UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
(X) Form 4 Transactions Reported
1. Name and Address of Reporting Person
de Figueiredo, Alberto
c/o Afinsa Bienes Tangibles, S.A.
Lagasca 88
Madrid Spain
2. Issuer Name and Ticker or Trading Symbol
Greg Manning Auctions, Inc. (GMAI)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
6/99
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Reporting (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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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock |10/29/| P | 200,000 | A | $2.50 | 1,117,623 | I | (1) |
| 98 | | | | | | | |
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Common Stock |02/10/| P | 23,781 | A | $10.51 | | I | (1) |
| 99 | | | | | | | |
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Common Stock |03/18/| P | 71,344 | A | $10.51 | | I | (1) |
| 99 | | | | | | | |
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Common Stock |05/11/| P | 95,125 | A | $10.51 | | I | (1) |
| 99 | | | | | | | |
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Common Stock |06/30/| P | 285,373 | A | $10.51 | | I | (1) |
| 99 | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Warrant to Purchase | $15.77| 2/10| A4 | 126,833 | |6/30 2/10/| Common 126,833 | 0 | 126,833 | I (1) |
| | 99 | | | | /99 04 | Stock | | | |
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Stock Option | $ 1.97|7/29/| A4 | 15,000 | | 07/29| Common 15,000 | 0 | 15,000 | D |
(right to buy) | | 98 | | | | (2) 08 | Stock | | | |
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Explanation of Responses:
(1) By Afinsa Bienes Tangibles, S.A.
(2) The option vests in four equal annual innstallments beginning on 7/29/99.
/s/ Alberto de Figueiredo August 30, 1999
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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 procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB number.
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SEC 2270 (7-96)
