U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check 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
Fellows, DeWayne J.
Sundstrand Corporation
4949 Harrison Avenue
P.O. Box 7003
Rockford,, IL 61125-7003
U.S.A.
2. Issuer Name and Ticker or Trading Symbol
Sundstrand Corporation
SNS
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
July 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Vice President and Controller
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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 Year |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |07/31/|S | |2,240 |D |$35.625 |41,620 |D |--- |
|96 | | | | | | | | |
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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 | | | |Year |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Nonqualified | | | | | | | | | | | | | | |
Stock Option | | | | | | | | | | | | | | |
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(Right to Buy) with Ta|$19.3125| | |V| | |* |12/01|Common Stock|7,300 | | | | |
ndem Tax With- | | | | | | | |/02 | | | | | | |
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holding Right | | | | | | | | | | | | | | |
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Employee Nonqualified | | | | | | | | | | | | | | |
Stock Option | | | | | | | | | | | | | | |
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(Right to Buy) with Ta|$22.375 | | |V| | |* |11/15|Common Stock|12,000 | |19,300 |D |--- |
ndem Tax With- | | | | | | | |/04 | | | | | | |
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holding Right | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
*Previous awards to reporting person of options to buy Common Stock under the
Company's Stock Incentive Plan
in transactions exempt under old Rule 16b-3. Of the 19,300 options held by the
reporting person, 1,050 first
became exercisable on December 1, 1995, 3,124 stock options will become
exercisable on December 1, 1996,
and 3,126 stock options will become exercisable on December 1, 1997, all with
an exercise price of $19.3125;
3,000 stock options will become exercisable on each of November 15, 1996,
November 15, 1997, November 15,
1998, and November 15, 1999, all with an exercise price of
$22.375.
