Management Voting Trust – ‘3’ for 5/11/98 re: Young & Rubicam Inc.

As of:  Wednesday, 5/27/98   ·   For:  5/11/98   ·   Accession #:  903423-98-187   ·   File #:  1-14093

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Initial Statement of Beneficial Ownership of Securities by an Insider   —   Form 3   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 3           Initial Statement of Beneficial Ownership of           4±    14K 
                Securities by an Insider                                         

3
1st “Page” of 2
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
                      OMB APPROVAL
                       OMB Number        3235-0104
                       Expires: September 30, 1998
                    Estimated average burden
                       hours per response......0.5
======                                                                          
FORM 3                                                                          
======                                                                          

U.S. SECURITIES AND EXCHANGE COMMISSION               
Washington, D.C. 20549              

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES               

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 of 1940                     

=================================================================               

1.   Name and Address of Reporting Person*                                      

Management Voting Trust                         
-----------------------------------------------                       
(Last)             (First)             (Middle)                       

c/o Young & Rubicam Inc., 285 Madison Avenue                          
-----------------------------------------------                       
(Street)                          

New York           New York               10017                       
-----------------------------------------------                       
(City)             (State)                (Zip)                       

=================================================================               

2.   Date of Event Requiring Statement                                          
(Month/Day/Year)                                                      

5/11/98                                               
-----------------------------                                         

=================================================================               

3.   IRS or Social                                                              
Security Number of                                                    
Reporting Person, if                                                  
an Entity (Voluntary)                                                 

-----------------------------                                         

=================================================================               

4.   Issuer Name and Ticker or Trading Symbol                                   

Young & Rubicam Inc. (YNR)                                
------------------------------------                                  

=================================================================               

5.   Relationship of Reporting Person to Issuer                                 
(Check all applicable)                      

Director               X   10% Owner (1)                  
-----                      -----                                      

Officer (give        ----- Other (specify                 
----- title below)               below)                               

---------------------------                                           

=================================================================               

6.   If Amendment, Date of Original                                             
(Month/Day/Year)                                                      

-------------------------                                             

=================================================================               

7.   Individual or Joint/Group Filing                                           
(Check applicable line)                                               

X   Form filed by One Reporting Person                            
-----                                                                 

Form filed by More than One Reporting Person              
-----                                                                 

=================================================================               

                                                        [Enlarge/Download Table]

                                                                                                          

                      Table I -- Non-Derivative Securities Beneficially Owned                             

==========================================================================================================

1. Title of Security           2. Amount of Securities   3. Ownership Form:  4. Nature of Indirect        
   (Instr. 4)                     Beneficially Owned        Direct (D) or       Beneficial Ownership      
                                  (Instr. 4)                Indirect (I)                                  
                                                            (Instr. 5)                                    
-------------------            -----------------------   -----------------   -----------------------      
No securities owned                                                                                       

----------------------------------------------------------------------------------------------------------
* If the Form is filed by more than one Reporting Person, see                                             
instruction 5(b)(v).                                                                                      

Reminder: Report on a separate line for each class of securities                
beneficially owned directly or indirectly                   

(Print or type responses)                                                       

                                            (Over)
                                   SEC 1473 (7/96)

3
Last “Page” of 2
TOC
1st
Previous
Next
↓Bottom
Just 2nd
FORM 3 (continued)                                                              

Table II -- Derivative Securities Beneficially                                
Owned (e.g., puts, calls, warrants, options, convertible                        
securities)                                                                     

                                                        [Enlarge/Download Table]

                                                                                                                                  

==================================================================================================================================
1. Title of Derivative  2. Date Exercisable and  3. Title and Amount of Sec-     4. Conversion or  5. Ownership  6. Nature of     
   Security                Expiration Date          urities Underlying Deriva-      Exercise Price    Form of       Indirect      
   (Instr. 4)              (Month/Day/Year)         tive Security (Instr. 4)        of Derivative     Derivative    Beneficial    
                           --------------------     --------------------------      Security          Security:     Ownership     
                           Date        Expir-                     Amount or                           Direct (D)    (Instr.5)     
                           Exerci-     ation                      Number of                           or Indirect                 
                           sable       Date         Title         Shares                              (I)                         
                                                                                                      (Instr. 5)                  
   ------------------      -------     -------      -----         ------------      --------------    ----------    ---------     
No securities owned                                                                                                               

----------------------------------------------------------------------------------------------------------------------------------

Explanation of Responses:                                                       

(1)  Pursuant to the Management Voting Trust Agreement dated as of              
12/12/96, shares of Common Stock, par value $0.01 per share,          
and Money Market Preferred Stock, par value $0.01 per share,          
of Young & Rubicam Inc. held by certain employee equity               
holders of Young & Rubicam Inc. and the Restricted Stock              
Trust must be deposited with the Management Voting Trust              
(the "Trust"). As of 5/11/98, the Trust held 45,411,870               
shares of Common Stock and Money Market Preferred Stock of            
Young & Rubicam Inc. The Trust has the sole right to vote             
and execute consents with respect to all shares of Common             
Stock and Money Market Preferred Stock held by the Trust.             
The voting rights of the Trust are exercised by the voting            
trustees of the Trust (the "Voting Trustees"). So long as             
Young & Rubicam's current Chief Executive Officer, Peter A.           
Georgescu (or a properly elected successor Chief Executive            
Officer), is a Voting Trustee, (i) any action approved in             
writing or at a meeting by Peter A. Georgescu (or such                
successor) and any two other Voting Trustees and (ii) any             
action approved over the objection of Peter A. Georgescu (or          
such successor) at a meeting of the Voting Trustees by an             
aggregate vote of Voting Trustees equal to not less than the          
total number of Voting Trustees then in office minus two,             
shall constitute the action of, and shall be binding upon,            
the Management Voting Trust (unless there shall be fewer              
than seven Voting Trustees then in office, in which event             
any action under clause (ii) shall require the vote of all            
the Voting Trustees other than Peter A. Georgescu (or such            
successor)). The Trust disclaims any beneficial ownership of          
any of the shares held by the Trust.                                  

/s/ Stephanie W. Abramson, Attorney-                                        
in-Fact for the Management Voting Trust        5/21/98                      
---------------------------------------   ---------------------                 
** Signature of Reporting Person               Date                       

**     Intentional misstatements or omissions of facts constitute               
Federal Criminal Violations. See 18 U.S.C. 1001 and 15            
U.S.C. 78ff(a).                                                   

Note:  File three copies of this Form, one of which must be manually            
signed.  If space provided is insufficient, See Instruction 6     
for procedure.                                                    

Potential persons who are to respond to the collection of information           
contained in this form are not required to respond unless the form              
displays a currently valid OMB number.                                          

                                   SEC 1473 (7-96)

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘3’ Filing		Date		First		Last			Other Filings
		9/30/98		1					10-Q
Filed on:		5/27/98							3
For Period end:		5/11/98							3,  4
									List all Filings