U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) Check 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
Hare, Stephen E.
120 Tredegar Street
Richmond, VA 23219
USA
2. Issuer Name and Ticker or Trading Symbol
James River Corporation of Virginia
JR
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
July 1996
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)
Senior Vice President, Chief Financial Officer
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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 Year |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
common stock |5/24/9|J (1|V|12,417 |D | |6,145 |D | |
|6 |) | | | | | | | |
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. | | | | | | | | | |
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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 | | | |Year |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
employee stock option |$24.85 |5/24/|H |V|5,080 |D |(2) |6/2/0|common stock|5,080 | |0 |D | |
(right to buy) | |96 | | | | | |0 | | | | | | |
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employee stock option |$25.53 |5/24/|H |V|4,247 |D |(3) |6/14/|common stock|4247 | | | | |
(right to buy) | |96 | | | | | |01 | | | | | | |
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employee stock option |$21.59 |5/24/|H |V|1,016 |D |(4) |1/25/|common stock|1016 | | | | |
(right to buy) | |96 | | | | | |02 | | | | | | |
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employee stock option |$20.18 |5/24/|H |V|5,588 |D |(5) |3/10/|common stock|5588 | | | | |
(right to buy) | |96 | | | | | |02 | | | | | | |
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employee stock option |$19.13 |5/24/|H |V|8,128 |D |(6) |7/16/|common stock|8128 | | | | |
(right to buy) | |96 | | | | | |02 | | | | | | |
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employee stock option |$17.60 |5/24/|H |V|27,094 |D |(7) |11/3/|common stock|27094 | | | | |
(right to buy) | |96 | | | | | |02 | | | | | | |
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employee stock option |$15.88 |5/24/|H |V|16,934 |D |(8) |5/24/|common stock|16934 | | | | |
(right to buy) | |96 | | | | | |04 | | | | | | |
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employee stock option |$34.45 |5/24/|H |V|30,480 |D |(9) |8/8/0|common stock|30480 | | | | |
(right to buy) | |96 | | | | | |5 | | | | | | |
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Explanation of Responses:
(1) Exempt cancellation of deferred stock
award.
(2) Exerciseable in one-third annual increments beginning
6/1/93.
(3) Exerciseable in one-third annual increments beginning
6/13/92.
(4) Exerciseable in one-third annual increments beginning
1/24/93.
(5) Exerciseable in one-third annual increments beginning
3/9/93.
(6) Exerciseable in one-third annual increments beginning
7/15/93.
(7) 13547 on 11/2/94 and 13547 on
11/2/95.
( 8) 8467 on 5/23/96 and 8467 on
5/23/94.
(9) Exerciseable in one-third annual increments beginning
8/7/96.
SIGNATURE OF REPORTING PERSON
Clifford A. Cutchins, IV
DATE
August 5, 1996
