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 OMB APPROVAL
no longer subject ------------
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Form 4 or Form 5 Expires: September 30, 1998
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(Print or type Responses)
1. Name and Address of Reporting Person*
Edelson Harry
(Last) (First) (Middle)
c/o Alyn Corporation
16761 Hale Avenue
(Street)
Irvine CA 92606
(City) (State) (Zip)
2. Issuer Name and Ticker or Trade Symbol
Alyn Corporation; "ALYN"
3. IRS or Social Security Number of Reporting Person
(Voluntary)
4. Statement for Month/Year
10/96
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer
(Check all applicable)
X Director __ 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
<CAPTION>
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. 3, 4 and 5) Beneficially Direct (D) Beneficial
(Month/ (Instr.8) 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)
<C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, 10/22/96 P 40,000 A $13.50 520,000 I By Edelson
$.001 par value Technology
Partners III
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474 (7-96)
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<TABLE>
FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., put, calls, warrants, options, convertible securities)
<CAPTION>
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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)
<C> <C> <C> <C> <C> <C>
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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
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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/ Harry Edelson 11/5/96
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**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.
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 OMB Number.
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