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<S> <C> <C> OMB APPROVAL
U.S. SECURITIES AND EXCHANGE COMMISSION
[ ] Check box if no Washington, D.C. 20549 OMB Number 3235-0287
longer subject to Section STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: September 30, 1998
16. Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities Exchange Act of Estimated average burden
obligations may continue. 1934, Section 17(a) of the Public Holding Company Act of hours per response...... 0.5
See Instruction 1(b). 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Issuer
Reporting Person LaSalle Partners Incorporated, LAP (Check all applicable)
Galbreath Holdings, LLC Director X 10% Owner
(Last) (First) (Middle) --- ---
c/o Lizanne Galbreath Officer (give Other (specify
LaSalle Partners Incorporated --- title --- below)
220 East 42nd Street below)
(Street) 3. IRS or Social 4. Statement for
Security Number of Month/Year -----------------------------------
Reporting Person Jan-99
(Voluntary)
5. If Amendment, 7. Individual or Joint/Group Filing (Check
Date of Original applicable line)
(Month/Year) X Form filed by one Reporting Person
---
New York, New York 10017
(City) (State) (Zip) ___ Form filed by more than one Reporting Person
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<CAPTION>
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature
(Instr. 3) Date (Month/ Code or Disposed of (D) Securities Form: Direct of Indirect
Day/Year) (Instr. 8) (Instr. 3, 4 and 5) Beneficially (D) or Beneficial
Owned at End Indirect (I) Ownership
Code V Amount (A) or Price of Month (Instr. 4) (Instr.4)
(D) (Instr. 3
and 4)
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<S> <C> <C> <C> <C> <C> <C>
Common Stock 1/4/99 J 297,983 D 1,142,586 D
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*If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (over)
(Print or Type Responses) SEC 1474 (7-96)
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FORM 4 (continued)
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<CAPTION>
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C>
1. Title of Derivative Security 2. Conversion 3. Transaction 4. Transaction 5. Number of Derivative 6. Date
(Instr. 3) or Exercise Date Code Securities Acquired Exercisable
Price of (Month/ (Instr. 8) (A) or Disposed of and
Derivative Day/ (D) (Instr. 3, 4 and Expiration
Security Year) 5) Date
(Month/
Day/
Year)
Date Expira-
Exer- tion
Code V (A) (D) cisable Date
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<S> <C> <C> <C> <C>
7. Title and 8. Price of 9. Number of 10. Ownership 11. Nature
Amount of Derivative Derivative Form of of Indirect
Underlying Security Securities Derivative Beneficial
Securities (Instr. 5) Beneficially Security: Ownership
(Instr. 3 Owned at Direct (D) (Instr. 4)
and 4) End of or
Month Indirect (I)
Title Amount or (Instr. 4) (Instr. 4)
Number of
Shares
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Explanation of Responses:
On January 4, 1999, Galbreath Holdings, LLC ("Galbreath Holdings") distributed
297,983 shares, in the aggregate, to its members, which were subsequently
transferred to its grantors and to Lizanne Galbreath, respectively.
The members of Galbreath Holdings are Lizanne Galbreath and three grantor
retained annuity trusts (the "GRATS") the grantors of which are Lizanne
Galbreath, Laurie Galbreath Nichols and John W. Galbreath II. Due to a
computation error in the Reporting Person's prior Form 4 filing, the number of
shares transferred by the Reporting Person to the Belair Capital Fund LLC was
incorrectly listed as 213,506 shares instead of 213,193. Accordingly, the
Reporting Person's beneficial ownership was understated by 313 shares. The
number of shares listed on item 5 of this Form 4 reflects the corrected share
numbers.
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<S> <C> <C>
Galbreath Holdings, LLC
/s/ Lizanne Galbreath 2/10/99
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. ------------------------ ------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). By: Lizanne Galbreath Date
Title: Managing Member
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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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SEC 1474 (7-96)
