U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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).
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1. Name and Address of Reporting Person
Craven Dorothy W.
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(Last) (First) (Middle)
Post Office Box 1167
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(Street)
Asheboro, NC 27204
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(City) (State) (Zip Code)
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2. Issuer Name and Ticker or Trading Symbol
B.B. Walker Company
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3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
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4. Statement of Month/Year
April 1998
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5. If Amendment, Date of Original Filing (Month/Year)
Not Applicable
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6. Relationship of Reporting Person to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[ X ] Officer (give title below) [ ] Other (specify below)
Corporate Secretary
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<TABLE>
<CAPTION>
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
OR BENEFICIALLY OWNED
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1. Title of 2. Transaction 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
Security Date Code or Disposed of (D) Securities Form: Indirect
(Instr. 3) (MM/DD/YY) (Instr. 8) (Instr. 3, 4 and 5) Beneficially Direct(D) or Beneficial
Owned at Indirect (I) Ownership
End of Month (Instr. 4) (Instr. 4)
(Instr. 3 and 4)
(A) or
Code V Amount (D) Price
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock | 04/17/98 | P | 21 A $.50 | | D |
- -------------------|----------------|----------------|---------------------------|----------------|---------------|------------
- -------------------|----------------|----------------|---------------------------|----------------|---------------|------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
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<TABLE>
<CAPTION>
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g. puts, calls, warrants, options,convertible securities)
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1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Title of Conver- Trans- Trans- Number of Date Exer- Title and Amount Price Number Owner- Nature
Derivative sion or action action Derivative cisable and of Underlying of of Deriv- ship of
Security Exercise Date Code Securities Expiration Securities Deriv- ative Form of Indirect
(Instr. 3) Price of (M/D/Y) (Instr.8) Acquired (A) Date (Instr.3 and 4) ative Secur- Deriv- Bene-
Deriv- or (M/D/Y) Secur- ities ative ficial
ative Disposed (D) ity Bene- Security: Owner-
Security (Instr.3,4,5) (Inst.5) ficially Direct(D) ship
Amount Owned at or Indi- (Inst.4)
or End of rect(I)
Date Expir- Number Month (Instr.4)
Exer- ation of (Instr.4)
Code V (A) (D) cisable Date Title Shares
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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DOROTHY W. CRAVEN 04/17/98
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**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).
