TREND LINES INC
5, 2000-04-11
CATALOG & MAIL-ORDER HOUSES
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- -------------------------                 UNITED STATES SECURITIES AND EXCHANGE COMMISSION            ----------------------------
                                                        Washington, D.C.  20549
         FORM 5                                                                                                OMB APPROVAL
                                              ANNUAL STATEMENT OF CHANGES IN BENEFICIAL
- ------------------------                                     OWNERSHIP                                ----------------------------
/X/ Check box if no                                                                                   OMB Number:        3235-0362
    longer subject to                          Filed pursuant to Section 16(a) of the                 Expires:  September 30, 1998
    Section 16. Form 4                     Securities Exchange Act of 1934, Section 17(a)             Estimated average
    or Form 5                               of the Public Utility Holding Company Act of              burden hours per
    obligations may                        1935 or Section 30(f) of the Investment Company            response...............  1.0
    continue. See                                            Act of 1940                              ----------------------------
    Instruction 1(b).
/_/ Form 3 Holdings
    Reported
/_/ Form 4 Transactions
    Reported
- -----------------------------------------------------------------------------------------------------------------------------------
<S>                             <C>                                             <C>
1. Name and Address of          2. Issuer Name and Ticker or Trading Symbol     6. Relationship of Reporting Person(s) to Issuer
   Reporting Person*
                                                                                               (Check all applicable)
BLACK      EMILIA      F.          Trend-Lines, Inc.  "TRND"                     _____ Director              __X__ 10% Owner
                                                                                 _____ Officer (give         _____ Other (specify
- -------------------------------------------------------------------------------                 title                     below)
(Last)     (First)    (Middle)   3. IRS or Social Security  4.  Statement for                   below)
                                    Number of Reporting         Month/Year
Trend-Lines, Inc.                   Person (Voluntary)
135 American Legion Highway                                     2/26/00
- ---------------------------------                            ----------------------------------------------------------------------
           (Street)                                          5. If Amendment,   7. Individual or Joint/Group Reporting
                                                                Date of
                                                                                             (check applicable line)
                                                                Original         _____ Form Filed by One Reporting Person
Revere       MA           02151                                 (Month/Year)     _____ Form Filed by More than One Reporting Person
- -----------------------------------------------------------------------------------------------------------------------------------
(City)     (State)        (Zip)                Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

- -----------------------------------------------------------------------------------------------------------------------------------
1. Title of Security             2. Transaction  3. Transaction    4. Securities      5. Amount of     6. Ownership    7. Nature of
   (Instr. 3)                       Date            Code              Acquired (A)       Securities       Form:           Indirect
                                    (Month/         (Instr. 8)        or Disposed        Beneficially     Direct (D)      Beneficial
                                     Day/                             of (D)             Owned at end     or              Ownership
                                     Year)                            (Instr. 3,         of Issuer's      Indirect (I)    (Instr. 4)
                                                                       4, and 5)         Fiscal Year      (Instr. 4)
                                                                 -------------------     (Instr. 3 and 4)
                                                                         (A)
                                                                         or
                                                                 Amount  (D)  Price
- -----------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock               8/9/99           G            30,000   D    -0-        2,409,609          *              *
- -----------------------------------------------------------------------------------------------------------------------------------

- -----------------------------------------------------------------------------------------------------------------------------------

