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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)
NANTUCKET INDUSTRIES, INC.
(Name of Issuer)
Common Stock, $.10 par value per share
(Title of Class of Securities)
630183 10 1
(CUSIP Number of Class of Securities)
Glenn Weinman, Esq.
Guess ?, Inc.
1444 South Alameda Street
Los Angeles, California 90021
(213) 765-3100
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
with a copy to:
Jeffrey H. Cohen, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
300 South Grand Avenue, Suite 3400
Los Angeles, California 90071-3144
(213) 687-5000
December 19, 1997
(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Statement because of Rule 13d-1(b)(3) or (4), check the
following: ___
/ /
Check the following box if a fee is being paid with this
Statement: ___
/ /
CUSIP No. 630183 10 1 13D
- -------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
GUESS ?, Inc.
- -------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
---
(a)/X /
---
(b)/ /
- --------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ___
/ /
- ---------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ----------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 422,835
:------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING : -0-
PERSON WITH :------------------------
:
: (9) SOLE DISPOSITIVE
: 422,835
:------------------------
:
:(10) SHARED DISPOSITIVE
: -0-
- ---------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
422,835
- ----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 ___
EXCLUDES CERTAIN SHARES* /X /
---
- ----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13.1%
- ----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 630183 10 1 13D
- ---------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Maurice Marciano
- ---------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
---
(a)/X /
---
(b)/ /
- ---------------------------------------------------------------------------
(3) SEC USE ONLY
- ---------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
Not Applicable
- ---------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ___
/ /
- ---------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
FRANCE
- ---------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: - 0 -
:---------------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING : 422,835
PERSON WITH :---------------------------------
:
: (9) SOLE DISPOSITIVE
: - 0 -
:---------------------------------
:
:(10) SHARED DISPOSITIVE
: 422,835
- ---------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
422,835
- ---------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 ___
EXCLUDES CERTAIN SHARES* /X /
---
- ----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13.1%
- ----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 630183 10 1 13D
- ---------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Maurice Marciano Trust (1995 Restatement), formerly known as
the Maurice Marciano Trust Under Trust Dated 2/24/86
- ---------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
---
(a)/ X /
---
(b)/ /
- ---------------------------------------------------------------------------
(3) SEC USE ONLY
- ---------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
OO
- ---------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ___
/ /
- ---------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- ---------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: - 0 -
:------------------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING : 422,835
PERSON WITH :------------------------------------
:
: (9) SOLE DISPOSITIVE
: - 0 -
:------------------------------------
:
:(10) SHARED DISPOSITIVE
: 422,835
- ---------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
422,835
- ---------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 ____
EXCLUDES CERTAIN SHARES* / X /
----
- ---------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13.1%
- ---------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 630183 10 1 13D
- ---------------------------------------------------------------------------
1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
The Paul Marciano Trust Under Trust Dated 2/20/86
- ---------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
---
(a)/X /
---
(b)/ /
- ---------------------------------------------------------------------------
(3) SEC USE ONLY
- ---------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
Not Applicable
- ---------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ___
/ /
- ---------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- ---------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 89,166
:----------------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING : 422,835
PERSON WITH :----------------------------------
:
: (9) SOLE DISPOSITIVE
: 89,166
:----------------------------------
:
:(10) SHARED DISPOSITIVE
: 422,835
- ---------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
512,001
- ---------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 ___
EXCLUDES CERTAIN SHARES* /X /
---
- ---------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
15.8%
- ---------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 630183 10 1 13D
- ---------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Paul Marciano
- ---------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
---
(a)/X /
---
(b)/ /
- ---------------------------------------------------------------------------
(3) SEC USE ONLY
- ---------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
Not Applicable
- ---------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ___
/ /
- ---------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
FRANCE
- ---------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 89,166
