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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 EFS8zyJWWH453ZYqIPCYjdg0JLDz7U4yKn2bQudOYJ+4Fk3Ch/771aFvXFJNgOpV
 pXQoKTnfSlxOsfwj1TTF1Q==

<SEC-DOCUMENT>0000910680-07-000528.txt : 20070608
<SEC-HEADER>0000910680-07-000528.hdr.sgml : 20070608
<ACCEPTANCE-DATETIME>20070608165957
ACCESSION NUMBER:		0000910680-07-000528
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070607
FILED AS OF DATE:		20070608
DATE AS OF CHANGE:		20070608

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JACLYN INC
		CENTRAL INDEX KEY:			0000052969
		STANDARD INDUSTRIAL CLASSIFICATION:	LEATHER & LEATHER PRODUCTS [3100]
		IRS NUMBER:				221432053
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		635 59TH STREET
		CITY:			WEST NEW YORK
		STATE:			NJ
		ZIP:			07093
		BUSINESS PHONE:		2018689400

	MAIL ADDRESS:	
		STREET 1:		5801 JEFFERSON STREET
		CITY:			WEST NEW YORK
		STATE:			NJ
		ZIP:			07093

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CHESTNOV ROBERT
		CENTRAL INDEX KEY:			0001052475

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05863
		FILM NUMBER:		07910466

	BUSINESS ADDRESS:	
		STREET 1:		C/O JACLYN INC
		STREET 2:		635 59TH STREET
		CITY:			WEST NEW YORK
		STATE:			NJ
		ZIP:			07093
		BUSINESS PHONE:		2127046393

	MAIL ADDRESS:	
		STREET 1:		635 59TH STREET
		CITY:			WEST NEW YORK
		STATE:			NJ
		ZIP:			07093
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>f4rchestnov060707_ex.xml
<DESCRIPTION>ROBERT CHESTNOV
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-06-07</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000052969</issuerCik>
        <issuerName>JACLYN INC</issuerName>
        <issuerTradingSymbol>JLN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001052475</rptOwnerCik>
            <rptOwnerName>CHESTNOV ROBERT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O JACLYN, INC</rptOwnerStreet1>
            <rptOwnerStreet2>197 WEST SPRING VALLEY AVENUE</rptOwnerStreet2>
            <rptOwnerCity>MAYWOOD</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07607</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $.01 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2007-06-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>17500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>7.70</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>127500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01 par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>45654</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Option to buy</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>7.70</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-06-07</value>
            </transactionDate>
            <deemedExecutionDate>
                <footnoteId id="F5"/>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>17500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2006-05-23</value>
            </exerciseDate>
            <expirationDate>
                <value>2016-05-22</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>17500</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Indirect shares include 372 shares owned by the Reporting Person's wife and 6,906 shares held by the undersigned's wife as
 custodian for their children.</footnote>
        <footnote id="F2">Indirect shares include 27,423 shares owned by a trust in which the Reporting Person is a co-trustee.</footnote>
        <footnote id="F3">Indirect shares exclude 3,500 shares owned by a charitable trust as to which the Reporting Person acts as co-trustee.</footnote>
        <footnote id="F4">Indirect shares include 10,953 shares held in an individual retirement account.</footnote>
        <footnote id="F5">Not applicable.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jaclyn Hartstein, Attorney-in-Fact</signatureName>
        <signatureDate>2007-06-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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