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Previous: MICROLEAGUE MULTIMEDIA INC, 4, 1998-01-12 |
Next: NORWEST ASSET SECURITIES CORP, 8-K, 1998-01-12 |
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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
<S> <C> <C>
__Check this box Washington, D.C. 20549 OMB Number 3235-0287
if no longer subject Expires: September 30, 1998
to Section 16. Form Estimated Average burden
4 or Form 5 obligations hours per response . . . 0.5
may continue. See
Instruction 1(b).
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Field pursuant to Section 16(a) of the Securities Exchange Act of 1934
of the Public Utility Holding Company Act of 1935 or Section 30(f) of
the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting 2. Issuer Name and Ticker 6. Relationship of Reporting
<S> <C> <C>
Person* or Trading Symbol Persons to Issuer (Check
Microleague Multimedia, Inc. all applicable)
The Hearst Family Trust (Nasdaq Small Capitalization:
(Last) (First) (Middle) MLMI) __Director <checked-box>10%
959 Eighth Avenue Owner
__Officer (give __Other
title below) (specify
below)
3.IRS or Social Se- 4. Statement for Month/Year
(Street) urity Number of
Reporting Person December, 1997
New York, New York 10019 (Voluntary)
(City) (State) (Zip)
5. If Amendment, 7. Individual
Date of Original or Joint/
(Month/Year) Group Filing
(Check Appli-
cable Line)
<checked-box>Form
filed by One
Reporting Person
__ Form filed
by More than One
Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action (A) or Disposed of Securities ship of In-
Date Code (D) (Instr. 3,4 and 5) Beneficially Form: direct
(Instr.8) Owned at Direct Bene-
(Month/ at End of (D) or ficial
Day/ Code V Amount (A) or Price Month Indirect Owner-
Year) (D) (Instr. 3 (I) ship
and 4) (Instr.4)(Instr.4)
Common Stock,
par value $.01 12/31/97 J(1) (1) (1) 892,418 I By
Corpor-
ation
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* If the form is filed by more than one reporting person, see
Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
(Print or Type Response)
(SEC 1474 (9-96)
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title 2.Conver- 3.Transac- 4.Transac- 5.Number 6.Date Exer- 7.Title 8.Price 9.Number 10.Owner 11.Na
of sion tion tion of Der- cisable and of of ship tur
Deri- or Ex- Date Code ivative and Ex- Amount Deriv- Deriv- Form of In-
vative ercise (Month/ Securi- piration of tive ative of De- direct
Sec- Price Day/ (Instr.8) ties Ac- Date Under- Secur- Secur- rivative Bene-
urity of Year) quired (Month/ lying ity ities Secu- ficial
(Instr.3) Deriv- (A) or Day/ (Instr. (Instr. Bene- ity: Own-
ative Disposed Year) 3 and 4) 5. fically Direct ership
Sec- of (D) Owned (D) or
urity (Instr. at End In- (Instr.
3,4 and 5) of direct 4)
Month (I)
(Instr.4) (Instr.4)
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Date Expir-
Code V (A) (D) Exer- ation Amount
cisable Date or Number
of Shares
Title
Warrants $4.75 12/31/97 J(1) (1) (1) 6/6/97 6/5/02 Common 100,000 (1) 100,000 1 By
Stock Corpo-
ration
Explanation of Responses:
(1) On December 31, 1997, in connection with an internal reorganization, The Hearst Corporation ("Hearst")
contributed all of the Issuer's Common Stock owned by Hearst to Hearst Communications, Inc., a Delaware
corporation and wholly-owned subsidiary of Hearst.
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
/s/ Gilbert C. Maurer 1/12/98
______________________________ _______
**Signature of Reporting Person Date
Trustee
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.
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