UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 5 )
SPEIZMAN INDUSTRIES, INC.
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(Name of Issuer)
Common Stock, par value $.10 per share
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(Title of Class of Securities)
847805 10 8
-------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
Page 1 of 4 Pages
<PAGE>
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CUSIP NO. 847805 10 8 SCHEDULE 13G Page 2 of 4 Pages
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(AMENDMENT NO. 5)
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert S. Speizman
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
not a member of a group
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
830,728
NUMBER OF ---------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 26,650
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 830,728
PERSON ---------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
26,650
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
857,378
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
n/a
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
23.5
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
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* SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 Pages
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CUSIP NO. 847805 10 8 SCHEDULE 13G Page 3 of 4 Pages
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(AMENDMENT NO. 5)
ISSUER: Speizman Industries, Inc.
TITLE OF CLASS OF SECURITIES: Common Stock, par value $.10 per share
REPORTING PERSON: Robert S. Speizman
SOCIAL SECURITY NUMBER OF
REPORTING PERSON: ###-##-####
The following are the changes in the information reported in the previous
filing of Schedule 13G, dated February 13, 1998:
Item 4 OWNERSHIP:
(A) AMOUNT BENEFICIALLY OWNED
655,875 Shares owned directly
174,853 Shares subject to presently
exercisable options or options
That become exercisable in January 1999
26,650 Shares held by spouse as custodian for child
--------
857,378 Shares beneficially owned
(B) PERCENT OF CLASS
23.5%
(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS
(i) Sole power to vote or direct the vote:
655,875 shares owned directly
174,853 shares subject to presently exercisable options
------- or options that become exercisable in January 1999
830,728
(ii) Shared power to vote or direct the vote:
26,650 shares held by child
(iii) Sole power to dispose or direct the disposition of:
655,875 shares owned directly
174,853 shares subject to presently exercisable options or
------- options that become exercisable in January 1999
830,728
Page 3 of 4 Pages
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CUSIP NO. 847805 10 8 SCHEDULE 13G Page 4 of 4 Pages
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(AMENDMENT NO. 5)
(iv) Shared power to dispose or direct the disposition of:
26,650 shares held by child
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.
February 12, 1999
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Date
/s/ Robert S. Speizman
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Signature
Robert S. Speizman
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Name/Title
Page 4 of 4 Pages
