCHEDULE 13D
Filed January 18, 1996 by Richard Liu
Under the Securities Exchange Act of 1934
TANDY BRANDS ACCESSORIES, INC.
-------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK PAR VALUE $1 PER SHARE
-------------------------------------------------------------------------------
(Title of Class of Securities)
875378101000
-------------------------------------------------------------------------------
(CUSIP Number)
Lawrence Greenapple, Esq., 630 Third Avenue, New York, New York 10017,
(212) 953-6633
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 17, 1999
-------------------------------------------------------------------------------
(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 [ ].
Check the following box if a fee is being paid with this statement [ ].
CUSIP No. 875378101000
------------
<PAGE>
1) Name of Reporting Person Richard Liu, c/o Superior Leather, Ltd.,
Unit 510 Tower 2, Enterprise Square,
9 Sheung Yuet Rd., Kowloon Bay, Kowloon, Hong Kong
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
---------------------------------------------------------------------
(b)
---------------------------------------------------------------------
- --------------------------------------------------------------------------------
3) SEC Use Only
-----------------------------------------------------------------
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions) PF
-------------------------------------------
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
-----------------------------------------------------------
- --------------------------------------------------------------------------------
6) Citizenship or Place or Organization Taiwan
-----------------------------------------
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power 316,857
Shares Bene- ----------------------
ficially
Owned by 8) Shared Voting Power
Each Report- --------------------
ing Person
9) Sole Dispositive Power 316,857
-----------------
- --------------------------------------------------------------------------------
10) Shared Dispositive Power
----------------------------------------------------
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person 316,857
-------------
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
----------------------------------------------------------
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11) 5.47%
-------------------
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions) IN
---------------------
<PAGE>
ITEM 1. Security and Issuer
This statement relates to the common stock Par Value $1 of Tandy Brands
Accessories, Inc. whose principal executive office is at 690 East Lamar Blvd.,
Ste. 200, Arlington, Texas 76011.
ITEM 2. Identity and Background
The person filing this statement is a natural person
(a) Richard Liu
(b) c/o Superior Leather Ltd.
Unit 510 Tower 2
Enterprise Square
9 Sheung Yuet Road
Kowloon, Hong Kong
(c) President of Superior Leather Ltd. at address in Item 2(b)
(d) Not convicted in any criminal proceeding during the past
five years
(e) Not during the past five years party to a proceeding
of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was
or is subject to judgment or decree of final order
enjoining future violations of, or prohibiting or
mandating activities subject to federal or state
securities laws or finding any violation with respect
to such laws.
ITEM 3. Source and Amount of Funds or Other Consideration
The subject shares were acquired in transactions through January 3,
2000 with personal funds of Richard Liu none of which were borrowed. These
transactions were reported in a Schedule 13D filed January 18, 1996 which was
amended by an Amendment No. 1 filed September 12, 1997.
ITEM 4. Purpose of Transaction
The securities of the issuer were acquired as a portfolio investment.
There are no present plans which relate to or would result in any of the events
described in subparagraphs a through j of Item 4.
ITEM 5. Interest in Securities of the Owner
(a)(i) The aggregate number of shares of common stock of the Issuer
beneficially owned by Richard Liu at January 3, 2000 is 316,857.
(ii) In its Proxy Statement for its annual meeting of stockholders
dated September, 1999, the issuer reported 5,796,028 shares of common stock
outstanding. By an amendment No. 1 to a Schedule 13D filed January 18, 1996 Mr.
Liu reported a material change in shares owned resulting from purchases and
sales of shares by reason of which he then owned 273,457 or 4.94% of the
outstanding shares. Mr. Liu purchased 43,400 shares in open market transactions
through Bear Stearns and Co. between December 9, 1999 and January 3, 2000.
(b) Richard Liu has the sole power to vote the 316,857 shares of common
stock held for his account.
<PAGE>
(c) Since December 9, 1999, Mr. Liu has purchased shares of common
stock in transactions effected through Bear Stearns & Co. on the Nasdaq National
Market System as follows:
Trade Date No. of Shares Aggregate Price
- ---------- ------------- ---------------
December 9, 1999 2,000 $ 27,803
December 10, 1999 6,500 $ 91,153
December 13, 1999 1,500 $ 20,778
December 15, 1999 3,500 $ 48,478
December 17, 1999 2,500 $ 34,628
December 20, 1999 1,900 $ 26,318
December 22, 1999 6,500 $ 90,028
December 23, 1999 3,000 $ 41,553
December 27, 1999 10,000 $140,503
December 28, 1999 1,300 $ 17,658
December 29, 1999 1,000 $ 13,103
January 3, 2000 3,700 $ 52,173
ITEM 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer
There are no contracts, arrangements, understandings or relationships
(legal or otherwise) among Mr. Liu and any other person with respect to any
securities of the issuer.
ITEM 7. Material to Be Filed As Exhibits
There is no material required to be filed as an exhibit.
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: Kowloon, Hong Kong /s/ RICHARD LIU
January 13, 2000 -------------------
RICHARD LIU