4 1 form4kim.htm STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Form 4 Form 4

FORM 4

 
 
 
UNITED STATES 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(h) of the Investment Company Act of 1940

   Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

(Print or Type Responses)

OMB APPROVAL

OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden
hours per response. . . . 0.5
 
1. Name and Address of Reporting Person*

Kimmel, Sidney

2. Issuer Name and Ticker or Trading Symbol 

Jones Apparel Group, Inc. (NYSE:JNY)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)

  X    Director       10% Owner

  X    Officer (give title below)       Other (specify below)

Chairman

(Last)     (First)     (Middle)

1411 Broadway

3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 4. Statement for Month/Day/Year 

11/20/02

(Street)

New York, New York  10018

 

5. If Amendment, Date of Original (Month/Day/Year) 7. Individual or Joint/Group Filing (Check Applicable Line)

  X   Form filed by One Reporting Person

        Form filed by More than One Reporting Person

(City)     (State)     (Zip)
Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date
(Month/Day /Year)

 

2A. Deemed Execution Date, if any (Month/Day /Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership
(Instr. 4)

 

Code V Amount (A) or (D) Price
Common Stock 11/20/02 11/20/02 M   133,334 A $29.1875
Common Stock 11/20/02 11/20/02 S   33,334 D $35.35
Common Stock 11/20/02 11/20/02 S 100,000 D $35.60  2,027,529 I RIP Investments LP

                                                                                                                Page 1 of 2
Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr.3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day
/Year)
3A. Deemed Execution Date, if any (Month/Day
/Year)
4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exerciseable and Expiration Date (Month/Day/Year) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Securities: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock $29.1875 11/20/02 11/20/02 M     133,334 (1) 12/18/10 Common Stock 133,334 N/A 266,666 D  
                               
                               
                               
                               
                               
                               
                               
                               
                               
Explanation of Responses:
(1) Vests in one-third increments annually beginning 12/18/01.

/s/ Sidney Kimmel

11/21/02
**Signature of Reporting Person Date

 

Page 2 of 2

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** 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, on of which must be manually signed. If space is insufficient, see Instruction 6 for procedure