Edgar Filing: AMPEX CORP /DE/

Ownership Submission

FORM 4

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN 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(h) of the Investment Company Act of 1940

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3235-0287

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January 31, 2005

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

BRAMSON EDWARD J

2. Issuer Name and Ticker or Trading Symbol
AMPEX CORP /DE/ [AMPX]

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

__X__ Director	__X__ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chmn of the Board, Pres. & CEO

(Last)

(First)

(Middle)

135 EAST 57TH STREET

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2005

(Street)

NEW YORK, NY 10022

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
Class A Common Stock	08/03/2005		S⁽¹⁾		99	D	$ 35.21	215,968 ⁽²⁾	D
Class A Common Stock	08/03/2005		S⁽¹⁾		179	D	$ 35.17	215,968 ⁽²⁾	D
Class A Common Stock	08/03/2005		S⁽¹⁾		99	D	$ 37.19	215,968 ⁽²⁾	D
Class A Common Stock	08/03/2005		S⁽¹⁾		70	D	$ 35.4	215,968 ⁽²⁾	D
Class A Common Stock	08/03/2005		S⁽¹⁾		53	D	$ 35.18	215,968 ⁽²⁾	D
Class A Common Stock	08/04/2005		S⁽¹⁾		200	D	$ 37.17	215,968 ⁽²⁾	D
Class A Common Stock	08/04/2005		S⁽¹⁾		1	D	$ 37.12	215,968 ⁽²⁾	D
Class A Common Stock	08/04/2005		S⁽¹⁾		299	D	$ 37.13	215,968 ⁽²⁾	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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 control number.		SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BRAMSON EDWARD J 135 EAST 57TH STREET NEW YORK, NY 10022	X	X	Chmn of the Board, Pres. & CEO

Signatures

Edward J. Bramson		08/04/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2005.
(2)	In addition to the 215,968 shares reported above as directly owned, Mr. Bramson may be deemed to be the beneficial owner of a total of 76,625 shares held indirectly through the following entities: 20,000 shares owned by Second Jeffson Corporation ("SJC"); 1,698 shares owned by Sherborne and Company Incorporated ("SCI")(Mr. Bramson is the controlling stockholder of SJC and SCI); 48,959 shares owned by Sherborne Holdings Incorporated ("SHI"), a subsidiary of Newhill Partners, L.P. (of which SCI is the general partner); and 5,968 shares owned by NH Bond Corp., a subsidiary of SHI.

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

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