-----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, Sg7FWAOwM7sI133f9gjT7GNaHLyAjB2HAFQ6O2VCJr/rLg9TxO7tC7QBqRQEziTX 2aOjAWsGIt+z7xxBRVwcfw== 0000896265-00-000010.txt : 20000203 0000896265-00-000010.hdr.sgml : 20000203 ACCESSION NUMBER: 0000896265-00-000010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991101 FILED AS OF DATE: 20000125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PILLOWTEX CORP CENTRAL INDEX KEY: 0000896265 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED TEXTILE PRODUCTS [2390] IRS NUMBER: 752147728 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-11756 FILM NUMBER: 512858 BUSINESS ADDRESS: STREET 1: 4111 MINT WAY CITY: DALLAS STATE: TX ZIP: 75237 BUSINESS PHONE: 2143333225 MAIL ADDRESS: STREET 1: 4111 MINT WAY CITY: DALLAS STATE: TX ZIP: 75237 FORMER COMPANY: FORMER CONFORMED NAME: PILLOWTEX CORP DATE OF NAME CHANGE: 19930125 COMPANY DATA: COMPANY CONFORMED NAME: MCHUGH M JOSEPH CENTRAL INDEX KEY: 0001103888 STANDARD INDUSTRIAL CLASSIFICATION: [] OWNER FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: CO/PILLOWTEX CORP STREET 2: 4111 MINT DR CITY: DALLAS STATE: TX ZIP: 75237 BUSINESS PHONE: 2143333225X157 MAIL ADDRESS: STREET 1: CO/PILLOWTEX CORP STREET 2: 4111 MINT DR CITY: DALLAS STATE: TX ZIP: 75237 4 1


FORM 4

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

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(f) of the Investment Company Act of 1940


OMB APPROVAL


OMB No.      3235-0362
Expires:        9/30/98
Estimated average burden
hours per response:    1.0


(Print or Type Response)

1.  Name and Address of Reporting Person*

   McHugh      M.       Joseph
    (Last)         (First)       (Middle)


          4111 Mint Way

2.  Issuer Name and Ticker or Trading Symbol

   Pillowtex Corporation    (PTX)

3.  IRS or Social Security Number of
     Reporting Persons (Voluntary)
         ###-##-####

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

    X     Director                    10% Owner
    X     Officer                      Other (specify
                                               below)
               Interim Chief Financial Officer

            (Street)

    Dallas         Texas        75237

4.  Statement for Month/Year
        November 1999

7.  Individual or Joint/Group Filing (Check Applicable)
    X     Form filed by One Reporting Person
           Form filed by More than One Reporting Person

    (City)        (State)        (Zip)

5.  If Amendment, Date of Original
    (Month/Year)

  

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.  Title of Security

2. Trans-
   action
   Date

 (Month/
  Day/
  Year)

3. Transaction
   Code
  (Instr. 8)



Code          V

4. Securities Acquired (A)
   or Disposed of (D)
   (Instr. 3, 4 and 5)



Amount     (A) or (D)       Price

5. Amount of
  Securities
  Beneficially
  Owned at
  End of
  Month
(Instr. 3 and 4)

6. Ownership
   Form:
   Direct (D)
   or Indirect
   (I)

  (Instr. 4) 

7. Nature of
   Indirect
   Bene-
   ficial
  Ownership

   (Instr. 4)
             
             
             
             
             

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).


Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title
of Deriv-
ative Sec-
urity
(Instr. 3)

2. Conver-
  sion or
  Exercise
  Price of
  Deriv-
  ative
  Security

3. Trans-
  action
  Date


  (Month/
  Day/
  Year)

4. Transac-
  Code
  (Instr. 8)








Code       V

5. Number
of Deriv-
ative secur-
ities Acq-
quired (A)
or Disposed
of (D)
(Instr. 3, 4
and 5)


(A)          (D)

6. Date Exer-
 cisable and Ex-
 piration Date

 (Month/Day/
  Year)



Date         Expira-
Exer-         tion
siable         Date

7. Title and Amount
of Underlying Sec-
urities
(Instr. 3 and 4)




                   Amount
                   or Num-
                   ber of
Title              Shares

8. Price
of
Deriv-
ative
Secur-
ity
(Instr.
5)

9. Num-
ber of
Deriva-
tive Secur-
ities
Bene-
ficially
Owned
at End
of
Month
(Instr. 4)

10. Own-
ership
Form of
Deriva-
tive Secu-
rity:
Direct
(D) or
Indirect
(i)
Instr. 4

11. Na-
ture of
Indirect
Benefi-
cial Owner-
ship
(Instr. 4).

Director
Stock
Option




$4.5625




11/09/99




A       V




50,000


11/09/2000
thru
11/08/2009



Common
Stock       50,000




$4.5625




62,072




D

  

(right to
buy) (1)



                 



                   


                   


                   

Explanation of Responses:
(1)  Director stock option granted to reporting person under the 1993 Pillowtex Corporation Stock Option Plan,
     vesting prorata over four years beginning on the first anniversary date of each grant.

** Intentional misstatements or omission of facts constitute Federal Criminal
Violations. See 18 U.S. 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 procedures.
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.


__ /s/ M. Joseph McHugh __________                         11/22/99
    **Signature of Reporting Person                                   Date
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