-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001181431-05-007827.txt : 20050208
<SEC-HEADER>0001181431-05-007827.hdr.sgml : 20050208
<ACCEPTANCE-DATETIME>20050208153359
ACCESSION NUMBER:		0001181431-05-007827
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041225
FILED AS OF DATE:		20050208
DATE AS OF CHANGE:		20050208

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PLAYTEX PRODUCTS INC
		CENTRAL INDEX KEY:			0000842699
		STANDARD INDUSTRIAL CLASSIFICATION:	APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
		IRS NUMBER:				510312772
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1226

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 7016
		CITY:			DOVER
		STATE:			DE
		ZIP:			19903-1516
		BUSINESS PHONE:		2033414000

	MAIL ADDRESS:	
		STREET 1:		300 NYALA FARMS ROAD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PLAYTEX FP GROUP INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			EISENSON MICHAEL R
		CENTRAL INDEX KEY:			0001245724

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12620
		FILM NUMBER:		05583909

	MAIL ADDRESS:	
		STREET 1:		C/O CHARLESBANK CAPITAL PARTNERS
		STREET 2:		600 ATLANTIC AV 28TH FL
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>rrd67693.xml
<DESCRIPTION>FORM 5
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>5</documentType>

    <periodOfReport>2004-12-25</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <form3HoldingsReported>0</form3HoldingsReported>

    <form4TransactionsReported>1</form4TransactionsReported>

    <issuer>
        <issuerCik>0000842699</issuerCik>
        <issuerName>PLAYTEX PRODUCTS INC</issuerName>
        <issuerTradingSymbol>PYX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001245724</rptOwnerCik>
            <rptOwnerName>EISENSON MICHAEL R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>CHARLESBANK CAPITAL PARTNERS</rptOwnerStreet1>
            <rptOwnerStreet2>600 ATLANTIC AVENUE, 26TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02110-2203</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-10-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2915963</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2915963</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnotes</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On October 12, 2004, HWH Surplus Valentine Partners, L.P. (&quot;HWHSVP&quot;), a limited partnership in which Charlesbank Equity Fund II, Limited Partnership was a limited partner, dissolved and distributed the 2,915,963 shares of the Issuer's common stock previously held by HWHSVP to its partners, and its partners contributed such shares of Common Stock to a newly-formed limited liability company, Surplus Valentine, LLC, of which Charlesbank Equity Fund II, Limited Partnership is the managing member.  The number of shares of the Issuer's common stock which Charlesbank Equity Fund II, Limited Partnership received upon dissolution of HWHSVP and subsequently contributed to Surplus Valentine, LLC was 2,886,803.3.  No consideration was paid in connection with the distribution or received in connection with the contribution.</footnote>
        <footnote id="F2">Michael R. Eisenson is a non-employee director of the Issuer and is also a managing director and Chief Executive Officer of Charlesbank Capital Partners, LLC, which is the general partner of Charlesbank Equity Fund II GP, Limited Partnership.  Charlesbank Equity Fund II GP, Limited Partnership is the general partner of Charlesbank Equity Fund II, Limited Partnership.  Charlesbank Equity Fund II, Limited Partnership is the managing member of Surplus Valentine, LLC.</footnote>
        <footnote id="F3">In addition to Michael R. Eisenson, Kim G. Davis, Andrew S. Janower, Tim R. Palmer and Mark A. Rosen (collectively, the &quot;Managing Directors&quot;) are managing directors of Charlesbank Capital Partners, LLC.  The Managing Directors have shared voting and investment power with respect to the shares of common stock held by Surplus Valentine, LLC (together with Charlesbank Capital Partners, LLC, Charlesbank Equity Fund II GP, Limited Partnership and Charlesbank Equity Fund II, Limited Partnership, the &quot;Charlesbank Entities&quot;).</footnote>
        <footnote id="F4">The Managing Directors and the Charlesbank Entities may be deemed to share beneficial ownership of the shares of common stock, or portions thereof, and each of them disclaims his or its beneficial ownership, other than his or its pecuniary interest, therein.  Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the &quot;Act&quot;), this filing shall not be deemed an admission that any of them is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities of the issuer in excess of his or its pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Tami E. Nason, Attorney-in-Fact of the Reporting Person</signatureName>
        <signatureDate>2005-02-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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