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|FORM 4|                                                  OMB APPROVAL
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                                                  OMB Number:         3235-0287
[ ] CHECK THIS BOX IF NO LONGER SUBJECT           Expires:     January 31, 2005
    TO SECTION 16. FORM 4 OR FORM 5               Estimated average burden
    OBLIGATIONS MAY CONTINUE.  SEE                hours per response........0.5
    INSTRUCTION 1(b).                             -----------------------------


                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C. 20549

                  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(h) of the Investment Company Act of 1940

(Print or Type Responses)
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1.   Name and Address of Reporting Person*

  Jordan                             Vernon                 E.
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   (Last)                           (First)             (Middle)

  Lazard Freres & Co. LLC
  30 Rockefeller Plaza
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                                    (Street)

  New York                            NY                 10021
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   (City)                           (State)              (Zip)


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2.   Issuer Name AND Ticker or Trading Symbol

     Revlon, Inc. (REV)
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3.   IRS Identification Number of Reporting Person, if an entity (voluntary)


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4.   Statement for Month/Day/Year

     December 17, 2002
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5.   If Amendment, Date of Original (Month/Day/Year)


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6.   Relationship of Reporting Person(s) to Issuer
     (Check all applicable)

     |X|  Director                             |_|  10% Owner
     |_|  Officer (give title below)           |_|  Other (specify below)

     ____________________________________________________________________
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7.   Individual or Joint/Group Filing (Check Applicable Line)

     |X|  Form filed by One Reporting Person
     |_|  Form filed by More than One Reporting Person
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           TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
                             OR BENEFICIALLY OWNED
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5. Amount of 6. 4. Securities Owner- 2A. Securities Acquired (A) or Beneficially ship 2. Deemed 3. Disposed of (D) Owned Form: 7. Trans- Execution Transaction (Instr. 3, 4 and 5) Following Direct Nature of action Date, if Code ------------------------------- Reported (D) or Indirect 1. Date any (Instr. 8) (A) Transaction(s) Indirect Beneficial Title of Security (Month/ (Month/ ------------ or (Instr. 3 (I) Ownership (Instr. 3) Day/Year) Day/Year) Code V Amount (D) Price and 4) (Instr.4) (Instr.4) - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
(Over) Doc # 183645 FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ================================================================================
9. Number 10. of Owner- Deriv- ship ative Form 2. Secur- of Conver- 5. 7. ities Deriv- 11. sion Number of Title and Amount Bene- ative Nature or 3A. Derivative 6. of Underlying 8. ficially Secur- of Exer- Deemed 4. Securities Date Securities Price Owned ities In- cise 3. Execut- Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Benefi- direct Price Trans- tion action or Disposed Expiration Date ---------------- Deriv- ing cially Bene- 1. of action Date, Code of(D) (Month/Day/Year) Amount ative Reported Owned ficial Title of Deriv- Date If Any (Instr. (Instr. 3, ---------------- or Secur- Trans- at End Owner- Derivative ative (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity action(s) of Month ship Security Secur- Day/ Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Options Class A (Right Common to Buy) $3.45 12/17/02 A 7,500 (1) 12/17/12 Stock 7,500 $3.45 7,500 D - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: (1) The option vests in four equal annual installments beginning on December 17, 2003. /s/ Robert K. Kretzman December 18, 2002 - --------------------------------------------- ----------------------- **Signature of Reporting Person Date Robert K. Kretzman for Vernon E. Jordan Pursuant to a Power of Attorney granted on June 6, 1996 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 Crime 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. Doc # 183645 Page 2