<PAGE>
FORM 4
[ ] Check this box if no longer subject
to Section 16. Form 4 or Form 5
obligations may continue. See
Instructions 1(b).
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
Herpich Mark A
- -----------------------------------------------------
(Last) (First) (Middle)
3224 Willowood Circle
- -----------------------------------------------------
(Street)
Manhattan KS 66502
- -----------------------------------------------------
(City) (State) (Zip)
_______________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
MNB Bancshares, Inc. MNBB
_______________________________________________________________________________
3. IRS or Social Security Number of Reporting Person (Voluntary)
_______________________________________________________________________________
4. Statement for Month/Year
May, 1999
_______________________________________________________________________________
5. If Amendment, Date of Original (Month/Year)
_______________________________________________________________________________
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] 10% Owner
[ ] Director
[x] Officer (give title below)(1)
[ ] Other (specify below)
Chief Financial Officer
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_______________________________________________________________________________
Page 1
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
TABLE I--Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
- ----------------------------------------------------------------------------
- --------------------------------------------
1. 2. 3. 4.
- --------------------- -------- ---------- ------------------------------
Trans- Trans- Securities Acquired (A)
action action or Disposed of (D)
Date Code (Instr. 3, 4 and 5)
Title of (Month/ (Instr. 8) ----------------------------
Security Day/ ---------- Amount (A) or Price
(Instr. 3) Year) Code V (D)
- --------------------- -------- ---- ---- ----------- ------ ---------
<S> <C> <C> <C> <C> <C> <C>
Common Stock 5/7/99 P V 500 A 12.375
Common Stock 5/7/99 P V 1,000 A 12.6875
Common Stock 5/7/99 P V 2,000 A 12.9375
Common Stock 5/7/99 P V 500 A 12.50
Common Stock 5/31/99 P V 100 A 12.375
Common Stock 5/28/99 P V 1,000 A 11.00
5.(2) 6. 7.
- ----------- ---------- ----------
Amount of Owner-
Securities ship
Beneficially Form:
Owned at Direct Nature of
End of (D) or Indirect
Month Indirect Beneficial
(Instr. (I) Ownership
3 and 4) (Instr. 4) (Instr. 4)
(6)
- ----------- ---------- ----------
<C> <C> <C>
6,127 D
6,127 D
6,127 D
6,127 D
6,127 D
6,127 D
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Print or Type Responses)
Page 2
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
TABLE II--Derivative Securities Acquired, Disposed
of, or Beneficially Owned (e.g. puts, calls,
warrants, options, convertible securities)
- ---------------------------------------------------------------------
- ---------------------------------------------------------
1. 2. 3. 4. 5. 6.
- -------- -------- -------- -------- ---------- ------------
Title of Conver- Trans- Trans- Number of Date Exer-
Deriva- sion or action action Derivative cisable and
tive Exercise Date Code Securities Expiration
Security (Month/ (Instr.8) Acquired (A) Date (Month/
(Instr.3) Day/Year) or Disposed Day/Year)
of (D)
(Instr. 3,4 --------------
-------- ---------- Date Date
Exercis- Expir-
able ation
Code V (A) (D)
- --------- -------- -------- ---- --- ---- ---- ------- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
7. 8. 9. 10. 11.
- ------------- ------ ---------- --------- ----------
Title and Price Number of Ownership Nature of
Amount of of Derivative Form of Indirect
Underlying Deriv- Securities Deriv- Benefi-
Securities ative Benefi- ative cial
Instr. 3 Secur- cially Security: Owner-
and 4) ity Owned at Direct(D) ship
- -------------- (Instr.5)End of or Indir- (Instr.4)
Amount Month ect (I)
or (Instr.4) (Instr.4)
number (6)
Title of Shares
- ----- ------ ------ ---------- -------- ----------
<C> <C> <C> <C> <C> <C>
</TABLE>
Explanation of Responses:
[FN]
1. Grant of stock options under MNB Bancshares, Inc. 1992 Stock Option Plan,
exercisable in annual 20% increments beginning November 4, 1999.
</FN>
/s/ Mark Herpich
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** Signature of Reporting Person Date
** 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 provided is insufficient, see Instruction 6 for procedure.
