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OMB APPROVAL
FORM 3 -----------------------------
UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0104
WASHINGTON, D.C. 20549 Expires: September 30, 1998
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Estimated average burden
hours per response....... 0.5
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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
(Print or Type Responses)
<S> <C> <C> <C>
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1. Name and Address of Reporting Person* | 2. Date of Event Re- | 4. Issuer Name AND Ticker or Trading Symbol
| quiring Statement | KEEBLER FOODS COMPANY (KBL)
| (Month/Day/Year) |
Marin Lori P. | |-------------------------------------------------------------
| 4/16/98 | |
| | 5. Relationship of Reporting |6. If Amendment, Date of
- ----------------------------------------------------------------------| Person(s) to Issuer | Original (Month/Day Year)
(Last) (First) (Middle) | 3. IRS or Social Se- | (Check all applicable) | N/A
| curity Number of | ____Director ___10% Owner |
| Reporting Person | X Officer Other (specify|
| (Voluntary) | --- (give --- below)|
| | title below) |----------------------------
| | |7. Individual or Joint/Group
| | | Filing (Check Applicable
677 Larch Avenue | | Treasurer | Line)
- ------------------------------------------| | ------------------- | X Form filed by One
(Street) | | |--- Reporting Person
| | | Form filed by More
| | |--- than One Reporting
Elmhurst IL 60126-1581 | | | Person
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(City) (State) (Zip) | TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security | 2. Amount of Securities | 3. Ownership | 4. Nature of Indirect Beneficial
(Instr. 4) | Beneficially Owned | Form: Direct | Ownership
| (Instr. 4) | (D) or Indirect | (Instr. 5)
| | (I) (Instr. 5) |
| | |
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Common Stock | 900 | D |
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Common Stock | 100 | I | By son*
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Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, *ACCOUNT HELD AS: LORI MARIN, CUSTODIAN FOR LOGAN MAX MARIN
see Instruction 5(b)(v).
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form Page 2
displays a currently valid OMB Number. SEC 1473 (7-97)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE
SECURITIES)
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1. Title of Derivative Security | 2. Date Exer- |3. Title and Amount of Securities Underlying | 4. Conversion or
(Instr. 4) | cisable and | Derivative Security | Exercise Price of
| Expiration | (Instr. 4) | Derivative
| Date | | Security
| (Month/Day/Year) | |
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| | | | Amount |
| | | | or |
| Date | Expira- | Title | Number |
| Exer- | tion | | of |
| cisable | Date | | Shares |
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Option (to Buy) | 1 | 12/06 | Common Stock | 24,936 | $ 3.23
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Option (to Buy) | 2 | 02/08 | Common Stock | 21,645 | $24.00
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1. Title of Derivative Security | 5. Ownership | 6. Nature of Indirect |
(Instr. 4) | Form of | Beneficial Ownership |
| Derivative | (Instr. 5) |
| Security: | |
| Direct (D) | |
| or | |
| Indirect | |
| (I) | |
| Instr. (5) | |
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Option (to Buy) | D | |
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Option (to Buy) | D | |
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Explanation of Responses:
(1) 17,455 options immediately exercisable; remainder vest over three-year period ending 02/01
(2) All options become exercisable on 02/03/03 unless exercisable sooner based on target value of Company's stock
/s/ Lori P. Marin 4/20/98
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** Intentional misstatements or omissions of facts constitute **Signature of Reporting Person Date
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 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 Page 2
valid OMB Number. SEC 1473 (7-96)
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