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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
[ ] Check this box if no Washington, D.C. 20549
longer subject to Section STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
16. Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities Exchange Act of
obligations may continue. 1934, Section 17(a) of the Public Utility Holding Company Act of
See Instruction 1(b). 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 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to
Reporting Person* TOM BROWN, INC. Issuer (Check all applicable)
AUSTIN, JR. EDWARD H. ___ Director ___ 10% Owner
(Last) (First) (Middle)
___ Officer (give _X__ Other (specify
title below)'DD'
c/o Austin, Calvert & Flavin below)
112 East Pecan, Suite 2800 3. IRS or Social 4. Statement for
(Street) Security Number of Month/Year
Reporting Person October 1997 Member of Group Owning 10%
(Voluntary)
5. If Amendment, 7. Individual or Joint/Group Filing
Date of Original (Check Applicable Line)
(Month/Year) X Form filed by One Reporting Person
San Antonio, Texas 78205 ---
(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 Code or Disposed of (D) Securities Form: Direct of Indirect
(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
(Month/Day/Year) and 4)
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Common Stock 10/17/97 P 1,000 A 24.625 1,000 I (1)
Common Stock 10/17/97 P 1,000 A 24.625 3,000 I (2)
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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).
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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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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) Expiration
Security Year) (Instr. 3, 4 and 5) Date
(Month/
Day/
Year)
Date Expira-
Exer- tion
Code V (A) (D) cisable Date
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1. Title of Derivative Security 7. Title and 8. Price of 9. Number of 10. Ownership 11. Nature
(Instr. 3) 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:
'DD' The reporting person may be deemed to be a member of a group holding equity
securities of the Issuer. The filing of this report shall not be deemed an
admission that the reporting person is a member of such group.
(1) The amount of securities shown in Columns 4 and 5 of Table I of this Form 4
is owned beneficially by Mary D. Austin, the reporting person's mother. The
entire amount of the Issuer's securities held by his mother is reported
herein. The reporting person disclaims any beneficial ownership of the
Issuer's securities reported herein for purposes of Rule 16a-1(a) under the
Securities Exchange Act of 1934 (the "Act") or otherwise.
(2) The amount of securities shown in Columns 4 and 5 of Table I of this Form 4
is owned beneficially by the estate of Edward H. Austin, Sr., the reporting
person's father. The entire amount of the Issuer's securities held by his
father's estate is reported herein. The reporting person disclaims any
beneficial ownership of the Issuer's securities reported herein for
purposes of Rule 16a-1(a) under the Act or otherwise.
Signature of reporting person
Edward H. Austin, Jr. 11/12/97
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Edward H. Austin, Jr. Date
STATEMENT OF DIFFERENCES
The double dagger symbol shall be expressed as................'DD'
