UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Sherwood, George K.
4020 Kinross Lakes Parkway
Richfield, OH 44286-9368
USA
2. Issuer Name and Ticker or Trading Symbol
The B.F.Goodrich Company
GR
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
October 1996
5. If Amendment, Date of Original (Month/Year)
October 1996
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Vice President - Tax Administration
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) 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. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |10/18/|M |V|3,854 |A |$25.9375 | | | |
|96 | | | | | | | | |
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" |10/18/|M |V|3,800 |A |$26.3125 | | | |
|96 | | | | | | | | |
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" |10/18/|M |V|2,750 |A |$24.4375 | | | |
|96 | | | | | | | | |
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" |10/18/|F |V|6,132 |D |$43.5625 |26,608 (1) |D | |
|96 | | | | | | | | |
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" | | | | | | |478.2342 |I |Savings Plan Trust |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option |$25.9375|10/18|M | |3,854 |D |3/21/|3/20/|Common Stock|3,854 | |0 | | |
(right to buy) | |/96 | | | | |88 |98 | | | | | | |
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(a portion of the opti|$26.3125|10/18|M | |3,800 |D |2/20/|2/19/|" |3,800 | |0 | | |
ons are Incentive Stoc| |/96 | | | | |89 |99 | | | | | | |
k Options) | | | | | | | | | | | | | | |
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|$24.4375|10/18|M | |2,750 |D |1/4/9|1/3/2|" |2,750 | |0 | | |
| |/96 | | | | |3 |003 | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
(1) On April 1, 1996 there was a 2-for-1 stock split in the form of a stock
dividend, resulting in the acquisition of
additional shares of common
stock.
SIGNATURE OF REPORTING PERSON
/s/ Nicholas J. Calise, pursuant to Power of Attorney
DATE
January 27, 1997