F O R M 4 U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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continue. See Instructin 1(b) hours per response 0.5
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 1940
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1.Name and Address of 2.Issuer Name and Ticker 6.Relationship of Reporting
Reporting Person* or Trading Symbol Person to Issuer (check
all Applicable)
The Hallwood Group
Incorporated ("HWG")
Gumbiner, Anthony J. October, 2001 X Director 10% Owner
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(Last) (First) (MI) 3.IRS or Soc.Sec.No. 4.Statement for X Officer Other
of Reporting Person Month/Year --- ---
(Voluntary) (Give title (specify below)
below)
c/o Le Roccabella
24 Princess Grace Ave. Chairman, President & CEO
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5.If Amendment, 7.Individual or Joint/Group
Date of Original Filing (Check Applicable
Monte Carlo 98000, Monaco (Month/Year) Line)
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(City) (State) (Zip) X Form filed by One Reporting Person
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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. Transaction 3. Transaction 4. Security Acquired (A)
(Inst.3) Date Code or Disposed of (D)
(Month/ (Instr.8) (Inst.3, 4 & 5)
Day/Yr) _________________________________________
(A)
Code V Amount (D) Price
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5. Amount of Securities 6. Ownership Form 7. Nature of Indirect
Beneficially Owned at Direct (D) or Beneficial Ownership
at End of Month Indirect (I) (Inst. 4)
(Inst. 3 & 4)
(1)
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Reminder: Report on a separate line for each class securities owned directly or
indirectly. *If the form is filed by more than one reporting person, see
Instruction 4(b)(v). Page 1
FORM 4 (continued)
Page 2
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Table II - Derivative Securities Acquired, Disposed of,
or Beneficially Owned (e.g., puts, calls,
warrants, options, convertible security)
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1. Title of 2. Conversion 3. Transaction 4. Transaction
Derivative or Exercise Date (Month Code
Security Price of (Day/Year) (Instr. 8)
(Instr.3) Derivative
Security Code V
Option to Purchase Common Stock $10.31 5/19/00 A
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5. Number of Derivative 6. Date Exercisable 7. Title & Amount of
Securities Acquired & Expiration Date Underlying Securities
(A) or Disposed of (D) (Mon./Day/Year) (Inst. 3 & 4)
(Instr. 3, 4 & 5)
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(A) (D) Date Expiration Title Amount or number
Exercisable Date of Shares
66,300 Immed. 5/19/10 Common Stock 66,300
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8. Price of Derivative 9. Number of Derivative Securities 10. Ownership Form of 11. Nature of Indirect
Security (Inst.5) Beneficially Owned at end of Derivative Security Beneficial
Month (Instr. 4) Direct (D) or Ownership (Instr.4)
Indirect (I) (Instr.4)
N/A 150,000 D
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(1) Mr. Gumbiner is the principal officer and director of Hallwood Investments
Limited ("HIL"), organized in the Jersey Islands. HIL is wholly owned by
the Alpha Trust (the "Trust"), a trust organized in Switzerland. Mr.
Gumbiner is a discretionary beneficiary of the Trust and has the power to
remove the trustee of the Trust. The Trust, through HIL, owns 790,087
shares of common stock of The Hallwood Group Incorporated and has the right
to purchase 343,949 shares of common stock upon conversion of certain
convertible promissory notes.
/s/ Anthony J. Gumbiner 11/8/01
**Intentional misstatements or omissions of facts constitute Federal ------------------------------------------
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Anthony J. Gumbiner Date
Potential persons who are to respond to the collections of information contained
in this form are not required to respond unless the form displays a currently
valid OMD Number.
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