<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3 )
-----
ST. JOHN KNITS, INC.
-------------------------------------------------------------
(Name of Issuer)
Common Stock
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(Title of Class of Securities)
790289 10 2
-----------------------------------------
(CUSIP Number)
Page 1 of 5 Pages
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- ---------------------- ----------------------
CUSIP NO. 790289 10 2 13G PAGE 2 OF 5 PAGES
- ---------------------- ----------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marie Gray Social Security No.:
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
N/A (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 80,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
808,479
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 80,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
808,479
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
888,479 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
N/A
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
5.3%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 pages
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ITEM 1(a). Name of Issuer:
--------------
ST. JOHN KNITS, INC.
ITEM 1(b). Address of Issuer's Principal Executive Offices:
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17422 Derian Avenue
Irvine, California 92614
ITEM 2(a). Name of Person Filing:
---------------------
Marie Gray
ITEM 2(b). Address of Principal Business Office:
------------------------------------
17422 Derian Avenue
Irvine, California 92614
ITEM 2(c). Citizenship:
-----------
United States of America
ITEM 2(d). Title of Class of Securities:
----------------------------
Common Stock
ITEM 2(e). CUSIP Number:
------------
790289 10 2
ITEM 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
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check whether the person filing is a:
------------------------------------
Not applicable
Page 3 of 5 pages
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ITEM 4 Ownership:
---------
(a) Amount Beneficially Owned: 888,479
-------------------------
(b) Percent of Class: 5.3%
----------------
(c) Number of shares as to
----------------------
which such person has:
---------------------
(i) sole power to vote or to
------------------------
direct the vote: 80,000/1/
---------------
(ii) shared power to vote or to
--------------------------
direct the vote: 808,479/2/
---------------
(iii) sole power to dispose or to
---------------------------
direct the disposition of: 80,000/1/
-------------------------
(iv) shared power to dispose or
--------------------------
to direct the disposition of: 808,479/2/
----------------------------
ITEM 5 Ownership of Five Percent or Less of a Class:
--------------------------------------------
This statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following [___].
ITEM 6 Ownership of More than Five Percent on Behalf of Another Person:
---------------------------------------------------------------
Not applicable
ITEM 7 Identification and Classification of the Subsidiary Which Acquired the
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Security Being Reported on By the Parent Holding Company:
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Not applicable
__________________
/1/ Represents 80,000 shares of the Company's Common Stock underlying
exercisable employee stock options issued to Marie Gray.
/2/ Includes 753,839 shares which are owned by the Gray Family Trust (a
revocable living trust), of which Marie Gray and her spouse, Robert E.
Gray, serve as co-Trustees. In addition, includes 54,640 shares which
are owned by the Kelly Ann Gray Trust, of which Robert E. Gray and Marie
Gray serve as co-Trustees.
Page 4 of 5 pages
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ITEM 8 Identification and Classification of Members of the Group:
---------------------------------------------------------
Not applicable
ITEM 9 Notice of Dissolution of Group:
------------------------------
Not applicable
ITEM 10 Certification:
-------------
Not applicable
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: February 11, 1997
/s/ MARIE GRAY
--------------------------
Marie Gray
Page 5 of 5 pages
