-----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, DHyNsZJWTYi97yroiVB3QXKix0hI43+f+C04L/qtFSRxKlgFNgjJ0pn1Nr7JD6D2 8MaDjY6+lU06auh3CdBN1Q== 0000051964-03-000004.txt : 20030210 0000051964-03-000004.hdr.sgml : 20030210 20030210104653 ACCESSION NUMBER: 0000051964-03-000004 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FINLAY ENTERPRISES INC /DE CENTRAL INDEX KEY: 0000878731 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-JEWELRY STORES [5944] IRS NUMBER: 133492802 STATE OF INCORPORATION: DE FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-48040 FILM NUMBER: 03546161 BUSINESS ADDRESS: STREET 1: 529 FIFTH AVE STREET 2: 5TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2123827400 MAIL ADDRESS: STREET 1: 529 5TH AVENUE STREET 2: 5TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INVESTMENT COUNSELORS OF MARYLAND INC CENTRAL INDEX KEY: 0000051964 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 520953533 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 803 CATHEDRAL ST CITY: BALTIMORE STATE: MD ZIP: 21201 BUSINESS PHONE: 4105393838 MAIL ADDRESS: STREET 1: 803 CATHEDRAL STREET CITY: BALTIMORE STATE: MD ZIP: 21201 SC 13G 1 finlay.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. _1_)* Finlay Enterprises Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 317884203 (Cusip Number) *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). SCHEDULE 13G CUSIP No. 317884203 Page 2 of 6 Pages 1. NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Investment Counselors of Maryland, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Maryland 5. SOLE VOTING POWER NUMBER OF SHARES 389,925 BENEFICIALLY 6. SHARED VOTING POWER OWNED BY EACH 177,100 REPORTING 7. SOLE DISPOSITIVE POWER PERSON 537,025 WITH 8. SHARED DISPOSITIVE POWER 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 537,025 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.74% of Common Stock 12. TYPE OF REPORTING PERSON* IA CUSIP No. 317884203 Page 3 of 6 Pages Item 1(a) Name of Issuer: Finlay Enterprises Inc. (b) Address of Issuer's Principal Executive Offices 529 Fifth Avenue New York, NY 10017 Item 2(a) Name of Person Filing: Investment Counselors of Maryland, LLC (b) Address of Principal Business Office or, if none, Residence: 803 Cathedral Street Baltimore, Maryland 21201-5297 (c) Citizenship: Maryland (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 317884203 Item 3: Capacity in Which Person is Filing: [x] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. CUSIP No. 317884203 Page 4 of 6 Pages Item 4: Ownership: As of February 6, 2003: (a) Amount Beneficially Owned: 537,025 (b) Percent of class: 5.74% (c) Number of shares to which such person has: (i) Sole power to vote or to direct the vote: 389,925 (ii) Shared power to vote or to direct the vote: 147,100 (iii)Sole power to dispose or to direct the disposition of: 537,025 (iv) Shared power to dispose or to direct the disposition of: Item 5: Ownership of Five Percent of Less of Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. [ ] Not applicable. CUSIP No. 317884203 Page 5 of 6 Pages Item 6: Ownership of More than Five Percent on Behalf of Another Person: All of the shares of Common Stock set forth in Item 4 are owned by various investment advisory clients of Investment Counselors of Maryland, LLC, which is deemed to be a beneficial owner of those shares pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, due to its discretionary power to make investment decisions over such shares for its clients and its ability to vote such shares. In all cases, persons other than Investment Counselors of Maryland, LLC have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of the shares. No individual client holds more than five percent of the class. 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 CUSIP No. 317884203 Page 6 of 6 Pages Item 10: Certification: By signing below I 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 in connection with or as a participant in any transaction having such purposes or effect. 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. Investment Counselors of Maryland, LLC By: /s/ Robert D. McDorman, Jr. Robert D. McDorman, Jr. Principal Date: 2/06/03 -----END PRIVACY-ENHANCED MESSAGE-----