<PAGE> 1
<TABLE>
<CAPTION>
<S> <C>
FORM 5 OMB Approval
UNITED STATES SECURITIES AND EXCHANGE COMMISSION --------------------------
[ ] Check box if no longer WASHINGTON, D.C. 20549 OMB Number: 3235-0362
subject to Section 16. Form Expires: September 30, 1998
4 or Form 5 obligations may ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden
continue. See Instruction 1(b). hours per response....1.0
[ ] Form 3 Holdings Reported Filed pursuant to Section 16(a) of the Securities
[ ] Form 4 Transactions Reported 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* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
Zimmerman Steven National Record Mart, Inc. NRMI _____ Director _____ 10% Owner
- ------------------------------------------------------------------------------------------ _XX__ Officer (give title below)
(Last) (First) (Middle) 3. I.R.S. Identification 4. Statement for _____ Other (specify below)
Number of Reporting Month/Year
507 Forrest Avenue Person, if an entity Year Ended March 27, 1999 Vice President of Store Operations
- ---------------------------------------- (Voluntary) ------------------------- ----------------------------------
(Street) 5. If Amendment, Date 7. Individual or Joint/Group Reporting
of Original (Month/Year) (check applicable line)
____ Form Filed by One Reporting Person
____ Form Filed by More than One
Reporting Person
Carnegie, PA 15106
- ------------------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2.Transaction 3.Transaction 4.Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) Date Code or Disposed of (D) Securities ship of
(Month/Day/ (Instr. 8) (Instr. 3, 4 and 5) Beneficially Form: Indirect
Year) Owned at end Direct Bene-
------------------------ of Issuer's (D) or ficial
Amount (A) Price Fiscal Year Indirect Owner-
or (Instr. 3 (I) ship
(D) and 4) (Instr.4) (Instr.4)
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
* If the form is filed by more than one reporting person, see instruction 4(b)(v).
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 CONTROL NUMBER.
(Over)
SEC 2270 (7-97)
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
<S> <C>
FORM 5 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------------------
1.Title of Derivative Security 2.Conversion 3.Transaction 4.Transaction 5.Number of 6.Date Exer- 7.Title and Amount
(Instr. 3) or Exercise Date Code Derivative cisable and of Underlying
Price of (Instr. 8) Securities Expiration Date Securities
Derivative (Month/Day/ Acquired (A) (Month/Day/Year) (Instr. 3 and 4)
Security Year) or Disposed
of (D) --------------------------------------
(Instr. 3, Date Expir- Amount or
4, and 5) Exer- ation Title Number of
-------------- cisable Date Shares
(A) (D)
- ------------------------------------------------------------------------------------------------------------------------------------
Employee Stock Option 5.90 11/17/98 A 2,000 (1) 11/17/08 Common 2,000
Stock
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
8.Price of 9.Number of 10.Ownership 11.Nature of
Derivative Derivative of Derivative Indirect
Security Securities Security; Beneficial
(Instr. 5) Beneficially Direct (D) or Ownership
Owned at End Indirect (I) (Instr. 4)
of Year (Instr. 4)
(Instr. 4)
- ----------------------------------------------------------------
2,000 D
- ----------------------------------------------------------------
- ----------------------------------------------------------------
- ----------------------------------------------------------------
- ----------------------------------------------------------------
- ----------------------------------------------------------------
- ----------------------------------------------------------------
- ----------------------------------------------------------------
- ----------------------------------------------------------------
- ----------------------------------------------------------------
- ----------------------------------------------------------------
Explanation of Responses:
(1) The option vests in five annual equal installments beginning
on November 17, 1999.
/s/ Steven Zimmerman May 11, 1999
------------------------------------ ----------------
** 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.
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.
Page 2
SEC 2270 (7-97)
</TABLE>