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- ------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------------
Washington, D.C. 20549
FORM 4/A OMB APPROVAL
AMENDED STATEMENT OF CHANGES IN BENEFICIAL
- ------------------------ OWNERSHIP ----------------------------
/_/ Check this box if no OMB Number: 3235-0287
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............... 0.5
continue. See Act of 1940 ----------------------------
Instruction 1(b).
(Print or Type Responses)
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C>
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)
Trend-Lines, Inc. _X_ Director __ 10% Owner
Black Stanley D. "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) May, 1998
Revere MA 02151
________________________________ 5. If 7. Individual or Joint/Group
(City (State) (Zip) Amendment, Filing
Date of (Check Applicable Line)
Original _X__Form filed by One Reporting
(Month/ Person
Year) ____Form filed by More than One
Reporting Person
May, 1998
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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)
Month
(Instr. 3
and 4)
____________ ___________________________
Code V Amount (A) or Price
(D)
Class A Common Stock 5/12/98 P V 20,000 A $6.3725 4,230,282 * *
Class A Common Stock 5/14/98 P V 8,000 A $6.3725 4,230,282 * *
Class A Common Stock 5/14/98 P V 2,000 A $6.25 4,230,282 * *
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* See Attached Schedule A
Reminder: Report on a separate line for each class of
securities beneficially owned directly or indirectly.
(Over)
SEC 1474 (7-96)
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FORM 4/A (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially 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- Form 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) Month (I)
(Instr. 3, (Instr. (Instr.
4, and 5) 4) 4)
__________ ___________ ____________ _____________
Code V (A) (D) Date Expi- Title Amount
Exer- ra- or
cis- tion Number
able Date of
Shares
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Explanation of Responses:
** 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 6/5/98
------------------------------------------ -------------
** 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 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 1474 (7-96)
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SCHEDULE A
TO
FORM 4/A
STANLEY D. BLACK
Class A Common Stock Shares Beneficially Owned
Stanley D. Black 4,230,282 (1)(2)
(1) Mr. Black has sole voting and investment control with
respect to 9,313 shares of Class A Common Stock and shares voting
and investment control with his spouse, Emilia F. Black, with
respect to an additional 118,500 shares of Class A Common Stock.
Of the aggregate 4,102,469 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
2,675,807 of the 4,102,469 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
beneficially owned by Mrs. Black. Of the aggregate 4,102,469
shares of Class B Common Stock deemed beneficially owned by Mr.
Black, 1,792,749 are also deemed beneficially owned by Mrs.
Black.
(2) Includes shares of Class B Common Stock which are
convertible at any time into Class A Common Stock on a share-
for-share basis.
