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This paper is a microsociological study of a group of people who have undergone a threat experience. Within the combined theoretical frameworks of symbolic interactionism and phenomenology, the event is seen as a "reality shock" for its participants, involving cognitive crises in group and individual definitions of the situation. The after period is one in which procedures toward making the threat experience meaningful on both group and individual levels are instituted within group networks. These procedures on a group level involve the construction of a "real" event by the objectification of time and experience and through the emergence and attribution of post-hoc norms. Strategies toward the maintenance and continuity of identity include reconstruction of the threat situation, of other participants' behavior, of post-hoc norms, or of individual behavior, and the negotiation of identity on these various bases. [ABSTRACT FROM AUTHOR]