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U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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:
Hunter Buddy D.
(Last) (First) (Middle)
1929 Allen Parkway
(Street)
Houston TX 77019
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol: Huntco Inc. - HCO
3. IRS or Social Security Number of Reporting Person (voluntary):
###-##-####
4. Statement for Month/Year: September 1998
5. If Amendment, Date of Original (Month/Day/Year): Not applicable
6. Relationship of Reporting Person to Issuer (Check all applicable)
/xx/ Director /xx/ 10% owner
/xx/ Officer (give title below) / / Other (specify below)
Chairman & CEO
7. Individual or Joint/Group Filing (Check Applicable Line)
/xx/ Form filed by One Reporting Person
/ / Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially
Owned
2. Trans- 3. Trans- 4. Securities Acquired
action action (A) or Disposed (D)
1. Title Date Code (Instr. 3, 4, and 5)
of security (Month/ (Instr. 8) (A) or
(Instr. 3) Day/Year) Code V Amount (D) Price
- ----------- -------- ---- -- ------ ----- -----
Class A Common Stock 9/1/98 P 5,000 A $7.00
Class A Common Stock -- -- -- -- --
5. Amount of 6. Owner- 7.
Securities ship Form: Nature
Beneficially Direct (D) of Indirect
Owned at End or In- Beneficial
of Month direct (I) Ownership
(Instr. 3 & 4) (Instr. 4) (Instr. 4)
------------ ------- ----------
10,000 D(1) ---
37,000 I (2)
(1)(2) See "Explanation of Responses"
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).
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
1. 2. 3.Trans- 4. 5.Number of 6.Date Exercisable
Conversion action Trans- Derivative and Expiration Date
Title of or Exercise Date action Securities (Month/Day/Year)
derivative Price of (Month/ Code Acquired (A) Date Expir-
security Derivative Day/ (Instr. or Disposed (D) Exer- ation
(Instr. 3) Security Year) 4) (Instr.3,4 & 5) cisable Date
- ---------- ---------- ------ ---- ------------- ------- -------
Option (3) $12.50 -- -- -- (4) 4/3/2002
Option (3) $13.50 -- -- -- 6/4/99 4/3/2002
7. Title and 8. 9.Number of 10.Owner- 11.
Amount of Under- Price Derivative ship Form Nature of
lying Securities of Securities of Deriv- Indirect
(Instr. 3 and 4) Deriv- Beneficial- ative Benefi-
Amount ative ly Owned at Security cial
or Num- Security End of Direct (D) Owner-
ber of (Instr. Month or Indirect ship
Title Shares 5) (Instr. 4) (I)(Instr.4) (Instr.4)
------- ------ ------- ---------- ----------- ---------
Class A c/s(5) 10,000 -- 10,000 D N/A
Class A c/s(5) 60,000 -- 60,000 D N/A
Explanation of Responses:
(1) shares are held in the Individual Retirement Account of Reporting Person.
(2) shares are held in a corporation which is owned 49% by Reporting Person
and 51% by Robert J. Marischen, Vice Chairman & CFO of Issuer.
(3) represents an employee stock option (right to buy) granted to the Reporting
Person.
(4) 25% exercisable 4/3/1998, an additional 25% on each subsequent
anniversary date through 4/3/2001.
(5) represents Huntco Inc. Class A common stock, $.01 par value per share.
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 78ff(a).
/s/ B. D. Hunter October 2, 1998
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Signature of Reporting Person Date
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.