OMB Number 3235-0287
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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 (If the form is filed
by more than one reporting person, see Instruction 4(b)(v).)
Slusser, Peter
(Last) (First) (Middle)
153 East 53rd Street, Suite 5100
(Street)
New York, NY 10022
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Ampex Corporation (AXC)
3. IRS or Social Security Number of Reporting Person
(Voluntary)
4. Statement for
(Month/Year)
5/97
5. If Amendment, Date of Original
(Month/Year)
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
/x/ Director / / 10% Owner
/ / Officer (give title below) / / Other (specify
below)
7. Individual or Joint/Group filing (Check Applicable Line)
/x/ Form filed by One Reporting Person
/ / Form filed by More than One Reporting Person
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 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
Security action action or Disposed of (D) Securities Form: Indirect
(Instr.3) Date Code (Instr.3, 4 and 5) Beneficial Direct (D) Beneficial
(Month (Instr.8) ly Owned or Ownership
/Date/Year) at End of Indirect
Month (I)
(Inst. 3 and 4) (Instr. 4) (Instr. 4)
Code V Amount (A) or (D) Price
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(over)
SEC 1474 (7-96)
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<TABLE>
<CAPTION>
FORM 4 (continued)
TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C>
1. Title of 2. Conver- 3. Trans- 4. Transaction 5. Number of Deriv- 6. Date Exercisable and
Derivative sion or action Code ative Securities Expiration Date
Security Exercise Date Acquired (A) or (Month/Day/Year)
(Instr.3) Price of (Instr. 8) Disposed of (D)
Deri- (Month
vative /Day (Instr. 3, 4,
Security Year) and 5)
Code V (A) (D) Date Exer- Expiration
cisable Date
Option to acquire $5.75 5/16/97 A V 5,000 (Note 1) (Note 1)
(Note 1)
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1. Title of 7. Title and Amount of 8. Price of 9. Number of 10. Ownership 11. Nature of
Derivative Underlying Securities Derivative Derivative Form of Deriva- Indirect Bene-
Security Security Securities tive Security: ficial Owner-
(Instr.3) (Instr.3 and 4) Beneficially Direct (D) or ship (Instr.
(Instr. 5) Owned at End Indirect (I) 4)
of Month (Instr. 4)
(Instr. 4)
Title Amount or
Number of
Shares
Option to acquire Class A 5,000 $0 (Note 2) D
(Note 1) Common Stock
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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 option
becomes exercisable on the date of the issuer's 1998 Annual Meeting of Stockholders, and expires fifteen months thereafter.
Note 2: This reporting person does not own any other options having the same exercise price and exercise period.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15
U.S.C. 78ff(a).
/s/ Peter Slusser 6/5/97
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**Signature of Reporting Person Date
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 respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB Number.
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