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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: Sal Davis who wrote (7297)	4/15/1999 4:57:00 PM
From: flickerful	Respond to of 17679

the filing spells out marc chalom's options: (Note 1) (Note 1) Class A Common Stock 150,000 $2.8125 D ------------------------------------------------------------------------------------------------------------------------------------ (Note 1) Explanation of Responses: Note 1: Non-qualified stock option grant pursuant to Rule 16b-3 under the Ampex Corporation Stock Incentive Plan (the "Plan"). The option becomes exercisable as to 34% of the underlying shares on March 24, 2000, and as to an additional 8.25% quarterly thereafter until March 24, 2002. The option expres as to equivalent percentages of underlying shares 15 months after the applicable vesting date for such shares. Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Marc Chalom 4/15/99 Signature of Reporting Person Date