FORM 4
( ) Check this box if no longer
subject to Section 16. Form 4 ----------------------------
or Form 5 obligations may continue. | OMB APPROVAL |
See Instruction 1(b). |--------------------------|
| |
U.S. SECURITIES AND EXCHANGE COMMISSION | OMB NUMBER: 3235-0287 |
WASHINGTON, D.C. 20549 | EXPIRES: |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP | SEPTEMBER 30, 1998 |
| ESTIMATED AVERAGE |
Filed pursuant to Section 16(a) of the | BURDEN HOURS |
Securities Exchange Act of 1934, | PER RESPONSE 0.5 |
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
John R. Walter
c/o LaSalle Partners Incorporated
200 East Randolph Drive
Chicago, IL 60601
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2. Issuer Name and Ticker or Trading Symbol
LaSalle Partners Incorporated, LAP
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3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY)
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4. Statement for Month/Year
10/97
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of reporting person to Issuer (Check all applicable)
(X) DIRECTOR
( ) 10% OWNER
( ) OFFICER (GIVE TITLE BELOW)
( ) OTHER (SPECIFY TITLE BELOW)
___________________________________________________
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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
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1. Title of Security (Instr. 3)
Common Stock, par value $.01 ("Common Stock")
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2. Transaction Date (Month/Day/Year)
October 22, 1997
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3. Transaction Code (Instr.8)
P
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)
12,077 shares of Common Stock, A, $20.70 per share
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5. Amount of Securities Beneficially Owned at End of Month
(Instr. 3 and 4)
24,577
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6. Ownership Form: Direct(D) or Indirect(I) (Instr. 4)
I
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
By Self as Trustee for Self, Spouse and Others
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Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
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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 Security (Instr. 3)
Not applicable
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2. Conversion or Exercise Price of Derivative Security
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3. Transaction Date (Month/Day/Year)
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4. Transaction Code (Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
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6. Date Exercisable and Expiration Date (Month/Day/Year)
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7. Title and Amount of Underlying Securities (Instr. 3 and 4)
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8. Price of Derivative Securities (Instr. 5)
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9. Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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EXPLANATION OF RESPONSES:
/s/ Fritz E. Freidinger as Attorney-in-Fact November 6, 1997
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**SIGNATURE OF REPORTING PERSON Date
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INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A).
