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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)
Lizanne Galbreath Director X 10% Owner
(Last) (First) (Middle) --- ---
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 Feb-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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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 2/4/99 J 6,676 A 399,790 D
Common Stock 2/4/99 J 667,586 D 475,000 I
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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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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:
Galbreath Holdings, LLC ("Galbreath Holdings") is owned by Ms. Galbreath and
three grantor retained annuity trusts, the grantors of which are Ms. Galbreath,
Laurie Galbreath Nichols and John W. Galbreath II (collectively, the
"Grantors"). On February 4, 1999, Galbreath Holdings distributed 667,586 shares
of Common Stock, in aggregate, to Ms. Galbreath and the grantor retained
annuity trusts. Directly and through her grantor retained annuity trust,
Ms. Galbreath received 6,676 shares of Common Stock. The 6,676 shares
of Common Stock represent the pro rata portion attributable to Ms. Galbreath of
the 667,586 shares of Common Stock distributed by Galbreath Holdings. As
managing member of Galbreath Holdings, Mrs. Galbreath is the indirect beneficial
owner of its shares.
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<S> <C> <C>
Galbreath Holdings, LLC
/s/ Lizanne Galbreath 3/10/99
**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 is insufficient, see Instruction 6 for procedure.
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SEC 1474 (7-96)