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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
------ WASHINGTON, D.C. 20549 --------------------------------
OMB Number: 3235-0287
[ ] Check this box if no longer STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: January 31, 2005
subject to Section 16. Form 4 Estimated average burden
or Form 5 obligations may hours per response..........0.5
continue. See Instruction 1(b) --------------------------------
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(h) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting
Person to Issuer
(Check all applicable)
Koppelman Charles Steven Madden, Ltd.; SHOO
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(Last) (First) (Middle) 3. IRS Identifi- 4. Statement for Month/Day/Year [X] Director [ ] 10% Owner
cation Number [ ] Officer [ ] Other
of Reporting 03/14/2003 (give title (specify below)
Person, if an 03/17/2003 below)
entity
c/o Steven Madden, Ltd. (voluntary)
52-16 Barnett Avenue
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(Street) 5. If Amendment, Date of 7. Individual or Joint/Group Filing
Original (Month/Day/Year) (check applicable line)
[X] Form Filed by One Reporting Person
[ ] Form Filed by More than One
Long Island City, NY 11104 Reporting Person
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(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title 2. Trans- 2A.Deemed 3.Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership Form: 7. Nature of
of action Execution action or Disposed of (D) Securities Direct (D) or Indirect
Security Date Date,if Code (Instr. 3,4 and 5) Beneficially Indirect (I) Beneficial
(Instr.3) any (Instr.8) Owned Following (Instr. 4) Ownership
(Month/Day/ Reported (Instr. 4)
(Month/ Year) Transaction(s)
Day/Year) (Instr. 3 and 4)
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Code V Amount (A) or (D) Price
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Common Stock, 03/14/03 03/14/03 P 75,000(1) (A) $7.00 257,500 (2) (2) (2)
par value
$0.0001 per share
("Common Stock")
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Common Stock 03/17/03 03/17/03 S 25,000 (D) $16.2494 257,500 (2) (2) (2)
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FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(E.G., puts, calls, warrants, options, convertible securities)
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1. Title of 2. Conversion 3. Transaction 3A.Deemed 4. Transaction 5. Number of
Derivative or Exercise Date Execution Code Derivative
Security Price of (Month/Day/ Date, if (Instr. 8) Securities
(Instr. 3) Derivative Year) any Acquired (A)
Security (Mo/Dy/Yr) or Disposed
of (D)
(Instr. 3, 4,
and 5)
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Code V (A) (D)
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FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(E.G., puts, calls, warrants, options, convertible securities)
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6. Date 7. Title and Amount 8. Price of 9. Number of 10. Ownership 11. Nature of
Exercisable of Underlying Derivative Derivative Form of Indirect
and Expiration Securities Security Securities Derivative Beneficial
Date (Instr. 3 and 4) Beneficially Security: Ownership
(Month/Day/Year) (Instr. 5) Owned Follow- Direct (D) or (Instr. 4)
ing Reported Indirect (I)
Transactions(s) (Instr. 4)
(Instr. 4)
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Amount
Date Expir- or
Exer- ation Number
cisable Date Title of Shares
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Explanation of Responses:
(1) The Reporting Person exercised options to purchase 75,000 shares of
Common Stock at an exercise price of $7.00 per share, which exercise
was made as of March 14, 2003, which options had been previously
granted to the Reporting Person.
(2) As of March 17, 2003 (after giving effect to the transactions reported
on this Form 4), the Reporting Person held 57,500 shares of Common
Stock directly and held options to purchase 200,000 shares of Common
Stock.
/s/ Charles Koppelman March 18, 2003
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**Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see
Instruction 4(b)(v).
** 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 manually
signed. If space is insufficient, see Instruction 6 for procedure.
2