<PAGE>
FORM 4
[ ] Check this box if no longer subject
to Section 16. Form 4 or Form 5
obligations may continue. See
Instructions 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
DeLang, Joseph R.
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(Last) (First) (Middle)
900 N. Seward Street
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(Street)
Los Angeles, CA 90038
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
The Todd-AO Corporation (NASDAQ: TODDA)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
July 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] 10% Owner
[x] Director
[x] Officer (give title below)
[ ] Other (specify below)
Senior Vice President
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
TABLE I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. 2. 3. 4. 5. 6. 7.
Amount of Owner-
Securities ship
Trans- Trans- Securities Acquired (A) Beneficially Form:
action action or Disposed of (D) Owned at Direct Nature of
Date Code (Instr. 3, 4 and 5) End of (D) or Indirect
Title of (Month/ (Instr. 8) ---------------------------- Month Indirect Beneficial
Security Day/ ---------- (A) or (Instr. (I) Ownership
(Instr. 3) Year) Code V Amount (D) Price 3 and 4) (Instr. 4) (Instr. 4)
- --------------------- -------- ---- ---- ----------- ------ --------- ----------- ---------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Class A
Common Stock 07/01/97 M 5,500 A $2.25
Class A
Common Stock 07/01/97 M 5,500 A $2.93
Class A
Common Stock 59,200 D
</TABLE>
Note
(1) Includes employee stock options for 48,200 Class A Shares exercisable
within 60 days.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Print or Type Responses)
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
TABLE II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g. puts, calls, warrants, options, convertible securities)
1. 2. 3. 4. 5. 6. 7. 8. 9.
Title and
Number of Date Exer- Amount of
Derivative cisable and Underlying Number of
Securities Expiration Securities Price Derivative
Conver- Trans- Acquired (A) Date (Month/ (Instr. 3 of Securities
sion or Trans- action or Disposed Day/Year) and 4) Deriv- Benefi-
Exercise action Code of (D) -------------- -------------- ative cially
Title of Price of Date (Instr. (Instr. 3, Date Amount Secur- Owned at
Derivative Deriv- (Month/ 8) 4 and 5) Exer- Expir- or Num- ity End of
Security ative Day/ -------- ---------- cis- ation ber of (Instr. Month
(Instr. 3) Security Year) Code V (A) (D) able Date Title Shares 5) (Instr. 4)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Class A
Stock 07/01 09/01 08/31 Common
Option $2.25 1997 M 5,500 1987 1998 Stock 5,500 5,500
Employee Class A
Stock 07/01 09/01 08/31 Common
Option $2.93 1997 M 5,500 1988 1998 Stock 5,500 5,500
Employee Class A
Stock 09/26 08/31 Common
Option $4.73 1994 2004 Stock 22,000 22,000
Employee Class A
Stock 10/21 08/31 Common
Option $5.06 1995 2004 Stock 22,000* 22,000*
Employee Class A
Stock 06/18 08/31 Common
Option $10.50 1997 2004 Stock 10,000* 10,000*
</TABLE>
<TABLE>
<CAPTION>
TABLE II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g. puts, calls, warrants, options, convertible securities)
CONTINUED
10. 11.
Ownership
Form of
Deriv-
ative
Security:
Direct
(D) or Nature of
Indirect Indirect
(I) Beneficial
(Instr. Ownership
4) (Instr. 4)
<S> <C>
D
D
D
D
D
</TABLE>
Explanation of Responses:
* subject to vesting restrictions
/s/ Joseph R. DeLang August 6, 1997
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** Signature of Reporting Person Date
** 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.