-----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, PDIr0kyoQ3vMCIReWYZWmN4oATMcOdAWEizU2wZYhP7rxv2Mx0E9Y4TAWAYqqH77 Q+DprGAjIUbhKyYseAsm5g== 0000032621-99-000007.txt : 19990331 0000032621-99-000007.hdr.sgml : 19990331 ACCESSION NUMBER: 0000032621-99-000007 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980501 FILED AS OF DATE: 19990330 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: 99577685 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: ANDRIANA MARINO CENTRAL INDEX KEY: 0001082951 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: C/O EMERSON RADIO CORP STREET 2: 9 ENTIN RD CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 9734282100 MAIL ADDRESS: STREET 1: C/O EMERSON RADIO CORP STREET 2: 9 ENTIN RD CITY: PARSIPPANY STATE: NJ ZIP: 07054 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: Andriani Marino ------------------------------------------------------------ (Last) (First) (Middle) c/o Emerson Radio Corp., 9 Entin Road ------------------------------------------------------------ (Street) Parsippany NJ 07054 ------------------------------------------------------------ (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): 03/99 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): - ----- ----- PRESIDENT-EMERSON RADIO CONSUMER PRODUCTS CORP. ----------------------------------------------- TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title 2.Trans- 3.Trans- 4.Secur- 5.Amount 6.Own- 7.Nature of action action ities of ership of In- Security Date Code Acquired Securi- Form: direct (Instr.3) (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 $2.563 04/08/96 D (1) 75,000 Exercis.: STOCK (D) (2) OPTION Exp.: (RIGHT 04/08/06 TO BUY) (2) EMPLOYEE $1.00 05/01/98 A 75,000 Exercis.: STOCK (A) (2) OPTION Exp.: (RIGHT 04/08/06 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 75,000 Common 75,000 D Stock 75,000 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 April 8, 1997. At the time of repricing, the vesting term was amended to provide that 66-2/3% of the options granted were vested immediately, to continue the vesting terms of the original options granted, and the vesting term of the remaining 33-1/3% of the options granted remained unchanged. /s/ Marino Andriani March 22, 1999 -------------------------------------- ---------------- **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-----