U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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
/ / Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person
Ehrlich Burtt R.
(Last) (First) (Middle)
20 Brynwood Lane
(Street)
Greenwich Connecticut 06831
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Armor Holdings, Inc. (ABE)
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
November 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
/x/ Director / / 10% Owner
/ / Officer (give title below) / / Other (specify below)
<TABLE>
<CAPTION>
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
5. Amount
of Secu-
rities
Bene-
ficially
4. Securities Acquired (A) Owned at 6. Ownership
2. Trans- 3. Trans- or Disposed of (D) End of Form:
action action (Instr. 3, 4 and 5) Issuer's Direct 7. Nature of
Date Code ----------------------------- Fiscal (D) or Indirect
(Month/ (Instr. 8) (A) Year Indirect Beneficial
1. Title of Security Day/ ------------- Amount or Price (Instr. (I) Ownership
(Instr. 3) Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4)
- ----------------------------- ---------- ------ ----- ------------ --- ---------- ----------- ------------- ---------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 11/6/96 p 4,700 A $6.62911 107,000 D
Common Stock 11/6/96 p 1,000 A $6.875 107,000 D
Common Stock - - - - - 20,600 I Child Trust
Common Stock - - - - - 10,000 I By Children
Common Stock - - - - - 400 I Spouse IRA
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<TABLE>
<CAPTION>
Table II--Derivative Securities Acquired, Disposed of or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
2. Conver- 5. Number of Deriv- 6. Date Exercisable
sion or 3. Trans- ative Securities and Expiration Date
Exercise action 4. Transac- Acquired (A) or (Month/Day/Year)
Price of Date tion Code Disposed of (D) ----------------------
Deriv- (Month/ (Instr. 8) (Instr. 3, 4, and 5) Date
1. Title of Derivative Security ative Day/ ------------- -------------------------- Exercis- Expiration
(Instr. 3) Security Year) Code V (A) (D) able Date
- ---------------------------------------- ----------- ---------- ------ ----- ------------ ------------ ---------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5% Convertible Subordinated
Notes due April 30, 2001 $5/sh. 4/30/96 P $250,000 4/30/1996 4/30/2001
Non-Employee Director Stock
Options (Right to buy)* $3.75/sh. 1/18/96 A 75,000 * 1/18/2006
<CAPTION>
9. Number of 10. Ownership
Derivative Form of
Securities Derivative
7. Title and Amount of Underlying Benefi- Security:
Securities (Instr. 3 and 4) cially Direct 11. Nature of
---------------------------------------- 8. Price of Owned at (D) or Indirect
Amount or Derivative End of Indirect Beneficial
1. Title of Derivative Title Number of Security Month (I) Ownership
Security (Instr. 3) Shares (Instr. 5) (Instr. 4) (Instr. 4) (Instr. 4)
- --------------------------- --------------------------- ----------- ------------- ------------- -------------- ---------------
<S> <C> <C> <C> <C> <C> <C>
5% Convertible Subordinated
Notes due April 30, 2001 Common Stock 50,000 $250,000 $250,000 D
Non-Employee Director Stock
Options (Right to buy)* Common Stock 75,000 75,000 D
</TABLE>
Explanation of Responses:
* Granted under the Armor Holdings, Inc. 1996 Non-Employee Directors Stock
Option Plan, which is a Rule 16b-3 plan. The options, the grant of which was
inadvertently not timely reported previously, become exercisable in 1/3
increments on January 18, 1997, 1998 and 1999.
By: /s/ Burtt R. Ehrlich November 22, 1996
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
