U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
FORM 4
- -----Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may continue.
SEE Instruction 1(b).
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.
1. Name and Address of Reporting Person:
CALIANESE MCPARTLAND ELIZABETH J.
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(Last) (First) (Middle)
445 ELIZABETH STREET
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(Street)
NEW MILFORD NJ 07646
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol:
EMERSON RADIO CORP. (MSN-AMEX)
3. IRS or Social Security Number of Reporting Person (Voluntary):
###-##-####
4. Statement for (Month/Year): 10/96
5. If Amendment, Date of Original (Month/Year):
6. Relationship of Reporting Person to Issuer (Check all applicable):
Director 10% Owner
- ----- -----
X Officer (give title below): Other (specify below):
- ----- -----
VICE PRESIDENT-HUMAN RESOURCES, SECRETARY
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<TABLE>
TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<CAPTION>
1.Title of 2.Trans- 3.Trans- 4.Secur- 5.Amount 6.Own- 7.Nature
Security action action ities of ership of In-
(Instr.3) Date Code Acquired Securit- Form: direct
(Month/ (Instr. (A) or ies Direct Bene-
Day/ 8) Disposed Benefi- (D) or ficial
Year) of (D) cially In- Owner-
(Instr. Owned at direct ship
3,4 and End of (I) (Instr.
5) Month (In- 4)
(Instr. str.
3 and 4) 4)
- ---------- --------- -------- --------- -------- ------- -------
<C> <C> <C> <C> <C> <C> <C>
NONE N/A N/A N/A N/A N/A N/A
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<TABLE>
TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(E.G., puts, calls, warrants, options, convertible securities):
<CAPTION>
1.Title 2.Conversion 3.Trans- 4.Trans- 5.Number 6.Date
of or Exercise action action Code of Deriv- Exer-
Derivative Price of Date (Instr.8) ative cisable
Security Derivative (Month/ Securi- and Ex-
(Instr.3) Security Day/Year) ities piration
Acquired Date
(A) or (Month/
Disposed Day/
of (D) Year)
(Instr.
3,4 and
5)
---------- ------------ --------- ------------ ----------- -------
<C> <C> <C> <C> <C> <C>
STOCK $2.25 10/1/96 A 30,000 Exercis:
OPTION (A) *
Exp:
10/1/06
<CAPTION>
7.Title 8.Price of 9.Number 10. Owner- 11.Nature
and Derivative of Deriv- ship Form of In-
Amount of Security ative of Deriva- direct
Underlying (Instr.5) Securities tive Secu- Bene-
Securit- Bene- rity: ficial
ies ficially Direct (D) Owner-
(Instr.3) Owned at or Indirect ship
and 4) End of (I) (Instr.4)
Month (Instr.4)
(Instr.4)
----------- ---------- ----------- ------------- ---------
<C> <C> <C> <C>
Common $2.25 30,000 D
Stock
30,000
</TABLE>
Explanation of Responses:
*On October 1, 1996 the reporting person was granted an option to purchase
30,000 shares of Common Stock pursuant to Emerson Radio Corp.'s Stock
Compensation Program; the Program was approved by the shareholders on August 8,
1994. The option vests in three equal annual installments beginning October 1,
1997.
/s/ Elizabeth J. Calianese McPartland 11/6/96
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**Signature of Reporting Person Date
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
