OMB Number 3235-0287
Expires: September 30, 1998
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4/A
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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 of Reporting Person (If the form is filed by more than
one reporting person, see Instruction 4(b)(v).)
Fried J. Michael
Hirmes Alan P.
Boesky Stuart J.
Schnitzer Mark D.
Ross Stephen M.
(Last) (First) (Middle)
c/o Related Capital Company
625 Madison Avenue
(Street)
New York, NY 10022
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Independence Tax Credit Plus L.P. IV
3. IRS or Social Security Number of Reporting Person
(Voluntary)
4. Statement for
(Month/Year)
1/99
5. If Amendment, Date of Original
(Month/Year)
2/10/99
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6. Relationship of Reporting Persons to Issuer
(Check all applicable)
Director 10% Owner
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X Officer (give title below) Other (specify
-------- -------- below)
President and Member of Related Independence L.L.C., the general partner
of the Issuer ("RILLC"), Senior Vice President and Member of RILLC, Vice
President and Member of RILLC, Vice President of RILLC and Director and
President of the general partner of a member of RILLC, respectively.
7. Individual or Joint/Group filing (Check Applicable Line)
Form filed by One Reporting Person
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X 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 2. Trans 3. Trans 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
Security action action or Disposed of (D) Securities Form: Indirect
(Instr.3) Date Code (Instr.3, 4 and 5) Benefici- Direct (D) Beneficial
(Month (Instr.8) ally Owned or Ownership
/Date/ at End of Indirect
Year) Month (I) (Instr. 4)
(Inst. 3 (Instr. 4)
and 4)
Code V Amount (A) or Price
(D)
Beneficial
Assignment
Certificates 1/15/99 P 2,858.06 A $750.00 2,868.06 I* By Lehigh
Tax Credit
Partners III
L.L.C.*
SEC 1474 (7-96) Page 2
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TABLE II - Derivative Securities Acquired, Disposed
of, or Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C>
1. Title of 2. Conver 3. Trans 4. Transaction 5. Number of Deriv 6. Date Exercisable and
Derivative sion or action Code ative Securities Expiration Date
Security Exercise Date Acquired (A) or (Month/Day/Year)
(Instr.3) Price of (Instr. 8) Disposed of (D)
Deri (Month/
vative Day/ (Instr. 3, 4,
Security Year) and 5)
Code (A) (D) Date Exer Expiration
cisable Date
SEC 1474 (7-96) Page 3
</TABLE>
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<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
1. Title of 7. Title and Amount of 8. Price of 9. Number of 10. Ownership 11. Nature of
Derivative Underlying Security Derivative Derivative Form of Deri Indirect Bene
Security Security Securities vative Sec ficial Owner
(Instr.3) (Instr.3 and 4) Beneficially urity: Direct ship (Instr.
(Instr. 5) Owned at End (D) or 4)
of Month Indirect (I)
(Instr. 4)
(Instr. 4)
Title Amount or
Number of
Shares
SEC 1474 (7-96) Page 4
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Explanation of Responses:
* The reporting persons are the directors and officers of Lehigh Tax Credit Partners, Inc., the
sole managing member of Lehigh Tax Credit Partners III L.L.C. ("Lehigh"). On January 15, 1999, Lehigh acquired
2,858.06 Beneficial Assignment Certificates ("BACs") pursuant to a tender offer for BACs of the Issuer on
Schedule 14D-1, commenced on October 14, 1998. Each of the reporting persons is deemed to beneficially own the
BACs acquired by Lehigh. In addition, Lehigh owns 10 BACs which it acquired by assignment from an affiliate of
Lehigh, which acquired such BACs through open market transactions.
/s/ J. Michael Fried February 11, 1999
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/s/ Alan P. Hirmes February 11, 1999
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/s/ Stuart J. Boesky February 11, 1999
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/s/ Mark D. Schnitzer February 11, 1999
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/s/ Stephen M. Ross February 11, 1999
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**Signature of Reporting Persons Date
** 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 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.
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