-----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, VeeCGcYhEpgW+XADBd/Nk2t0b5MlKuwNbChobIdonnl9Yz6obRZnE23qzdQAzto9 137/o/z7CdKCpU7F7ZIk+Q== 0000874963-96-000014.txt : 19971103 0000874963-96-000014.hdr.sgml : 19971103 ACCESSION NUMBER: 0000874963-96-000014 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19960214 DATE AS OF CHANGE: 19971030 SROS: NASD GROUP MEMBERS: D.H. BLAIR HOLDINGS, INC. GROUP MEMBERS: D.H. BLAIR INVESTMENT BANKING CORP. GROUP MEMBERS: DAVIS J MORTON SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BRADLEY PHARMACEUTICALS INC CENTRAL INDEX KEY: 0000864268 STANDARD INDUSTRIAL CLASSIFICATION: 2834 IRS NUMBER: 232581418 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-43138 FILM NUMBER: 96519337 BUSINESS ADDRESS: STREET 1: 383 RTE 46 WEST CITY: FAIRFIELD STATE: NJ ZIP: 07004 BUSINESS PHONE: 9738821505 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DAVIS J MORTON CENTRAL INDEX KEY: 0000900184 STANDARD INDUSTRIAL CLASSIFICATION: FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 44 WAY STREET STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 MAIL ADDRESS: STREET 1: 44 WALL STREET STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 SC 13G/A 1 AMENDED SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.____3_______)* Bradley Pharmaceuticals, Inc. ----------------------------------------------------- (Name of Issuer) Class A Common Stock, no par value ------------------------------------------------------------- (Title of Class of Securities) 104576103 ----------------------------------------------------- (CUSIP Number) Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) *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 the disclosures provided in a prior cover page. The information required in 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). CUSIP No. 104576103 13G Page 2 of 8 Pages - - - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON J. Morton Davis - - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - - - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 569,920 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 0 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 569,920 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - - - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 569,920 - - - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - - - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% - - - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT CUSIP No. 104576103 13G Page 3 of 8 Pages - - - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON D.H. Blair Holdings, Inc. - - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - - - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 512,920 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 512,920 - - - ---------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 512,920 - - - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - - - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.3% - - - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* HC - - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT CUSIP No. 104576103 13G Page 4 of 8 Pages - - - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON D.H. Blair Investment Banking Corp. - - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - - - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 512,920 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 512,920 - - - ---------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 512,920 - - - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - - - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.3% - - - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* BD - - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 5 of 8 Pages Item 1. (a) Name of Issuer: Bradley Pharmaceuticals, Inc. (b) Address of Issuer's Principal Executive Offices: 383 Route 46 West Fairfield, New Jersey 07004 Item 2. (a) Name of Person Filing: J. Morton Davis, D.H. Blair Holdings, Inc. ("Blair Holdings'), and D.H. Blair Investment Banking Corp. ("Blair Investment") (1). See attached Exhibit A which is a copy o ftheir agreement in writing to file this statement on behalf of each of them. (b) Address of Principal Business Office: Mr. Davis', Blair Holdings', and Blair Investment's business address is 44 Wall Street, New York, New York 10005. (c) Citizenship: Mr. Davis is a United States citizen. Blair Holdings and Blair Investment are incorporated in the State of Delaware. (d) Title of Class of Securities: Class A Common Stock, no par value ("shares") (e) CUSIP Number: 104576103 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [X] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act (d) [ ] Investment Company registered under section 8 of the Investment Company Act (e) [ ] Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with Section 240.13d-1(b)(1)(ii)(G) (h) ( ) Group, in accordance with Section 240.13d- 1(b)(1)(ii)(H) ______________________________________________________________________________ (1) J. Morton Davis is the sole shareholder and Chairman of the Board of Blair Holdings. Blair Holdings is the parent company and sole shareholder of Blair Investment. Page 6 of 8 Pages Item 4. Ownership. (a) (b) As of December 31, 1995, Mr. Davis may be deemed to beneficially own 569,920 shares or 8.2% of the Issuer's shares. Of these shares, (i) 21,000 shares underlie a Unit Purchase Option to purchase 3,000 Units (2) at $8.10 per Unit owned directly by Mr. Davis and exercisable through November 12, 1996; (ii) 36,000 shares underlie a Unit Purchase Option to purchase 1 Unit (3) at $45,000 per Unit owned directly by Mr. Davis and exercisable through December 10, 1998; (iii) 200,970 shares underlying a Unit Purchase Option to purchase 28,710 Units (2) at $8.10 per Unit owned directly by Blair Investment and exercisable through November 12, 1996; (iv) 235,800 shares underlying a Unit Purchase Option to purchse 6.55 Units (3) at $45,000 per Unit owned directly by Blair Investment exercisable through December 10, 1998; (v) 65,150 shares underlying 65,150 Class B Warrants owned directly by Blair Investment; and (vi) 11,000 shares owned directly by Blair Investment. As of December 31, 1995, Blair Holdings and Blair Investment may be deemed to beneficially own 511,920 shares or 6.3% as indicated in (iii) - (vi) above. (c) Mr. Davis has sole power to vote or to direct the vote, to dispose or to direct the disposition of those shares owned by Blair Investment. He has sole voting and dispositive power over those shares owned directly by him. Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. By signing below we certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. ______________________________________________________________________________ (2) Each Unit consists of two shares, two Class A Warrants and one Class B Warrant. Each Class A Warrant entitles the holder thereof to purchase at $4.50 until November 12, 1996 one share and one Class B Warrant. Each Class B Warrant entitles the holder thereof to purchase one share at an exercise price of $6.75 per share until November 12, 1996. (3) Each Unit consists of 24,000 shares and 12,000 Class D Warrants. Each Class D Warrant is exercisable to purchase one share at an exercise price of $3.00 through December 10, 1998. Page 7 of 8 pages Signature. After reasonable inquiry and to the best of my knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: February 14, 1996 By: /s/ J. Morton Davis ------------------------------- J. Morton Davis Date: February 14, 1996 D.H. Blair Holdings, Inc. By: /s/ David Nachamie ------------------------------- David Nachamie Treasurer Date: February 14, 1996 D.H. Blair Investment Banking Corp. By: /s/ David Nachamie ------------------------------- David Nachamie Treasurer EX-99 2 AGREEMENT EXHIBIT A AGREEMENT JOINT FILING OF SCHEDULE 13G The undersigned hereby agree to jointly prepare and file with regulatory authorities a Schedule 13G and any future amendments thereto reporting each of the undersigned's ownership of securities of Bradley Pharmaceuticals, Inc., and hereby affirm that such Schedule 13G is being filed on behalf of each of the undersigned. Date: February 14, 1996 By: /s/ J. Morton Davis ------------------------------- J. Morton Davis Date: February 14, 1996 D.H. Blair Holdings, Inc. By: /s/ David Nachamie ------------------------------- David Nachamie Treasurer Date: February 14, 1996 D.H. Blair Investment Banking Corp. By: /s/ David Nachamie ------------------------------- David Nachamie Treasurer -----END PRIVACY-ENHANCED MESSAGE-----