<TABLE>
<CAPTION>
FORM 4
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[ ] CHECK THIS BOX IF NO LONGER OMB APPROVAL
SUBJECT TO SECTION 16. FORM 4 OR --------------------------------
FORM 5 OBLIGATIONS MAY CONTINUE. OMB NUMBER: 3235-0287
SEE INSTRUCTION 1(B). EXPIRES: SEPTEMBER 30, 1998
(PRINT OR TYPE RESPONSES) ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE..........0.5
--------------------------------
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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<S> <C> <C>
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting
Person to Issuer
Winokur, Herbert S., Jr. DynCorp (Check all applicable)
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(Last) (First) (Middle) 3. IRS or Social 4. Statement for Month/Year [X] Director [ ] 10% Owner
Security Number [ ]Officer [ ]Other
of Reporting September 1998 (give title (specify title
30 East Elm Street Person below) below)
- --------------------------------------- (Voluntary)
(Street)
----------------------------
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Greenwich CT 06830 5. If Amendment, 7. Individual or Joint/Group Filing
- --------------------------------------- Date of Original (Check Applicable Line)
(City) (State) (Zip) (Month/Year)
[ ] Form filed by One Reporting Person
[X] 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. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership Form: 7. Nature of
(Instr.3) action action Code or Disposed of (D) Securities Direct (D) or Indirect
Date (Instr. 8) (Instr. 3,4 and 5) Beneficially Indirect (I) Beneficial
Owned at End of (Instr. 4) Ownership
(Month/ Month (Instr. 4)
Day/Year)
-------------------------------------------------
Code V Amount (A) or (D) Price (Instr. 3 and 4)
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Common Stock, par
value $.10 per share 09/22/98 J(1) 1,231,952 D(1) N/A 0 D (2)
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Common Stock, par
value $.10 per share 09/22/98 J(1) 35,639 A(1) N/A 35,639 D (3)
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Common Stock, par
value $.10 per share 09/22/98 J(2) 409,773 A(1) N/A 409,773 1 (4)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). SEC 1474 (7/96)
Page 1 of 3
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<PAGE>
<TABLE>
<CAPTION>
FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(E.G., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C>
1. Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of
Derivative or Exercise Date Code Derivative
Security Price of (Month/Day/Year) (Instr. 8) Securities
(Instr. 3) Derivative Acquired (A)
Security or Disposed
of (D)
---------------------------------
Code V (A) (D)
- ---------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(E.G., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C>
6. Date 7. Title and Amount 8. Price of 9. Number of 10. Ownership 11. Nature of
Exercisable of Underlying Derivative Derivative Form of Indirect
and Expiration Securities Security Securities Derivative Beneficial
Date (Instr. 3 and 4) Beneficially Security: Ownership
(Month/Day/Year) Owned at Direct (D) or (Instr. 4)
End of Indirect (I)
Month (Instr. 4)
(Instr. 4)
------------------------------------------
Amount
Date Expir- or
Exer- ation Number
cisable Date Title of Shares
- -----------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Explanation of Responses: SEC 1474 (7/96)
1. Effective September 22, 1998, Capricorn Investors, L.P. distributed all of the shares of DynCorp Common Stock held by it to its
partners.
2. Shares directly owned by Capricorn Investors, L.P., which directly held 0 shares at September 30, 1998. All of the shares held
by Capricorn Investors, L.P. on September 22, 1998 were distributed by it to its partners.
3. Directly owned by Herbert S. Winokur, Jr.
4. Beneficially owned by Herbert S. Winokur, Jr., who may be deemed to have a pecuniary interest in these shares through Winokur
Holdings, Inc., which directly held 409,773 shares at September 30, 1998.
Herbert S. Winokur, Jr. October 9, 1998
/s/ HERBERT S. WINOKUR, JR.
-----------------------
** International 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,
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
Capricorn Investors, L.P. October 9, 1998
By: Capricorn Holdings, G.P.
By: Winokur Holdings, Inc.
/s/ HERBERT S. WINOKUR, JR.
-----------------------------
Name: Herbert S. Winokur, Jr.
Title: President
Page 2 of 3
</TABLE>
<PAGE>
FORM 4 - ADDITIONAL REPORTING PERSON INFORMATION
1. Name and Address of Additional Reporting Person:
Capricorn Investors, L.P.
30 East Elm Street
Greenwich, Connecticut 06830
Page 3 of 3
