INVACARE CORP
3, 1996-06-03
ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES
Previous: BAIRD CAPITAL DEVELOPMENT FUND INC, N-30D, 1996-06-03
Next: FREEDOM INVESTMENT TRUST, 497, 1996-06-03





     <PAGE>
FORM 3


                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

            INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

     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
<TABLE>
<CAPTION>

<S>                                <C>                      <C>                                                  
- ---------------------------------- ------------------------  ----------------------------------------------------------------------
1. Name and Address of Reporting    2. Date of Event Re-      4. Issuer Name and Ticker or Trading Symbol
   Person                              quiring Statement       
Healy     Bernadine    P                (Month/Day/Year)         Invacare Corporation       IVCR
- -------------------------
      
(Last)   (First)      (Middle)          05/22/96
                                    -----------------------  ----------------------------------------------------------------------
899 Cleveland Street                                                                                           
- --------------------                                                                                           
     (Street)                       3. IRS or Social Se-      5. Relationship of Reporting Person to      6. If Amendment, Date of
                                       curity Number of          Issuer    (Check all applicable)               Original
Elyria      OH        44035            Reporting Person         X   Director         ____ 10%Owner             (Month/Day/Year)
- ---------------------------            (Voluntary)             ____ Officer (give    ____ Other(specify
(City)   (State)     (Zip)                                          title below)               below)
                                                                                              
                                                                                                              
                                                                                                              
                                                                ___________________________________

- -------------------------------- ------------------------  ------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>

             Table I - Non-Derivative Securities Beneficially Owned

- ---------------------- ------------------------------ ------------------------------- ---------------------------------------------
1. Title of Security   2. Amount of Securities         3. Ownership Form                4. Nature of Indirect Beneficial
    (Instr. 4)            Owned                           Direct (D) or Indirect (I)      Ownership    (Instr. 5)
                          (Instr. 4)                      (Instr. 5)
- ---------------------- ------------------------------ ------------------------------- ---------------------------------------------
<S>                       <C>                             <C>                          <C>                                  
Common Shares             4,000                           D
- ---------------------- ------------------------------ ------------------------------- ---------------------------------------------
</TABLE>
Reminder:   Report  on  a  seperate  line  for  each  class  of  securities
            beneficially owned directly or indirectly

<PAGE>

<TABLE>
<CAPTION>

     FORM 3 (continued) Table II - Derivative Securities Beneficially Owned
            (e.g. calls, warrants, options, convertible securities)
                                        
- ----------------------- --------------------- ---------------------------------  ----------------  ---------------- ----------------
1. Title of Derivative  2. Date Exercisable   3. Title and Amount of Securities  4. Conversion or  5. Ownership     6.  Nature of
   Security                and Expiration        Underlying Derivative Security    Exercise Price    Form of           Indirect
  (Instr. 4)               Date                  (Instr. 4)                        of Derivative     Derivative        Beneficial   
                           Month/Day/Year)                                         Security          Security          Ownership 
                        ---------------------  --------------------------------                      Direct (D)         (Instr. 5)  
                        Exer-          tion      Title               Number                          (Instr. 5)
                        cisable        Date                          of Shares

- ---------------------- ---------------------- ---------------------------------  ----------------- ---------------- ---------------
<S>                      <C>         <C>       <C>                       <C>           <C>          <C>             <C>
Non-Employee Director
 Stock Option            5/22/97     5/22/06   Common Shares             1,961         $25.50
(right to buy)*
- ---------------------- ---------------------- ---------------------------------  ----------------- ---------------- ---------------

Non-Employee Director 
Stock Option             5/22/98     5/22/06   Common Shares             1,961         $25.50
(right to buy)*

- ---------------------- ---------------------- ---------------------------------  ----------------- ---------------- ---------------
Non-Employee Director 
Stock Option             5/22/99     5/22/06   Common Shares             1,961         $25.50       D
(right to buy)*
- ---------------------- ---------------------- ---------------------------------  ----------------- ---------------- ---------------
</TABLE>


Explanation of Repsonses:

     *Grant to Reporting  Person of option under the Invacare  Corporation  1992
Non-Employee  Director  Stock Option Plan in a  transaction  exempt under Rule :
16b-3.

     **Intentional   misstatements  or  omissions  of  fact  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.

                                             /S/ Bernadine P. Healy May 22, 1996
                                             -----------------------------------
                                                   Signature of Reporting Person


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission