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- ---------------- U.S. SECURITIES AND EXCHANGED COMMISION ----------------------------
|F O R M 4| Washington, D.C. 20549 | OMB APPROVAL |
- ---------------- |--------------------------|
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |OMB Number 3235-0287|
[ ] Check this box if |Expires: September 30,1998|
no longer Subject Filed pursuant to Section 16(a) of the Securities Exchanged Act of 1934, |Estimated ave. burden |
to Section 16. Section 17(a) of the Public Utility Holding Company Act of 1935 or |hours per response.....0.5|
Section 30(f) of the Investment Company Act 1940 ----------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
|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) |
|Bernhard Robert A |Toys "R" Us, Inc. (TOY) | |
| | | X Director 10% Owner |
|----------------------------------------|------------------------------------------------|--- --- |
| (Last) (First) (MI)|3.IRS or Soc. Sec. No. |4.Statement for Month/ | Officer Other |
| | of Reporting Person | Year |---(give title below) ---(Specify below)|
| 100 Ring Rd. West - Suite 101 | (Voluntary) | | |
| | | April 1998 | |
| | | | |
|----------------------------------------| |------------------------|----------------------------------------|
| (Street) | |5.If Amendment, Date of |7. Individual or Joint/Group Filing |
| | | Original (Month/Year) | (Check Applicable Line) |
| | | | |
|Garden City NY 11530 | | | X Form filed by One Reporting Person |
| | | |--- |
| | | | Form filed by More than One |
| | | |--- Reporting Person |
|----------------------------------------------------------------------------------------------------------------------------------|
| (City) (State) (Zip) |
| TABLE I - Non-Derivative Securities Acquired, Disposed of or Beneficially Owned |
|----------------------------------------------------------------------------------------------------------------------------------|
|1.Title of Security |2.Transac- |3.Trans. |4.Security Acquired (A) or |5.Amount of |6. |7.Nature of Indirect|
| (Instr. 3) | tion Date | Code | Disposed of (D) | Securities |Own.| Beneficial |
| |(Mon/Day/Yr)|(Instr.8)| (Instr. 3, 4 & 5) | Beneficially |Form| Ownership |
| | |---------|-------------------------------| Owned at End of|(D) | (Instr. 4) |
| | | | | |(A) | | Month |or | |
| | |Code| V | Amount |(D) | Price | (Instr. 3 & 4) |(I) | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
|<S> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |
|Common Stock | 04/30/1998 | A | | 467 | A | $28.9346| 1882 | D | |
| | | | | | | (01)| | | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
|Common Stock | 04/28/1998 | S | | 5422 | D | $27.8750| 0 | I |By Trust |
| | |(02)| | | | | | | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
|Common Stock | | | | | | $.0000| 27419 | I |By Wife |
| | | | | | | | |(03)| |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | | | | | | | | | |
| | | | | | | | | | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | | | | | | | | | |
| | | | | | | | | | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | | | | | | | | | |
| | | | | | | | | | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | | | | | | | | | |
| | | | | | | | | | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | | | | | | | | | |
| | | | | | | | | | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | | | | | | | | | |
| | | | | | | | | | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | | | | | | | | | |
| | | | | | | | | | |
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Reminder: Report on a separate line for each class securities owned directly or indirectly. SEC 1474 (7-96)
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
PAGE: 1 OF 3
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FORM 4 (continued) TABLE II - Derivative Securities Acquired, Disposed of, Beneficially Owned
(e.g., puts, calls, warrants, options, convertible security)
- ------------------------------------------------------------------------------------------------------------------------------------
|1.Title of|2.Conver-|3. |4.Tran- |5.Number of |6.Date |7.Title and Amount |8.Price of|9.Number |10. |11.Nature |
|Derivative|sion or |Trans| saction| Derivative |Exercisable| of Underlying |Derivative| of |Own.| of |
|Security |Exercise |Date | Code | Securities |and | Securities |Security |Derivative|Form|Indirect |
|(Instr. 3)|Price of |(Mon/|(Instr.8)| Acquired (A) or |Expiration | (Instr. 3 & 4) |(Instr. 5)|Securities|of |Beneficial|
