FORM 5
[ ]Check box if no longer U.S. SECURITIES AND EXCHANGE COMMISSION
subject to Section 16. Washington, D.C. 20549
Form 4 or Form 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
obligations may Filed pursuant to Section 16(a) of the Securities
continue. See Exchange Act of 1934, Section 17(a) of the Public
Instruction 1(b). Utility Holding Company Act of 1935 or Section 30(f)
[ ]Form 3 Holdings of the Investment Company Act of 1940
Reported
[ ]Form 4 Transactions
Reported
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1. Name and Address of Reporting Person*
Lindsey Garth S.
(Last) (First) (Middle)
United Television, Inc.
132 S. Rodeo Dr.--4th Fl.
(Street)
Beverly Hills CA 90212
(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
United Television, Inc. (UTVI)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
12/96
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5. If Amendment, Date or Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
Director 10% Owner
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x Officer (give title below) Other
---------- ---------- (specify
below)
Executive Vice President, Chief Financial Officer, and Secretary
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7. Individual or Joint/Group Filing
(Check applicable line)
X Form Filed by one Reporting Person
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Form Filed by more than one Reporting Person
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Table I - Non-Derivative Securties Acquired, Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
1. Title of security 2.Transaction 3.Transaction 4.Securities 5.Amount of 6.Ownership 7.Nature of
(Inst.3) Date Code Acquired (A) Securities Form: Indirect
(Month/Day/Year) (Instr. 8) or Disposed Beneficially Direct (D) Beneficial
of (D) (Instr. Owned at End Indirect (I) or Ownership
3,4, and 5) of Issuer's (Instr. 4) (Instr. 4)
Fiscal Year
(Instr. 3 and 4)
Amount (A) Price
or
(D)
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
*If the form is filed by more than one 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)
<PAGE>
FORM 5 (Continued) Table II-Derivative Securities Acquired, Disposed of,
or Beneficially Owned (e.g. puts, call, warrants, options,
convertible securities)
<TABLE>
<CAPTION>
1. Title of 2. Conversion or 3. Transaction 4.Transaction 5. Number of 6.Date
Derivative Exercise Price Date Code (Instr. Derivative Exercisable
Security of Derivative (Month/ 8) Securities and Expiration
(Instr.3) Security Day/Year) Acquired (A) Date
or Disposed (Month/Day/Year)
(D) (Instr.3,
4 and 5) Date Expiration
(A) (D) Exercisable Date
<S> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option
(Right to buy) $89.00 4/25/96 A 4,000 4/25/97 4/24/01
Employee Stock Option
(Right to buy) $89.00 4/25/96 A 4,000 4/25/98 4/24/01
Employee Stock Option
(Right to buy) $89.00 4/25/96 A 4,000 4/25/99 4/24/01
<CAPTION>
7.Title and 8.Price of 9.Number of 10.Ownership 11.Nature
Amount of Derivative Derivative Form of of
Underlying Security Securities Derivative Indirect
Securities (Instr. 5) Beneficially Security: Beneficial
(Instr.3 Owned at End Direct (D) Ownership
and 4) of Year or (Instr.4)
(Instr.4) Indirect (I)
(Instr.4)
Title Number
of Shares
<S> <C> <C> <C> <C> <C>
Common Stock 4,000 4,000 D
Common Stock 4,000 4,000 D
Common Stock 4,000 4,000 D
Explanation of Responses:
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</TABLE>
**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.
/s/Garth S. Lindsey January 31, 1997
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**Signature of Reporting Person Date
