-----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, Km2OEh3HragOGMJz3lozXs8pcpSxCJbp5nV2zBxTAakmkbT0cXT/2H8gCc0XdY7O bjusIqy7PRUTmjxRHetHZA== 0000895345-97-000298.txt : 19970818 0000895345-97-000298.hdr.sgml : 19970818 ACCESSION NUMBER: 0000895345-97-000298 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970801 FILED AS OF DATE: 19970815 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KRAUSES FURNITURE INC CENTRAL INDEX KEY: 0000701974 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] IRS NUMBER: 770310773 STATE OF INCORPORATION: DE FISCAL YEAR END: 0129 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17868 FILM NUMBER: 97665055 BUSINESS ADDRESS: STREET 1: 200 NORTH BERRY STREET STREET 2: SUITE 109 CITY: BREA STATE: CA ZIP: 92821-3903 BUSINESS PHONE: 7149903100 MAIL ADDRESS: STREET 1: 200 NORTH BERRY STREET CITY: BREA STATE: CA ZIP: 94588 FORMER COMPANY: FORMER CONFORMED NAME: WORTH CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: GAMBIT FINANCIAL INC DATE OF NAME CHANGE: 19870331 COMPANY DATA: COMPANY CONFORMED NAME: GENERAL ELECTRIC CAPITAL CORP CENTRAL INDEX KEY: 0000040554 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] OWNER IRS NUMBER: 131500700 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 260 LONG RIDGE RD CITY: STAMFORD STATE: CT ZIP: 06927 BUSINESS PHONE: 2033574000 MAIL ADDRESS: STREET 1: 260 LONG RIDGE ROAD CITY: STAMFORD STATE: CT ZIP: 06927 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL ELECTRIC CREDIT CORP DATE OF NAME CHANGE: 19871216 4 1 FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL WASHINGTON, D.C. 20549 OMB NUMBER: 3235-0287 [ ] Check this box if no longer Expires: September 30, 1998 subject to Section 16. Form 4 Estimate average burden or Form 5 obligations may hours per response..... 0.5 continue. See Instructions 1(b) 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 (Print or Type Responses) 1.Name and Address of Reporting Person* 2. Issuer Name and Ticker 6. Relationship of Reporting Person to Issuer or Trading Symbol (Check all applicable) General Electric Capital Corporation Krause's Furniture, Inc. (SOFA) Director X 10% Owner ----- ----- Officer (give Other (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ----- title below) ----- (specify Number of Reporting Month/Year below) 260 Long Ridge Road Person (voluntary) August/1997 -------------------------------- (Street) 5 If Amendment, 7. Individual or Joint/Group Filing Date of Original (check Applicable Lines) Stamford Connecticut 06927 (Month/Year) X Form Filed by One Reporting Person --- (City) (State) (Zip) September/1996 Form Filed by More than One --- Reporting Person
TABLE I NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED 1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired 5. Amount of 6. Owner- 7. Nature (Instr. 3) action action (A)or Disposed of (D) Securities ship of Date Code Benefic- Form: Indirect (Instr. 8) (Instr. 3, 4 and 5) ially Direct Bene- (Month/ Owned at (D) or ficial Day/ Code V Amount (A) or Price End of Indirect Owner- Year) (D) Month (I) ship (Instr. 3 (Instr. (Instr. and 4) 4) 4) Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) * If the form is filed by more than one reporting person, see Instructions 4(b)(v) SEC 1474 (7-96)
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) 1.Title of 2.Conver- 3.Trans- 4.Transac- 5.Number of 6.Date Exer- 7.Title 8.Price 9.Number 10.Owner- 11.Na- Derivative sion or action tion Code Derivative cisable and Amount of of Deriv- ship ture Security Exercise Date (Instr. 8) Securities and Expir- of Under- Deriv- ative Form of In- (Instr. 3) Price (Month/ Acquired (A) ation Date lying ative Secur- of De- direct of Day/ or Disposed (Month/ Securities Secur- ities rivative Bene- Deriva- Year) of (D) Day/Year) ity Bene- Secu- ficial tive (Instr. 3,- (Instr. 3 (Instr ficially rity; Own- Security 4, and 5) and4) . 5) Owned Direct ership at End (D) or (Instr Amount of Indi- . 4) Date Expir- or Month rect (I) Exer- ation Title Number (Instr. (Instr. cisa- Date of 4) 4) Code V (A) (D) ble Shares Warrant 8/14/97 P 8/14/97 8/31/06 Common 600,000 *see (D) Stock note below Warrant 8/14/97 P 4/01/00 8/31/06 Common 833,333 *see (D) Stock (dagger) note below Explanation of Responses: * Issued in connection with the acquisition by the Reporting Person of Issuer's 9.5% subordinated note in the principal amount of $2,500,000, without separate consideration. (dagger) Represents the maximum number of shares which can be acquired by the Reporting Person, actual numbers to be received will be based on the financial performance of the Issuer and proportion of funding provided by each of the Reporting Person and Japan Omnibus Ltd. pursuant to the Supplemental Securities Purchase Agreement dated August 14, 1997 by and among the Issuer, the Reporting Person and Japan Omnibus Ltd. ** Intentional misstatements or omissions of facts /s/ Michael M. Pralle August 15, 1997 constitute Federal Criminal Violations. ------------------------------------------------ --------------- See 18 U.S.C. 1001 and 15. U.S.C. 78ff(a). **Signature of Reporting Person Date Michael M. Pralle, Vice President Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
-----END PRIVACY-ENHANCED MESSAGE-----