<TABLE>
<S> <C> <C>
--------------------------- ----------------------------
FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
--------------------------- Washington, D.C. 20549 ----------------------------
[_]Check this box OMB Number: 3235-0287
if no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: December 31, 2001
of Section 16. Form 4 Estimated average burden
or Form 5 obligations Filed pursuant to Section 16(a) of the Securities Exchange hours per response.......0.5
may continue. See Act of 1934, Section 17(a) of the Public Utility Holding ----------------------------
Instruction 1(b). Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
</TABLE>
(Print or Type Responses)
________________________________________________________________________________
1. Name and Address of Reporting Person*
________________________________________________________________________________
(Last) (First) (Middle)
McKibben, Craig L.
________________________________________________________________________________
(Street)
135 East 57th Street, 32nd Floor
________________________________________________________________________________
(City) (State) (Zip)
New York, New York 10022
________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Ampex Corporation (AXC)
________________________________________________________________________________
3. IRS Identification Number of Reporting Person, if an entity (voluntary)
________________________________________________________________________________
4. Statement for Month/Year
11/00
________________________________________________________________________________
5. If Amendment, Date of Original (Month/Year)
________________________________________________________________________________
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
Vice President, Treasurer
---------------------------
________________________________________________________________________________
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
________________________________________________________________________________
<TABLE>
<CAPTION>
1. 2. 3. 4. 5. 6. 7.
Title of Security Transaction Transaction Securities Acquired (A) or Amount of Owner- Nature of
(Instr. 3) Date Code Disposed of (D) Securities ship Indirect
(Month/Day) (Instr. 8) (Instr. 3, 4 and 5) Beneficially Form: Beneficial
Year) ---------------------------------------- Owned at End Direct Ownership
Code V Amount (A)or Price of Month (D) or (Instr. 4)
(D) (Instr. 3 Indirect
and 4) (I)
(Instr.4)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A Common Stock 11/22/00 S 5,000 D $0.625 214,656 D
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person,
see Instruction 4(b)(v).
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
________________________________________________________________________________
<TABLE>
<CAPTION>
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Title of Conver- Trans- Trans- Number of Date Title and Amount Price Number Owner- Nature
Derivative sion action action Derivative Exercisable and of Underlying of of ship of
Security or Date Code Securities Expiration Date Securities Deriv- Deriv- Form In-
(Instr. 3) Exer- (Month/ (Instr. Acquired (A) (Month/Day/Year) (Instr. 3 and 4) ative ative of direct
cise Day/ 8) or Disposed Secur- Secur- Deriv- Bene-
Price Year) of(D) ity ities ative ficial
of (Instr. 3, (Instr. Bene- Secur- Owner-
Deriv- 4 and 5) 5) ficially ity: ship
ative --------------------------------------------------------- Owned Direct (Instr.
Secur- Code V (A) (D) Date Expira- Title Amount at End (D) or 4)
ity Exer- tion or of In-
cisable Date Number Month direct
of (Instr. (I)
Shares 4) (Instr.
4)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
/s/ Craig L. McKibben 12/1/00
--------------------------------------------- -----------------------
**Signature of Reporting Person Date
Craig L. McKibben
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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.
