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
Thomas, Patrick L.
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
April 1998
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Executive Vice President and Chief Operating Officer, Industrial
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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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 |12/16/|J(1)|V|2.6248 |A |$51.813 | |D |--- |
|97 | | | | | | | | |
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Common Stock |01/15/|G(2)|V|6,742 |D |--- | |D |--- |
|98 | | | | | | | | |
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Common Stock |03/20/|J(1)|V|2.3127 |A |$59.00 | |D |--- |
|98 | | | | | | | | |
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Common Stock |04/24/|S |V|555 |D |$67.00 |39,065.9375 |D |--- |
|98 | | | | | | | | |
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Common Stock |04/24/|S |V|1,245 |D |$66.9375 |5,497 |I |Owned by Spouse |
|98 | | | | | | | | |
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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 Nonqualified |(3) | | |V| | |(3) |(3) | Common Stoc| | |71,750(3) |D |--- |
Stock Option (Right to| | | | | | | | |k | | | | | |
Buy)w/Tandem Withhold| | | | | | | | | | | | | | |
ing Right | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
(1)Acquired by Reporting Person pursuant to dividend reinvestment on Sundstrand
stock held in account with
Smith Barney.
(2)Gift of 6,742 shares to Reporting Person's
spouse.
(3)Of the 71,750 options held by the Reporting Person, 2,250 first became
exercisable on each of December 1,
1995, December 1, 1996, and December 1, 1997, all with an exercise price of
$19.3125 and an expiration date of
December 1, 2002; 2,500 options first became exercisable on November 15, 1996,
and November 15, 1997, and
2,500 options will become exercisable on each of November 15, 1998, and
November 15, 1999, all with an
exercise price of $22.375 and an expiration date of November 15, 2004; 6,250
options will become exercisable
on each of November 19, 1998, November 19, 1999, November 19, 2000, and
November 19, 2001, all with an
exercise price of $38.9375 and an expiration date of November 19, 2006; and
7,500 options will become
exercisable on each of November 18, 1999, November 18, 2000, November 18, 2001,
and November 18, 2002, all
with an exercise price of $51.3125 and an expiration date of November 18, 2007.
All of the nonexercisable
stock options, in the event of a "Change in Control" as defined in the Plan
under which they were granted, may
become immediately exercisable unless specifically prohibited by the terms of
applicable law.
SIGNATURE OF REPORTING PERSON
Patrick L. Thomas
