FORM 4
[ ]Check box if no longer
subject to Section 16. Form 4
or Form 5 obligations may
continue. See Instruction 1(b).
U.S. 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
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1. Name and Address of Reporting Person | 2. Issuer Name and Ticker or Trading
Merkel Joelen K. | Symbol
(Last) (First) (Middle) | Chris-Craft Industries, Inc.
Chris-Craft Industries,Inc. | (CCN)
5355 Town Center Rd., Suite 200 | ------------------------------------
(Street) | 3. IRS or Social Security Number of
Bpca Raton FL 33486 | Reporting Person (Voluntary)
(City) (State) (Zip) |
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4. Statement of Month/Year | 5. If Amendment, Date of Original (Month/Year)
|
06/99 |
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6. Relationship of Reporting | 7. Individual or Joint/Group Filing
Person to Issuer |
(Check all applicable) | x Form filed by one Reporting Person
| ---
Director 10% Owner |
--- --- | --- Form filed by more than one
x Officer (give Other | Reporting Person
--- title below) --- (specify |
below) |
Vice President and Treasurer |
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Table I - Non-Derivative Securties Acquired, Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
1. Title of security 2.Transaction 3.Transaction 4.Securities 5.Amount of 6.Ownership 7.Nature of
Date Code Acquired (A) Securities Form: Indirect
(Month/Day/Year) or Disposed Beneficially Direct (D) or Beneficial
of (D) Owned at End Indirect (I) Ownership
Code V Amount (A) Price of Month
or
(D)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 06/09/99 G V 2217 D -- 15416 D
Common Stock 19573 I By trust*
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</TABLE>
<PAGE>
FORM 4 (Continued) Table II-Derivative Securities Acquired, Disposed
of, or Beneficially Owned (e.g. puts, calls,
warrants, options, convertible securities)
<TABLE>
<CAPTION>
1. Title of 2. Conversion or 3. Transaction 4. Transaction 5. Number of 6. Date
Derivative Exercise Price Date Code Derivative Exercisable
Security of Derivative (Month/ Securities and Expiration
Security Day/Year) Acquired (A) Date
or Disposed (Month/Day/Year)
of (D) Date Expiration
Code V (A) (D) Exercisable Date
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<CAPTION>
7. Title and Amount of 8. Price of 9. Number of 10. Ownership 11. Nature
Underlying Securities Derivative Derivative Form of of
Security Securities Derivative Indirect
Beneficially Security: Beneficial
Owned at End Direct (D) Ownership
of Month or
Indirect (I)
Title Number
of Shares
<S> <C> <C> <C> <C> <C>
</TABLE>
Explanation of Responses:
*Held in Employees Stock Purchase Plan as of 12/31/98
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**Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note. File three copies of this form, one of which must be manually
signed. If space provided is insufficient, see Instruction 6 for procedure.
/s/ Joelen K. Merkel July 08, 1999
- ------------------------------------- -----------------
**Signature of Reporting Person Date
