U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 3
INITIAL STATEMENT OF 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 2. Date of Event Re- 5. Relationship of
of Reporting Person quiring Statement Reporting
6/14/1999 Person to Issuer
John E. Fleener 3. IRS or Social Sec Director 10% Owner
Number of Reporting
c/o Harrington Person (Voluntary) X Officer Other
Financial Group Principal Accounting
722 Main and Financial
Richmond IN 47374 Officer
4.Issuer Name 6. If Amendment,
and Ticker Date of Original
Harrington Financial (Month/Day/Year)
Group, Inc. (HFGI)
Table 1 - Non-Derivative Securities Beneficially Owned
1. Title of Security 2.Amt of 3.Ownership 4.Nature of
Securities Form Indirect
Beneficially D or I Beneficial
Owned Ownership
Not applicable
Table II - Derivative Securitites Acquired, Disposed of, or
Beneficially Owned (e.g., puts, calls, warrants,
options, convertible securities)
1.Title of 2.Conver- 3.Trans- 4.Trans- 5.Number 6.Date
Derivative sion or action action of Deriv- exercis-
Security Exercise Date Code ative able and
Price of Securi- Expira-
Deri- (Month/ ties tion Date
vative Day/ Acquired (Month/
Security Year) (A) or Day/Year)
Disposed
of(D)
Code V (A) (D) Date Exp
Exer- Date
cisable
Options $10.00 6/14/99 A 2,000 * 6/14/09
7.Title and 8.Price 9.Number 10.Owner-
Amount of of of deriv- ship
Underlyin Deriv- ative Form of
Securities ative Secur- Deriv-
Secur- ities ative
ity Bene- Secur-
ficially ity
Owned Direct
at End (D) or
of Month Indirect
(I)
Title Amount
Common stock
$.125 par
value per
share 2,000 $0 2,000 D
Explanation of Responses:
* Options vest at a rate of 20% per year from date of grant.
/S/John E. Fleener 8/4/99
Signature of Reporting Person Date