- -----------------------------------------------------------------------------------------------------------------------------------
*See Attached Schedule A
- -----------------------------------------------------------------------------------------------------------------------------------
*If the form is filed by more than one reporting person, see instruction 4(b)(v).                                            (Over)
                                                                                                                    SEC 2270 (7-96)
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<CAPTION>
FORM 5 (continued)               Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
                                            (e.g., puts, calls, warrants, options, convertible securities)
- -----------------------------------------------------------------------------------------------------------------------------------
<S>         <C>          <C>        <C>        <C>            <C>         <C>        <C>        <C>        <C>         <C>
1. Title    2. Conver-   3. Trans-  4. Trans-  5. Number of   6. Date     7. Title   8. Price   9. Number  10. Owner-  11. Nature
   of          sion of      action     action     Derivative     Exercis     and        of         of          ship of     of
   Deriva      Exercise     Date       Code       Securities     -able       Amount     Deriva-    Deriv-      Deriva-     Indirect
   -tive       Price of     (Month/    (Instr.    Acquired       and         of         tive       ative       tive        Ownership
   Security    Deriva-       Day/        8)       (A) or         Expira      Under-     Secur-     Secur-      Secur-      (Instr.
   (Instr. 3)  tive          Year)                Disposed       -tion       lying      ity        ities       ity:          4)
               Security                           of (D)         Date        Secur-     (Instr.    Benefi-     Direct
                                                  (Instr. 3,     (Month/     ities        5)       cially      (D) or
                                                   4, and 5)      Day/       (Instr.               Owned at    Indirect
                                                                  Year)      3 and 4)              the End     (I)
                                                              --------------------------           of Year     (Instr.
                                                                                  Amount           (Instr.       4)
                                                              Date                  or                4)
                                               -------------- Excer- Expira-      Number
                                               (A)     (D)    cis-   tion           of
                                                              able   Date  Title  Shares
- -----------------------------------------------------------------------------------------------------------------------------------

- -----------------------------------------------------------------------------------------------------------------------------------
Class B                     8/9/99      C              30,000              Class  30,000           2,288,873     *           *
Common                                                                      A
Stock                                                                      Common
                                                                           Stock
- -----------------------------------------------------------------------------------------------------------------------------------

- -----------------------------------------------------------------------------------------------------------------------------------

- -----------------------------------------------------------------------------------------------------------------------------------

- -----------------------------------------------------------------------------------------------------------------------------------

- -----------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:



                                                                        /s/ Emilia F. Black
**  Intentional misstatements or omissions of facts                ___________________________________           April 10, 2000
    constitute Federal Criminal Violations.                        ** Signature of Reporting Person                  Date
    See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                              Emilia F. Black

Note:  File three copies of this Form, one of which
       must be manually signed.  If space provided
       is insufficient, see Instruction 6 for procedure.
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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.                                                       Page 2
                                                                SEC 2270 (7-96)

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                                 AMENDED FORM 5

                           AMENDED ANNUAL STATEMENT OF

                         CHANGES IN BENEFICIAL OWNERSHIP

                                   SCHEDULE A

                                 EMILIA F. BLACK

Class A Common Stock                      Shares Beneficially Owned

Emilia F. Black                           2,409,609


Class B Common Stock                      Shares Beneficially Owned

Emilia F. Black                           2,288,873 (1)

     (1) Amount  Beneficially  Owned: Of the 2,409,609  shares of Class A Common
     Stock deemed  beneficially  owned by the  reporting  person,  the reporting
     person has the right to acquire  2,288,873  shares upon  conversion of such
     shares of Class B Common  Stock of the  issuer  as to which  the  reporting
     person may be deemed to be the beneficial  owner,  which are convertible at
     any time into Class A Common Stock on a one to one share basis.

     The shares deemed  beneficially  owned by the reporting  person are held of
     record  by  certain  trusts  of which the  reporting  person is a  trustee,
     beneficiary  or settlor and a limited  partnership  of which the  reporting
     person is a general partner.

     Of the 2,409,609 shares of Class A Common Stock deemed  beneficially  owned
     by the  reporting  person,  the  reporting  person has the sole  voting and
     investment  power with  respect to 919,016  shares of Class A Common  Stock
     deemed beneficially owned by her.

     Of the 2,409,609 shares of Class A Common Stock deemed  beneficially  owned
     by the  reporting  person,  the  reporting  person  does not have voting or
     investment  power with respect to 226,317  shares of Class A Common  Stock,
     but has the right to  acquire  such  shares in her  capacity  as settlor of
     certain trusts.

     The reporting  person shares  voting and  investment  power with respect to
     1,188,500 shares of Class A Common Stock.

     Except for 226,317  shares of Class A Common Stock,  the  reporting  person
     disclaims  beneficial  ownership as to  4,124,119  shares of Class A Common
     Stock deemed beneficially owned by the reporting person's spouse.



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