U.S. SECURITIES AND EXCHANGE COMMISSION
FORM 4 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
|_| Check box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person
Four Partners
c/o Thomas J. Tisch
667 Madison Avenue
New York, New York 10021
2. Issuer Name and Ticker or Trading Symbol
Gunther International, Ltd. (SORT)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
10/97
5. If Amendment, Date of Original
6. Relationship of Reporting Person to Issuer (Check all applicable)
Director X 10% Owner
---- ----
Officer (give title below) Other (specify below)
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Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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<TABLE>
<S> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Transaction Date 3. Trans 4. Securities Acquired 5. Amount of 6. Owner- 7. Nature
(Instr. 3) (Month/Day/Year) action Code (A) or Disposed of (D) Securities ship Form: of Indirect
(Instr. 8) (Instr. 3, 4 and 5) Beneficially Direct (D) Beneficial
Owned at or Indirect Owner-
(A) or End of Month (I) ship
Code V Amount (D) Price (Instr. 3 and 4) (Instr. 4) (Instr. 4)
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Over)
(Print or Type Responses)
<PAGE>
FORM 4 (continued)
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<S> <C> <C> <C> <C> <C> <C>
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount of Under-
(Instr. 3) sion or action action Code Derivative cisable and lying Securities
Exercise Date (Instr. Securities Ac- Expiration (Instr. 3 and 4)
Price of (Month/ quired (A) or Date
Deriv- Day/ Disposed of (Month/Day/
ative Year) (D) Year)
Security (Instr. 3, 4,
and 5
Date Expira- Amount or
Code V (A) (D) Exer- tion Title Number of
cisable Date Shares
Common Stock Purchase Warrants $6.00 10/7/97 S 40,000 12/21/94 12/20/97 Common 40,000
Stock,
$.001
par
value
</TABLE>
<TABLE>
<S> <C> <C> <C>
8. Price of Derivative Security 9. Number of Derivative Secur- 10. Ownership Form 11. Nature of Indirect
(Instr. 5) ities Beneficially Owned of Derivative Beneficial Own-
at End of Month Security: Direct ership
(Instr. 4) (D) or Indirect (I) (Instr. 4)
(Instr. 4)
$1.76 115,000 D
</TABLE>
Explanation of Responses:
FOUR PARTNERS
/s/Thomas J. Tisch November 10, 1997
**Signature of Reporting Person Date
Thomas J. Tisch
Manager of Four Partners
**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.
