UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
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 Instructions 1(b).
1. Name and Address of Reporting Person
STV Group Incorporated, Employee Stock Ownership Plan
205 West Welsh Drive
Douglassville, PA 19518
2. Issuer Name and Ticker or Trading Symbol
STV Group, Incorporated
STVI
3. IRS or Social Security Number of Reporting Person (Voluntary)
23-2198087
4. Statement for Month/Year
08/31/97
5. If Amendment, Date of Original (Month/Year)
08/31/97
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |8/1/97|P | |2,000 |A |$8.25 |1,285,163 |I |Trust for plan part. |
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Common Stock |8/6/97|P | |1,500 |A |$8.25 |1,286,663 |I |Trust for plan part. |
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*Footnote: 46,753 shares a| | | | | | | | | |
re owned by the following E| | | | | | | | | |
xecutive Officers and | | | | | | | | | |
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Directors of STV Group, In| | | | | | | | | |
corporated as of last date | | | | | | | | | |
of record: | | | | | | | | | |
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Michael Haratunian | | | | | | | | | |
12,589 | | | | | | | | | |
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Dominick M. Servedio | | | | | | | | | |
11,498 | | | | | | | | | |
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Peter W. Knipe | | | | | | | | | |
5,454 | | | | | | | | | |
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Whitney A. Sanders II | | | | | | | | | |
8,240 | | | | | | | | | |
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Frank E. Lyon | | | | | | | | | |
8,972 | | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
EMPLOYEE STOCK OWNERSH| | | | | | | | | | | | | | |
IP | | | | | | | | | | | | | | |
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PLAN | | | | | | | | | | | | | | |
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ADMINISTRATIVE COMMITT| | | | | | | | | | | | | | |
EE: | | | | | | | | | | | | | | |
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Michael Haratunian | | | | | | | | | | | | | | |
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Peter W. Knipe | | | | | | | | | | | | | | |
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Patrick M. Austin | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
The filing of this Statement shall not be construed as an admission (a) that
the person filing this Statement is, for the
purposes of Section 16 of the Securities Exchange Act of 1934 (as amended), the
beneficial owner of any equity
securities covered by this Statement, or (b) that this Statement is legally
required to be filed by such person.
DATE
September 10, 1997