:-----------------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING : 422,835
PERSON WITH :-----------------------------------
:
: (9) SOLE DISPOSITIVE
: 89,166
:-----------------------------------
:
:(10) SHARED DISPOSITIVE
: 422,835
- ---------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
512,001
- ---------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 ___
EXCLUDES CERTAIN SHARES* /X /
---
- ---------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
15.8%
- ---------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 630183 10 1 13D
- ---------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
The Armand Marciano Trust Under Trust Dated 2/20/86
- ---------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
---
(a)/X /
---
(b)/ /
- ---------------------------------------------------------------------------
(3) SEC USE ONLY
- ---------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
Not Applicable
- ---------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ___
/ /
- ---------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- ---------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 32,833
:-----------------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING : 422,835
PERSON WITH :-----------------------------------
:
: (9) SOLE DISPOSITIVE
: 32,833
:-----------------------------------
:
:(10) SHARED DISPOSITIVE
: 422,835
- ---------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
455,668
- ---------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 ___
EXCLUDES CERTAIN SHARES* /X /
---
- ---------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
14.1%
- ---------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 630183 10 1 13D
- ---------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Armand Marciano
- ---------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
---
(a)/X /
---
(b)/ /
- ---------------------------------------------------------------------------
(3) SEC USE ONLY
- ---------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
Not Applicable
- ---------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ___
/ /
- ---------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
FRANCE
- ---------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 32,833
:--------------------------------
:
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING : 422,835
PERSON WITH :--------------------------------
:
: (9) SOLE DISPOSITIVE
: 32,833
:--------------------------------
:
:(10) SHARED DISPOSITIVE
: 422,835
- ---------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
455,668
- ---------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 ____
EXCLUDES CERTAIN SHARES* / X /
----
- ---------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
14.1%
- ---------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
This Amendment No. 4 (the "Amendment No. 4") amends and
supplements the statement on Schedule 13D (the "Schedule 13D"), dated
August 19, 1994, as amended and supplemented by Amendment No. 1 to
Schedule 13D dated November 3, 1994, Amendment No. 2 to Schedule 13D,
dated December 4, 1994 and Amendment No. 3 to Schedule 13D, dated
December 16, 1997, relating to the common stock par value $.10 per share
(the "Common Stock" or the "Shares"), issued by Nantucket Industries,
Inc., a Delaware corporation (the "Company"), and is being filed pursuant
to Rule 13d-2 under the Securities Exchange Act of 1934, as amended (the
"Act").
Unless otherwise indicated, each capitalized term used but
not otherwise defined herein shall have the meaning assigned to such term
in the Schedule 13D. The information set forth in the Exhibits attached
hereto is hereby expressly incorporated herein by reference and the
response to each item of this statement is qualified in its entirety by
the provisions of such Exhibits.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 is hereby amended and supplemented as follows:
(a) By virtue of being a principal stockholder of Guess,
for the purposes of Section 13(d) of the Act, the Maurice Marciano Trust
may be deemed to indirectly beneficially own the 422,835 Shares owned by
Guess, or approximately 13.1% of the Shares outstanding for a total
beneficial ownership of 422,835 Shares or approximately 13.1% of the
Shares outstanding. Maurice Marciano is the sole trustee of the Maurice
Marciano Trust, and consequently may be deemed the indirect beneficial
owner of the 422,835 Shares owned by, or attributed to, such trust, or
approximately 13.1% of the Shares outstanding.
The Reporting Persons, in the aggregate, beneficially own
544,834 Shares, or approximately 16.8% of the Shares outstanding. Each of
the Reporting Persons disclaims beneficial ownership with respect to any
portion of such 544,834 Shares not described above as being beneficially
owned by it. The percentage of Shares outstanding reported as
beneficially owned by each Reporting Person herein on the date hereof is
based upon the 3,238,796 Shares outstanding as reported in the Company's
Quarterly Report on Form 10-Q for the period ended August 30, 1997.
(b) The Maurice Marciano Trust and Maurice Marciano, as sole
trustee of such trust, do not have sole voting and dispositive power over
any of the Shares owned by them, whether directly or indirectly
beneficially owned. By virtue of being a principal stockholder of Guess,
for the purposes of Section 13(d) of the Act, the Maurice Marciano Trust
may be deemed to share voting and dispositive power with respect to the
422,835 Shares owned by Guess, or approximately 13.1% of the Shares
outstanding. Maurice Marciano is the sole trustee of the Maurice Marciano
Trust, and consequently may be deemed to share voting and dispositive power
with respect to the 422,835 Shares attributed to such trust, or
approximately 13.1% of the Shares outstanding.
