-----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, WWzESrGWJbljTpP265iiUkZw4PcG4Y3XKwjpnPCDgpPS+k0Dtlhb6h5Z7zBGkfDR g6jiYnU4JhVSiXfZwNzAPA== 0000921895-02-000206.txt : 20020425 0000921895-02-000206.hdr.sgml : 20020425 ACCESSION NUMBER: 0000921895-02-000206 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020425 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAYORS JEWELERS INC/DE CENTRAL INDEX KEY: 0000817946 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-JEWELRY STORES [5944] IRS NUMBER: 592290953 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39267 FILM NUMBER: 02620549 BUSINESS ADDRESS: STREET 1: 14051 NW 14TH ST CITY: SUNRISE STATE: FL ZIP: 33323 BUSINESS PHONE: 9548462719 MAIL ADDRESS: STREET 1: 13801 NW 14TH STREET CITY: SUNRISE STATE: FL ZIP: 33323 FORMER COMPANY: FORMER CONFORMED NAME: JAN BELL MARKETING INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STEEL PARTNERS II L P CENTRAL INDEX KEY: 0000915653 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 150 EAST 52ND STREET STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-813-1500 MAIL ADDRESS: STREET 1: 150 EAST 52ND STREET, 21ST FLOOR CITY: NY STATE: NY ZIP: 10022 SC 13D/A 1 form13da101874053_04222002.htm sec document

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                 --------------

                                  SCHEDULE 13D
                                 (Rule 13d-101)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
            TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
                                  RULE 13d-2(a)

                               (Amendment No. 1)1

                             MAYOR'S JEWELERS, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                         COMMON STOCK, $.0001 PAR VALUE
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    45076109
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

                              STEVEN WOLOSKY, ESQ.
                 OLSHAN GRUNDMAN FROME ROSENZWEIG & WOLOSKY LLP
                                 505 Park Avenue
                            New York, New York 10022
                                 (212) 753-7200
- --------------------------------------------------------------------------------
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                 April 17, 2002
- --------------------------------------------------------------------------------
             (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),  13d-1(f) or 13d-1(g),  check the
following box / /.

            Note.  Schedules  filed  in  paper  format  shall  include  a signed
original and five copies of the schedule, including all exhibits. See Rule 13d-7
for other parties to whom copies are to be sent.


                         (Continued on following pages)

                               (Page 1 of 6 Pages)

- --------------------

       1    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 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. 45076109                       13D             Page 2 of 6 Pages
- ------------------------------                           -----------------------


================================================================================
      1       NAME OF REPORTING PERSONS
              I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

                                STEEL PARTNERS II, L.P.
- --------------------------------------------------------------------------------
      2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*           (a) / /
                                                                         (b) / /
- --------------------------------------------------------------------------------
      3      SEC USE ONLY

- --------------------------------------------------------------------------------
      4      SOURCE OF FUNDS*
                         WC
- --------------------------------------------------------------------------------
      5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
             PURSUANT TO ITEM 2(d) OR 2(e)                                   / /
- --------------------------------------------------------------------------------
      6      CITIZENSHIP OR PLACE OF ORGANIZATION

                         DELAWARE
- --------------------------------------------------------------------------------
  NUMBER OF          7            SOLE VOTING POWER
   SHARES
BENEFICIALLY
  OWNED BY
    EACH                                       809,500
 REPORTING
PERSON WITH
             -------------------------------------------------------------------
                      8            SHARED VOTING POWER

                                               -0-
             -------------------------------------------------------------------
                      9            SOLE DISPOSITIVE POWER

                                               809,500
             -------------------------------------------------------------------
                      10           SHARED DISPOSITIVE POWER

                                               -0-
- --------------------------------------------------------------------------------
      11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                         809,500
- --------------------------------------------------------------------------------
      12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
             CERTAIN SHARES*                                                 / /
- --------------------------------------------------------------------------------
      13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                         4.2%
- --------------------------------------------------------------------------------
      14     TYPE OF REPORTING PERSON*

                         PN
================================================================================

            *SEE INSTRUCTIONS BEFORE FILLING OUT!



