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- ------ U.S. SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 4 WASHINGTON, D.C. 20549 QMB APPROVAL
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP QMB NUMBER 3235-0287
/ / Check box if no EXPIRES: FEBRUARY 1, 1997
longer subject to ESTIMATED AVERAGE BURDEN
Section 16. Form 4 HOURS PER RESPONSE ....0.5
or Form 5 obligations ------------------------------
may continue. See
Instruction 1(b).
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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 1934 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Callaghan Dennis J. Florida Panthers Holdings, Inc. "PAW" Issuer (Check all applicable)
- --------------------------------------------- ---------------------------------------------- X Director 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
28254 Old Country Club Road Number of Reporting Month/Year Officer (give Other (Specify
- --------------------------------------------- Person (Voluntary) 1-98 ---- title --- below)
(Street) ------------------------- ------------------ below)
Easton, Maryland 21601 5. If Amendment,
- --------------------------------------------- Date of Original --------------------------------
(City) (State) (Zip) (Month/Year)
N/A
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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
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Class A Common Stock 94,787 sh. D N/A
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Response) SEC 1474 (8-92)
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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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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Warrants $29.01/sh. (1) -- -- -- -- (1) (2) Class A 25,456 sh. --
Common Stock
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Exchange Rights $26.385/sh. (2) -- -- -- -- (2) 1-31-01 Class A 88,125 sh. --
Common Stock
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Stock Options $26.375/sh. (3) -- -- -- -- (3) 7-09-07 Class A 250,000 sh. --
Common Stock
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Stock Options $17.25/sh. (4) A -- 40,000 -- (4) 1-2-08 Class A 40,000 sh. --
Common Stock
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1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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Warrants 25,456 D N/A
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Exchange Rights 88,125 D N/A
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Stock Options 250,000 D N/A
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Stock Options 40,000 D N/A
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Explanation of Responses: (1) Mr. Callaghan was granted the warrants on June 26, 1997. Fifty percent of
the warrants expire on December 31, 1998 and the remaining fifty percent of
the warrants expire on December 31, 1999.
(2) Mr. Callaghan was granted the exchange rights on June 26, 1997, which exchange
rights became exercisable immediately upon grant thereof.
(3) Mr. Callaghan was granted stock options to purchase up to 250,000 shares of
Class A Common Stock on July 9, 1997, which stock options vest in four equal
annual installments beginning on July 9, 1998. Excercise price previously
reported was an error, correct price is $26.375.
(4) Mr. Callaghan was granted stock options to purchase 40,000 shares of Class A
Common Stock on January 2, 1998, which stock options vest in four equal annual
installments beginning on January 2, 1999.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Dennis J. Callaghan 2-9-98
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
DENNIS J. CALLAGHAN
Note. File three copies of this form, one of which must be manually signed. Page 2
If space provided is insufficient, see Instruction 6 for procedure. SEC 1474 (8-92)
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