| |Deriva- | Day/| | Disposed of (D) |Date | | |Benefi- |Deri|Ownership |
| |tive |Year)| | (Instr. 3, 4 & 5) |(Month/Day/| | |cially |Sec.|(Instr. 4)|
| |Security | | | | Year) | | |Owned at |Dir.| |
| | | | | |-----------|---------------------| |End of |(D) | |
| | | | | | | | |Amount or | |Month |or | |
| | | |---------|---------------------|Date |Exp. | Title |Number of | |(Instr. 4)|Ind.| |
| | | |Code| V | (A) | (D) |Exbl.|Date | |Shares | | |(I) | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
|<S> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |
|Stock Opti| $22.8800| | | | | |09/19|09/19|Common Sto| 5000| | 5000| D | |
|on (Righ| | | | | | | 1991| 2000|ck | | | | | |
|t to Buy) | | | | | | | | | | | | | | |
| | | | | | | | (04)| | | | | | | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
|Stock Opti| $27.8100| | | | | |11/01|11/01|Common Sto| 1000| | 1000| D | |
|on (Righ| | | | | | | 1992| 2001|ck | | | | | |
|t to Buy) | | | | | | | | | | | | | | |
| | | | | | | | (04)| | | | | | | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
|Stock Opti| $36.9400| | | | | |11/02|11/02|Common Sto| 1000| | 1000| D | |
|on (Righ| | | | | | | 1993| 2002|ck | | | | | |
|t to Buy) | | | | | | | | | | | | | | |
| | | | | | | | (04)| | | | | | | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
|Stock Opti| $39.8800| | | | | |11/01|11/01|Common Sto| 1000| | 1000| D | |
|on (Righ| | | | | | | 1994| 2003|ck | | | | | |
|t to Buy) | | | | | | | | | | | | | | |
| | | | | | | | (04)| | | | | | | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
|Stock Opti| $38.5600| | | | | |11/01|11/01|Common Sto| 1000| | 1000| D | |
|on (Righ| | | | | | | 1995| 2004|ck | | | | | |
|t to Buy) | | | | | | | | | | | | | | |
| | | | | | | | (04)| | | | | | | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
|Stock Opti| $22.0600| | | | | |11/01|11/01|Common Sto| 1000| | 1000| D | |
|on (Righ| | | | | | | 1996| 2005|ck | | | | | |
|t to Buy) | | | | | | | | | | | | | | |
| | | | | | | | (04)| | | | | | | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
|Stock Opti| $33.7500| | | | | |11/01|11/01|Common Sto| 3500| | 3500| D | |
|on (Righ| | | | | | | 1997| 2006|ck | | | | | |
|t to Buy) | | | | | | | | | | | | | | |
| | | | | | | | (04)| | | | | | | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
|Stock Opti| $34.7200| | | | | |11/03|11/03|Common Sto| 5000| | 5000| D | |
|on (Righ| | | | | | | 1998| 2007|ck | | | | | |
|t to Buy) | | | | | | | | | | | | | | |
| | | | | | | | (04)| | | | | | | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
- ------------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:
(01) As a Non-Employee Director, I have elected to defer the receipt of all of my director fees under the Toys "R" Us, Inc. S
tock Unit Plan (16b-3 Plan) for Non-Employee Directors. The Company has agreed to credit the value of such fees
to a stock account maintained by the Company in the form of Stock Units and use the funds to purchase shares of the Comp
any's Common Stock to be set aside for my eventual benefit. The Stock Units will generally be settled by delivery of
the Common Stock upon my retirement, resignation, or death. The shares of Common Stock underlying my Stock Units were ac
quired on a periodic basis at the average price noted.
(02) Held by the Profit Sharing Plan of Anchorage Bay Properties, Inc., a wholly owned corporation. My wife and I are the Tr
ustees of the Profit Sharing Plan.
(03) These securities are owned by my wife, Willa Bernhard. I disclaim beneficial ownership of such shares.
(04) Grant of options to purchase shares of Common Stock under Toys "R" Us, Inc.'s Non-Employee Directors' Stock Option Plan.
**Intentional misstatements or omissions of facts constitute Federal /s/Robert A. Bernhard 05/01/1998
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------------------ ----------
**Signature of Reporting Person Date
Note: File three copies of this form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure. SEC 1474 (7-96)
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 OMD Number
Bernhard, Robert Toys "R" Us, Inc. APR-1998 PAGE: 2 OF 3
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E X P L A N A T I O N O F R E S P O N S E S (cont.) F O R M 4
<S> <C> <C>
cont. (04) Subject to certain conditions, one-fifth of such options become exercisable on a cummulative basis on each anni
versary of the date of grant.
Bernhard, Robert Toys "R" Us, Inc. APR-1998 PAGE: 3 OF 3
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