FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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instruction 1(b).
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 or Trading Symbol 6.Relationship of Reporting
Reporting Person* Person(s) to Issuer
The Hallwood Group Incorporated (HWG) (check all applicable)
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The Alpha Trust 3. I.R.S. Identification 4. Statement for Director X 10% Owner
--------------------------------------- Number of Reporting Month/Day/Year --- ---
(Last) (First) (MI) Person, if an entity Officer Other
(Voluntary) 04/17/03 --- (give title --- (specify
Le Roccabella ----------------- below) below)
24 Princess Grace Avenue
---------------------------------------- ------------------------- 5. If Amendment,
(Street) Date of Original -----------------------------------
Monte Carlo Monaco 98000 (Month/Day/Year) 7.Individual or Joint/Group
---------------------------------------- Filing (Check Applicable
(City) (State) (Zip) ------------------- Line)
Form filed by One Reporting Person
---
X 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 2A. 3. Transaction 4. Security Acquired (A) 5. Amount of 6. Owner 7. Nature of
(Instr.3) Date Deemed Code or Disposed of (D) Securities ship Indirect
(Month/ Execution (Instr.8) (Inst.3, 4 & 5) Beneficially Form: Beneficial
Day/Yr) Date, if ----------------------------------------- Owned Direct Owner-
any Following (D) or Ship
(Month/ Reported Indirect
Day/ (A) Transaction(s) (I)
Year) or (Instr. 3 and 4) (Instr. 4) (Instr. 4)
Code V Amount (D) Price
By Hall-
wood
Invest-
ments
Common Stock 4/17/03 P 7,000 A $8.06 764,775 I (1) Limited
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Page 1
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. *If the form is filed by more than one reporting
person, see Instruction 4(b)(v).
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Table II - Derivative Securities Acquired, Disposed of,
or Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
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1. Title of 2. Conversion 3. Transaction 3A. Deemed 4. Transaction 5. Number of Deriv-
Derivative or Exercise Date (Month Execution Code ative Securities Ac-
Security Price of (Day/Year) Date, if (Instr. 8) quired (A) or Dis-
(Instr.3) Derivative any posed of (D)
Security (Month/ (Instr. 3,4, and 5)
Day/Year)
Code V (A) (D)
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6. Date Exercisable 7. Title & Amount of 8. Price 9. Number 10. Owner- 11. Nature
& Expiration Date Underlying Securities of Deriv- of Deriv- ship of
(Mon./Day/Year) (Inst. 3 & 4) ative ative Form of Indirect
Secur- Secur- Deriv- Benefi-
ity ities ative cial
(Instr. 5) Bene- Security: Owner-
ficially (D) or ship
Owned Indirect (Instr. 4)
Follow- (I)
ing (Instr. 4)
Reported
Trans-
action(s)
(Instr. 4)
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Date Expira- Title Amount or number
Exer- tion of Shares
cisable Date
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Explanation of Responses:
(1) Hallwood Investments Limited is wholly-owned by The Alpha Trust (the
"Trust"). Hallwood Company Limited is the trustee of the Trust and Mr.
Gumbiner is one of the directors of Hallwood Company Limited and a
discretionary beneficiary of the Trust.
THE APHA TRUST
By: Hallwood Company Limited, trustee
/s/ Anthony J. Gumbiner 4/20/03
**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, Director Date
**Signature of Reporting Person
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.
Joint Filer Information
Name: Anthony J. Gumbiner
Address: Le Roccabella, 24 Princess Grace Avenue
Monte Carlo, Monaco, 98000
Designated
Filer: The Alpha Trust
Issuer
and Ticker
Symbol: The Hallwood Group Incorporated (HWG)
Date of
Event Requiring
Statement: April 17, 2003
Signature: /s/ Anthony J. Gumbiner
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Anthony J. Gumbiner