(c) On December 19, 1997, the Maurice Marciano Trust sold,
in open market transactions, 65,300 Shares at an average price of $0.31
per Share (exclusive of commissions). On December 19, 1997, the Maurice
Marciano Trust sold, in open market transactions, 9,366 Shares at an
average price of $0.38 per Share (exclusive of commissions). Except as
set forth in the preceding sentences, no transactions in Shares were
effected by the Reporting Persons or, to the best knowledge of the
Reporting Persons, any of the executive officers, directors or
controlling persons of the Reporting Persons since the filing of
Amendment No. 3 to the Schedule 13D.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Item 7 is hereby amended and supplemented as follows:
Exhibit 6 Joint Filing Agreement
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that this statement is true, complete and correct.
Dated: December 23, 1997
GUESS ?, INC.
By: /s/ GLENN WEINMAN
___________________________
Name: Glenn Weinman
Title: Corporate Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that this statement is true, complete and correct.
Dated: December 23, 1997
MAURICE MARCIANO TRUST
By: /s/ MAURICE MARCIANO
________________________________
Maurice Marciano, as Trustee of the
Maurice Marciano Trust (1995
Restatement)
/s/ MAURICE MARCIANO
___________________________________
MAURICE MARCIANO
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that this statement is true, complete and correct.
Dated: December 23, 1997
PAUL MARCIANO TRUST
By: /s/ PAUL MARCIANO
________________________________
Paul Marciano, as Trustee of the Paul
Marciano Trust Under Trust Dated
2/20/86
/s/ PAUL MARCIANO
______________________________
PAUL MARCIANO
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that this statement is true, complete and correct.
Dated: December 23, 1997
ARMAND MARCIANO TRUST
By: /s/ ARMAND MARCIANO
________________________________
Armand Marciano, as Trustee of the
Armand Marciano Trust Under Trust
Dated 2/20/86
/s/ ARMAND MARCIANO
_________________________________
ARMAND MARCIANO
EXHIBIT INDEX
Page No.
Exhibit 6 Joint Filing Agreement among the Reporting Persons 16
pursuant to Rule 13d-1(f)(1)(iii)
Exhibit 6
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities
Exchange Act of 1934, as amended, each of the persons named below agrees
to the joint filing on behalf of each of them of a Statement on Schedule
13D (including amendments thereto) with respect to the common stock, $.10
par value per share, of Nantucket Industries, Inc., a Delaware
corporation, and further agrees that this Joint Filing Agreement be
included as an exhibit to such filings provided that, as contemplated by
Section 13d-1(f)(1)(ii), no person shall be responsible for the
completeness or accuracy of the information concerning the other persons
making the filing, unless such person knows or has reason to believe that
such information is inaccurate. This Agreement may be executed in any
number of counterparts, all of which taken together shall constitute one
and the same instrument.
Dated: December 23, 1997
GUESS ?, INC. PAUL MARCIANO TRUST
By: /s/ PAUL MARCIANO
By: /s/ GLENN WEINMAN Paul Marciano, as Trustee of the
Name: Glenn Weinman Paul Marciano Trust Under Trust
Title: Corporate Secretary Dated 2/20/86
MAURICE MARCIANO TRUST /s/ PAUL MARCIANO
PAUL MARCIANO
By: /s/ MAURICE MARCIANO ARMAND MARCIANO TRUST
Maurice Marciano, as Trustee
of the Maurice Marciano Trust By: /s/ ARMAND MARCIANO
(1995 Restatement) Armand Marciano, as Trustee of the
Armand Marciano Trust Under Trust
Dated 2/20/86
/s/ MAURICE MARCIANO /s/ ARMAND MARCIANO
MAURICE MARCIANO ARMAND MARCIANO