OMB Number 3235-0287
Expires: September 30, 1998
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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).)
McClure Douglas T., Jr.
(Last) (First) (Middle)
135 East 57th Street
(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)
6/99
5. If Amendment, Date of Original
(Month/Year)
6. Relationship of Reporting Persons to Issuer
(Check all applicable)
X Director ______ 10% Owner
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_______ 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>
<CAPTION>
TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<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) (Instr. 4)
(Inst. 3 (Instr. 4)
and 4)
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Code V Amount (A) or (D) Price
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(Over)
SEC 1474 (7-97)
</TABLE>
<PAGE>
FORM 4 (Continued)
TABLE II - Derivative Securities Acquired, Disposed
of, or Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
<TABLE>
<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/Day/Year)
vative (Instr. 3, 4,
Security and 5)
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Code V (A) (D) Date Exer- Expiration
cisable Date
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Option to acquire $3.75 6/18/99 A V 10,000 6/18/99 9/18/00
(Note 1)
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</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C>
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)
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Title Amount or
Number of
Shares
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Option to acquire Class A 10,000 $0 (Note 1) D
(Note 1) Common
Stock
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</TABLE>
Explanation of Responses:
Note 1: This reporting person does not own any other options having the
same exercise price and exercise period.
<TABLE>
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations.
See 18 U.S.C.1001 and 15 U.S.C. 78ff(a).
<S> <C>
/s/Douglas T. McClure, Jr. 7/8/99
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** Signature of Reporting Person Date
</TABLE>
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
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