OMB Number 3235-0287
U.S. SECURITIES U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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___ Check this box if no longer subject to Section 16. Form 4 for Form 5
obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person
KUTTNER LUDWIG
ESTOUTEVILLE FARM
KEENE VA 22946
2. Issuer Name and Ticker or Trading Symbol
HAMPSHIRE GROUP, LIMITED (HAMP)
3. IRS or Social Security number of Reporting Person (Voluntary)
###-##-####
4. Statement for Mo./Yr.
June 1999
5. If Amendment, Date of original (Mo./Yr.)
-
6. Relationship of Reporting Person to Issuer
Director / Officer / 10% OWNER
CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Table 1-Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- -------------------------------------------------------------------------------
1. Title of Security
a. Common Stock, par value $0.10 per share
b. Common Stock, par value $0.10 per share
2. Transaction Date (Mo./Day/Yr.)
a. 06/10/99
06/15/99
06/21/99
06/21/99
b. -
3. Transaction Code Code V
---- ---
a. P
P
M
F
b. -
4. Securities Acquired (A) or Disposed of (D)
Amount (A) or (D) Price
------ -------- -----
a. 10,000 A $10.000
3,591 A $11.000
63,530 A $ 7.870
(43,712) D $11.438
b. - - -
5. Amount of Securities Beneficially Owned at End of Month
a. 618,346
b. 18,182
6. Ownership Form: Direct (D) or Indirect (I)
a. D
b. I
7. Nature of Indirect Beneficial Ownership
a. -
b. Shares owned by controlled corporation
<PAGE>
Table II Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security
a. Common Stock Purchase Plan for Directors and Executives
b. Company Sponsored 401(k) Plan
c. Incentive Stock Options (Right to Purchase)
2. Conversion or Exercise Price of Derivative Security
a. -
b. -
c. $7.87
3. Transaction Date (Mo./Day/Yr.)
a. -
b. 06/02/99
4. Transaction Code
Code V
---- ---
a. - -
b. - -
c. M -
5. Number of Derivative Securities Acquired (A) or disposed of (D)
(A) (D)
a. - -
b. - -
c. - (63,530)
6. Date Exercisable and Expiration Date (Mo./Day/Yr.)
Date Exercisable Expiration Date
---------------- ---------------
a. - -
b. - -
c. - 06/08/99
7. Title and Amount of Underlying Securities
Title Amount or Number of Shares
----- --------------------------
a. Common Stock -
b. Common Stock -
c. Common Stock (63,530)
8. Price of Derivative Security
a. -
b. -
c. $7.87
9. Number of Derivative Securities Beneficially Owned at End of Month
a. 117,379
b. 15,326
c. 66,242
10.Ownership Form of Derivative Security: Direct (D) or Indirect (I)
a. D (1)
b. D (2)
c. D (3)
11.Nature of Indirect Beneficial Ownership
a.
b.
c.
- -------------------------------------------------------------------------------
Explanation of Responses:
(1) Right to receive common stock in lieu of executive salary and/or bonus;
shares held in trust.
(2) Shares held by Trustee of Hampshire Group, Limited 401(k)Plan.
(3) Stock options granted under the Hampshire Group, Limited 1992 Stock
Option Plan at an exercise price of $5.8125-$14.5000, exercisable
for five years from date of vesting.
/s/ Ludwig Kuttner July 9, 1999
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Signature of Reporting Person Date
