OMB Number 3235-0287
Expires: September 30, 1998
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).)
Atchinson, Robert L.
(Last) (First) (Middle)
500 Broadway, M/S 1202
(Street)
Redwood City, CA 94063-3199
(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)
8/99
5. If Amendment, Date of Original
(Month/Year)
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6. Relationship of Reporting Persons to Issuer
(Check all applicable)
_____ Director ______ 10% Owner
X Officer (give title below) ______ Other (specify
below)
Vice President
7. Individual or Joint/Group filing (Check Applicable Line)
X Form filed by One Reporting Person
_______ Form filed by More than One Reporting Person
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<PAGE>
<TABLE>
<CAPTION>
TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<S> <C> <C> <C>
1. Title of 2. Trans 3. Trans 4. Securities Acquired (A)
Security action action or Disposed of (D)
(Instr.3) Date Code (Instr.3, 4 and 5)
(Month (Instr.8)
/Date/
Year)
----------------------------------------------
Code V Amount (A) or Price
(D)
Class A Common Stock 8/20/99 G 1,000 D
Class A Common Stock 8/20/99 G 1,000 D
Class A Common Stock 8/20/99 G 1,000 D
1. Title of 5. Amount of 6. Ownership 7. Nature of
Security Securities Form: Indirect
(Instr.3) Benefici- Direct (D) Beneficial
ally Owned or Ownership
at End of Indirect
Month (I) (Instr. 4)
(Inst. 3 (Instr. 4)
and 4)
Class A Common Stock 15,000 D
Class A Common Stock 15,000 D
Class A Common Stock 15,000 D
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</TABLE>
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<TABLE>
<CAPTION>
TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C>
1. Title of 2 Conver 3. Trans 4. Transaction
Derivative sion or action Code
Security Exercise Date
(Instr.3) Price of (Instr. 8)
Deri (Month/
vative Day/
Security Year)
Code V
Option to $1.50 8/20/99 M V
acquire (Note
1)
- ------------------------- -------------------- ------------------- -------------- --------------
</TABLE>
1. Title of 5. Number of Deriv- 6. Date Exercisable and
Derivative ative Securities Expiration Date
Security Acquired (A) or (Month/Day/Year)
(Instr.3) Disposed of (D)
(Instr. 3, 4,
and 5)
(A) (D) Date Exer- Expiration
cisable Date
Option to
acquire (Note
1) 18,000 12/28/95- 12/28/04
12/28/97
- --------------------- ------------------------ ------------------------------
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<TABLE>
<CAPTION>
1. Title of 7. Title and Amount of 8. Price of 9. Number of 10.Ownership 11. Nature of
Derivative Underlying Security Derivative Derivative Form of Deri- Indirect Bene-
Security Security Securities vative Sec- ficial Owner-
(Instr.3) (Instr.3 and 4) Beneficially urity: Direct ship (Instr.
(Instr. 5) Owned at End (D) or 4)
of Month Indirect (I)
(Instr. 4)
Instr. 4)
Title Amount or
Number of
Shares
<S> <C> <C> <C> <C> <C> <C>
Option to Class A 18,000 $0 132,000 D
acquire (Note Common
1) Stock
- --------------------- ----------------------- --------------------------------------------- ---------------- ----------------
</TABLE>
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Explanation of Responses:
Table I, Note 1: Securities reported were disposed of by gifts under the Uniform
Transfers to Minors Act to grandchildren of the reporting person with no
proceeds being received. The reporting person is custodian of the shares but
disclaims beneficial ownership in the shares disposed of, and this report shall
not be deemed an admission that the reporting person is the beneficial owner of
these shares for purposes of Section 16 or for any other purpose.
Table II, Note 1: Exercise of non-qualified stock option granted pursuant to
Rule 16(b) under the Ampex Corporation Stock Incentive Plan (the "Plan"). The
Column 9 total includes other options outstanding under the Plan that have
identical exercise prices and exercisability dates.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/Robert L. Atchison 9/9/99
- ----------------------------------------- --------------------
**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space provided 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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786048.1
