SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
OCEAN OPTIQUE DISTRIBUTORS, INC.
(Name of Issuer)
COMMON STOCK, NO PAR VALUE PER SHARE
(Title of Class of Securities)
674864 10 3
(CUSIP Number)
KENNETH GORDON
CHIEF FINANCIAL OFFICER
OCEAN OPTIQUE DISTRIBUTORS, INC.
14250 S.W. 119TH AVENUE
MIAMI, FLORIDA 33186
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
SEE ITEM 3
(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 [ ].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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 be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 5 Pages
<PAGE>
SCHEDULE 13D
- ---------------------- -----------------
CUSIP NO. 674864 10 3 PAGE 2 OF 5 PAGES
- ---------------------- -----------------
- -------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
SOCIETE FRANCAISE DE LUNETTERIE
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
FRANCE
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 500,154
SHARES ------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH ------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 500,154
WITH ------------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500,154
- -------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.3%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
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Page 2 of 5 Pages
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ITEM 1. SECURITY AND ISSUER: Common Stock, no par value (the "Common Stock")
Ocean Optique Distributors, Inc. (the "Issuer")
14250 S.W. 119th Avenue
Miami, Florida 33186
ITEM 2. IDENTITY AND BACKGROUND:
(A) NAME OF PERSON FILING: Societe Francaise de Lunetterie (the
"Reporting Person")
(B) PLACE OF ORGANIZATION: France
(C) PRINCIPAL BUSINESS: Eyewear manufacturer
(D) ADDRESS OF PRINCIPAL OFFICE:
39150 Chaux du Domdief, St. Laurent en Grandvuax, France
(E) CRIMINAL CONVICTIONS DURING LAST FIVE YEARS:
(F) CIVIL PROCEEDINGS DURING LAST FIVE YEARS INVOLVING FEDERAL OR
STATE SECURITIES LAWS:
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION: The Reporting
Person acquired 246,154 shares of Common Stock in March 1996 in
exchange for the cancellation of $400,000 of the Issuer's outstanding
debt to the Reporting Person. In July 1996, the Issuer granted to the
Reporting Person a three-year option to acquire 110,000 shares of
Common Stock as payment for $10,000 eyeglass frames. The exercise
price of this option is $1.30 per share of Common Stock (the market
price of the Common Stock on the date of grant).
ITEM 4. PURPOSE OF TRANSACTION: The Reporting Person has acquired the shares
of Common Stock reflected in this Schedule 13D for investment
purposes.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER:
VOTING POWER DISPOSITIVE POWER
------------------- -----------------------
SOLE SHARED SOLE SHARED
---- ------ ---- ------
500,154(A) 500,154(A)
shares shares
- ------------------
(A) Includes 110,000 shares issuable upon the exercise of a three-year option
granted to the Reporting Person. See Item 3.
Page 3 of 5 Pages
<PAGE>
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER: None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS: None
Page 4 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.
SOCIETE FRANCAISE DE LUNETTERIE
By:/S/ GROSPERRIN FRANCIS
-----------------------------------
Name: Grosperrin Francis
Title: Chief Executive Officer
Dated: February 28, 1997
Page 5 of 5 Pages
