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FORM 4
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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
|_| Check this box if no longer subject to
Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Abramson Stephanie W.
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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. Issuer Name and Ticker or Trading Symbol
Young & Rubicam Inc. (YNR)
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3. IRS or Social Security Number of
Reporting Person (Voluntary)
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4. Statement for Month/Year
1/99
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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)
Director 10% Owner
----- -----
X Officer (give Other (specify
----- title below) ----- below)
Executive Vice President and General Counsel
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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
<TABLE>
<CAPTION>
=================================================================================================================================
<S> <C> <C> <C> <C> <C> <C>
1. Title of 2. Transaction 3. Transaction 4. Securities Acquired 5. Amount of 6. Ownership 7. Nature of
Security Date Code (A) or Disposed of (D) Securities Form: Direct Indirect
(Instr. 3) (Month/Day/Year) (Instr. 8) (Instr. 3, 4 and 5) Beneficially (D) or Beneficial
Owned at End of Indirect (I) Ownership
----------- ------------------------ Month (Instr. 4) (Instr. 4)
(A) or (Instr. 3 and 4)
Code V Amount (D) Price
--------- --------------- ---- ----- -------- ------ ----- ---------------- ----------- -----------
Common Stock, par 1/29/99 F V 12,983 D $40.125 427,910 D
value $0.01 per
share (1)
Common Stock, par 400 I By husband
value $0.01 per
share
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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, see
Instruction 4(b)(v).
Page 1 of 2
SEC 1474 (7-96)
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
=================================================================================================================================
<S> <C> <C> <C> <C> <C>
1. Title of 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriva- 6. Date Exercis-
Derivative sion or action tion tive Securities Ac- able and Expi-
Security Exer- Date Code quired (A) or Dis- ration Date
(Instr. 3) cise (Month/ (Instr. 8) posed of (D) (Month/Day/
Price of Day/ (Instr. 3, 4 and 5) Year)
Deriva- Year) ------------------
tive Se- Date Expira-
curity ------------------- Exer- tion
Code V (A) (D) cisable Date
------------ -------- -------- ---- ----- -------- ----- -------- --------
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
1. Title of 7. Title and Amount of 8. Price of 9. Number of 10. Ownership Form 11. Nature of
Derivative Underlying Securities Derivative derivative of Derivative Indirect
Security (Instr. 3 and 4) Security Securities Security: Direct Beneficial
(Instr. 3) (Instr. 5) Beneficially (D) or Indirect Ownership
-------------------------- Owned at End (I) (Instr. 4)
Amount or of Month (Instr. 4)
Number of (Instr. 4)
Title Shares
----------- ----------- -------- --------- ------------ ---------------- ----------
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</TABLE>
Explanation of Responses:
(1) Shares of Common Stock are represented in the hands of the Reporting Person
by Voting Trust Certificates issued by the Management Voting Trust,
established pursuant to the Management Voting Trust Agreement, which holds
(and has the sole right to vote) shares of Common Stock beneficially owned
by employees and certain former employees of Young & Rubicam Inc. Voting
Trust Certificates and the shares of Common Stock which they represent may
not be sold or purchased apart from one another.
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C.
78ff(a).
/s/ Mark T. McEnroe 02/10/99
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Mark T. McEnroe, attorney-in Date
fact, on behalf of Stephanie W.
Abramson
Note: File three copies of this Form, one of which must be
manually signed. If space is insufficient, see Instruction 6
for procedure.
