SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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听听

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

(Last)

(First)

(Middle)

(Street)

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
[ X ]

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

X	Director		10% Owner
X	Officer (give title below)	X	Other (specify below)
Vice Chairman / Vice Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2004

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

6. Individual or Joint/Group Filing (Check Applicable Line)

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
91制片厂 Corporation Common Stock	02/18/2004		M		150,000	A	$20.415	212,665.13	D
91制片厂 Corporation Common Stock	02/18/2004		D		150,000	D	$36.375	62,665.13	D
91制片厂 Corporation Common Stock	02/18/2004		M		62,500	A	$19.885	125,165.13	D
91制片厂 Corporation Common Stock	02/18/2004		D		48,334	D	$36.375	76,831.13	D
91制片厂 Corporation Common Stock	02/18/2004		M		50,000	A	$23	126,831.13	D
91制片厂 Corporation Common Stock	02/18/2004		D		40,808	D	$36.375	86,023.13	D
91制片厂 Corporation Common Stock	02/18/2004		M		35,000	A	$28.2188	121,023.13	D
91制片厂 Corporation Common Stock	02/18/2004		D		31,077	D	$36.375	89,946.13	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$28.2188	02/18/2004		M⁽¹⁾			35,000	05/25/2000	05/25/2009	91制片厂 Corporation Common Stock	35,000	$00.00	0.00	D
Stock Appreciation Right	$28.2188	02/18/2004		M⁽¹⁾			35,000	05/25/2000	05/25/2009	91制片厂 Corporation Common Stock	35,000	$00.00	0.00	D
Employee Stock Option (right to buy)	$23	02/18/2004		M⁽¹⁾			50,000	05/30/2001	05/30/2010	91制片厂 Corporation Common Stock	50,000	$00.00	0.00	D
Stock Appreciation Right	$23	02/18/2004		M⁽¹⁾			50,000	05/30/2001	05/30/2010	91制片厂 Corporation Common Stock	50,000	$00.00	0.00	D
Employee Stock Option (right to buy)	$19.885	02/18/2004		M⁽¹⁾			62,500	05/29/2002	05/29/2011	91制片厂 Corporation Common Stock	62,500	$00.00	0.00	D
Stock Appreciation Right	$19.885	02/18/2004		M⁽¹⁾			62,500	05/29/2002	05/29/2011	91制片厂 Corporation Common Stock	62,500	$00.00	0.00	D
Employee Stock Option (right to buy)	$20.415	02/18/2004		M⁽²⁾			150,000	05/28/2003	05/28/2010	91制片厂 Corporation Common Stock	150,000	$00.00	0.00	D
Stock Appreciation Right	$20.415	02/18/2004		M⁽²⁾			150,000	05/28/2003	05/28/2010	91制片厂 Corporation Common Stock	150,000	$00.00	0.00	D

Explanation of Responses:

1. Exercise of SAR, receiving half cash and half stock, and cancellation of related options.

2. Exercise of SARs and cancellation of related options.

Remarks:

	Roy G. DORRANCE	02/20/2004
	** Signature of Reporting Person	Date
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).
** 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 is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

91制片厂