FORM 4
[ ]Check 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 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| 2. Issuer Name and Ticker or Trading
Lindsey Garth S. | Symbol
(Last) (First) (Middle)|
132 South Rodeo Drive | United Television, Inc. (UTVI)
Fourth Floor |--------------------------------------
(Street) | 3. IRS or Social Security Number of
Beverly Hills CA 90212| Reporting Person (Voluntary)
(City) (State) (Zip)|
|
- -----------------------------------------------------------------------------
4. Statement of Month/Year |5. If Amendment, Date or Original (Month/Year)
12/99 |
|
- -----------------------------------------------------------------------------
6. Relationship of Reporting |7. Individual or Joint/Group Filing
Person to Issuer |
(Check all applicable) | X Form filed by one Reporting Person
| ---
Director 10% Owner |
- --- --- | Form filed by more than one Reporting
x Officer (give Other | --- Person
- --- title below) --- (specify |
below) |
Executive Vice President |
- ------------------------------------------------------------------------------
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
Date Code Acquired (A) Securities Form: Indirect
(Month/Day/Year) or Disposed Beneficially Direct (D) Beneficial
of (D) Owned at End Indirect (I) or Ownership
Code V of Month
Amount (A) Price
or
(D)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 12/03/99 M 200 A 53.50
12/06/99 M 2,800 A 53.50
12/13/99 M 500 A 53.50
12/16/99 M 1,200 A 53.50
12/17/99 M 300 A 53.50
12/20/99 M 2,000 A 53.50
12/21/99 M 3,000 A 53.50
12/22/99 M 5,000 A 53.50
12/03/99 S 200 D 139.4375
12/06/99 S 2,800 D 135.5000
12/10/99 S 500 D 135.0000
12/15/99 S 100 D 134.0000
12/16/99 S 1,100 D 133.9375
12/17/99 S 300 D 136.7500
12/20/99 S 2,000 D 130.4437
12/21/99 S 3,000 D 127.5833 -0- D
5,727 I By trust
8,733 I By trust*
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
FORM 4 (Continued) Table II-Derivative Securities Acquired, Disposed
of, or Beneficially Owned (e.g. puts, calls,
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 Derivative Exercisable
Security of Derivative (Month/ Securities and Expiration
Security Day/Year) Acquired (A) Date
or Disposed of (Month/Day/Year)
(D)
Date Expiration
Code V (A) (D) Exercisable Date
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Employee stock option
(right to buy) 53.50 12/03/99 M 200 12/27/95** 12/26/99
53.50 12/06/99 M 2,800 12/27/95** 12/26/99
53.50 12/13/99 M 500 12/27/95** 12/26/99
53.50 12/16/99 M 1,200 12/27/95** 12/26/99
53.50 12/17/99 M 300 12/27/95** 12/26/99
53.50 12/20/99 M 2,000 12/27/95** 12/26/99
53.50 12/21/99 M 3,000 12/27/95** 12/26/99
53.50 12/22/99 M 5,000 12/27/95** 12/26/99
<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 Month or (Instr.4)
(Instr.4) Indirect (I)
(Instr.4)
Title Number
of Shares
<S> <C> <C> <C> <C> <C>
Common Stock 200 -- -0- D
Common Stock 2,800 -- -0- D
Common Stock 500 -- -0- D
Common Stock 1,200 -- -0- D
Common Stock 300 -- -0- D
Common Stock 2,000 -- -0- D
Common Stock 3,000 -- -0- D
Common Stock 5,000 -- -0- D
- -----------------------------------------------------------------------------------------------------
Explanation of Responses:
* Shares held in Employees Stock Purchase Plan as of 12/31/99.
**Option became exercisable as to one-third of shares covered thereby
annually, beginning on 12/27/95.
- -----------------------------------------------------------------------------------------------------
</TABLE>
/s/ Garth S. Lindsey January 4, 2000
- ------------------------------------- -----------------
**Signature of Reporting Person Date
