-----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, T8AjUT+wMklZWdLCas+c2SThmGW9hXV8/UTQ3yd2jSFBIQeMPNnykvXUkmUmZy71 qwkYJvtgOmXqhDK78EwdKA== 0000950168-98-002278.txt : 19980714 0000950168-98-002278.hdr.sgml : 19980714 ACCESSION NUMBER: 0000950168-98-002278 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980630 FILED AS OF DATE: 19980710 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EMPIRE OF CAROLINA INC CENTRAL INDEX KEY: 0000312840 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] IRS NUMBER: 132999480 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-07909 FILM NUMBER: 98664109 BUSINESS ADDRESS: STREET 1: 5150 LINTON BLVD STREET 2: 5TH FL CITY: DELRAY BEACH STATE: FL ZIP: 33484 BUSINESS PHONE: 5614984000 MAIL ADDRESS: STREET 1: P O BOX 4000 CITY: TARBORO STATE: NC ZIP: 27886 COMPANY DATA: COMPANY CONFORMED NAME: VAIL DAVID N CENTRAL INDEX KEY: 0001060478 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 212 SOUTH TRYON STREET STREET 2: SUITE 1540 CITY: CHARLOTTE STATE: NC ZIP: 28281 MAIL ADDRESS: STREET 1: 212 SOUTH TRYON STREET STREET 2: SUITE 1540 CITY: CHARLOTTE STATE: NC ZIP: 28281 4 1 EMPIRE OF CAROLINA - HOLMES FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 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 Holmes Charles S. - - ----------------------------------------------------- (Last) (First) (Middle) P.O. Box 2850 - - ----------------------------------------------------- (Street) Southampton NY 11969 - - ----------------------------------------------------- (City) (State) (Zip) _______________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol Empire of Carolina, Inc. (EMP) _______________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person (Voluntary) _______________________________________________________________________________ 4. Statement for Month/Year 6/98 _______________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) _______________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [X] 10% Owner [X] Director [X] Officer (give title below) [ ] Other (specify below) Chairman ------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [ ] Form filed by More than One Reporting Person _______________________________________________________________________________ Page 1 FORM 4 (continued)
TABLE I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - - ------------------------------------------------------------------------------------------------------------------------ 1. 2. 3. 4. 5. 6. 7. - - --------------------- -------- ---------- ------------------------------ ----------- ---------- ---------- Amount of Owner- Securities ship Trans- Trans- Securities Acquired (A) Beneficially Form: action action or Disposed of (D) Owned at Direct Nature of Date Code (Instr. 3, 4 and 5) End of (D) or Indirect Title of (Month/ (Instr. 8) ---------------------------- Month Indirect Beneficial Security Day/ ---------- Amount (A) or Price (Instr. (I) Ownership (Instr. 3) Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4) - - --------------------- -------- ---- ---- ----------- ------ --------- ----------- ---------- ---------- Common Stock 6/04/98 P 10,000 A $0.9375 * I ** Common Stock 6/04/98 P 13,200 A $1.00 * I ** Common Stock 6/05/98 P 20,000 A $1.00 * I ** Common Stock 6/08/98 P 17,400 A $1.00 * I ** Common Stock 6/09/98 P 39,200 A $1.00 * I ** Common Stock 6/10/98 P 19,800 A $1.00 * I ** Common Stock 6/11/98 P 50,000 A $1.00 * I ** Common Stock 6/17/98 P 160,000 A $1.00 * I ** Common Stock 6/22/98 P 48,000 A $1.00 * I *** Common Stock 6/23/98 P 12,000 A $1.00 * I *** Common Stock 6/24/98 P 27,700 A $1.00 * I *** Common Stock 6/25/98 P 1,100 A $1.00 * I *** Common Stock 6/26/98 P 11,200 A $1.00 * I ***
* 4,273,352. Includes 135,000 Shares of Series A Preferred Stock which are convertible into 1,080,000 shares of Common Stock and 2,763,752 shares of Common Stock issuable upon the exercise of warrants at an exercise price of $1.375 per share. ** Purchased by Dianne G. Holmes. *** Purchased for Carrie Catherine Holmes, a minor. The Shares are held by Diane G. Holmes in a custodian account. *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses) Page 2 FORM 4 (continued)
TABLE II--Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g. puts, calls, warrants, options, convertible securities) - - ------------------------------------------------------------------------------------------------------------------------------ 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. - - ---------- -------- -------- -------- ---------- ------------ -------------- ------ ---------- --------- ---------- 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) - ---------- -------- -------- ---- --- ---- ---- ------- ----- ----- ------ ------ ---------- -------- ----------
Explanation of Responses: * Shares of Class B Common Stock are convertible at any time into shares of Class A Common Stock, at the option of the holder or automatically in certain circumstances, on a one-for-one basis. ** Shares issued in a corporate reorganization transaction exempt from Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-7(a)(l)(ii) /s/ Lawrence Geller, Attorney in Fact July 10, 1998 ---------------------------------------- -------------------- ** Signature of Reporting Person Date ** 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-----