<TABLE>
<CAPTION>
------- U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
/FORM 4/ WASHINGTON, D.C. 20549 ------------------------------
- ------- STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number 3235-0287
Expires: September 30, 1998
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Estimated
Section 17(a) of the Public Utility Holding Company Act of 1935 or average
Section 30(f) of the Investment Company Act of 1940 burden hours
per response....0.5
<S> <C> <C>
/ / Check this box if no longer
subject to Section 16. Form 4
of Form 5 obligations may continue.
See Instruction 1(b).
</TABLE>
<TABLE>
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person
to Issuer (Check all applicable)
Tondera, Jr. Steve E. HEI, Inc. (HEI)
-------------------------------------------- -----------------------------------
_______________________________________ 3. IRS or Social Security 4. Statement for X Director 10% Owner
(Last) (First) (Middle) Number of Reporting Month/Year ---
Person (Voluntary) October 1998 --- Officer (give ____ Other
--- title below) (specify
below)
4433 Corinth Drive 5. If Amendment,
______________________________________ Date of Original
(Street) (Month/Year)
Birmingham, AL 35213
______________________________________
(City) (State) (Zip) 7. Individual or Joint/Group Filing
(Check Applicable Line)
X Form filed by One Reporting Person
---
___ Form filed by More than One
Reporting Person
</TABLE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Month/ (Instr. 8) Owned at Direct Bene-
Day/ End of (D) or ficial
Year) Month Indirect Owner-
(Instr. 3 (I) ship
and 4) (Instr. 4) (Instr. 4)
--------------------------------------------
Code V Amount (A) or Price
(D)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock $.05 par value 12/3/98 P 5,000 A $5.0625 5,000 (D)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock $.05 par value 1,100 (I) spouse
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
*If the form is filed by more than reporting person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses)
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 Exer- 7. Title and 8. Price 9. Number
Derivative sion or action tion Derivative cisable and Amount of of of
Security Exercise Date Code Securities Expiration Underlying Deriva- Deriva-
(Instr. 3) Price of (Instr. 8) Acquired (A) Date (Month/ Securities tive tive
Deriva- (Month/ or Disposed Day/Year) (Instr.3 Security Securi-
tive Day/ of (D) and 4) (Instr. ties Bene-
Security Year) (Instr. 3, 5) ficially
4, and 5) Owned at
End of
Month
(Instr. 4)
10. Ownership 11. Nature of
Form of Indirect
Derivative Beneficial
Security: Ownership
Direct (D) (Instr. 4)
or Indirect
(I)(Instr. 4)
-------------------------------------
Date Expir-
Exer- ation Amount or
cisable Date Title Number of
Shares
------- ----- ----- -----
Code V (A) (D)
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- ----- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- ----- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- ----- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- ----- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- -- -- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- --- - ---------- ---------- ------- -----
</TABLE>
Explanation of Responses:
/s/ Steve E. Tondera, Jr. January 8, 1999
------------------------------- -----------------
**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).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
