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FORM 4
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[ ] Check this box if no longer subject _________________________________
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Franklin Martin E
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(Last) (First) (Middle)
c/o Marlin Holdings, Inc.
555 Theodore Fremd Ave., Rm B302
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(Street)
Rye NY 10580
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Specialty Catalog Corp. (CTLG)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
--
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4. Statement for Month/Year
April, 2000
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
TABLE I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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5. Amount of
2. Trans- Securities
action 3. Trans- Beneficially 6. Ownership
Date action 4. Securities Acquired (A) Owned at Form: (D) 7. Nature of
---------- Code or Disposed of (D) End of Director Indirect
1. Title of Security (Month/ (Instr. 8) -------------------------- Month or (I) Beneficial
(Instr. 3) Day/ ---------- Amount (A) or Price (Instr. Indirect Ownership
Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Common Stock, $0.01 par
value per share 3/30/00 P 105,000 A $3.00 333,186 D
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SEC 1474 (7-98)
</TABLE>
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FORM 4 (continued)
<TABLE>
<CAPTION>
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g. puts, calls, warrants, options, convertible securities)
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1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
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Title and Ownership
Number of Date Exer- Amount of Form of
Derivative cisable and Underlying Number of Deriv-
Securities Expiration Securities Price Derivative ative
Conver- Trans- Acquired (A) Date (Month/ (Instr. 3 of Securities Security:
sion or Trans- action or Disposed Day/Year) and 4) Deriv- Benefi- Direct
Exercise action Code of (D) -------------- -------------- ative cially (D) or Nature of
Title of Price of Date (Instr. (Instr. 3, Date Amount Secur- Owned at Indirect Indirect
Derivative Deriv- (Month/ 8) 4 and 5) Exer- Expir- or Num- ity End of (I) Beneficial
Security ative Day/ -------- ------------ cis- ation ber of (Instr. Month (Instr. Ownership
(Instr. 3) Security Year) Code V (A) (D) able Date Title Shares 5) (Instr. 4) 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Stock $6.50 10/17/96 2500 (2) 10/17/06 Common 2500 2500 D
Options Stock
(Right
to Buy)
(1)
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Stock $6.50 1/2/98 2667 (2) 1/2/08 Common 2667 2667 D
Options Stock
(Right
to Buy)
(1) (2)
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</TABLE>
EXPLANATION OF RESPONSES:
(1) Granted pursuant to the Specialty Catalog Corp. 1996 Stock Incentive Plan,
as amended.
(2) 20% exercisable on and after each of the first 5 anniversaries of the date
of the grant.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Martin E. Franklin 4/5/00
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**Signature of Reporting Date
Person
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient. See Instruction 6 for procedure.
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.
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SEC 1474 (7-95)
