-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MQLCD4i3Z65NbfMAv+XZ+rob/l+tiK6T006tSnO8JeFT61EyfqNXLISqm2IUZWbE p5DMjVZ1dM4k3PjrYLLBPg== 0001042764-99-000002.txt : 19990712 0001042764-99-000002.hdr.sgml : 19990712 ACCESSION NUMBER: 0001042764-99-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990709 FILED AS OF DATE: 19990709 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN CHAMPION ENTERTAINMENT INC CENTRAL INDEX KEY: 0001034840 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812] IRS NUMBER: 943261987 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-22833 FILM NUMBER: 99662195 BUSINESS ADDRESS: STREET 1: 26203 PRODUCTION AVENUE STREET 2: SUITE 5 CITY: HAYWARD STATE: CA ZIP: 94545 BUSINESS PHONE: 5107858750 MAIL ADDRESS: STREET 1: 26203 PRODUCTION AVENUE STREET 2: SUITE 5 CITY: HAYWARD STATE: CA ZIP: 94545 COMPANY DATA: COMPANY CONFORMED NAME: BERRYESSA DON CENTRAL INDEX KEY: 0001042764 STANDARD INDUSTRIAL CLASSIFICATION: [] OTHER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 26203 PRODUCTION AVE STE 5 CITY: HAYWARD STATE: CA ZIP: 94545 BUSINESS PHONE: 5107828168 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE ST 48TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 4 1 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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(f) 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 or Type Responses) =============================================================================== 1. Name and Address of Reporting Person* Berryessa Donald Oliver - ---------------------- ----------------------- -------------------------------- (Last) (First) (Middle) 6008 Ashley Court - ------------------------------------------------------------------------------- (Street) Pleasanton CA 94588 - ------------------------------------------------------------------------------- (City) (State) (Zip) =============================================================================== 2. Issuer Name and Ticker or Trading Symbol AMERICAN CHAMPION ENTERTAINMENT, INC. (Nasdaq SmallCap Market - "ACEI") =============================================================================== 3. IRS or Social Security Number of Reporting Person (Voluntary) =============================================================================== 4. Statement for Month/Year June 1999 =============================================================================== 5. If Amendment, Date of Original (Month/Year) =============================================================================== 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [ ] Officer (give title below) [ X ] Other (specify below) Former Director and Officer resigned June 30, 1999 =============================================================================== 7. 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 ===============================================================================
4. Securities Acquired (A) 5. Amount of 6. Owner- or Disposed of (D) Securities ship Form: 3. Transac- (Instr. 3, 4 and 5) Beneficially Direct 7. Nature 2. Transac- tion Code -------------------------- Owned at End (D) or of Indirect tion Date (Instr. 8) (A) of Month Indirect Beneficial 1. Title of Security (Month/Day ------------- or (Instr. 3 (I) Ownership (Instr. 3) Year) Code V Amount (D) Price and 4) (Instr. 4)(Instr. 4) - ----------------------- ----------- ------- ----- ---------- ---- ---------- ------------ --------- ---------- Common Stock (1) 06/21/99 M V 40,000 A $1.250 D - ----------------------- ----------- ------- ----- ---------- ---- ---------- ------------ --------- ---------- Common Stock (1) 06/21/99 M V 100,000 A $1.031 D - ----------------------- ----------- ------- ----- ---------- ---- ---------- ------------ --------- ---------- Common Stock (1) 06/21/99 M V 10,000 A $0.094 D - ----------------------- ----------- ------- ----- ---------- ---- ---------- ------------ --------- ---------- Common Stock (2) 290,500 D - ----------------------- ----------- ------- ----- ---------- ---- ---------- ------------ --------- ---------- Common Stock (3) 28,100 I Spouse - ----------------------- ----------- ------- ----- ---------- ---- ---------- ------------ --------- ---------- =============================================================================== * If the form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly =============================================================================== Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ===============================================================================
2. Conver- 5. 7. sion Number of Title and Amount or Derivative 6. of Underlying 8. Exer- Securities Date Securities Price cise 3. Acquired (A) Exercisable and (Instr. 3 and 4) of Price Trans- 4. or Disposed Expiration Date -------------------- Deriv- 1. of action Transac- of (D) (Month/Day/Year) Amount ative Title of Deriv- Date tion Code (Instr. 3, ------------------- or Secur- Derivative ative (Month/ (Instr. 8) 4 and 5) Date Expira- Number ity Security Secur- Day/ ----------- --------------- Exer- tion of (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) - ---------------------- -------- -------- ------ ---- ----- --------- --------- --------- ----------- -------- --------- Employee Stock Option (4) $1.250 06/21/99 M V 40,000 01/01/99 07/30/99 Common Stock 40,000 - ---------------------- -------- -------- ------ ---- ----- --------- --------- --------- ----------- -------- --------- Employee Stock Option (4) $1.031 06/21/99 M V 100,000 05/19/99 07/30/99 Common Stock 100,000 - ---------------------- -------- -------- ------ ---- ----- --------- --------- --------- ----------- -------- --------- Employee Stock Option (4) $0.094 06/21/99 M V 10,000 06/07/99 07/30/99 Common Stock 10,000 9. 10. Number Owner- of ship Deriv- Form of ative Deriv- 11. Secur- ative Nature ities Secur- of Bene- ity: In- ficially Direct direct Owned (D) or Bene- at End In- ficial of direct Owner- Month (I) ship (Instr. (Instr. (Instr. 4) 4) 4) - -------- -------- -------- 40,000 0 - -------- -------- -------- 100,000 0 - -------- -------- -------- 10,000 0 - ----------------------------------------------------------------------
=============================================================================== (1) Common Stock per exercise of employee stock options. (2) Includes 140,500 shares already owned. (3) The 28,100 shares are owned by spouse, total shares beneficially owned equaling 318,600 (4) Exercise of employee stock options had to be made within 30 days of resignation of company as per the the Stock Option Agreement. /s/ Don Berryessa July 9, 1999 - ------------------------------------------ ----------------------- **Signature of Reporting Person Date ** Intentional misstatements 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 provided is insufficient, see Instruction 6 for procedure. -----END PRIVACY-ENHANCED MESSAGE-----