-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EwRLLjD7z+vuqyOp3Wtz2/lAa4iiRnZYzXoF+t4kJtgNAHUTlASMV4IIarh/5L92 SMKX2LBXgr5IGnvdwml+RA== 0000950116-99-000947.txt : 19990511 0000950116-99-000947.hdr.sgml : 19990511 ACCESSION NUMBER: 0000950116-99-000947 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990430 FILED AS OF DATE: 19990510 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: REXX ENVIRONMENTAL CORP CENTRAL INDEX KEY: 0000012203 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330] IRS NUMBER: 132625545 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-14121 FILM NUMBER: 99614896 BUSINESS ADDRESS: STREET 1: 350 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127898900 MAIL ADDRESS: STREET 1: 1411 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10018 FORMER COMPANY: FORMER CONFORMED NAME: OAKHILL SPORTSWEAR CORP /NY/ DATE OF NAME CHANGE: 19940131 FORMER COMPANY: FORMER CONFORMED NAME: BIO MEDICAL SCIENCES INC DATE OF NAME CHANGE: 19830725 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTRONIC SCIENCES INC DATE OF NAME CHANGE: 19690415 COMPANY DATA: COMPANY CONFORMED NAME: ASCH ARTHUR L CENTRAL INDEX KEY: 0001024549 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] CHAIRMAN STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 350 PARK AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127507755 MAIL ADDRESS: STREET 1: 350 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: ASCH ARTHUR DATE OF NAME CHANGE: 19961009 4 1 FORM 4 FORM 4 [ ] Check box if no longer subject to Section 16, Form 4 and Form 5 obligations may continue. See Instruction 1(b) 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 - ------------------------------------------------------------------------------- 1. Name and address of Reporting Person Asch, Arthur L. -------------------------------------------------------------------- (Last) (First) (MI) 350 Park Avenue -------------------------------------------------------------------- (Street) New York NY 10022 -------------------------------------------------------------------- (City) (State) (Zip) - ------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol REXX ENVIRONMENTAL CORPORATION (REX) - ------------------------------------------------------------------------------- 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### - ------------------------------------------------------------------------------- 4. Statement for Month/Year | 5. If Amendment, Date of | Original (Month/Year) 04/99 | - ------------------------------------------------------------------------------- 6. Relationship of Reporting Person to Issuer (Check all applicable) [ X ] Director [ X ] 10% Owner [ X ] Officer [ ] Other (specify below) (give title below) Chairman of the Board of Directors ---------------------------------- --------------------------------- - ------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person --- Form filed by More than One Reporting Person --- - ------------------------------------------------------------------------------- TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - -------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------- 1. Title of Security | 2. Transaction Date | 3. Transaction Code | 4. Securities Acquired (A) or Disposed (Instr. 3) | (Month/Day/Year) | (Instr. 8) | of (D) (Instr. 3, 4 & 5) | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | Code | V | Amount | (A) | Price | | | | | (D) | - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock | 04/26/99 | J(1) | | 80,000 | D | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | ===================================================================================================================================
- ----------------------------------------------------------------------------------------------------------------------------------- 1. Title of Security | 5. Amount of Securities | 6. Ownership Form: | 7. Nature of Indirect Beneficial (Instr. 3) | Beneficially Owned at | Direct (D) or | Ownership (Instr. 4) | End of Month | Indirect (I) | | (Instr. 3 & 4) | (Instr. 4) | - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock | 431,051(2) | D(2) | - ----------------------------------------------------------------------------------------------------------------------------------- | 25,000(3) | I(3) | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | ===================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. - ------------------------------------------------------------------------------- TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) - -------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------- 1. Title of Derivative Security | 2. Conversion or | 3. Transaction Date | 4. Transaction | 5. Number of Derivative (Instr. 3) | Exercise Price of | (Month/Day/Year) | Code (Instr.| Securities Acquired | Derivative Security | | 8) | (A) or Disposed of | | | | (D) (Instr. 3, 4 & 5) - ----------------------------------------------------------------------------------------------------------------------------------- | | | Code | V | (A) | (D) - ----------------------------------------------------------------------------------------------------------------------------------- Stock Options | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | | ===================================================================================================================================
- ----------------------------------------------------------------------------------------------------------------------------------- 1. Title of Derivative Security | 6. Date Exercisable and | 7. Title and Amount of Underlying | 8. Price of Derivative (Instr. 3) | Expiration Date | Securities (Instr. 3 & 4) | Security (Instr. 5) | (Month/Day/Year) | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | Date | Expiration | Title | Amount | | Exercisable | Date | | | | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- Stock Options | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | | | ===================================================================================================================================
- ----------------------------------------------------------------------------------------------------------------------------------- 1. Title of Derivative Security | 9. Number of Derivative | 10. Ownership Form of Derivative | 11. Nature of Indirect (Instr. 3) | Securities Beneficially | Security: Direct (D) or | Beneficial Ownership | Owned at End of Month | Indirect (I) (Instr. 4) | (Instr. 4) | (Instr. 4) | | - ----------------------------------------------------------------------------------------------------------------------------------- Stock Options | 70,000 shares(4) | D | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | - ----------------------------------------------------------------------------------------------------------------------------------- | | | ===================================================================================================================================
Explanation of Responses: (1) Reflects gift transfers by the Reporting Person to members of his immediate family, in whose holdings he has no beneficial ownership. (2) Includes 60,000 shares underlying options exercisable within 60 days, and excludes 10,000 additional shares underlying options not exercisable within 60 days. (3) Held by the Reporting Person's wife in which he disclaims beneficial ownership. (4) Reflects shares underlying the options referred to in note (2), above. /s/ Arthur L. Asch 05/07/99 - ------------------------------------ ------------------- Arthur L. Asch Date **Signature of Reporting Person ** 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. -----END PRIVACY-ENHANCED MESSAGE-----