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OMB APPROVAL
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OMB Number 3235-0287
Expires: September 30, 1997
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person
Hoff Perry D.
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(Last) (First) (Middle)
Intertec Holdings, L.P.
East 5058 Grapeview Loop
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(Street)
Allyn WA 98524
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
The Lamaur Corporation (LMAR)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
5/97
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ x ] Director [ x ] 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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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Common Stock 5/29/97 X 36,526 A $8.00 1,712,844(1) I By
Partner-
ship(2)
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Common Stock 10,560 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
9. 10.
Number Owner-
of ship
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
of Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Subscription Right $8.00 5/29/97 X 36,526 (3) 5/29/00 Common 36,526 -0- 109,581(4) I (2)
Stock
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Director Options $1.52 7/20/94 7/20/03 Common 6,600 D
Stock
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Director Options $1.52 5/04/95 5/04/04 Common 3,300 D
Stock
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Director Options $3.03 9/29/96 9/29/05 Common 3,300 D
Stock
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Director Options $4.25 10/04/97 10/03/06 Common 4,000 D
Stock
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Director Options $2.875 5/09/98 5/08/07 Common 3,300 20,500 D
Stock
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</TABLE>
Explanation of Responses:
(1) The number of shares held prior to the reported transaction was 1,676,318
not 1,676,317 as reported earlier.
(2) The reporting person is a shareholder and director of a corporation that is
the general partner of the partnership owning the reported securities. The
reporting person disclaims beneficial ownership of all but 25% of such
shares.
(3) The remaining put right is exercisable by the Company in three equal
installments on each of May 29, 1998, May 29, 1999 and May 29, 2000. Under
the terms of the Subscription and Purchase Agreement, however, the
reporting person may elect to accelerate the put right to an earlier date
on 30 days' prior written notice to the Issuer.
(4) The total shares originally subject to the right was 146,107 not
146,115 as reported earlier.
/s/ PERRY D. HOFF June 11, 1997
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
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 provided is insufficient, see Instruction 6 for procedures.
