<PAGE>
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4 OMB APPROVAL
-----------------------------
[_] Check this box if no longer OMB NUMBER: 3235-0287
subject to Section 16. Form 4 Expires: April 30, 1997
or Form 5 obligations may Estimated average burden
continue. SEE Instruction 1(b). hours per response ...... 0.5
-----------------------------
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
Ebrahimi Farhad Fred
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
8821 Experimental Farm Road
- --------------------------------------------------------------------------------
(Street)
Cheyenne Wy 82009-8814
- --------------------------------------------------------------------------------
(City) (State) (Zip)
- --------------------------------------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol
The Lamson & Sessions Co. (LMS)
- --------------------------------------------------------------------------------
3. IRS or Social Security Number of Reporting Person (Voluntary)
- --------------------------------------------------------------------------------
4. Statement for Month/Year
08/98
- --------------------------------------------------------------------------------
5. If Amendment, Date of Original (Month/Year)
- --------------------------------------------------------------------------------
6. Relationship of Reporting Person to Issuer
(Check all applicable)
Director X 10% Owner
----- ------
Officer (give Other (Specify
----- title below) ------ below)
----------------------------------
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>
<CAPTION>
Table 1 -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature
(Instr. 3) action action or Disposed of (D) Securities Form: of Indirect
Date Code Beneficially Direct Beneficial
(Instr. 8) (Instr. 3,4 and 5) Owned at (D) or Ownership
(Month/ ------------ -------------------------- End of Month Indirect (Instr. 4)
Day/ Code V Amount (A) or Price (Instr. 3 (I)
Year) (D) and 4) (Instr. 4)
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 8/26/98 P 5,100 A $ 5.50
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
Common Stock 8/28/98 P 30,000 A $ 5.25 1,381,400 shares D
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
SEC 1473 (8-92)
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
FORM 4 (continued)
<TABLE>
<CAPTION>
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security 2. Conversion 3. Transaction 4. Transacation 5. Number of Derivative 6. Date Exercisable
(Instr. 3) or Exercise Date Code Securities Acquired (A) and Expiration
Price of (Month/Day/ (Instr. 8) or Disposed of (D) Date
Derivative Year) (Instr. 3, 4, and 5) (Month/Day/
Security Year)
--------------- -------------------------- -------------------
Code V (A) (D) Date Expiration
Exer- Date
cisable
- ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------
- ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------
- ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------
- ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------
- ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------
- ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------
- ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------
- ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------
</TABLE>
<TABLE>
<CAPTION>
7. Title and Amount of 8. Price of Derivative 9. Number of Derivative 10. Ownership Form 11. Nature of Indirect
Underlying Securities Security (Instr. 5) Securities Beneficially of Derivative Security: Beneficial Ownership
(Instr. 3 and 4) Owned at End of Month Direct (D) or (Instr. 4)
Instr. 4) Indirect (I) (Instr. 4)
- ------------------------
Title Amount or
Number of
Shares
- ------------------------ ---------------------- -------------------------- --------------------------- ------------------------
<S> <C> <C> <C> <C>
- ------------------------ ---------------------- -------------------------- --------------------------- ------------------------
- ------------------------ ---------------------- -------------------------- --------------------------- ------------------------
- ------------------------ ---------------------- -------------------------- --------------------------- ------------------------
- ------------------------ ---------------------- -------------------------- --------------------------- ------------------------
- ------------------------ ---------------------- -------------------------- --------------------------- ------------------------
- ------------------------ ---------------------- -------------------------- --------------------------- ------------------------
- ------------------------ ---------------------- -------------------------- --------------------------- ------------------------
- ------------------------ ---------------------- -------------------------- --------------------------- ------------------------
</TABLE>
Explanation of Responses:
This Statement is occasioned by the purchase during August 1998 of an aggregate
of 35,100 shares of the Issuer's common stock by Farhad Fred Ebrahimi. Farhad
Fred Ebrahimi is the reporting person for the Ebrahimi Family, which consists of
Farhad Fred Ebrahimi, Mary Wilkie Ebrahimi, Farhad Alexander Ebrahimi, and Farah
Alexandra Ebrahimi. As of August 31, 1998, 1,347,400 shares of the Issuer's
Common Stock were held jointly by Farhad Fred Ebrahimi and Mary Wilkie Ebrahimi,
husband and wife; 24,000 shares of the Issuer's stock were held jointly by
Farhad Fred Ebrahimi and Farhad Alexander Ebrahimi; and 10,000 shares of the
Issuer's common stock were held jointly by Farhad Fred Ebrahimi and Farah
Alexandra Ebrahimi. Accordingly, Farhad Fred Ebrahimi and Mary Wilkie Ebrahimi
have a pecuniary interest in 1,381,400 shares of the Issuer's common stock,
Farhad Alexander Ebrahimi has a pecuniary interest in 24,000 shares, and Farah
Alexandra Ebrahimi has a pecuniary interest in 10,000 shares.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Farhad Fred Ebrahimi 12/15/98
----------------------------- ----------------
Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, See Instruction 6 for procedure.
Page 2
SEC 1474 (8-92)
<PAGE>
POWER OF ATTORNEY
I, M.P. Wilkie Ebrahimi, private person, residing at 8821 Experimental Farm
Road, Cheyenne, WY 82009-8814, hereby delegate to F. Fred Ebrahimi, private
person, residing at 8821 Experimental Farm Road, Cheyenne, WY 82009-8814, the
authority to act in my place and stead with respect to the following powers:
To act as the reporting person on my behalf in connection with filings
to be made with the Securities and Exchange Commission; and
To execute such documents and to perform all other acts necessary, or
incidental to the execution of the powers enumerated herein.
This Power of Attorney is effective until revoked.
Executed this 16th day of November, 1998.
/s/ M.P. Wilkie Ebrahimi
------------------------
M.P. Wilkie Ebrahimi
<PAGE>
POWER OF ATTORNEY
I, Farah A. Ebrahimi, private person, residing at 8821 Experimental Farm
Road, Cheyenne, WY 82009-8814, hereby delegate to F. Fred Ebrahimi, private
person, residing at 8821 Experimental Farm Road, Cheyenne, WY 82009-8814, the
authority to act in my place and stead with respect to the following powers:
To act as the reporting person on my behalf in connection with filings
to be made with the Securities and Exchange Commission; and
To execute such documents and to perform all other acts necessary, or
incidental to the execution of the powers enumerated herein.
This Power of Attorney is effective until revoked.
Executed this 16th day of November, 1998.
/s/ Farah A. Ebrahimi
------------------------
Farah A. Ebrahimi
<PAGE>
POWER OF ATTORNEY
I, Farah A. Ebrahimi, private person, residing at 8821 Experimental Farm
Road, Cheyenne, WY 82009-8814, acting as a custodian for Farhad A. Ebrahimi,
minor person, residing at 8821 Experimental Farm Road, Cheyenne, WY 82009-8814,
hereby delegate to F. Fred Ebrahimi, private person, residing at 8821
Experimental Farm Road, Cheyenne, WY 82009-8814, the authority to act in my
place and stead with respect to the following powers:
To act as the reporting person on my behalf in connection with filings
to be made with the Securities and Exchange Commission; and
To execute such documents and to perform all other acts necessary, or
incidental to the execution of the powers enumerated herein.
This Power of Attorney is effective until revoked.
Executed this 16th day of November, 1998.
/s/ Farah A. Ebrahimi
-----------------------------------
Farah A. Ebrahimi, as Custodian for
Farhad A. Ebrahimi