U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN 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 OMB APPROVAL
subject to Section 16. ------------
Form 4 or Form 5 OMB Number 2325-0287
obligations may continue. Expires: April 30, 1997
See Instruction 1(b). Estimated average burden
hours per response.....0.5
1. Name and Address of Reporting Person
Valentine Russ C.
(Last) (First) (Middle)
1500 Burning Tree Lane
(Street)
Plano TX 75093
(City) (State) (Zip)
2. Issuer Name and Ticker or Trade Symbol
American General Hospitality Corporation/AGT
3. IRS or Social Security Number of Reporting Person
(Voluntary)
4. Statement for Month/Year
7/96
5. If Amendment, Date of Original (Month/Day/Year)
N/A
6. Relationship of Reporting Person to Issuer
(Check all applicable)
Director 10% Owner
---- ----
X Officer (give title below) Other (specify below)
---- ----
C/M: 12104.0001 394760.1 08/12/96 5:15PM
<PAGE>
<TABLE>
<CAPTION>
TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<C> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Trans- 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature
(Instr. 3) action Code or Disposed of (D) Securities Form: of Indirect
Date (Instr.8) (Instr. 3, 4 and 5) Beneficially Direct (D) Beneficial
(Month/ Owned at End or Indirect Ownership
Day/ of Month (I)
Year)
Code V Amount (A) or (D) Price (Instr. 3 and 4) (Instr. 4) (Instr. 4)
- - - ----------------------------------------------------------------------------------------------------------------------------------
Common Stock 7/31/96 P 1000 A $17.75 6,840 D
- - - ----------------------------------------------------------------------------------------------------------------------------------
- - - ----------------------------------------------------------------------------------------------------------------------------------
- - - ----------------------------------------------------------------------------------------------------------------------------------
- - - ----------------------------------------------------------------------------------------------------------------------------------
- - - ----------------------------------------------------------------------------------------------------------------------------------
- - - ----------------------------------------------------------------------------------------------------------------------------------
- - - ----------------------------------------------------------------------------------------------------------------------------------
- - - ----------------------------------------------------------------------------------------------------------------------------------
- - - ----------------------------------------------------------------------------------------------------------------------------------
- - - ----------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (8-92)
</TABLE>
394717.1
<PAGE>
<TABLE>
<CAPTION>
FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., put, calls, warrants, options, convertible securities)
- - - -----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <C> <C> <C> <C>
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer-
sion or action tion Code ative Securities cisable and
(Instr. 3) Exercise Date Acquired (A) or Expiration
Price of (Instr. 8) Disposed of (D) Date
Deriv- (Month/ (Month/Day/
ative Day/ (Instr. 3, 4, Year)
Security Year) and 5)
Date Expir-
Exer- ation
cisable Date
Code V (A) (D)
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - ------------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative Security 7. Title and Amount of 8. Price of 9. Number 10. Owner- 11. Nature of
Underlying Securities Derivative of Deriv- ship Form of Indirect
(Instr. 3) Security ative Derivative Beneficial
(Instr. 3 and 4) Securities Security: Ownership
(Instr. 5) Beneficially Direct (D) or
Owned at Indirect (I) (Instr. 4)
End of (Instr. 4)
Month
(Instr. 4)
Title Amount or
Number of
Shares
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
- - - --------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
By: /s/Russ C. Valentine August 12, 1996
------------------------------- ---------------
**Signature of Reporting Person Date
Russ C. Valentine
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Page 2
SEC 1474 (8-92)
</TABLE>
394717.1
