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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
1. Name and Address of Reporting Person
Clark, William H.
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(Last) (First) (Middle)
531 Flanders Filters Road
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(Street)
Washington, North Carolina 27889
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(City) (Street) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Flanders Corporation --- FLDR
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3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
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4. Statement for Month/Year
January 1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(x) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
(x) Form filed by One Reporting Person
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( ) Form filed by More than One Reporting Person
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<PAGE>
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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<S> <C> <C> <C> <C> <C> <C>
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 or| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Reminder:Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (3/91)
</TABLE>
<PAGE>
<TABLE>
<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 | | | | |Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| A | D |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Stock Option (Right to| $4.00 |1/4/ |A |V|5,000 | |7/4/ |1/4/ |Common Stock|5,000 | | 5,000 |D | |
Purchase Common Stock)| |99 | | | | |99 |09 | | | | | | |
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</TABLE>
Explanation of Responses:
1 Flanders Corporation granted to William H. Clark an option to purchase 5,000
shares of Flanders Corporation common stock for an exercise price of $4.00 per
share. The option was granted under Flanders' 1996 Director Option Plan.
/s/ William H. Clark
** Intentional misstatements or ------------------------------
omissions of facts constitute Federal Signature of Reporting Person
Criminal Violations. See 18 U.S.C. 1001
and 15 U.S.C. 78ff(a). February 10 1999
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Date
Note: File three copies of this Form,
one of which must be manually signed. If
space provided is insufficient, see Page 2
Instruction 6 for procedure.
Potential persons who are to respond to
the collection of information contained
in this form are not required to respond
unless the form displays a currently SEC 1471 (3/91)
valid OMB Number.
