U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
FORM 3
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.
1. Name and Address of Reporting Person:
JURICK GEOFFREY P.
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(Last) (First) (Middle)
C/O EMERSON RADIO CORP.
9 ENTIN ROAD
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(Street)
PARSIPPANY NEW JERSEY 07054
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year):
12/10/96
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Issuer Name and Ticker or Trading Symbol:
SPORT SUPPLY GROUP, INC. (NYSE-GYM)
5. Relationship of Reporting Person to Issuer (Check all applicable):
X Director X 10% Owner
- ----- -----
X Officer (give title below): Other (specify below):
- ----- -----
CHAIRMAN
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6. If Amendment, Date of Original (Month/Day/Year):
<TABLE>
TABLE I - Non-Derivative Securities Beneficially Owned
<CAPTION>
1.Title of Security 2.Amount of 3.Ownership 4.Nature of
(Instr.4) Securities Form Indirect
Beneficially (Direct (D) Beneficial
Owned or Ownership
(Instr.4) Indirect (Instr.5)
(I)) (Instr.
5)
------------------ ------------- ----------- -----------
<C> <C> <C> <C>
COMMON STOCK* 0 N/A N/A
</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
<TABLE>
TABLE II - Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities):
<CAPTION>
1.Title 2. Date 3.Title 4.Conversion 5.Owner- 6.Nature
of Exercisable and Amount or Exercise ship of
Deriva- and of Price of Form of Indirect
tive Expiration Securities Derivative Deriva- Bene-
Security Date (M/D/Y) Underlying Security tive ficial
(Instr.4) Derivative Security: Owner-
Security Direct ship
(Instr.4) (D) or (Instr.
Indirect 5)
(I)
(Instr.
5)
---------- ---------- ---------- ---------- ---------- --------
<C> <C> <C> <C> <C> <C>
WARRANTS* 12/10/96-- 1,000,000 $7.50 N/A N/A
12/10/2001 SHARES OF
COMMON
STOCK
</TABLE>
Explanation of Responses:
* As a result of the previous purchases by Emerson Radio Corp. ("Emerson") of
669,500 shares of the Common Stock of Sport Supply Group, Inc. (the "Company")
and the purchase by Emerson of an additional 1,600,000 shares of Common Stock of
the Company pursuant to the Securities Purchase Agreement, dated November 27,
1996, between Emerson and the Company, Emerson presently owns 2,269,500 shares
of the Company's Common Stock or approximately 27% of the Company's outstanding
Common Stock. Additionally, the Company granted Emerson Warrants to purchase up
to 1,000,000 shares of the Common Stock of the Company at an exercise price of
$7.50 per share, subject to adjustments. Assuming Emerson's full exercise of
the Warrants, Emerson will be the beneficial owner of 3,269,500 shares of the
Common Stock of the Company, which will represent 34.9% of the outstanding
shares of Common Stock of the Company.
Mr. Jurick, directly and indirectly, beneficially owns 72.3% of the outstanding
shares of Emerson's Common Stock and is the Chairman of the Board and Chief
Executive Officer of Emerson and, therefore, may be deemed to control Emerson.
As a result of such control, Mr. Jurick may be deemed to beneficially own the
Common Stock of the Company beneficially owned by Emerson. Mr. Jurick disclaims
any such beneficial ownership.
/s/ Geoffrey P. Jurick 12/10/96
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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).
