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
Krehbiel, Fred L.
c/o Molex Incorporated
2222 Wellington Court
Lisle, IL 60532
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 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 Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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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 |06/03/|J(6)|V|286,925 |A | | | | |
|97 | | | | | | | | |
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Common Stock |06/12/|M |V|99 |A |$6.912 |289,950(7) |D | |
|97 | | | | | | | | |
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Common Stock |06/03/|J(6)|V|286,925 |D | |0(7) |I |(2) |
|97 | | | | | | | | |
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Common Stock | | | | | | |208,178(7) |I |(3) |
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Class B Common Stock |06/03/|J(6)|V|851 |A | |851(7) |D | |
|97 | | | | | | | | |
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Class B Common Stock |06/03/|J(6)|V|851 |D | |0(7) |i |(2) |
|97 | | | | | | | | |
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Class B Common Stock | | | | | | |850(7) |I |(3) |
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Class A Common Stock |06/03/|J(6)|V|283,610 |A | |283,672(7) |D | |
|97 | | | | | | | | |
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Class A Common Stock |06/03/|J(6)|V|283,610 |D | |0(7) |I |(2) |
|97 | | | | | | | | |
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Class A Common Stock | | | | | | |209,032(7) |I |(3) |
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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 | | | 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 |$6.912(7|06/12|X |V|99 |D |(4) |12/07|Common Stock|99 | |.375(7) |D | |
(Right to Buy) |) |/97 | | | | | |/97 | | | | | | |
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Employee Stock Option |$8.832(7| | | | | |(4) |10/28|Common Stock| | |391.25(7) |D | |
(Right to Buy) |) | | | | | | |/98 | | | | | | |
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Incentive Stock Option|$22.272(| | | | | |(5) |10/21|Common Stock| | |3,224.375(7)|D | |
(Right to Buy) |7) | | | | | | |/99 | | | | | | |
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Incentive Stock Option|$28.00(7| | | | | |(5) |10/20|Common Stock| | |3,571.25(7) |D | |
(Right to Buy) |) | | | | | | |/00 | | | | | | |
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Incentive Stock Option|$29.60(7| | | | | |(5) |10/25|Common Stock| | |3,377.50(7) |D | |
(Right to Buy) |) | | | | | | |/01 | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
1. Twenty five percent (25%) stock dividend payable to holders of record March
31, 1997.
2. Beneficiary of a voting trust wherein John H. Krehbiel, Jr. is
Trustee.
3. Beneficial interest in an irrevocable trust wherein John H. Krehbiel, Jr.
and Frederick A. Krehbiel are
Co-Trustees.
4. Option granted under The 1990 Molex Incorporated Stock Option Plan in
reliance upon the exemption provided
by Rule 16b-3 that becomes exercisable one year after grant, expires five years
after grant and vests in 25%
annaul increments on the anniversary date of the
grant.
5. Option granted under The 1991 Molex Incorporated Incentive Stock Option
Plan in reliance upon the exemption
provided by Rule 16b-3 that becomes exercisable one year after grant, expires
five years after grant and vests
in 25% annual increments on the anniversary date of the
grant.
6. Termination of voting trust wherein reporting person received title to
shares.
7. 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 Comon 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
Fred L. Krehbiel
DATE
July 9, 1997
