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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
/ / Check this box if no longer subject Washington, D.C. 20549 OMB Number 3235-0287
to Section 16. Form 4 or Form 5 Expires: September 30, 1998
obligations may continue. STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden
See Instruction 1(b). hours per response......0.5
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
(Print or Type Responses)
<S> <C>
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1. Name and Address of Reporting Person*
Talcott, Joel D.
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(Last) (First) (Middle)
500 Broadway
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(Street)
Redwood City, CA 94063
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(City) (State) (Zip)
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1. Title of Security
(Instr. 3)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474 (7/96)
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<S> <C>
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2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Ampex Corporation (AXC)
Director 10% Owner
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x Officer (give title below) Other (specify below)
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3. IRS or Social Security 4.Statement for
Number of Reporting Month/Year
Person (Voluntary) 6/97 Vice President and Secretary
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5. If Amendment, 7. Individual or Joint/Group filing (Check Applicable Line)
Date of Original x Form filed by One Reporting Person
(Month/Year) ---
Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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2.Trans- 3.Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature
action Code or Disposed of (D) Securities Form: of Indirect
Date (Instr. 3, 4 and 5) Beneficially Direct (D) Beneficial
Owned at End or Indirect Onwership
(Month/ (Instr.8) of Month (I)
Day/
Year) (Instr.3 and 4) (Instr. 4) (Instr.4)
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Code V Amount (A) or (D) Price
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FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C>
1. Title of 2. Conver- 3. Trans- 4. Transac- 5. Number of
Derivative sion or action tion Code Derivative
Security Excercise Date Securities
(Instr. 3) Price of Acquired (A) or
Derivative (Month/ (Instr. 8) Disposed of (D)
Security Day/
Year) (Instr. 3, 4,
and 5)
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Code V (A) (D)
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Option to $5.875 6/30/97 A V 10,000
acquire
(Note 1)
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Explanation of Responses:
Note 1: Non-qualified stock option grant pursuant to Rule 16b-3 under the Ampex Corporation Stock Incentive Plan (the "Plan"). The
option becomes exercisable as to 34% of the underlying shares on June 30, 1998, and as to an additional 8.25% quarterly thereafter
until June 30, 2000. The option expires on the fifteen-month anniversary of the vesting date for such shares.
Note 2: The column 9 total does not include other options outstanding under the Plan, because their exercise prices and exercise
periods are different.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/Joel D. Talcott 7/9/97
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** Signature of Reporting Person Date
Joel D. Talcott
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see Instruction 6 for procedure.
Potential persons who are to responed to the collection of information contained in this form are not required Page 2
to respond unless the form displays a currently valid OMB Number SEC 1474 (7/96)
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<S> <C> <C> <C> <C> <C>
6. Date Exer- 7. Title and Amount of 8. Price of 9. Number of 10. Owner- 11. Nature of
cisable and Underlying Securities Derivative Derivative ship Form Indirect
Expiration Security Securities of Beneficial
Date (Instr. 3 and 4) Beneficially Derivative Ownership
(Month/Day/ (Instr. 5) Owned Security:
Year) at End of Direct (D) (Instr. 4)
Month or Indirect
(I)
(Instr. 4)
(Instr. 4)
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Date Expir- Title Amount or
Exer- ation Number of
cisable Date Shares
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(Note 1) (Note 1) Class A 10,000 $0 (Note 2) D
Common
Stock
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