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FORM 4 OMB APPROVAL
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[ ] Check this box if no longer OMB Number: 3235-0287
subject to Section 16. Form 4 Expires: December 31, 2001
or Form 5 obligations may Estimated average burden hours
continue. See Instruction 1(b) per response.......0.5
U.S. 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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(Print or Type Responses)
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Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol
Thomas, J. W. Nevil French Fragrances, Inc. (FRAG)
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(Last) (First) (Middle) 3. IRS or Social 4. Statement for Month/Year
Security Number of
Reporting Person
(Voluntary) December 2000
c/o Bedford Capital Corporation
Scotia Plaza, 40 King Street West, Suite 4712 -------------------------------
------------------------------------------------ 5. If Amendment, Date of
(Street) Original (Month/Year)
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Toronto, Ontario Canada M5H 3Y2
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(City) (State) (Zip)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
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Officer (give Other (specify
--- title below) --- below)
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7. Individual or Joint/Group Filing
(Check Applicable Line)
X Form filed by One Reporting Person
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Form filed by More than One Reporting Person
---
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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<S> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) or 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 8) Owned at Direct Bene-
(Month/ End of (D) or ficial
Day/ Month Indirect Owner-
Year) (Instr. 3 (I) ship
------------------------------------------ and 4) (Instr. 4) (Instr.
4)
(A) or
Code V Amount (D) Price
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Common Stock, $.01 par value 12/29/00 C 54,568 A $3.30/sh
12/29/00 C 26,369 A $5.25/sh
12/29/00 C 28,147 A $10.75/sh 129,728 I (1)
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Common Stock, $.01 par value 12/29/00 C 2,044 A $3.30/sh 2,044 I (5)
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Common Stock, $.01 par value 2,748 I (6)
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Common Stock, $.01 par value 12/29/00 P 23,256 A $10.75/sh 26,128 I (7)
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Common Stock, $.01 par value 37,624 D (6)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
(Over)
SEC 1474 (7-96)
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FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C> <C>
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1. Title of 2. Conver- 3. Trans- 4. Transac- 5. Number of 6. Date 7. Title and Amount
Derivative sion action tion Code Deriv- Exercisable of Underlying
Security or Date (Instr. 8) ative and Expiration Securities
(Instr. 3) Exercise (Month/ Securities Date (Instr. 3 and 4)
Price Day/ Acquired (A) (Month/Day/
of Year) or Disposed of Year)
Deriv- (D) (Instr. 3, 4
ative and 5)
Security
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Date Expira- Amount
Exer- tion Title or
---------------------------- cisable Date Number
Code V (A) (D) of Shares
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Stock Option (A) $7.00/sh 6/25/97 6/25/06 Common 7,500
Stock
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Stock Option (A) $9.38/sh 6/20/98 6/20/07 Common 7,500
Stock
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Stock Option (A) $16.38/sh 6/25/99 6/25/08 Common 7,500
Stock
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Stock Option (A) $7.00/sh 6/23/00 6/23/09 Common 7,500
Stock
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Stock Option (A) $7.25/sh 6/16/01 6/16/10 Common 7,500
Stock
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Series B Convertible
Preferred Stock $3.30/sh 12/29/00 C 54,046 11/30/95 1/31/05 Common 54,046
(2) (4) Stock
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Series C Convertible
Preferred Stock $5.25/sh 12/29/00 C 11,682 4/12/99 1/31/05 Common 11,682
(3) Stock
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Series B Convertible
Preferred Stock $3.30/sh 12/29/00 C 2,044 3/20/96 1/31/05 Common 2,044
(4) Stock
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Series B Convertible
Preferred Stock $3.30/sh 12/29/00 C 241 3/20/96 1/31/05 Common 241
(4) Stock
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Series B Convertible
Preferred Stock $3.30/sh 12/29/00 C 53 4/12/99 1/31/05 Common 53
(4) Stock
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Series B Convertible
Preferred Stock $3.30/sh 12/29/00 C 639 6/06/00 1/31/05 Common 639
(4) Stock
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Series C Convertible
Preferred Stock $5.25/sh 12/29/00 C 14,687 6/06/00 1/31/05 Common 14,687
(4) Stock
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<S> <C> <C> <C>
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8. Price 9. Number of 10.Owner- 11. Na-
of Derivative ship of ture
Deriv- Securities Derivative of
ative Beneficially Security: Indirect
Secur- Owned Direct Bene-
ity at End (D) or ficial
(Instr of Month (I) Indirect Owner-
5) (Instr. 4) (Instr. 4) ship (Instr. 4)
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7,500 D
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7,500 D
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7,500 D
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7,500 D
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0 D
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0 I (1)
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0 I (1)
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0 I (5)
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0 D
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0 I (1)
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0 I (1)
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0 I (1)
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Explanation of Responses:
(A) Option granted pursuant to Issuer's Non-Employee Director Stock Option Plan, exercisable in full one year from the
date of grant.
(1) Beneficially owned by Nevcorp, Inc., a corporation controlled by Mr. Thomas.
(2) Received in connection with the Merger for equivalent securities of a privately held corporation.
(3) Received in connection with the Reporting Person's purchase of the Issuer's 8% Secured Subordinated Debentures, Series
II for $.01 per share.
(4) Received in connection with Bedford Capital Financial Corporation's plan of distribution.
(5) These securities are beneficially owned in equal amounts by four trusts for the benefit of Mr. Thomas' children and
for which Mr. Thomas serves as a co-trustee with his wife. Mr. Thomas disclaims beneficial ownership of these
securities and this filing should not be construed as an admission that Mr. Thomas is the beneficial owner of these
securities.
(6) Mr. Thomas exercised his Option to purchase 53,400 shares of Common Stock by paying the exercise price in cash with
respect to 26,700 shares and utilizing the cashless exercise provision with respect to the remaining 26,700 shares,
which resulted in an additional 13,400 shares of Common Stock being issued. Of the 40,100 shares issued, 37,300
shares of Common Stock were issued in Mr. Thomas' name and 2,800 shares were issued in the name of his wife, Susanne
Thomas.
(7) Beneficially owned by Mr. Thomas' wife, Susanne Thomas. Mr. Thomas disclaims beneficial ownership of these
securities and this filing should not be construed as an admission that Mr. Thomas is the benef8cial owner of these
Securities.
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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.
/s/ J. W. Nevil Thomas January 9, 2001
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**Signature of Reporting Person Date
Page 2 SEC 1474 (8-96)
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