FORM 5
( ) Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may continue.
See Instruction 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ANNUAL 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
- --------------------------------------------------------------------------
1. Name and Address of Reporting Person
Daniel W. Cummings
c/o LaSalle Partners Incorporated
200 East Randolph Drive
Chicago, IL 60601
- --------------------------------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol
LaSalle Partners Incorporated, LAP
- --------------------------------------------------------------------------
3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY)
- --------------------------------------------------------------------------
4. Statement for Month/Year
1998
- --------------------------------------------------------------------------
5. If Amendment, Date of Original (Month/Year)
- --------------------------------------------------------------------------
6. Relationship of Reporting Person to Issuer (Check all applicable)
(X) DIRECTOR
( ) 10% OWNER
(X) OFFICER (GIVE TITLE BELOW)
( ) OTHER (SPECIFY BELOW)
Officer of Subsidiary
- --------------------------------------------------------------------------
7. Individual or Joint/Group Filing (Check applicable line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
==========================================================================
TABLE I
Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- --------------------------------------------------------------------------
1. Title of Security (Instr. 3)
Common Stock
- --------------------------------------------------------------------------
2. Transaction Date (Month/Day/Year)
6/30/98
- --------------------------------------------------------------------------
3. Transaction Code (Instr.8)
J, see footnote (1) to this form
- --------------------------------------------------------------------------
<PAGE>
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)
(i) 160,090 shares of Common Stock, A, see footnote (1) to this
form
(ii) 24,873 shares of Common Stock, A, see footnote (1) to this form
- --------------------------------------------------------------------------
5. Amount of Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 3 and 4)
(i) 157,090 shares of Common Stock
(ii) 24,873 shares of Common Stock
- --------------------------------------------------------------------------
6. Ownership Form: Direct(D) or Indirect(I) (Instr. 4)
(i) D
(ii) I
- --------------------------------------------------------------------------
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(i) N/A
(ii) see footnote (1) to this form
- --------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
==========================================================================
TABLE II
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
- --------------------------------------------------------------------------
1. Title of Derivative Security (Instr. 3)
- --------------------------------------------------------------------------
2. Conversion or Exercise Price of Derivative Security
- --------------------------------------------------------------------------
3. Transaction Date (Month/Day/Year)
- --------------------------------------------------------------------------
4. Transaction Code (Instr. 8)
- --------------------------------------------------------------------------
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
- --------------------------------------------------------------------------
6. Date Exercisable and Expiration Date (Month/Day/Year)
- --------------------------------------------------------------------------
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
- --------------------------------------------------------------------------
8. Price of Derivative Security (Instr. 5)
- --------------------------------------------------------------------------
9. Number of Derivative Securities Beneficially Owned at End of Year
(Instr. 4)
- --------------------------------------------------------------------------
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
- --------------------------------------------------------------------------
11. Nature of Indirect Beneficial Ownership (Instr. 4)
- --------------------------------------------------------------------------
==========================================================================
<PAGE>
FOOTNOTE:
1. Effective June 30, 1998, each of DEL-LPL Limited Partnership, a
Delaware limited partnership ("DEL-LPL"), DEL-LPAML Limited Partnership, a
Delaware limited partnership ("DEL-LPAML"), and DEL/LaSalle Finance
Company, L.L.C., an Illinois limited liability company ("DEL/LaSalle"), was
dissolved. DEL-LPL was the 85% member of DEL/LaSalle, and DEL-LPAML was
the 15% member of DEL/LaSalle. On December 17, 1998, all of the shares of
Common Stock held by DEL/LaSalle were distributed to the members as a
liquidating distribution from DEL/LaSalle. On December 17, 1998, all of
the shares of Common Stock held by DEL-LPL and DEL-LPAML, including the
shares received as a liquidating distribution from DEL/LaSalle, were
distributed to the partners of DEL-LPL and DEL-LPAML as a liquidating
distribution. Mr. Cummings, directly and through a corporation of which he
is the sole shareholder, was a partner of DEL-LPL and DEL-LPAML. Mr.
Cummings previously reported indirect beneficial ownership of shares of
Common Stock held by DEL-LPL, DEL-LPAML and DEL/LaSalle, and this form
reports a change in the nature of that ownership. The shares reported on
this form as being indirectly held are held by a corporation of which Mr.
Cummings is the sole shareholder. The difference between the amount
acquired and the amount held at year end is attributable to a previously
reported sale.
/s/ Fritz E. Freidinger as Attorney-in-Fact February 12, 1999
- ------------------------------------------- -----------------
**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).
