OMB APPROVAL
OMB Number 3235-0104
Expires: September 30, 1998
Estimated average burden
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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
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1. Name and Address of Reporting Person*
Management Voting Trust
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(Last) (First) (Middle)
c/o Young & Rubicam Inc., 285 Madison Avenue
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(Street)
New York New York 10017
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(City) (State) (Zip)
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2. Date of Event Requiring Statement
(Month/Day/Year)
5/11/98
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3. IRS or Social
Security Number of
Reporting Person, if
an Entity (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Young & Rubicam Inc. (YNR)
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
Director X 10% Owner (1)
----- -----
Officer (give ----- Other (specify
----- title below) below)
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6. If Amendment, Date of Original
(Month/Day/Year)
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7. Individual or Joint/Group Filing
(Check applicable line)
X Form filed by One Reporting Person
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Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
Table I -- Non-Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial Ownership
(Instr. 4) Indirect (I)
(Instr. 5)
- ------------------- ----------------------- ----------------- -----------------------
No securities owned
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* If the Form is filed by more than one Reporting Person, see
instruction 5(b)(v).
</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly
(Print or type responses)
(Over)
SEC 1473 (7/96)
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially
Owned (e.g., puts, calls, warrants, options, convertible
securities)
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
==================================================================================================================================
1. Title of Derivative 2. Date Exercisable and 3. Title and Amount of Sec- 4. Conversion or 5. Ownership 6. Nature of
Security Expiration Date urities Underlying Deriva- Exercise Price Form of Indirect
(Instr. 4) (Month/Day/Year) tive Security (Instr. 4) of Derivative Derivative Beneficial
-------------------- -------------------------- Security Security: Ownership
Date Expir- Amount or Direct (D) (Instr.5)
Exerci- ation Number of or Indirect
sable Date Title Shares (I)
(Instr. 5)
------------------ ------- ------- ----- ------------ -------------- ---------- ---------
No securities owned
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</TABLE>
Explanation of Responses:
(1) Pursuant to the Management Voting Trust Agreement dated as of
12/12/96, shares of Common Stock, par value $0.01 per share,
and Money Market Preferred Stock, par value $0.01 per share,
of Young & Rubicam Inc. held by certain employee equity
holders of Young & Rubicam Inc. and the Restricted Stock
Trust must be deposited with the Management Voting Trust
(the "Trust"). As of 5/11/98, the Trust held 45,411,870
shares of Common Stock and Money Market Preferred Stock of
Young & Rubicam Inc. The Trust has the sole right to vote
and execute consents with respect to all shares of Common
Stock and Money Market Preferred Stock held by the Trust.
The voting rights of the Trust are exercised by the voting
trustees of the Trust (the "Voting Trustees"). So long as
Young & Rubicam's current Chief Executive Officer, Peter A.
Georgescu (or a properly elected successor Chief Executive
Officer), is a Voting Trustee, (i) any action approved in
writing or at a meeting by Peter A. Georgescu (or such
successor) and any two other Voting Trustees and (ii) any
action approved over the objection of Peter A. Georgescu (or
such successor) at a meeting of the Voting Trustees by an
aggregate vote of Voting Trustees equal to not less than the
total number of Voting Trustees then in office minus two,
shall constitute the action of, and shall be binding upon,
the Management Voting Trust (unless there shall be fewer
than seven Voting Trustees then in office, in which event
any action under clause (ii) shall require the vote of all
the Voting Trustees other than Peter A. Georgescu (or such
successor)). The Trust disclaims any beneficial ownership of
any of the shares held by the Trust.
/s/ Stephanie W. Abramson, Attorney-
in-Fact for the Management Voting Trust 5/21/98
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** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute
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 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.
SEC 1473 (7-96)
