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
Nelson, Charles E.
P.O. Box 25848
Oklahoma City, Oklahoma 73125
USA
2. Issuer Name and Ticker or Trading Symbol
Liberty Bancorp, Inc.
LBNA
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
December, 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chairman and CEO
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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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 |12-30-|M | |15,040 |A |12.40 | | | |
|96 | | | | | | | | |
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Common Stock |12-30-|F | |3,711 |D |50.25 |18,876 |D | |
|96 | | | | | | | | |
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Common Stock |[1] |T |V|264 |A |[1] |3,560 |I |By ESOP Trust |
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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 |12.40 |12-30|M | |15,040 |D |5-22-|5-22-|Common Stock|15,040 | |53,179 |D | |
(Right to Buy) | |-96 | | | | |91 |00 | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
[1] These shares were acquired from 1-1-96 through 9-30-96 under the Liberty
Bancorp, Inc. Salary Deferral, Profit Sharing and Employee Stock
Ownership Plan and Trust at prices ranging from $35.175 to $38.213 per share in
transactions that were exempt from Section 16(b) by virtue of old
Rule 16a-8(b).
SIGNATURE OF REPORTING PERSON
/s/ Charles E. Nelson
DATE
01/02/97
