<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b), (c),
AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. __)
DANSKIN, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
236 365 102
-------------------------
(CUSIP Number)
June 25, 1998
-----------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the Rule Pursuant to which this Schedule
is filed.
/X/ Rule 13d-1(b)
/ / Rule 13d-1(c)
/ / Rule 13d-1(d)
Page 1 of 8 pages
<PAGE>
- ------------------------- -----------------------
CUSIP NO. 236 365 102 13G PAGE 2 OF 8 PAGES
------------- --- ---
- ------------------------- -----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
SunAmerica Life Insurance Company
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Arizona
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 1,827,440
---------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 1,827,440
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,827,440
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
18.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO/IC
- --------------------------------------------------------------------------------
Page 2 of 8 pages
<PAGE>
- ------------------------- -----------------------
CUSIP NO. 236 365 102 13G PAGE 3 OF 8 PAGES
------------- --- ---
- ------------------------- -----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
SunAmerica Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----------------------------------------------------------------
NUMBER OF
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,827,440 (includes 1,827,440 shares for which the
Reporting Person may be deemed to share voting power
solely by reason of affiliation with the other
Reporting Persons described herein but for which this
Reporting Person disclaims beneficial ownership)
----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,827,440 (includes 1,827,440 shares for which the
Reporting Person may be deemed to share dispositive
power solely by reason of affiliation with the other
Reporting Persons described herein but for which this
Reporting Person disclaims beneficial ownership)
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,827,440 (includes 1,827,440 shares for which the Reporting
Person may be deemed to beneficially own solely by reason of
affiliation with the other Reporting Persons described herein
but for which this Reporting Person disclaims beneficial
ownership)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
18.1% (includes 18.1% which the Reporting Person may be deemed
to beneficially own solely by reason of affiliate with the
other Reporting Persons described herein but for which this
Reporting Person disclaims beneficial ownership)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO/HC
- --------------------------------------------------------------------------------
Page 3 of 8 pages
<PAGE>
This Schedule 13G amends and replaces the Schedule 13D filed by the
Reporting Persons on September 29, 1994, as amended by Amendments No. 1 through
5, filed on February 3, 1995, January 4, 1996, June 17, 1996, October 8, 1996
and April 16, 1998, respectively, with respect to the Common Stock, par value
$.01 per share ("Common Stock"), of Danskin, Inc., (the "Issuer"). The
Reporting Persons are not reporting a change in beneficial ownership of the
Common Stock.
ITEM 1.
(a) Name of Issuer:
DANSKIN, INC.
(b) Address of Issuer's Principal Executive Offices:
DANSKIN, INC.
111 West 40th Street
New York, New York 10018
ITEM 2.
(a) Name of Persons Filing:
This Statement is being filed on behalf of SunAmerica Life Insurance Company,
an Arizona stock life insurance company ("SunAmerica"), and SunAmerica Inc., a
Maryland corporation and the parent company of SunAmerica (collectively the
"Reporting Persons"). See Exhibit A attached hereto.
(b) Address of Principal Business Office of the Reporting Persons:
1 SUNAMERICA CENTER
LOS ANGELES, CA 90067
(c) Citizenship:
See Item 2(a).
(d) Title of Class of Securities:
COMMON STOCK
(e) CUSIP Number:
236 365 102
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b) OR
(c), CHECK WHETHER THE PERSON FILING IS A:
Regarding SunAmerica:
(a) / / Broker or Dealer registered under Section 15 of the Exchange Act;
(b) / / Bank as defined in section 3(a)(6) of the Exchange Act;
Page 4 of 8 pages
<PAGE>
(c) /X/ Insurance Company as defined in section 3(a)(19) of the Exchange
Act;
(d) / / Investment Company registered under section 8 of the Investment
Company Act;
(e) / / Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) / / An Employee Benefit Plan, or Endowment Fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) / / Parent Holding Company or Control Person in accordance with
13-1(b)(ii)(G);
(h) / / A Savings Association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) / / A Church Plan that is excluded from the definition of an
Investment Company under Section 3(c)(14) of the Investment
Company Act;
(j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H)
Regarding SunAmerica Inc:
(a) / / Broker or Dealer registered under Section 15 of the Exchange Act;
(b) / / Bank as defined in section 3(a)(6) of the Exchange Act;
(c) / / Insurance Company as defined in section 3(a)(19) of the Exchange
Act;
(d) / / Investment Company registered under section 8 of the Investment
Company Act;
(e) / / Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) / / An Employee Benefit Plan, or Endowment Fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) /X/ Parent Holding Company or Control Person in accordance with
13-1(b)(ii)(G);
(h) / / A Savings Association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) / / A Church Plan that is excluded from the definition of an
Investment Company under Section 3(c)(14) of the Investment
Company Act;
(j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H)
Each Reporting Person disclaims beneficial ownership of any securities not
held directly by such person. The filing of this Schedule 13G shall not be
construed as an admission that a Reporting Person or any of its affiliates is,
for the purposes of Section 13 of the Act, a member of a "group" with any of the
other Reporting Persons. In addition, the filing of this Schedule 13G shall not
be construed as an admission that a Reporting Person or any of its affiliates is
the beneficial owner of any securities not held directly by such person for any
purpose.
ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issue identified in Item 1.
Regarding SunAmerica:
The information from paragraphs 5 through 9 and 11 of page 2 is incorporated
herein by reference.
Page 5 of 8 pages
<PAGE>
Regarding SunAmerica Inc.:
The information from paragraphs 5 through 9 and 11 of page 3 is incorporated
herein by reference. SunAmerica Inc., is the direct parent of SunAmerica. Eli
Broad, President, Chief Executive Officer and Chairman of the Board of
SunAmerica Inc., controls approximately 41.3% of the total number of votes
entitled to be cast by holders of voting securities of SunAmerica Inc. Mr.
Broad disclaims beneficial ownership of the securities covered by this Schedule
13G.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
NOT APPLICABLE.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
SEE ITEM 4.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
SEE ITEMS 3 AND 4.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
NOT APPLICABLE.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
NOT APPLICABLE.
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose of
or with the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection with or
as a participant in any transaction having that purpose or effect.
Notwithstanding the foregoing, the Reporting Persons make no certification as
to the purpose for which they held securities covered by this Schedule 13G
for any periods prior to the date hereof.
Page 6 of 8 pages
<PAGE>
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.
June 25, 1998
SUNAMERICA LIFE INSURANCE COMPANY
By: /s/ Jay S. Wintrob
-------------------------------
Jay S. Wintrob
Executive Vice President
SUNAMERICA INC.
By: /s/ Jay S. Wintrob
-------------------------------
Jay S. Wintrob
Vice Chairman
Page 7 of 8 pages
<PAGE>
EXHIBIT A
JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)
Pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934, as
amended, the undersigned hereby agree and consent (i) to the joint filing on
their behalf of this Schedule 13G dated June 25, 1998 in connection with the
common stock of Danskin, Inc., and (ii) to the joint filing on their behalf of
any amendments thereto.
June 25, 1998
SUNAMERICA LIFE INSURANCE COMPANY
By: /s/ Jay S. Wintrob
-------------------------------
Jay S. Wintrob
Executive Vice President
SUNAMERICA INC.
By: /s/ Jay S. Wintrob
--------------------------------
Jay S. Wintrob
Vice Chairman
Page 8 of 8 pages
