UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
Serengeti Eyewear, Inc.
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(Name of Issuer)
Common Stock, par value $.001 per share
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(Title of Class of Securities)
833970 10 6
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(CUSIP Number)
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(Date of Event which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|x| Rule 13d-1(d)
* 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
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 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>
SCHEDULE 13G
CUSIP No. 833970 10 6
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Stephen Nevitt
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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 Citizenship or Place of Organization
U.S.A.
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5 Sole Voting Power
Number of
Shares 902,319
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 506,103
Person --------------------------------------------------------
With 7 Sole Dispositive Power
902,319
--------------------------------------------------------
8 Shared Dispositive Power
506,103
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,408,422
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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)
46.4%
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12 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 833970 10 6
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Nevitt Family Trust
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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 Citizenship or Place of Organization
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5 Sole Voting Power
Number of
Shares 506,103
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 0
Person --------------------------------------------------------
With 7 Sole Dispositive Power
506,103
--------------------------------------------------------
8 Shared Dispositive Power
0
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
506,103
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10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
21.2%
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12 Type of Reporting Person*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 833970 10 6
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
David B. Newman
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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 Citizenship or Place of Organization
U.S.A.
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5 Sole Voting Power
Number of
Shares 54,000
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 506,103
Person --------------------------------------------------------
With 7 Sole Dispositive Power
54,000
--------------------------------------------------------
8 Shared Dispositive Power
506,103
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
560,103
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10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
23.0%
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12 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 833970 10 6
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Milton Nevitt
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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 Citizenship or Place of Organization
U.S.A.
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5 Sole Voting Power
Number of
Shares 278,781
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 0
Person --------------------------------------------------------
With 7 Sole Dispositive Power
278,781
--------------------------------------------------------
8 Shared Dispositive Power
0
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
278,781
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10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
11.7%
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12 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 833970 10 6
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Michael J. Guccione
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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 Citizenship or Place of Organization
U.S.A.
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5 Sole Voting Power
Number of
Shares 200,830
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 0
Person --------------------------------------------------------
With 7 Sole Dispositive Power
200,830
--------------------------------------------------------
8 Shared Dispositive Power
0
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
200,830
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10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
8.2%
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12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer:
Serengeti Eyewear, Inc.
Item 1(b). Address of Issuer's Principal Executive Officer.
8125 25th Court East, Sarasota, Florida 34243
Item 2(a) (b) (c). Name, Address of Principal Business Office and
Citizenship of Person Filing:
This statement is filed pursuant to Rule 13(D)-1(k)(i) under the Securities
Exchange Act of 1934 on behalf of the following reporting persons. Except as
otherwise indicated, the address of the principal business office of each of
such persons is 8125 25th Court East, Sarasota, Florida 34243.
1. Nevitt Family Trust, a trust;
2. Milton Nevitt, a United States citizen;
3. Stephen Nevitt, a United States citizen;
4. Michael J. Guccione, a United States citizen;
5. David B. Newman, a United States Citizen, having a principal
business office c/o Cooperman Levitt Winikoff Lester & Newman, P.C., 800
Third Avenue, New York, New York 10022.
Attached as Exhibit A hereto is the Joint Filing Statement, dated February
12, 1996, entered into among such persons pursuant to which it was agreed that
this statement be filed on behalf of all such persons.
Item 2(d). Title of Class of securities:
Common Stock, par value $.001 per share
Item 2(e). CUSIP Number:
833970 10 6
Item 3. Not Applicable
Item 4. Ownership:
See Items 5 through 9 and Item 11 of the cover pages
<PAGE>
Item 5. Ownership of Five Percent or Loss of a Class.
Not Applicable
Item 6. Ownership of More then Five Percent on Behalf of Another Person.
The beneficiaries of the Nevitt Family Trust, Stephen Nevitt and Barbara
Rudolph, are the children of Milton Nevitt. The beneficiaries have the right to
receive the proceeds from the sale of the securities held by the trust.
Item 7. Identification and Classification of the Subsidiary which
acquired the Security Being Imported 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
<PAGE>
Item 10. Certification:
By signing below I certify that, to the best of my knowledge and belief,
the securites referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purpose or effect.
SIGNATURES
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: May 22, 1998
Nevitt FAMILY TRUST
By: /s/ Stephen Nevitt
--------------------------
Name: Stephen Nevitt
Title: Trustee
/s/ Stephen Nevitt
--------------------------
Stephen Nevitt
/s/ Milton Nevitt
--------------------------
Milton Nevitt
/s/ Michael J. Guccione
--------------------------
Michael J. Guccione
/s/ David B. Newman
--------------------------
David B. Newman
<PAGE>
EXHIBIT A
JOINT FILING AGREEMENT
The undersigned hereby agree that the statemnet on Schedule 130 with
respect to the common Stock, par value $.001 per share of the Serengeti Eyewear,
Inc., dated February 12, 1997, is, and any amendments thereto signed by each of
the undersigned shall be, filed on behalf of each of the undersigned pursuant to
and in accordance with the provisions of Rule 230-1(f) under the Securities
Exchange Act of 1934.
Dated: May 22, 1998
Nevitt FAMILY TRUST
By: /s/ Stephen Nevitt
----------------------------
Name: Stephen Nevitt
Title: Trustee
/s/ Stephen Nevitt
----------------------------
Stephen Nevitt
----------------------------
Milton Nevitt
/s/ Michael J. Guccione
----------------------------
Michael J. Guccione
/s/ David B. Newman
----------------------------
David B. Newman
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