-----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, OreUB+gZG+21+XaVcR4THodOZccx62rzH+2taTn+1EBHjzKg3r+5ajigK8DbWIPJ PrE5DG/JMEHgRUd1PZ0UWQ== 0000903112-98-002036.txt : 19981210 0000903112-98-002036.hdr.sgml : 19981210 ACCESSION NUMBER: 0000903112-98-002036 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981130 FILED AS OF DATE: 19981209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMPEX CORP /DE/ CENTRAL INDEX KEY: 0000887433 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 133667696 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-20292 FILM NUMBER: 98766321 BUSINESS ADDRESS: STREET 1: 500 BROADWAY STREET 2: MAIL STOP 3-36 CITY: REDWOOD CITY STATE: CA ZIP: 94063-3199 BUSINESS PHONE: 6503672011 MAIL ADDRESS: STREET 1: 500 BROADWAY STREET 2: MAIL STOP 3-36 CITY: REDWOOD CITY STATE: CA ZIP: 94063-3199 FORMER COMPANY: FORMER CONFORMED NAME: AMPEX INC /DE/ DATE OF NAME CHANGE: 19940505 FORMER COMPANY: FORMER CONFORMED NAME: AMPEX INC DATE OF NAME CHANGE: 19930328 COMPANY DATA: COMPANY CONFORMED NAME: TALCOTT JOEL D CENTRAL INDEX KEY: 0001028344 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: C/O AMPEX CORP STREET 2: 500 BROADWAY CITY: REDWOOD CITY STATE: CA ZIP: 94063 BUSINESS PHONE: 2128567000 MAIL ADDRESS: STREET 1: C/O BATTLE FOWLER LLP STREET 2: 75 E 55TH ST CITY: NEW YORK STATE: NY ZIP: 10022 4 1 FORM 4 OMB Number 3235-0287 Expires: September 30, 1998 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP / / Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may 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(f) of the Investment Company Act of 1940 1. Name and Address of Reporting Person (If the form is filed by more than one reporting person, see Instruction 4(b)(v).) Talcott, Joel D. (Last) (First) (Middle) 500 Broadway, M/S 1101 (Street) Redwood City, CA 94063-3199 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol Ampex Corporation (AXC) 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for (Month/Year) 11/98 5. If Amendment, Date of Original (Month/Year) 786050.1 6. Relationship of Reporting Persons to Issuer (Check all applicable) Director 10% Owner -------- -------- X Officer (give title below) Other (specify -------- -------- below) Vice President, General Counsel & Secretary 7. Individual or Joint/Group filing (Check Applicable Line) X Form filed by One Reporting Person -------- Form filed by More than One Reporting Person -------- 786050.1
TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of 2. Trans 3. Trans 4. Securities Acquired (A) Security action action or Disposed of (D) (Instr.3) Date Code (Instr.3, 4 and 5) (Month (Instr.8) /Date/ Year) Code V Amount (A) or Price (D)
5. Amount of 6. Ownership 7. Nature of Securities Form: Indirect Benefici- Direct (D) Beneficial ally Owned or Ownership at End of Indirect Month (I) (Instr. 4) (Inst. 3 (Instr. 4) and 4) SEC 1474 (7-96) Page 3 786050.1 TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. Conver 3. Trans 4. Transaction 5. Number of Deriva- Derivative sion or action Code tive Securities Security Exercise Date Acquired (A) or (Instr.3) Price of (Instr. 8) Disposed of (D) Deri (Month/ vative Day/ (Instr. 3, 4, Security Year) and 5) Code V (A) (D) Option to $2.375 11/6/98 D V 18,000 acquire (Note 1) Option to $2.375 11/6/98 D V 6,500 acquire (Note 3) Option to $3.625 11/6/98 D V 12,000 acquire (Note 4) Option to $3.125 11/6/98 D V 12,500 acquire (Note 5) Option to $1.0625 11/6/98 A V 36,500 acquire (Note 6) Option to $1.0625 11/6/98 A V 12,500 acquire (Note 7)
1. Title of 6. Date Exercisable Derivative and Expiration Security Date (Instr.3) (Month/Day/Year) Date Exer- Expiration cisable Date Option to acquire (Note 1) Note 1 Note 1 Option to acquire (Note 3) Note 3 Note 3 Option to acquire (Note 4) Note 4 Note 4 Option to acquire (Note 5) Note 5 Note 5 Option to acquire (Note Note 6 Note 6 6) Option to Note 7 Note 7 acquire (Note 7) SEC 1474 (7-96) Page 4 786050.1
1. Title of 7. Title and Amount of 8. Price of 9. Number of 10. Ownership 11. Nature of Derivative Underlying Security Derivative Derivative Form of Deri- Indirect Bene- (Instr.3) (Instr.3 and 4) Security Securities vative Sec- ficial Owner- ------------------- (Instr. 5) Benficially urity: Direct ship (Instr. Owned at En (D) or 4) of Month Indirect (I) (Instr. 4) (Instr. 4) Title Amount or Number of Shares Option to Class A 18,000 $0 Note 2 D acquire (Note Common 1) Stock Option to Class A 6,500 $0 Note 2 D acquire (Note Common 3) Stock Option to Class A 12,000 $0 Note 2 D acquire (Note Common 4) Stock Option to Class A 12,500 $0 Note 2 D acquire (Note Common 5) Stock Option to Class A 36,500 $0 Note 2 D acquire (Note Common 6) Stock Option to Class A 12,500 $0 Note 2 D acquire (Note Common 7) Stock SEC 1474 (7-96) Page 5
786050.1 Explanation of Responses: Note 1: Cancellation of non-qualified stock option originally granted at an exercise price of $6.00 on July 16, 1992 pursuant to Rule 16b-3 under the Ampex Corporation Stock Incentive Plan (the "Plan"). This option became fully exercisable on July 16, 1996, and would have expired on July 16, 2002. This option was repriced on April 25, 1994 at the exercise price of $2.375. Note 2: The column 9 total does not include other options outstanding under the Plan, because their exercise prices and exercise periods are different. Note 3: Cancellation of non-qualified stock option originally granted at an exercise price of $4.75 on June 18, 1993 pursuant to Rule 16b-3 under the Plan. This option became fully exercisable on July 1, 1994 and would have expired on June 18, 2003. This option was repriced on April 25, 1994 at the exercise price of $2.375. Note 4: Cancellation of non-qualified stock option originally granted on November 3, 1995 pursuant to Rule 16b-3 under the Plan. This option became fully exercisable on November 3, 1998 and would have expired on November 3, 2005. Note 5: Cancellation of non-qualified stock option originally granted on October 28, 1997 pursuant to Rule 16b-3 under the Plan. This option would become exercisable on October 28, 2002, subject to accelerated vesting and would have expired 15 months after the applicable vesting date for such shares. Note 6: Non-qualified stock option grant pursuant to Rule 16b-3 under the Plan. The option becomes exercisable as to 34% on May 6, 1999, and as to an additional 11% quarterly thereafter until November 6, 2000. The option expires ten years after the grant date. Note 7: Non-qualified stock option grant pursuant to Rule 16b-3 under the Plan. The option becomes exercisable as to 34% of the underlying shares on May 6, 1999, and as to an additional 11% quarterly thereafter until November 6, 2000. The option expires as to equivalent percentages of underlying shares 15 months after the applicable vesting date for such shares. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/Joel D. Talcott 12/9/98 ------------------------------- ------------ **Signature of Reporting Person Date JOEL D. TALCOTT 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 provided is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. SEC 1474 (7-96) Page 6 786050.1 -----END PRIVACY-ENHANCED MESSAGE-----