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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Creative Computers, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
22527 E 107
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(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).
*The remainder of this cover page shall be filled 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 the
disclosures provided in a prior cover page.
The information required in 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).
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CUSIP No. 22527 E 107 13G Page 2 of 5 Pages
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Frank F. Khulusi
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF 5 SOLE VOTING POWER
SHARES 2,112,667 (including 16,667 shares subject to
options exercisable within 60 days of 12/31/97)
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
None
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7 SOLE DISPOSITIVE POWER
2,112,667 (including 16,667 shares subject to options
exercisable within 60 days of 12/31/97)
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8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,112,667 (including 16,667 shares subject to options exercisable
within 60 days of 12/31/97)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
20.9%
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12 TYPE OF REPORTING PERSON*
IN
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Item 1(a) Name of Issuer:
Creative Computers, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
2645 Maricopa Street
Torrance, California 90503
Item 2(a) Name of Person Filing:
Frank F. Khulusi
Item 2(b) Address of Principal Business Office or, if none, Residence:
2645 Maricopa Street
Torrance, California 90503
Item 2(c) Citizenship:
United States of America
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
22527 E 107
Item 3 Not applicable.
Item 4 Ownership.
(a) Amount of Beneficially Owned:
2,112,667 (including 16,667 shares subject to
options exercisable within 60 days of 12/31/97)
(b) Percent of Class (based on number of shares
outstanding reported on the Issuer's Form 10-Q
for the quarter ended 9/30/97):
20.9%
(c) Number of shares as to which such person has:
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(i) sole power to vote or to direct the vote:
2,112,667 (including 16,667 shares subject to options
exercisable within 60 days of 12/31/97)
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of:
2,112,667 (including 16,667 shares subject to
options exercisable within 60 days of 12/31/97)
(iv) shared power to dispose or to direct the disposition of: 0
Item 5 Ownership of Five Percent or Less of a Class:
Not applicable.
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 Security Being Reported on By the Parent Holding Company.
Not applicable.
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.
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SIGNATURE
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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.
Date: February 12, 1998
/s/ FRANK F. KHULUSI
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Frank F. Khulusi
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