UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
(X) Form 3 Holdings Reported
(X) Form 4 Transactions Reported
1. Name and Address of Reporting Person
Lubin, Donald G.
c/o Sonnenschein, Nath & Rosenthal
8000 Sears Tower
Chicago, IL 60606
U.S.A.
2. Issuer Name and Ticker or Trading Symbol
MOLEX INCORPORATED
MOLX, MOLXA
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
June 30, 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
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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 |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
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<CAPTION>
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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 |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice 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 | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Phantom Stock Unit |1-1 |09/01|A |72.149 |A |(1) |(1) |Common Stock|72.149 |$33.50 |1,322.656 |D | |
| |/96 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |10/01|A |65.769 |A |(1) |(1) |Common Stock|65.769 |$36.75 | | | |
| |/96 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |10/25|A |41.077 |A |(1) |(1) |Common Stock|41.077 |$37.00 |1,429.502 |D | |
| |/96 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |11/01|A |65.769 |A |(1) |(1) |Common Stock|65.769 |$36.75 |1,495.271 |D | |
| |/96 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |12/01|A |61.974 |A |(1) |(1) |Common Stock|61.974 |$39.00 |1,557.245 |D | |
| |/96 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |01/01|A |61.768 |A |(1) |(1) |Common Stock|61.768 |$39.13 | | | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |01/22|A |39.216 |A |(1) |(1) |Common Stock|39.216 |$38.25 | | | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |01/27|A |.611 |A |(1) |(1) |Common Stock|.611 |$38.25 |1,658.84 |D | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |02/01|A |63.190 |A |(1) |(1) |Common Stock|63.190 |$38.25 | | | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |02/10|A |39.599 |A |(1) |(1) |Common Stock|39.599 |$37.88 |1,761.629 |D | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |03/01|A |67.363 |A |(1) |(1) |Common Stock|67.363 |$35.88 |1,828.992 |D | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |04/01|A |69.554 |A |(1) |(1) |Common Stock|69.554 |$34.75 | | | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |04/25|A |.741 |A |(1) |(1) |Common Stock|.741 |$37.00 |2,018.867(2)|D | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |05/01|A |76.415 |A |(1) |(1) |Common Stock|76.415 |$31.63 | | | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |05/16|A |43.165 |A |(1) |(1) |Common Stock|43.165 |$34.75 | | | |
| |/97 | | | | | | | | | | | |
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Phantom Stock Unit |1-1 |05/30|A |38.462 |A |(1) |(1) |Common Stock|38.462 |$39.00 |2,176.909 |D | |
| |/97 | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
1. The phantom stock units were accrued under the Molex Incorporated Deferred
Compensation Plan and are to
be settled 100% in cash upon the reporting person's termination from service on
the issuer's board of directors.
2. On February 10, 1997, Issuer declared a 25% stock dividend payable April
25, 1997 to holders of record on
March 31, 1997. As a result, the reporting person received the following: 1/4
share of Common Stock for each
share of Common Stock outstanding; 1/4 share of Class A Common Stock for each
share of Class A Common
Stock outstanding; and 1/4 share of Common Stock for each share of Class B
Common Stock outstanding. Cash
was paid in lieu of any fractional shares. All of the numerical data on Table
I has been adjusted to reflect this
stock dividend. In addition, pursuant to anti-dilution provisions contained in
all of Issuer's stock plans, all
numerical data regarding outstanding stock options, stock bonuses, or any other
equity plans reported on Table II
have been adjusted to reflect the stock dividend in the following manner: the
number of shares have been
multiplied by 1.25 and the price (if any) has been divided by
1.25.
SIGNATURE OF REPORTING PERSON
Donald G. Lubin
DATE
August 4, 1997
