U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 / / Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person MADDEN STEVEN (Last) (First) (Middle) 52-16 Barnett Avenue (Street) Long Island City, NY 11104 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol STEVEN MADDEN, LTD- SHOO 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 10/97 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person to Issuer (Check all applicable) /x/ Director /x/ 10% Owner /x/ Officer (give title below) / / Other (specify below) President and CEO Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 5. Amount of Secu- rities 4. Securities Acquired (A) Bene- 6. Ownership 2. Trans- 3. Trans- or Disposed of (D) ficially Form: action action (Instr. 3, 4 and 5) Owned at Direct 7. Nature of Date Code ----------------------------- End of (D) or Indirect (Month/ (Instr. 8) (A) Month Indirect Beneficial 1. Title of Security Day/ ------------- Amount or Price (Instr. (I) Ownership (Instr. 3) Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4) - ----------------------------- ---------- ------ ----- ------------ --- ---------- ----------- ------------- --------------- Common Stock, par value $.0001 10/15 S 11,100 D $7.21875 250,000 D Common Stock, par value $.0001 10/15 S 6,800 D $7.643 250,000 D Common Stock, par value $.0001 10/17 S 28,900 D $7.1875 250,000 D Common Stock, par value $.0001 10/17 S 15,000 D $7.00 250,000 D Common Stock, par value $.0001 10/20 S 67,000 D $7.00 250,000 D Common Stock, par value $.0001 10/20 S 35,000 D $7.00 250,000 D Common Stock, par value $.0001 10/20 S 12,300 D $7.0625 250,000 D Common Stock, par value $.0001 10/22 S 23,900 D $7.00 250,000 D Common Stock, par value $.0001 $1,284,816 I * Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) Explanation of Responses: * Mr. Madden is an affiliate of BOCAP Corp., which is the record owner is of 1,284,816 shares of Common Stock of Steven Madden, Ltd. /s/ Steven Madden 11/7/97 ---------------------------------- ------- **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be mannualy signed. If space provided is insufficient, see instruction 6 for procedure.
2. Conver- 5. Number of Deriv- 6. Date Exercisable sion or 3. Trans- ative Securities and Expiration Date Exercise action 4. Transac- Acquired (A) or (Month/Day/Year) Price of Date tion Code Disposed of (D) ---------------------- Deriv- (Month/ (Instr. 8) (Instr. 3, 4, and 5) Date 1. Title of Derivative Security ative Day/ ------------- -------------------------- Exercis- Expiration (Instr. 3) Security Year) Code V (A) (D) able Date - ---------------------------------------- ----------- ---------- ------ ----- ------------ ------------ ---------- ---------- Options $1.75 10/15 C 200,000 3/23/95 3/23/99 Options $3.31 8/3/98 7/30/07 Options $5.50 7/15/98 7/15/07 Options $5.50 6/1/97 5/31/05 Options $6.00 7/3/98 1/2/00 Options $6.00 7/3/98 1/2/00 9. Number of 10. Ownership Derivative Form of Securities Derivative 7. Title and Amount of Underlying Benefi- Security: Securities (Instr. 3 and 4) cially Direct 11. Nature of ---------------------------------------- 8. Price of Owned at (D) or Indirect Amount or Derivative End of Indirect Beneficial 1. Title of Derivative Title Number of Security Month (I) Ownership Security (Instr. 3) Shares (Instr. 5) (Instr. 4) (Instr. 4) (Instr. 4) - --------------------------- --------------------------- ----------- ------------- ------------- -------------- --------------- Options Common Stock 200,000 600,000 D Options Common Stock 500,000 500,000 D Options Common Stock 20,000 20,000 D Options Common Stock 20,000 20,000 D Options Common Stock 20,000 20,000 D Options Common Stock 20,000 20,000 D