U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
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).
1. Name and Address of Reporting Person
The Harold S. Schwenk, Jr., Qualified Annuity Trust - 1995
80 ORCHARD AVE.
WESTON, MA 02193
U.S.A.
2. Issuer Name and Ticker or Trading Symbol
BGS SYSTEMS, INC.
BGSS
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
11/96
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
( ) Director ( ) 10% Owner ( ) Officer (give title below) (X) Other
(specify below)
TRUST WITH INSIDER TRUSTEE
<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 |
| | | | 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 |11/11/| J (|V|5,610 |D | |199,000 (2) |D | |
|96 |1) | | | | | | | |
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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>
| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) CHANGE IN FORM OF OWNERSHIP OF SECURITIES FROM GRAT TO
INSIDER-GRANTOR-TRUSTEE. THIS IS A
PRECAUTIONARY TRUST FILING. THE INSIDER-GRANTOR-TRUSTEE HAS REPORTED ALL GRAT
TRANSACTIONS
ON HIS OWN FORM
4.
(2) REFLECTS A TWO FOR ONE STOCK SPLIT EFFECTIVE NOVEMBER 1,
1996.
SIGNATURE OF REPORTING PERSON
/s/ Harold S. Schwenk, Jr., Grantor-Trustee
DATE
11/13/96