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- ------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------------
Washington, D.C. 20549
FORM 5 OMB APPROVAL
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL
- ------------------------ OWNERSHIP ----------------------------
/_/ Check box if no OMB Number: 3235-0362
longer subject to Filed pursuant to Section 16(a) of the Expires: September 30, 1998
Section 16. Form 4 Securities Exchange Act of 1934, Section 17(a) Estimated average
or Form 5 of the Public Utility Holding Company Act of burden hours per
obligations may 1935 or Section 30(f) of the Investment Company response............... 1.0
continue. See Act of 1940 ----------------------------
Instruction 1(b).
/_/ Form 3 Holdings
Reported
/_/ Form 4 Transactions
Reported
- -------------------------------------------------------------------------------------------------------------
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1. Name and Address of 2. Issuer Name AND Ticker or 6. Relationship of Reporting
Reporting Person* Trading Symbol Person(s) to Issuer
(Check all applicable)
_X_ Director __ 10% Owner
Black Stanley D. Trend-Lines, Inc. "TRND" _X_ Officer (give __ Other (specify
________________________________ title below)
(Last) (First) (Middle) below)
Chairman and CEO
Trend-Lines, Inc. __________________________________
135 American Legion Highway 3. IRS or Social 4. Statement
________________________________ Security Number for
(Street) of Reporting Month/Year
Person
(Voluntary) 2/28/98
Revere MA 02151
________________________________ 5. If 7. Individual or Joint/Group
(City (State) (Zip) Amendment, Reporting
Date of (check applicable line)
Original ____Form Filed by One Reporting
(Month/ Person
Year) ____Form Filed by More than One
Reporting Person
- --------------------------------------------------------------------------------------------------------------------------
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<S> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired 5. Amount 6. Owner- 7. Nature
(Instr. 3) action action (A) or of ship of
Date Code Disposed of (D) Securities Form: Indirect
(Month/ (Instr.8) (Instr. 3, 4 and 5) Benefi- Direct (D) Beneficial
Day/ cially or Indi- Ownership
Year) Owned at rect (I) (Instr. 4)
end of (Instr. 4)
Issuer's
Fiscal
Year
(Instr. 3
and 4)
___________________________
Amount (A) or Price
(D)
Class A Common Stock 12/11/97 G 5,980 D -0- 4,190,720 * *
- --------------------------------------------------------------------------------------------------------------------------
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* See Attached Schedule A.
_____________________
* If the form is filed by more than one reporting person, see instruction
4(b)(v).
(Over)
SEC 2270 (9-96)
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FORM 5 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficialy Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1. Title of 2. Con- 3. Trans- 4. Trans- 5. Num- 6. Date 7. Title 8. Price 9. Num- 10. Own- 11. Na-
Derivative version action action ber of Exercis- and Amount of De- ber of ership ture of
Security or Date Code Deri- able and of Under- rivative Deriva- of Indi-
(Instr. 3) Exer- (Month/ (Instr. vative Expiration lying Secu- Secu- tive Deriva- rect Ben-
cise Day/ 8) Secu- Date rities rity Securi- tive Se- eficial
Price Year) rities (Month/Day/ (Instr. 3 (Instr. ties Ben- curity: Owner-
of De- Acquired Year) and 4) 5) eficially Direct ship
rivative (A) or Owned at (D) or (Instr.
Security Disposed End of Indirect 4)
of (D) Year (I)
(Instr. 3, (Instr. (Instr.
4, and 5) 4) 4)
___________ ____________ _____________
(A) (D) Date Expi- Title Amount
Exer- ra- or
cis- tion Number
able Date of
Shares
Class B Common 12/11/97 C 5,980 Class A 5,980 4,097,220 * *
Stock Common
Stock
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Explanation of Responses:
* See Attached Schedule A
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations.
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Stanley D. Black April 8, 1998
------------------------------------------ -------------
** Signature of Reporting Person Date
Stanley D. Black
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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 (7-96)
<PAGE>
BOST1-636490-1
FORM 5
ANNUAL STATEMENT OF
CHANGES IN BENEFICIAL OWNERSHIP
SCHEDULE A
STANLEY D. BLACK
Class A Common Stock Shares Beneficially
Owned
Stanley D. Black 4,196,700 (1)
Class B Common Stock Shares Beneficially
Owned
Stanley D. Black 4,103,200 (1)
(1) Mr. Black has sole voting and investment control with
respect to 5,000 shares of Class A Common Stock and shares
voting and investment control with his spouse, Emilia F.
Black, with respect to an additional 88,500 shares of Class
A Common Stock. Of the aggregate 4,103,200 shares of Class B
Common Stock deemed beneficially owned by Mr. Black,
1,100,000 shares are held of record by a limited partnership
(the "Limited Partnership") of which Mr. Black and Mrs.
Black are the general partners and share voting and
investment power. All other shares are held of record by
various trusts created by Mr. Black and/or Mrs. Black. Mr.
Black has sole voting and investment power with respect to
2,676,538 of the 4,103,200 shares of Class B Common Stock
deemed beneficially owned by him. Mr. Black does not
currently have voting or investment power with respect to
326,662 shares of Class B Common Stock deemed beneficially
owned by him, but has the right, in his capacity as a
settlor of a certain trust, to acquire such 326,662 shares.
Except for these 326,662 shares and the 1,100,000 shares
held of record by the Limited Partnership, Mr. Black
disclaims beneficial ownership of all shares listed as
beneficially owned by Mrs. Black. Of the aggregate
4,103,200 shares of Class B Common Stock deemed beneficially
owned by Mr. Black, 1,781,864 are also deemed beneficially
owned by Mrs. Black.
