SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Starter Corporation
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
85684 10 6
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(CUSIP Number)
David A. Beckerman - Starter Corporation
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 16, 1997
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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 schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
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CUSIP No. 85684 10 6 Page __ of __
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David A. Beckerman ###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
00
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED BY
EACH REPORTING PERSON 17,615,729
WITH
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8. SHARED VOTING POWER
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9. SOLE DISPOSITIVE POWER
17,615,729
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10 SHARED DISPOSITIVE POWER
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,615,729
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
63.2%
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14. TYPE OF REPORTING PERSON
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1. Security and Issuer.
This Statement on Schedule 13D ("Schedule 13D") relates to the common
stock, par value $.01 per share (the "Shares"), of Starter Corporation, a
Delaware corporation (the "Company"), the principal executive office is
located at 370 James Street, New Haven, Connecticut 06513.
Item 2. Identity and Background.
(a) This statement on Schedule 13D is being filed by David A. Beckerman.
Mr. Beckerman is sometimes referred to herein as the "Reporting
Person."
(b) The principal business address of the Reporting Person is Starter
Corporation, 370 James Street, New Haven, Connecticut 06508.
(c) The principal business of Mr. Beckerman is Chairman of the Board,
President and Chief Executive Officer of the Company.
(d) - (e) During the past five years, the Reporting Person has not been
convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors). During the past five years, the Reporting Person
has not been party to a civil proceeding of a judicial or administrative
body of competent jurisdiction and as a result of such proceeding been
subject to a judgment, decree or final order enjoining future violations
of, prohibiting or mandating activities subject to, federal or state
securities law or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
(a) On October 16, 1997, Mr. Beckerman acquired 2,015,126 Shares in
partial satisfaction of pre-existing indebtedness due from The Brad
Beckerman Irrevocable Trust and The Cari Beckerman Irrevocable Trust
to Mr. Beckerman.
(b) On October 16, 1997, Mr. Beckerman acquired 163,266 Shares upon the
liquidation of The David A. Beckerman Family Associates Limited
Partnership for no additional consideration in excess of his capital
contribution to said partnership.
(c) On October 16, 1997, David A. Beckerman as a sole general partner of
The Beckerman Family Associates Limited Partnership acquired an
indirect interest in 143,338 Shares acquired by said partnership in
consideration of pre-existing indebtedness due from The Brad
Beckerman Irrevocable Trust and The Cari Beckerman Irrevocable Trust
to said Partnership.
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Item 4. Purpose of Transactions.
The Reporting Person acquired beneficial ownership of 2,321,730
Shares in partial satisfaction of certain indebtedness and the
liquidation of a partnership.
The Reporting Person intends to review his investment in the Shares
from time to time and reserves the right to maintain his holdings at
current levels, without further action or to sell all or a portion
of his holdings or purchase additional Shares in the open market or
privately negotiated transactions or otherwise
The Reporting Person anticipates acquiring an additional 101,560
Shares in satisfaction of certain outstanding indebtedness.
Item 5. Interest in Securities of Issuer.
(a) On October 16, 1997, Mr. Beckerman beneficially owned 17,615,729
Shares or approximately 63.2% of the number of Shares outstanding
(based upon 27,856,615 Shares issued and outstanding, as reported by
the Company in its Form 10-Q for the quarterly period ended June 30,
1997 filed with the Commission on August 14, 1997).
(b) Mr. Beckerman has sole power to vote and dispose or direct the
disposition of the Shares owned by him.
(c)
1) On October 16, 1997, Mr. Beckerman acquired 2,015,126 Shares in
partial satisfaction of pre-existing indebtedness due from The Brad
Beckerman Irrevocable Trust and The Cari Beckerman Irrevocable Trust
to Mr. Beckerman;
2) On October 16, 1997, The David A. Beckerman Family Associates
Limited Partnership, of which Mr. Beckerman was a general partner,
distributed 408,164 Shares in liquidation of its assets.
3) On October 16, 1997, Mr. Beckerman acquired 163,266 Shares upon
the liquidation of The David A. Beckerman Family Associates Limited
Partnership for no additional consideration in excess of his capital
contribution to said partnership;
4) On October 16, 1997, David A. Beckerman as a sole general partner
of The Beckerman Family Associates Limited Partnership acquired an
indirect interest in 143,338 Shares acquired by said partnership in
consideration of pre-existing indebtedness due from The Brad
Beckerman Irrevocable Trust and The Cari Beckerman Irrevocable Trust
to said partnership.
(d) None.
(e) Not applicable.
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Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuers.
The reporting person has an oral agreement in principal to acquire an
additional 101,560 Shares from certain trusts in partial satisfaction of
certain outstanding indebtedness.
Item 7. Material To Be Filed As Exhibits.
None.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this Statement is true,
complete and correct.
Dated: November 10, 1997
/s/ David A. Beckerman
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David A. Beckerman
