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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 1)*
Under the Securities Exchange Act of 1934
Saratoga Beverage Group, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
803436 10 4
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(CUSIP Number)
Anthony Malatino
32 Loundonwood
Loundonville, NY 12205
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(Name, Address and Telephone Number
of Person Authorized to
Receive Notices and Communications)
April 17, 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
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box: [ ].
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss. 240.13d-7(b) for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filling out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 5 sequentially numbered pages
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SCHEDULE 13D
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CUSIP No. 803436 10 4 Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Anthony Malatino
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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
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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7 SOLE VOTING POWER
NUMBER OF 399,995
SHARES --------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH
399,995
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
399,995
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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)
12.6%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE
ATTESTATION.
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Page 3 of 5
SCHEDULE 13D
AMENDMENT NO. 1
This Amendment No. 1 to the Statement on Schedule 13D amends and
supplements the Statement on Schedule 13D ("Schedule 13D") with an event date
of July 30, 1997, which amended and supplemented the Schedule 13D originally
filed by Anthony Malatino and Robin Prever with the Securities and Exchange
Commission (the "SEC") on August 17, 1995 (the "Original Schedule 13D"), as
amended by Amendment No. 1 to the Schedule 13D with an event date of June 17,
1997 ("Amendment No. 1"), relates to the beneficial ownership of shares of the
Class A Common Stock, $.01 par value per share (the "Common Stock"), of
Saratoga Beverage Group, Inc. (the "Issuer").
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 of the Schedule 13D is hereby amended to read in its entirety as
follows:
(a) The Reporting Person is the beneficial owner of 399,995 shares (14.3%)
of Common Stock. The number of shares of Common Stock beneficially owned by the
Reporting Person and the percentage of outstanding shares represented thereby
have been computed in accordance with Rule 13d-3. The percentage of shares of
Common Stock beneficially owned by the Reporting Person has been calculated
based upon 3,169,094 shares of Common Stock (including the Issuer's Class B
Common Stock, $. 01 par value per share) outstanding at June 30, 1998.
(b) The Reporting Person has the sole power to vote or to direct the vote
of, and dispose or direct the disposition of, 399,995 shares of Common Stock.
(c) Schedule I indicates the transactions effected by the Reporting Person
in the Common Stock since the filing of the Schedule 13D. All such trades were
purchases effected through the public market except as otherwise noted in
Schedule I.
(d) Not applicable.
(e) Not applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
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Page 4 of 5
SCHEDULE I
Date Aggregate Share Amount Price Per Share ($) Net Amount ($)
---- ---------------------- ------------------- --------------
*04/17/98 83,000 3.00 249,000.00
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**06/25/98 (29,000) -- --
08/19/98 15,000 3.0625 46,705.58
08/19/98 10,000 3.125 31,760.50
08/20/98 10,000 3.125 31,843.21
08/21/98 5,000 3.125 15,920.25
08/21/98 5,000 3.09375 15,766.23
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* Represents the recision of a transaction on February 12, 1998 in which
shares were sold in a private transaction.
** Represents the cancellation of stock options in accordance with their
terms.
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Page 5 of 5
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: September 3, 1998
/s/ Anthony Malatino
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Anthony Malatino
