FORM 4
[ ] Check this 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 Exchanges 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
OMB APPROVAL
OMB NUMBER 3235-0287
EXPIRES: APRIL 30, 1997
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE...0.5
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1. Name and Address of Reporting Person
Luria-Cohen Nancy
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(Last) (First) (Middle)
5770 Miami Lakes Drive
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(Street)
Miami Lakes Florida 33014
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
L. Luria & Son, Inc. (LUR)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
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4. Statement for Month/Year August 1996
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5. If Amendment, Date of Original (Month/Year)
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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)
VP/General Counsel/Secretary
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<TABLE>
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
<S> <C> <C> <C> <C> <C> <C>
7. Nature
6. Owner- of In-
ship Form: direct
5. Amount of Securities Direct (D) or Bene-
1. Title of 2. Transaction 3. Transaction 4. Securities Acquired (A) Beneficially Owned Indirect ficial
security Date Code or Disposed of (D) at End of Month (I) Ownership
(Instr. 3) (Month/Day/Year) (Instr. 8) (Instr. 3, 4, and 5) (Instr. 3 and 4) (Instr. 4) (Instr. 4)
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Code V Amount (A) Price
or (D)
Common Stock,
$.01 par value
401(k) 752 D
Common Stock,
$.01 par value 1,800 D (1)
Commom Stock,
$.01 par value 2,112 D
Class B Stock,
$.01 par value 8/9/96 S 202,094 D $6(2) 0 D
Class B Stock,
$.01 par value 8/9/96 S 57,954 D $6(3) 0 I (3)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474(8/92)
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<PAGE>
FORM 4 (continued)
TABLE II-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
1. Title of 2. Conver- 3. Trans- 4. Transac- 5. Number of 6. Date Ex- 7. Title and 8. Price 9. Number 10. Owner- 11. Nature
Derivative sion or action tion Derivative ercisable Amount of of of De- ship of In-
Security Exercise Date Code Securities and Ex- Underlying Deriv- rivative Form direct
(Instr. 3) Price of (Month/ (Instr. Acquired piration Securities ative Secur- of De- Bene-
Deriv- Day/ 8) (A) or Date (Instr. 3 Secur- ities rivative ficial
ative Year) Disposed (Month/ and 4) ity Bene- Security: Owner-
Security of (D) Day/Year) (Instr. ficially Direct ship
(Instr. 3, 5) Owned (D) or (Instr.
4, and 5) at End Indirect 4)
of Month (I)
(Instr. (Instr.
4) 4)
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Amount
Date or
Exer- Expi- Number
cis- ration of
Code V (A) (D) able Date Title Shares
Stock Option
(right to buy)
(4) $12.25 8/9/96 H 3/30/95 3/30/98 Common 10,000 0
Stock
Stock Option
(right to buy)
(4) $9.625 8/9/96 H 4/7/96 4/7/99 Common 5,000 0
Stock
Stock Option
(right to buy)
(4) $6.125 8/9/96 H 4/21/97 4/21/00 Common 5,000 0
Stock
Explanation of Responses:
SEE ATTACHED
**Intentional missatements or omissions of facts constitute Federal Criminal Violations. /s/ Nancy Luria-Cohen September 10, 1996
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). --------------------- ------------------
** Signature of Date
Reporting Person
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, SEE Instruction 6 for procedure.
</TABLE>
Page 2
SEC 1474 (8/92)
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<PAGE>
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
FORM 4
(Continuation Sheet)
Item 1. Name: Luria-Cohen, Nancy
5770 Miami Lakes Drive
Miami Lakes, FL 33014
Item 2. Issuer: L. Luria & Son, Inc. (LUR)
Item 3. Socia Security Number: ####-##-####
Item 4. Statement for Month of: August 1996
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Explanation of Responses:
Table 1:
(1) Includes 1,800 shares beneficially owned by the undersigned's husband,
Dan Cohen, as to all which shares the undersigned disclaims any
beneficial ownership.
(2) 74.1% of the sale price was paid in cash; 25.9% of the sale price was
paid by delivery of promissory notes maturing in two years and bearing
interest at the rate of 8% per annum, with interest payable quarterly
commencing on January 1, 1997.
(3) As co-trustee with Hank Luria of 28,594 shares under a Trust created
by Gloria Luria for the benefit of Gloria Luria as income beneficiary,
and 29,000 shares under a Trust created by Leonard Luria for the
benefit of Leonard Luria as income beneficiary. The sale price was
paid by delivery of promissory notes maturing in two years and bearing
interest at the rate of 8% per annum, with interest payable quarterly
commencing on January 1, 1997.
Table 2:
(4) Options issued pursuant to the Issuer's Stock Option Plan.
Cancellation for no value on August 9, 1996, exempt under
Rule 16b-6(d).
THE FILING OF THIS STATEMENT SHALL NOT BE CONSTRUED AS AN ADMISSION THAT THE
REPORTING PERSON IS, FOR THE PURPOSES OF SECTION 16 OF THE SECURITIES EXCHANGE
ACT OF 1934, AS AMENDED, THE BENEFICIAL OWNER OF ANY EQUITY SECURITIES COVERED
BY THIS STATEMENT.
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