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
KIMMEL MARTIN S.
(Last) (First) (Middle)
3333 New Hyde Park Road, Suite 100
(Street)
New Hyde Park, NY 11042
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Kimco Realty Corp. (NYSE -- "KIM")
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
September 1997
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>
KIMCO REALTY CORP.
COMMON STOCK PAR VALUE
$.01 Per Share 9/25/97 P 2,770- A $35.50 2,673,637.894 D N/A
(1)
383,545.50 I By KC Hol
9/18/97 P 731.5289 A $34.175 I By Spouse
(2)
9/25/97 P 8,829 A $35.50 1,154,950.6889 I By Spouse
Preferred Stock, Par Value
$1.00 Per Share 76,000 I By Spouse
</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>
<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>
</TABLE>
Explanation of Responses:
(1) On January 25, 1995, KC Holdings, Inc. a Delaware Corp. acquired 383,545.5
shares of common stock of Kimco Realty Corp. in exchange for all of the
outstanding shares of capital stock of KCH Properties, Inc., a Delaware Corp.,
and as a wholly-owned subsidiary of KC Holdings, Inc. Martin Kimmel, as Chairman
Emeritus and a shareholder of KC Holdings, Inc., elects to report ownership of
all of the shares acquired by KC Holdings, Inc.
(2) Represents shares owned by Helen Kimmel, wife of Martin S. Kimmel, as to
which Mr. Kimmel disclaims beneficial ownership of shares reported as owned by
Mrs. Kimmel, 417,237.55 shares are held by Mrs. Kimmel as trustee for the
benefit of her children.
By: /s/ MARTIN S. KIMMEL Date October 10, 1997
---------------------------------- -----------------------
**Signature of Reporting Person
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