- ------------------------------                           -----------------------
CUSIP No. 45076109                       13D             Page 3 of 6 Pages
- ------------------------------                           -----------------------

================================================================================
      1     NAME OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

                               WARREN G. LICHTENSTEIN
- --------------------------------------------------------------------------------
      2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*           (a) / /
                                                                        (b) / /
- --------------------------------------------------------------------------------
      3     SEC USE ONLY

- --------------------------------------------------------------------------------
      4     SOURCE OF FUNDS*
                        OO
- --------------------------------------------------------------------------------
      5     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
            PURSUANT TO ITEM 2(d) OR 2(e)                                   / /
- --------------------------------------------------------------------------------
      6     CITIZENSHIP OR PLACE OF ORGANIZATION

                        USA
- --------------------------------------------------------------------------------
  NUMBER OF          7           SOLE VOTING POWER
   SHARES
BENEFICIALLY                                 809,500
  OWNED BY
    EACH
 REPORTING
PERSON WITH
            --------------------------------------------------------------------
                     8           SHARED VOTING POWER

                                             -0-
            --------------------------------------------------------------------
                     9           SOLE DISPOSITIVE POWER

                                             809,500
            --------------------------------------------------------------------
                     10          SHARED DISPOSITIVE POWER

                                              -0-
- --------------------------------------------------------------------------------
      11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                        809,500
- --------------------------------------------------------------------------------
      12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
            CERTAIN SHARES*                                                  / /
- --------------------------------------------------------------------------------
      13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                        4.2%
- --------------------------------------------------------------------------------
      14    TYPE OF REPORTING PERSON*

                        IN
================================================================================

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!

- ------------------------------                           -----------------------
CUSIP No. 45076109                       13D             Page 4 of 6 Pages
- ------------------------------                           -----------------------


            The following constitutes Amendment No. 1 ("Amendment No. 1") to the
Schedule 13D filed by the undersigned.  This Amendment No. 1 amends the Schedule
13D as specifically set forth.

      Item 3 is hereby amended and restated as follows:

Item 3.    Source and Amount of Funds or Other Consideration.
           -------------------------------------------------

            The aggregate  purchase  price of the 809,500 Shares of Common Stock
owned by Steel  Partners II is  $2,179,977.  The Shares of Common Stock owned by
Steel Partners II were acquired with partnership funds.

      Item 5(a) is hereby amended and restated as follows:

            The aggregate percentage of Shares of Common Stock reported owned by
each person named herein is based upon 19,490,418 Shares  outstanding,  which is
the  total  number of Shares of Common  Stock  outstanding  as  reported  in the
Issuer's  Quarterly Report on Form 10-Q for the thirteen weeks ended November 3,
2001.

            As of the close of business  on April 17,  2002,  Steel  Partners II
beneficially  owned 809,500 Shares of Common Stock,  constituting  approximately
4.2% of the Shares  outstanding.  Mr.  Lichtenstein  beneficially  owned 809,500
Shares,   constituting  approximately  4.2%  of  the  Shares  outstanding.   Mr.
Lichtenstein  has sole voting and dispositive  power with respect to the 809,500
Shares owned by Steel Partners II by virtue of his authority to vote and dispose
of such Shares. All of such Shares were acquired in open-market transactions.

      Item 5(c) is hereby amended to add the following:

            Schedule A annexed  hereto  lists all  transactions  in the Issuer's
Common Stock during the past sixty days by the  Reporting  Persons.  All of such
transactions were effected in the open market.

      Item 5(e) is hereby amended and restated as follows:

            The  Reporting  Persons  ceased to be five percent  (5%)  beneficial
owners of shares of Common Stock of the Issuer on April 17, 2002.



- ------------------------------                           -----------------------
CUSIP No. 45076109                       13D             Page 5 of 6 Pages
- ------------------------------                           -----------------------


                                   SIGNATURES
                                   ----------


            After  reasonable  inquiry  and to the  best  of his  knowledge  and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.


Dated:       April 17, 2002                   STEEL PARTNERS II, L.P.

                                              By:  Steel Partners, L.L.C.
                                                   General Partner


                                              By:  /s/ Warren G. Lichtenstein
                                                   ---------------------------
                                                   Warren G. Lichtenstein
                                                   Chief Executive Officer


                                              /s/ Warren G. Lichtenstein
                                              ---------------------------------
                                              WARREN G. LICHTENSTEIN



- ------------------------------                           -----------------------
CUSIP No. 45076109                       13D             Page 6 of 6 Pages
- ------------------------------                           -----------------------

                                   SCHEDULE A


               Transactions in the Shares During the Past 60 Days
               --------------------------------------------------

Shares of Common Stock              Price Per                    Date of
   Purchased/(Sold)                 Share($)                 Purchase/(Sale)
- ----------------------              ---------                ---------------

                            STEEL PARTNERS II, L.P.
                            -----------------------

        (55,000)                     1.03000                   (4/08/02)
        (37,300)                     1.04130                   (4/08/02)
     (1,100,000)                     1.00000                   (4/17/02)


                               WARREN LICHTENSTEIN
                               -------------------
                                      None

-----END PRIVACY-ENHANCED MESSAGE-----