-----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, C6xeNLR7xJRpZ5M7matJhcxrIgFBF2tb9DToKs/SxOoeOaDvzijRzpkkUYXn+Zvb XGc3xooMXPTNm34oZJ75Mw== 0000032621-98-000005.txt : 19980324 0000032621-98-000005.hdr.sgml : 19980324 ACCESSION NUMBER: 0000032621-98-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970513 FILED AS OF DATE: 19980323 SROS: AMEX SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EMERSON RADIO CORP CENTRAL INDEX KEY: 0000032621 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 223285224 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-07731 FILM NUMBER: 98571235 BUSINESS ADDRESS: STREET 1: NINE ENTIN RD STREET 2: PO BOX 430 CITY: PARSIPPANY STATE: NJ ZIP: 07054-0430 BUSINESS PHONE: 2018845800 FORMER COMPANY: FORMER CONFORMED NAME: MAJOR ELECTRONICS CORP DATE OF NAME CHANGE: 19770921 COMPANY DATA: COMPANY CONFORMED NAME: CALIANESE ELIZABETH J CENTRAL INDEX KEY: 0001024558 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: C/O EMERSON RADIO CORP STREET 2: 9 ENTIN ROAD CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 2014282026 4 1 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP FORM 4 - ----- Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. SEE Instruction 1(b). 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: CALIANESE MCPARTLAND ELIZABETH J. ------------------------------------------------------------ (Last) (First) (Middle) 521 ORADELL AVENUE ------------------------------------------------------------ (Street) ORADELL NJ 07649 ------------------------------------------------------------ (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol: EMERSON RADIO CORP. (MSN-AMEX) 3. IRS or Social Security Number of Reporting Person (Voluntary): ###-##-#### 4. Statement for (Month/Year): 03/98 5. If Amendment, Date of Original (Month/Year): 6. Relationship of Reporting Person to Issuer (Check all applicable): Director 10% Owner - ----- ----- X Officer (give title below): Other (specify below): - ----- ----- VICE PRESIDENT-HUMAN RESOURCES, SECRETARY ------------------------------------------ TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of 2.Trans- 3.Trans- 4.Secur- 5.Amount 6.Own- 7.Nature Security action action ities of ership of In- (Instr.3) Date Code Acquired Securi- Form: direct (Month/ (Instr. (A) or ties Direct Bene- Day/ 8) Disposed Benefi- (D) or ficial Year) of (D) cially In- Owner- (Instr. Owned at direct ship 3,4 and End of (I) (Instr. 5) Month (In- 4) (Instr. str. 3 and 4) 4) - -------- ------- ------- ------ ------- ------ ------- NONE
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 2.Conversion 3.Trans- 4.Trans- 5.Number 6.Date of or Exercise action action Code of Deriv- Exer- Derivative Price of Date (Instr.8) ative cisable Security Derivative (Month/ Securi- and Ex- (Instr.3) Security Day/Year) ties piration Acquired Date (A) or (Month/ Disposed Day/ of (D) Year) (Instr. 3,4 and 5) - -------- ---------- -------- --------- ------- ------- EMPLOYEE $2.25 05/13/97 D (1) 10,000 Exercis.: STOCK (D) (2) OPTION Exp.: (RIGHT 10/1/06 TO BUY) (2) EMPLOYEE $1.00 05/13/97 A 10,000 Exercis.: STOCK (A) (2) OPTION Exp.: (RIGHT 10/1/06 TO BUY) (2)
7. Title 8.Price of 9.Number 10. Owner- 11.Nature and Derivative of Deriv- ship Form of In- Amount of Security ative of Deriva- direct Underlying (Instr. 5) Securities tive Secur- Bene- Securi- Bene- ity: ficial ties ficially Direct (D) Owner- (Instr.3 Owned at or Indirect ship and 4) End of (I) (Instr.4) Month (Instr.4) (Instr.4) - ---------- ---------- --------- ---------- -------- Common -0- D Stock 30,000 Common 30,000 D Stock 30,000
Explanation of Responses: (1) Cancellation of option in connection with grant of replacement option due to repricing of the existing option. (2) The reported transaction involved the repricing of an existing option which provided for vesting in three equal installments beginning October 1, 1997. The vesting terms remain unchanged. /s/ Elizabeth J. Calianese McPartland March 23, 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). -----END PRIVACY-ENHANCED MESSAGE-----