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
Jenkins, Robert H.
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)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chairman of the Board, President and Chief Executive Officer
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 |04/27/|P | |75 |A |$65.5625 |75 |I |Owned by Spouse |
|98 | | | | | | | | |
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Common Stock |04/27/|P | |50 |A |$65.5625 | | | |
|98 | | | | | | | | |
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Common Stock |04/27/|G |V|50 |D |N/A |91,256 |D |--- |
|98 | | | | | | | | |
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| | | | | | |1540.117 |I |401K Plan Trust |
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Common Stock | | | | | | | | | |
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Common Stock | | | | | | | | | |
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Common Stock | | | | | | | | | |
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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 |(1) |(1) | |V| | |(1) |(1) |Common Stock| | |180,000 |D |---- |
Stock Option (Right to| | | | | | | | | | | | | | |
Buy)w/Tandem Withhold| | | | | | | | | | | | | | |
ing Right | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
(1)Previous awards to Reporting Person of options to buy Common Stock under the
Company's Stock Incentive Plan
in transaction exempt under Rule 16b-3(d). Of the 180,000 stock options held
by the Reporting Person, 22,500 first
became exercisable on October 1, 1997, and 22,500 will become exercisable on
each of October 1, 1998, October
1, 1999, and October 1, 2000, all with an exercise price of $32.2344 and an
expiration date of October 1, 2005;
10,000 stock 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 12,500 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
Robert H. Jenkins