<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>krameredwardfrm4.txt
<DESCRIPTION>CHANGE IN BENEFICIAL OWNERSHIP
<TEXT>
                                                  ------------------------------
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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                     FORM 4

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    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

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

(Print of Type Responses)
________________________________________________________________________________
1.   Name and Address of Reporting Person*

   Kramer,                           Edward              I.
--------------------------------------------------------------------------------
   (Last)                           (First)             (Middle)

   100 Jericho Quadrangle
--------------------------------------------------------------------------------
                                    (Street)

   Jericho,                       New York             11753
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   (City)                           (State)              (Zip)


________________________________________________________________________________
2.   Issuer Name and Ticker or Trading Symbol

   Griffon Corporation (GFF)
________________________________________________________________________________
3.   I.R.S. Identification Number of Reporting Person, if an entity (voluntary)


________________________________________________________________________________
4.   Statement for Month/Day/Year

   April 30, 2003
________________________________________________________________________________
5.   If Amendment, Date of Original (Month/Day/Year)


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

     |_|  Director                             |_|  10% Owner
     |X|  Officer (give title below)           |_|  Other (specify below)

   Secretary
________________________________________________________________________________
7.   Individual or Joint/Group Filing (Check Applicable line)

     |X|  Form Filed by One Reporting Person
     |_|  Form Filed by More than One Reporting Person
________________________________________________________________________________

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           Table I -- Non-Derivative Securities Acquired, Disposed of,
                             or Beneficially Owned
================================================================================
<TABLE>
<CAPTION>
                                                                                                 5.
                                                                                                 Amount of      6.
                                                                 4.                              Securities     Owner-
                                                                 Securities Acquired (A) or      Beneficially   ship
                                       2A.          3.           Disposed of (D)                 Owned          Form:     7.
                            2.         Deemed       Transaction  (Instr. 3, 4 and 5)             Following      Direct    Nature of
                            Trans-     Execution    Code         ------------------------------- Reported       (D) or    Indirect
1.                          action     Date, if     (Instr. 8)                   (A)             Transaction(s) Indirect  Beneficial
Title of Security           Date       any          ------------                 or              (Instr. 3 &    (I)       Ownership
(Instr. 3)                  (mm/dd/yy) (mm/dd/yy)    Code     V      Amount      (D)    Price     Instr.4)      (Instr.4) (Instr.4)
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<S>                         <C>        <C>           <C>      <C>    <C>         <C>    <C>      <C>            <C>       <C>

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Common Stock,
Par Value $.25 per share                                                                          30,150         D
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Common Stock,
Par Value $.25 per share                                                                             326 (1)     I         By Wife
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Common Stock,
Par Value $.25 per share                                                                           7,875 (2)     I
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(1)Reporting person disclaims beneficial ownership of these securities.
(2)This represents shares owned by the Blau, Kramer, Wactlar & Lieberman Profit-Sharing Plan, of which Mr. Kramer is one of these
   trustees.  5,926 of these shares are allocated to Mr. Kramer.
====================================================================================================================================
</TABLE>

<PAGE>

FORM 4 (continued)

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

================================================================================
<TABLE>
<CAPTION>
                                                                                                          9.
                                                                                                          Number    10.
                                                                                                          of        Owner-
                                                                                                          deriv-    ship
                                                                                                          ative     Form
             2.                                                                                           Secur-    of
             Conver-                            5.                              7.                        ities     Deriv-   11.
             sion                               Number of                       Title and Amount          Bene-     ative    Nature
             or                                 Derivative    6.                of Underlying     8.      ficially  Secur-   of
             Exer-            3A.      4.       Securities    Date              Securities        Price   Owned     ity:     In-
             cise             Deemed   Trans-   Acquired (A)  Exercisable and   (Instr. 3 and 4)  of      Follow-   Direct   direct
             Price   3.       Execut-  action   or Disposed   Expiration Date   ----------------  Deriv-  ing       (D) or   Bene-
1.           of      Trans-   ion      Code     of(D)         (Month/Day/Year)            Amount  ative   Reported  In-      ficial
Title of     Deriv-  action   Date if  (Instr.  (Instr. 3,    ----------------            or      Secur-  Trans-    direct   Owner-
Derivative   ative   Date     any      8)       4 and 5)      Date     Expira-            Number  ity     action(s) (I)      ship
Security     Secur-  (mm/dd/  (mm/dd/  ------   ------------  Exer-    tion               of      (Instr. (Instr.   (Instr.  (Instr.
(Instr. 3)   ity     yy)      yy)      Code V    (A)   (D)    cisable  Date     Title     Shares  5)      4)        4)       4)
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<S>          <C>     <C>               <C>  <C>  <C>   <C>    <C>      <C>      <C>       <C>     <C>     <C>       <C>      <C>
------------------------------------------------------------------------------------------------------------------------------------
1998 E&D Non-
Qualified
Stock
Option Plan                                                                                                 70,500    D
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1997 Non-
Qualified Stock
Option Plan
(Right to Buy)                                                                                              27,500    D
------------------------------------------------------------------------------------------------------------------------------------
1998 Non-
Qualified Stock
Option Plan                                                                                                 11,000    D
------------------------------------------------------------------------------------------------------------------------------------
2001 Stock
Option Plan
(Right to                                                                       Common
Buy)         $13.62  04/30/03          A        10,000        (1)     4/30/13   Stock     10,000            10,000    D
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====================================================================================================================================
</TABLE>
Explanation of Responses:

(1)  Fifty percent (50%) of the options are exercisable on 4/30/04; one hundred
     percent (100%) of the options are exercisable on 4/30/05.



     \s\Edward Kramer                                          04/30/03
---------------------------------------------            -----------------------
      **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.


                                                                          Page 2

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