US SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 Comapny Act of 1935 or
Section 30(f) of the Investment Comapny Act of 1940
___ Check here if no longer subject to Section 16. Form 4 or Form 5 obligations
may continue. See section 1(b).
1. Name and Address of
Reporting Person: Schmidt, William M.
5275 SE Sweetbrier Terrace
Hobe Sound, FL 33455
2. Issuer name and Ticker
or Trading Symbol: SAF T LOK INCORPORATED (LOCK)
3. IRS or Social Security
number of person
reporting (voluntary):
4. Statement for Month/Year: 5/97
5. If amendment, date of
Original (Mo/Yr): N/A
6. Relationship of Reporting
Person to Issuer
(Check all that applies): _X_ Director
_X_ Officer (give Title: __ Vice President __ )
___ 10% Owner
___ Other (Specify) ____________________________
<TABLE>
<CAPTION>
Table I. Non-derivative Securities Acquired, Disposed of, or Beneficially owned
Title of Transaction Transaction Securities Acquired (A) Amount of Securites Ownership Form Nature of
Security Date Code or Disposed of (D) Beneficially owned Direct(D) or Indirect
at end of Month. Indirect (I) Beneficial Ownership
Code V Amount A or D Price
________ ___________ ____ ____ _______ ______ ______ ___________________ _____________ _____________________
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 5/2 G 1,000 D -0- D N/A
Common Stock 5/23 S 200 D 2.625 D N/A
Total 219,396
</TABLE>
Signature of Reporting Person : // William M. Schmidt Date: 6-3-97
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