Name: E. E. Bishop
Address: P.O. Box 160266
Mobile, AL 36625
Company: Morrison Fresh Cooking, Inc. (MFC)
Position: Director
Statement for
Month/Year: June, 1996
NON-DERIVATIVE SECURITIES ACQUIRED,
DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security: $.01 Common Stock
Transaction Date: 6-14-96
Transaction Code: S*
Security Acquired (A)
or Disposed (D) of: D
Amount: 41,640
Price: $7.000
Ownership Form: Direct
2. Title of Security: $.01 Common Stock
Transaction Date: 6-14-96
Transaction Code: M*
Security Acquired (A)
or Disposed (D) of: A
Amount: 93,750
Price: $3.1091
Ownership Form
Direct (D) or Indirect (I):Direct
AMOUNT OF SECURITIES BENEFICIALLY
OWNED AT END OF MONTH: 134,365
3. Title of Security: $.01 Common Stock
Transaction Date:
Transaction Code:
Security Acquired (A)
or Disposed (D) of:
Amount:
Price:
Ownership Form
Direct (D) or Indirect (I): Indirect
AMOUNT OF SECURITIES BENEFICIALLY
OWNED AT END OF MONTH: 1,540
Nature of Indirect Beneficial Ownership: Owned by Wife
DERIVATIVE SECURITIES ACQUIRED,
DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security: Employee Stock Option (Right to Buy)
Conversion or
Exercise Price of
Derivative Security: $3.1091
Transaction Date: 6-14-96
Transaction Code: M*
Number of Derivative
Securities Acquired
(A) or Disposed (D) of: 93,750 - D
Date Exercisable: 3-9-96
Expiration Date: 6-30-96
Title: $.01 Par Common
Amount of Shares: 93,750
Price of Derivative
Security: $3.1091
NUMBER OF DERIVATIVE SECURITIES
BENEFICIALLY OWNED AT END OF MONTH: 0
Ownership Form of Derivative Security
Direct (D) or Indirect (I): D
*Reporting Person exercised an option which was previously reported. Reporting
Person surrendered to Issuer already owned stock in payment of option price
(stock swap).
