-----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, VtB1HdyEIM32lc6/R8duYzwd1bcYxMSmwqK6VBMG44ottrGr9rDaYjjzrSeO94PP Tk9EABpvivK2HscsvJ28Tg== 0000913569-99-000002.txt : 19990111 0000913569-99-000002.hdr.sgml : 19990111 ACCESSION NUMBER: 0000913569-99-000002 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990108 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: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-03418 FILM NUMBER: 99502820 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KEYS RICHARD S CENTRAL INDEX KEY: 0000936925 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 414 NOTRE DAME AVENUE CITY: GROSSE POINTE STATE: MI ZIP: 48230 MAIL ADDRESS: STREET 1: DYKEMA GOSSETT STREET 2: 400 RENAISSANCE CENTER CITY: DETRIOT STATE: MI ZIP: 48243 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2) CROWLEY, MILNER AND COMPANY (Name of Issuer) Common Stock (Title of Class of Securities) 228093-10-0 (CUSIP Number) Richard S. Keys 414 Notre Dame Grosse Pointe, MI 48230 313-962-2558 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 28, 1998 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ] CUSIP No.228093-10-0 1. Name of Reporting Person: Richard S. Keys S.S. or I.R.S. Identification No. of Above Individual (optional): N/A 2. Check the Appropriate Box if a Member of a Group: (a) [ ] (b) [ ] 3. SEC Use Only 4. Source of Funds: 00 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): [ ] 6. Citizenship or Place of Organization: United States 7. Sole Voting Power Number of Sharees 297 shares Beneficially 8. Shared Voting Power Owned by Each -0- Reporting Person 9. Sole Dispositive Power With 297 shares 10. Shared Dispositive Power -0- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 297 shares 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] 13. Percent of Class Represented by Amount in Row (11) 0.0% 14. Type of Reporting Person: IN CUSIP NO. 228093-10-0 This is Amendment No. 2 to the Schedule 13D filed by Richard S. Keys, and relates to the common stock (the "Common Stock") of Crowley, Milner and Company (the "Issuer"). As described below, Mr. Keys is no longer the beneficial owner of more than 5% of the outstanding shares of Crowley, Milner and Company (the "Issuer"). The following items in the Schedule 13D are hereby amended to read in their entirety as follows: ITEM 5. Interest in Securities of the Issuer (a) As of December 29, 1998, Mr. Keys owns of record and beneficially 297 shares of Common Stock. Based on the Issuer's representation regarding the number of Common Stock issued and outstanding as of October 31, 1998, Mr. Keys is the beneficial owner of less than 0.1% of the Issuer's outstanding shares of Common Stock. (b) Mr. Keys has sole voting and dispositive power with respect to all shares beneficially owned by him. (c) The only transaction in the Common Stock by Mr. Keys during the past 60 days was the following sale of Common Stock made in a privately- negotiated transaction: Date of Sale Amount Sold Sale Price ------------ ----------- ---------- December 28, 1998 100,800 shs. $1.08* ---------- *Based on the closing market price of common stock of Value City Department Stores, Inc. ("VCD") on the New York Stock Exchange on December 28, 1998, which was $12-7/8 per share. Mr. Keys exchanged his shares of the Issuer on the basis of one (1) share of VCD common stock for each twelve (12) shares of the Issuer's Common Stock. (d) Not applicable. (e) Not applicable. ITEM 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer None. On December 15, 1998, Dennis P. Callahan surrendered to Mr. Keys the option previously granted pursuant to a certain Option Agreement dated December 29, 1997. SIGNATURE 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. /S/ RICHARD S. KEYS - -------------------------------- Richard S. Keys Dated: December 30, 1998 -----END PRIVACY-ENHANCED MESSAGE-----