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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)
CHIC BY H.I.S, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
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(Title of Class of Securities)
167113 10 9
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(CUSIP Number)
Jesse S. Siegel
2504 Laguna Terrace
Ft. Lauderdale, Florida 33316
with copy to:
Joseph H. Izhakoff, Esq.
Akerman, Senterfitt & Eidson, P.A.
One S.E. 3rd Avenue, 28th Floor
Miami, Florida 33131
(305) 374-5600
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
MARCH 10, 1998
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(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
statement because of Rule 13d-1(b)(3) or (4), check the following box: [ ]
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SCHEDULE 13D
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CUSIP NO. 167113 10 9
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jesse S. Siegel
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[ ]
Not Applicable
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
Not Applicable
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
Not Applicable
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
NUMBER OF See Item 5
SHARES --------------------------------------------
BENEFICIALLY
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING See Item 5
PERSON --------------------------------------------
WITH
9 SOLE DISPOSITIVE POWER
See Item 5
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10 SHARED DISPOSITIVE POWER
See Item 5
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Item 5
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
See Item 5
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5% (See Item 5)
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14 TYPE OF REPORTING PERSON
IN
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The reporting person listed on the cover page to this Schedule 13D
hereby makes the following statement (this "Statement") pursuant to Section
13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
and the rules and regulations promulgated thereunder. This Statement is an
amendment of the Schedule 13D dated February 25, 1993, as amended by Amendment
No. 1 to Schedule 13D dated January 23, 1998, as amended and restated by
Amendment No. 2 to Schedule 13D dated February 23, 1998 (the "Original Schedule
13D"). Capitalized Terms used herein and not defined have the meanings ascribed
to them in the Original Schedule 13D. For further information regarding any of
the items amended herein, reference is made to the Original Schedule 13D. As a
result of the transactions reported in this Statement, Mr. Siegel is no longer
subject to the reporting requirements of Section 13(d) of the Exchange Act and
the rules and regulation promulgated thereunder.
ITEM 5 INTEREST IN SECURITIES OF THE ISSUER.
Item 5 of the Original Schedule 13D is amended and restated in its
entirety as follows:
(a), (b)
and (e) As of March 10, 1998, Mr. Siegel beneficially owned less
than 5% of the issued and outstanding Shares.
(c) On March 10, 1998, Mr. Siegel sold 1,140,043 Shares at
$7.50 per share in an open market transaction.
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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.
DATED: March 16, 1998 /s/ Jesse S. Siegel
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JESSE S. SIEGEL
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