Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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- Peter Lynch
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UNITED STATES | ||
SECURITIES AND EXCHANGE COMMISSION | ||
Washington, D.C. 20549 | ||
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 16)*
Guess?, Inc. (Name of Issuer) | ||
Common Stock
(Title of Class of Securities)
401617 10 5
(CUSIP Number)
Maurice Marciano
Guess?, Inc.
1444 South Alameda Street
Los Angeles, CA 90021
(213) 765-3100
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
August 29, 2020 (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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. ¨ | ||
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. | ||
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). | ||
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CUSIP No. 401617 10 5 | ||||||||
1. | Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Maurice Marciano | |||||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||||
(a) | o | |||||||
(b) | o | |||||||
3. | SEC Use Only | |||||||
4. | Source of Funds (See Instructions) | |||||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) | |||||||
Item 2(d) | o | |||||||
Item 2(e) | o | |||||||
6. | Citizenship or Place of Organization Republic of France | |||||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power None | ||||||
8. | Shared Voting Power 10,279,989 | |||||||
9. | Sole Dispositive Power None | |||||||
10. | Shared Dispositive Power 11,614,680 | |||||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 12,124,351 (1) | |||||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||||
13. | Percent of Class Represented by Amount in Row (11) 19.0% (2) | |||||||
14. | Type of Reporting Person (See Instructions) IN | |||||||
______________________
(1) Includes 11,443,331 shares which are also deemed to be beneficially owned by the Reporting Person’s brother, Paul Marciano, and includable in reports on Schedule 13D filed by Paul Marciano.
(2) Based on 63,676,999 shares of Common stock outstanding on August 29, 2020 according to information provided by the Issuer, including adjustments to reflect options exercisable within 60 days.
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This Amendment No. 16 to Schedule 13D amends or amends and restates, where indicated, the statement on Schedule 13D relating to the Common Stock of the Issuer filed by Maurice Marciano with the Securities and Exchange Commission on June 10, 2003, as amended by filings on June 21, 2004, July 8, 2004, October 21, 2004, May 15, 2006, February 20, 2007, July 23, 2007, October 18, 2007, April 23, 2008, January 29, 2010, April 27, 2010, August 8, 2011, September 19, 2012, February 6, 2014, August 5, 2014 and May 14, 2019. Capitalized terms used in this Amendment No. 16 but not otherwise defined herein have the meanings given to them in the initial Schedule 13D.
This Amendment No. 16 is being made to reflect an increase in the percentage of shares of Guess?, Inc. beneficially owned by Maurice Marciano, due primarily to a reduction in the total number of Guess?, Inc. shares outstanding as a result of share repurchases by Guess?, Inc. Except as otherwise set forth herein, this Amendment No. 16 does not modify any of the information previously reported by Maurice Marciano in the Schedule 13D as amended to date.
Item 5. Interest in Securities of the Issuer
(a) As of September 2, 2020, Maurice Marciano may be deemed to beneficially own 12,124,351 shares of Common Stock which represents 19.0% of the 63,676,999 shares of the Common Stock that would be outstanding if he were to exercise all options exercisable within 60 days. The aggregate number of shares beneficially owned by the Reporting Person includes 11,443,331 shares which are also deemed to be beneficially owned by the Reporting Person’s brother, Paul Marciano, and includable in reports on Schedule 13D filed by Paul Marciano.
(b) The breakdown of voting and investment power is as follows:
Holding | Number of Shares | Voting Power | Investment Power | ||||
Maurice Marciano | 8,294 | (1) | Shared | Shared | |||
Maurice Marciano Trust | 4,598,087 | (1) | Shared | Shared | |||
Maurice Marciano Gift Trust FBO Caroline Marciano | 70 | Shared | Shared | ||||
Maurice Marciano Special Exempt Trust | 349,491 | (1) | None | Shared | |||
Carolem Capital, LLC | 1,500,000 | (1) | Shared as to 375,000, none as to 1,125,000 | Shared | |||
G Financial Holdings, LLC | 170,666 | (1)(2) | Shared | None | |||
G Financial Holdings II, LLC | 339,005 | (1)(2) | Shared | None | |||
Next Step Capital, LLC | 103,801 | (1) | Shared as to 11,400, none as to 92,401 | Shared | |||
Next Step Capital II, LLC | 554,940 | (1) | Shared as to 277,470, none as to 277,470 | Shared | |||
Maurice Marciano Family Foundation | 50,000 | (3) | Shared | Shared | |||
MM CRUT, LLC | 1,955,000 | (1) | Shared | Shared | |||
MM CRUT II, LLC | 230,365 | Shared | Shared | ||||
Maurice Marciano Charitable Remainder Unitrust II | 1,797,522 | (1) | Shared | Shared | |||
G2 Trust | 264,384 | (2) | Shared | Shared | |||
Exempt G2 Trust | 136,201 | (2) | Shared | Shared | |||
Options exercisable by Maurice Marciano within 60 days | 66,525 | (1) | Shared | Shared | |||
______________________
(1) | Includes shares which are also deemed to be beneficially owned by the Reporting Person’s brother, Paul Marciano, and includable in reports on Schedule 13D filed by Paul Marciano. |
(2) | The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. |
(3) | The Reporting Person has no pecuniary interest in these shares, which are owned by a non-profit corporation. |
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(c) During the past sixty days, Maurice Marciano has not acquired or disposed of any shares of Common Stock of Guess?, Inc. This Amendment No. 15 is being made to reflect an increase in the percentage of shares of Guess?, Inc. beneficially owned by Maurice Marciano, due primarily to a reduction in the total number of Guess?, Inc. shares outstanding as a result of share repurchases by Guess?, Inc.
(d) See Item 5(b).
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: September 2, 2020
/s/ Jason Miller (as attorney-in-fact for Maurice Marciano) | |
Signature of Reporting Person | |
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