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 Leonard
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(Last) (First) (Middle)
5770 Miami Lakes Drive
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(Street)
Miami Lakes FL 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)
x Director 10% Owner
Officer (give title below) Other (specify below)
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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) 2,271 D
Common Stock,
$.01 par value 1,050 D
Commom Stock,
$.01 par value 299 I (1)
Class B Stock,
$.01 par value 8/9/96 S 419,800 D $6(2) 0 D
Class B Stock,
$.01 par value 8/9/96 S 100,000 D $6(2) 0 I (3)
Class B Stock,
$.01 par value 8/9/96 S 127,457 D $6(4) 0 I (4)
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)
Page 1 of 2
<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
Explanation of Responses:
(1) Includes 299 shares beneficially owned by the undersigned's wife, Gloria Luria,
as to which shares the undersigned disclaims 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) Includes 100,000 shares beneficially owned by the undersigned's wife Gloria Luria,
as to all which shares the undersigned disclaims any beneficial ownership.
(4) Includes 127,457 shares beneficaially owned by the undersigned's wife, Gloria
Luria, pursuant to an irrevocable trust created by Leonard Luria for the benefit
of Gloria Luria, as to all which shares the undersigned disclaims any beneficial
ownership. 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.
**Intentional missatements or omissions of facts constitute Federal Criminal Violations. /s/ Leonard Luria 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>
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SEC 1474 (8/92)
