-----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, OzN2m1n9zv2v33eJA5tMsNzfN84c4u3umIWECn9AW37z20s/ajE4A2kDMeA3Jlfk s/l8ZrOhi+XwcBDK9aaP9A== 0000913569-98-000089.txt : 19980511 0000913569-98-000089.hdr.sgml : 19980511 ACCESSION NUMBER: 0000913569-98-000089 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980430 FILED AS OF DATE: 19980508 SROS: AMEX SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CROWLEY MILNER & CO CENTRAL INDEX KEY: 0000025871 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 380454910 STATE OF INCORPORATION: MI FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-01594 FILM NUMBER: 98613503 BUSINESS ADDRESS: STREET 1: 2301 W LAFAYETTE CITY: DETROIT STATE: MI ZIP: 48216 BUSINESS PHONE: 3139622400 MAIL ADDRESS: STREET 1: 2301 WEST LAFAYETTE CITY: DETROIT STATE: MI ZIP: 48216 COMPANY DATA: COMPANY CONFORMED NAME: COUSINO JOANNE S CENTRAL INDEX KEY: 0000940497 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 500 ST CLAIR CITY: GROSSE POINTE STATE: MI ZIP: 48230 MAIL ADDRESS: STREET 1: DYKEMA GOSSETT STREET 2: 400 RENAISSANCE CENTER CITY: DETROIT STATE: MI ZIP: 48243 4 1 FORM 4 REPORT
FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL WASHINGTON, D.C. 20549 OMB Number 3235-0287 Expires: Sept. 30, 1998 Estimated average burden hours per response...0.5 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 [ ] Check this box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person ------------------------------------ Cousino JoAnne S. (Last) (First) (Middle) 500 St. Clair (Street) Grosse Pointe, MI 48230 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol: Crowley, Milner and Company (COM) 3. IRS or Social Security Number of Reporting Person (Voluntary): N/A 4. Statement for Month/Year: April 1998 5. If Amendment, Date of Original (Month/Year): N/A 6. Relationship of Reporting Person to Issuer (Check all applicable): [X] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 6. 4. 5. Owner- Securities Acquired (A) Amount of ship 3. or Disposed of (D) Securities Form: 7. Transaction (Instr.3, 4 and 5) Beneficially Direct Nature of 2. Code ----------------------- Owned at End (D) or Indirect 1. Transaction (Instr.8) (A) of Month Indirect Beneficial Title of Security Date ------------ or (Instr. 3 (I) Ownership (Instr.3) (mm/dd/yy) Code V Amount (D) Price and 4) (Instr.4) (Instr.4) - ----------------- ----------- ------------ ----------------------- ------------ --------- ---------- Common Stock 4/6/98 S - 1,800 D $6.7388 Common Stock 4/17/98 S - 4,266 D $6.413 Common Stock 4/22/98 S - 13,334 D $6.024 100,626 D n/a Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly 2 Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr.3): Stock option (obligation to sell) 2. Conversion or Exercise Price of Derivative Security: Fair Market Value, but not less than $7.50 per share nor more than $12.00 per share. 3. Transaction Date (mm/dd/yy): December 29, 1997 (however, the option does not become exercisable until June 30, 1998 or until a "Change of Control Event" has occurred prior to such date). 4. Transaction Code (Instr.8)-- Code: J (1) V: 5. Number of Derivative Securities Acquired (A) or Disposed of (D)(Instr.3, 4 and 5)-- (A): n/a (D): 100,000 6. Date Exercisable and Expiration Date-- Date Exercisable: June 30, 1998 (but see Item 3 above) Expiration Date: June 30, 1999 7. Title and Amount of Underlying Securities (Instr.3 and 4)-- Title: Common Stock Amount or Number of Shares: 100,000 8. Price of Derivative Security (Instr.5): $10 9. Number of Derivative Securities Beneficially Owned at End of Month (Instr.4): n/a 10. Ownership of Derivative Security: Direct (D) or Indirect (I)(Instr.4): n/a 11. Nature of Indirect Beneficial Ownership (Instr.4): n/a Explanation of Responses: (1) The option was granted by Ms. Cousino pursuant to an Option Agreement dated as of December 29, 1997, in consideration of $10 paid by Julius L. Pallone. /S/ JOANNE S. COUSINO **Signature of Reporting Person Date: May 8, 1998 ** 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 procedures. SEC 1473(7-96)
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