FORM 5
[ ]Check box if no longer
subject to Section 16. Form 4
or Form 5 obligations may
continue. See Instruction 1(b).
[ ]Form 3 Holdings Reported
[ ]Form 4 Transactions Reported
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL 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
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1. Name and Address of Reporting Person| 2. Issuer Name and Ticker or Trading
Nowling Eric M. | Symbol
(Last) (First) (Middle)|Standard Microsystems Corporation/SMSC
80 Arkay Drive |--------------------------------------
(Street) | 3. IRS or Social Security Number of
Hauppauge NY 11788| Reporting Person (Voluntary)
(City) (State) (Zip)|
|
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4. Statement of Month/Year | 5. If Amendment, Date or Original (Month/Year)
|
02/98 |
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6. Relationship of Reporting Person | 7. Individual or Joint/Group
to Issuer (Check all applicable) | Filing (Check applicable line)
|
Director 10% Owner | x Form Filed by one Reporting
--- --- | --- Person
|
x Officer (give Other | Form Filed by more than one
--- title below) --- (specify | --- Reporting Person
below) |
Vice President and Controller |
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Table I - Non-Derivative Securties Acquired, Disposed of, or Beneficially Owned
<TABLE>
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<CAPTION>
1. Title of security 2.Transaction 3.Transaction 4.Securities 5.Amount of 6.Ownership 7.Nature of
Date Code Acquired (A) Securities Form: Indirect
(Month/Day/Year) or Disposed Beneficially Direct (D) Beneficial
of (D) Owned at End Indirect (I) or Ownership
of Issuer's
Fiscal Year
Amount (A) Price
or
(D)
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 9/8/97 A 2,000 A -- 4,606 D
1,795 I By Trust*
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</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly. (Print or Type Responses)
<PAGE>
FORM 5 (Continued) Table II-Derivative Securities Acquired, Disposed of, or
Beneficially Owned (e.g. puts, calls, warrants, options,
convertible securities)
<TABLE>
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<CAPTION>
1. Title of 2. Conversion or 3. Transaction 4. Transaction 5. Number of 6.Date
Derivative Exercise Price Date Code Derivative Exercisable
Security of Derivative (Month/ Securities and Expiration
Security Day/Year) Acquired (A) Date
or Disposed (Month/Day/Year)
(D)
(A) (D) Date Expiration
Exercisable Date
<S> <C> <C> <C> <C> <C> <C> <C>
Employee stock $11.31 9/8/97 A 2,500 -- 9/8/98 9/8/07
option (right to $11.31 9/8/97 A 2,500 -- 9/8/99 9/8/07
buy) $11.31 9/8/97 A 2,500 -- 9/8/00 9/8/07
$11.31 9/8/97 A 2,500 -- 9/8/01 9/8/07
<CAPTION>
7.Title and 8.Price of 9.Number of 10.Ownership 11.Nature
Amount of Derivative Derivative Form of of
Underlying Security Securities Derivative Indirect
Securities Beneficially Security: Beneficial
Owned at End Direct (D) Ownership
of Year or
Indirect (I)
Title Number
of Shares
<S> <C> <C> <C> <C> <C>
Common Stock 2,500 -- 2,500 D --
Common Stock 2,500 -- 2,500 D --
Common Stock 2,500 -- 2,500 D --
Common Stock 2,500 -- 2,500 D --
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</TABLE>
Explanation of Responses:
* Held in Incentive Savings & Retirement Plan as of 2/28/98.
**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.
/s/ Eric M. Nowling April 8, 1998
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**Signature of Reporting Person Date
