IAT MULTIMEDIA INC
4, 1998-07-13
COMPUTER PROGRAMMING SERVICES
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<PAGE>

FORM 4
                                             _________________________________
                                             |          OMB APPROVAL         |
[ ] Check this box if no longer subject      _________________________________
    to Section 16. Form 4 or Form 5          | OMB Number:          3235-0287|
    obligations may continue.  See           | Expires:    September 30, 1998|
    Instruction 1(b).                        | Estimated average burden      |
                                             | hours per response.......  0.5|
                                             _________________________________


                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549


                 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

(Print or Type Responses)
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1. Name and Address of Reporting Person*

   Vogt             Viktor
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   (Last)            (First)            (Middle)

   c/o IAT Multimedia, Inc., Geschaftshaus,
   Wasserschloss, Aarestrasse 17
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                     (Street)

   Vogelsang-Turgi     Switzerland      CH-5300
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   (City)               (State)         (Zip)

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2. Issuer Name and Ticker or Trading Symbol

   IAT Multimedia, Inc. (IATA)

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3. IRS or Social Security Number of Reporting Person (Voluntary)

   

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4. Statement for Month/Year

   June, 1998

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5. If Amendment, Date of Original (Month/Year)

   

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6. Relationship of Reporting Person(s) to Issuer
   (Check all applicable)

   [X] Director                             [ ] 10% Owner            
   [ ] Officer (give title below)           [ ] Other (specify below)


       
- -------------------------------------------------------------------------------
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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<PAGE>
<TABLE>
<CAPTION>
                        TABLE I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ---------------------------------------------------------------------------------------------------------------------------------
                                                                                    5. Amount of     6. Owner-                
                                                                                       Securities       ship                  
                        2. Trans-     3. Trans-       4. Securities Acquired (A)       Beneficially     Form:                 
                           action        action          or Disposed of (D)            Owned at         Direct      7. Nature of 
                           Date          Code            (Instr. 3, 4 and 5)           End of           (D) or         Indirect  
1. Title of Security       (Month/    (Instr. 8)      --------------------------       Month            Indirect       Beneficial
   (Instr. 3)              Day/       ----------      Amount    (A) or     Price       (Instr.          (I)            Ownership 
                           Year)                                (D)                    3 and 4)         (Instr. 4)     (Instr. 4)
- ---------------------------------------------------------------------------------------------------------------------------------
<S>                     <C>           <C>             <C>       <C>        <C>      <C>              <C>            <C> 
- ---------------------------------------------------------------------------------------------------------------------------------
Common Stock, par value
$.01 per share            6/9/98          S         150,000      D    $11.99/Share      303,795          D, I             *
- ---------------------------------------------------------------------------------------------------------------------------------
Common Stock, par value
$.01 per share            6/16/98         S         100,000      D    $11.28/Share      303,795          D, I             *
- ---------------------------------------------------------------------------------------------------------------------------------

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* Includes 69,605 shares of Common Stock held in escrow but in respect to which Dr. Vogt retains the power to vote.





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 person, see instruction 4(b)(v).                                          SEC  474 (7-96)

</TABLE>

<PAGE>


FORM 4 (continued)

<TABLE>
<CAPTION>
                           TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
                                    (e.g. puts, calls, warrants, options, convertible securities)
- -----------------------------------------------------------------------------------------------------------------------------------
    1.        2.        3.         4.         5.             6.                 7.           8.        9.         10.       11.   
- -----------------------------------------------------------------------------------------------------------------------------------
                                                                           Title and                           Ownership           
                                          Number of     Date Exer-         Amount of                           Form of             
                                          Derivative    cisable and        Underlying              Number of   Deriv-              
                                          Securities    Expiration         Securities      Price   Derivative  ative               
            Conver-             Trans-    Acquired (A)  Date (Month/       (Instr. 3       of      Securities  Security:           
            sion or   Trans-    action    or Disposed    Day/Year)          and 4)         Deriv-  Benefi-     Direct              
            Exercise  action    Code      of (D)        --------------    --------------   ative   cially      (D) or    Nature of 
Title of    Price of  Date      (Instr.   (Instr. 3,    Date                      Amount   Secur-  Owned at    Indirect  Indirect  
Derivative  Deriv-    (Month/    8)        4 and 5)     Exer-    Expir-           or Num-  ity     End of      (I)       Beneficial
Security    ative      Day/     --------  ----------    cis-     ation            ber of   (Instr. Month       (Instr.   Ownership 
(Instr. 3)  Security   Year)    Code  V   (A)   (D)     able     Date     Title   Shares    5)     (Instr. 4)   4)       (Instr. 4)
- -----------------------------------------------------------------------------------------------------------------------------------
<S>         <C>       <C>       <C>  <C>  <C>   <C>     <C>      <C>      <C>     <C>      <C>     <C>         <C>       <C> 
- -----------------------------------------------------------------------------------------------------------------------------------

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</TABLE>

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).

               /s/ Viktor Vogt                                July 7, 1998
              ----------------------------------------     --------------------
              ** 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.


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in this form are not required to respond unless the form displays a currently
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