UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G/A
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No.4)(1)
Tarrant Apparel Group
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
876289 109
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(CUSIP Number)
December 2, 2004
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[X] Rule 13d-1(d)
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(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 the disclosures provided in a prior cover page.
The information required in 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).
Page 1 of 5
CUSIP No. 876289 109 13G/A Page 2 of 5 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Gerard Guez
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 11,963,084(1)(3)
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 11,963,084(1)(2)(3)
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 0
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,963,084(1)(2)(3)
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
39.1% (4)
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) Includes 461,518 shares held by GKT Investments, LLC, a Delaware limited
liability company owned 100% by the Reporting Person.
(2) The Reporting Person has pledged an aggregate of 3,394,851 of such shares
to financial institutions to secure the repayment of loans to the Reporting
Person or corporations controlled by the Reporting Person.
(3) Includes 1,766,668 shares which may be acquired by the Reporting Person
upon exercise of stock options.
(4) Based on a total of 28,814,763 shares of the issuer's Common Stock issued
and outstanding on November 12, 2004, as reported on the Issuer's Quarterly
Report on Form 10-Q filed on November 15, 2004.
Page 2 of 5
CUSIP No. 876289 109 13G/A Page 3 of 5 Pages
Item 1(a). Name of Issuer:
Tarrant Apparel Group
____________________________________________________________________
Item 1(b). Address of Issuer's Principal Executive Offices:
3151 East Washington Boulevard
Los Angeles, California 90023
____________________________________________________________________
Item 2(a). Name of Person Filing:
Gerard Guez
____________________________________________________________________
Item 2(b). Address of Principal Business Office, or if None, Residence:
3151 East Washington Boulevard
Los Angeles, California 90023
____________________________________________________________________
Item 2(c). Citizenship:
U.S.A.
____________________________________________________________________
Item 2(d). Title of Class of Securities:
Common Stock, no par value
____________________________________________________________________
Item 2(e). CUSIP Number:
876289 109
____________________________________________________________________
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b),
Check Whether the Person Filing is a:
Not Applicable
____________________________________________________________________
Item 4. Ownership:
Included in rows 5 through 9 and 11 on page 2.
____________________________________________________________________
Item 5. Ownership of Five Percent or Less of a Class:
Not Applicable
____________________________________________________________________
Item 6. Ownership of More Than Five Percent on Behalf of Another Person:
Not Applicable
____________________________________________________________________
Page 3 of 5
CUSIP No. 876289 109 13G/A Page 4 of 5 Pages
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company:
Not Applicable
_______________________________________________________________________
Item 8. Identification and Classification of Members of the Group:
Not Applicable
_______________________________________________________________________
Item 9. Notice of Dissolution of Group:
Not Applicable
_______________________________________________________________________
Item 10. Certification:
Not Applicable
_______________________________________________________________________
Page 4 of 5
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
December 2, 2004
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(Date)
/s/ Gerard Guez
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(Signature)
Gerard Guez
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(Name/Title)
Page 5 of 5