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FORM 4 OMB APPROVAL
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- ----- Check this box if no longer OMB Number: 3235-0287
X subject to Section 16. Form 4 Expires: September 30, 1998
- ----- or Form 5 obligations may Estimated average burden
continue. SEE Instruction 1(b). hours per response .... 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Tontine Partners, L.P.
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(Last) (First) (Middle)
200 Park Avenue, Suite 3900
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(Street)
New York NY 10166
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
EMCOR Group, Inc. (EMCG)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
September, 1998
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director
[X] 10% Owner
[ ] Officer (give title below)
[ ] Other (specify below)
Member of a group owning more than 10% of Issuer's Common Stock++
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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>
<CAPTION>
TABLE I--NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED
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1. Title of Security 2.Trans- 3. Trans- 4. Securities Acquired (A)
(Instr. 3) action action or Disposed of (D)
Date Code (Instr. 3, 4 and 5)
(Month/ (Instr. 8) --------------------------
Day/ ----------- Amount (A) or Price
Year) Code V (D)
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<S> <C> <C> <C> <C> <C> <C>
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Common Stock 8/27/98 S 170,000 D $14.625
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Common Stock 9/11/98 S 221,822 D $13.64
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5. Amount of 6. Ownership 7. Nature of
Securities Form: Direct Indirect
Beneficially (D) or Indirect Beneficial
Owned at End (I) (Instr. 4) Ownership
of Month (Instr. 4)
(Instr. 3
and 4)
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<C> <C> <C>
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D
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0 D
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</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, SEE
Instruction 4(b)(v).
(Over)
SEC 1474 (7-96)
Page 1 of 2
<PAGE>
FORM 4 (continued)
<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. Title of Derivative 2. Conver- 3. Transac- 4. Transac- 5. Number of
Security (Instr. 3) sion or tion Date tion Code Derivative
Exercise (Month/ (Instr. 8) Securities
Price of Day/ ------------ Acquired (A)
Deriv- Year) Code V or Disposed
ative of (D) (Instr.
Security 3, 4, and 5)
-------------
(A) (D)
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<S> <C> <C> <C> <C> <C> <C>
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6. Date Exer- 7. Title and Amount 8. Price of 9. Number of
Exercisable and of Underlying Derivative Derivative
Expiration Date Securities Security Securities
(Month/Day/ (Instr. 3 and 4) (Instr. 5) Beneficially
Year) ------------------- Owned at
- ------------------ Amount or End of Month
Date Expira- Title Number of (Instr. 4)
Exer- tion Shares
cisable Date
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<C> <C> <C> <C> <C> <C>
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10. Ownership 11. Nature of
Form of Indirect
Derivative Beneficial
Security: Ownership
Direct (D) or (Instr. 4)
Indirect (I)
(Instr. 4)
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<C> <C>
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</TABLE>
Explanation of Responses
**Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
++The Reporting Person expressly disclaims having had a beneficial ownership
of more than 10% of the Common Stock of the Issuer.
Note: File three copies of this form, one of which must be manually signed.
If space is insufficient, SEE Instruction 6 for procedure.
TONTINE PARTNERS, L.P.
By: Tontine Management, L.L.C.,
General Partner
/s/ Jeffrey L. Gendell 10/14/98
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By: Jeffrey L. Gendell Date
Title: Managing Member
**Signature of Reporting Person
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