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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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*
PFLUG BRIAN D

(Last) (First) (Middle)
C/O ACCESS INTEGRATED TECHNOLOGIES, INC.
55 MADISON AVENUE

(Street)
MORRISTOWN NJ 07960

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ACCESS INTEGRATED TECHNOLOGIES INC [ AIXD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP Accounting & Finance
3. Date of Earliest Transaction (Month/Day/Year)
11/13/2007
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)
Code V Amount (A) or (D) Price
Class A Common Stock 11/13/2007 P 2,000 A $3.42 25,500(1) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to buy) $8.06 (2) 06/01/2010 Class A Common Stock 186 186 D
Stock Option (Right to buy) $7.5 (2) 06/01/2010 Class A Common Stock 5,000 5,000 D
Stock Option (Right to buy) $12.5 (3) 12/12/2010 Class A Common Stock 10,000 10,000 D
Stock Option (Right to buy) $5 (4) 02/28/2012 Class A Common Stock 10,000 10,000 D
Stock Option (Right to buy) $2.5 (5) 12/18/2012 Class A Common Stock 10,000 10,000 D
Stock Option (Right to buy) $5 (6) 11/04/2013 Class A Common Stock 50,000 50,000 D
Stock Option (Right to buy) $3.6 12/01/2005 01/13/2015 Class A Common Stock 40,000 40,000 D
Stock Option (Right to buy) $10.25 09/14/2006 03/08/2016 Class A Common Stock 10,000 10,000 D
Stock Option (Right to buy) $5.16 10/18/2007 A 10,000 (7) 10/18/2017 Class A Common Stock 10,000 $0 10,000 D
Explanation of Responses:
1. Includes 4,000 restricted Class A Common shares granted on September 20, 2007, pursuant to the Issuer's Second Amended and Restated 2000 Equity Incentive Plan. Such restricted shares vest 33.33% on each anniversary of the date of grant.
2. Of such options, one-third vested on June 1 of each of 2001, 2002 and 2003.
3. Of such options, one-third vested on December 12 of each of 2001, 2002 and 2003.
4. Of such options, one-third vested on February 28 of each of 2003, 2004 and 2005.
5. Of such options, one-third vested on December 18 of each of 2003, 2004 and 2005.
6. Of such options, one-third vested on November 4 of each of 2004 and 2005 and the remaining vested on September 14, 2006.
7. Such options issued on October 18, 2007, vest 33.33% on each anniversary of the date of issuance.
Remarks:
/s/ Brian Pflug 11/13/2007
** 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.