3 1 form3_worldquest.txt U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 3 INITIAL STATEMENT OF 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(f) of the Investment Company Act of 1940 -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Lynch Peter S. -------------------------------------------------------------------------------- (Last) (First) (Middle) 82 Devonshire Street, S8A -------------------------------------------------------------------------------- (Street) Boston MA 02109 -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Date of Event Requiring Statement (Month/Day/Year) October 10, 2002 -------------------------------------------------------------------------------- 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) -------------------------------------------------------------------------------- 4. Issuer Name and Ticker or Trading Symbol WorldQuest Networks, Inc. ("WQNI") -------------------------------------------------------------------------------- 5. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) -------------------------------------------------------------------------------- 6. If Amendment, Date of Original (Month/Day/Year) -------------------------------------------------------------------------------- 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 Beneficially Owned =============================================================================================================== 2. Amount of 4. Nature of Securities 3. Ownership Form: Indirect 1. Title of Beneficially Direct (D) or Beneficial Security Owned Indirect (I) Ownership (Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4) -------------------------------------------------------------------------------------------------------------- Common Stock 210,000 D -------------------------------------------------------------------------------------------------------------- Common Stock 10,000 I By wife -------------------------------------------------------------------------------------------------------------- Common Stock 30,000 I In trust for daughter -------------------------------------------------------------------------------------------------------------- Common Stock 30,000 I In trust for daughter -------------------------------------------------------------------------------------------------------------- Common Stock 27,700 I In trust for daughter -------------------------------------------------------------------------------------------------------------- Common Stock 15,000 I In charitable lead trust -------------------------------------------------------------------------------------------------------------- Common Stock 17,000 I In charitable lead trust -------------------------------------------------------------------------------------------------------------- Common Stock 100,000 I In charitable remainder trust ==============================================================================================================
Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================================================= 3. Title and Amount of Securities 5. Owner- Underlying ship 2. Date Exercisable Derivative Security Form of and Expiration (Instr. 4) Derivative Date ---------------------- 4. Conver- Security: (Month/Day/Year) Amount sion or Direct 6. Nature of 1. Title of ------------------- or Exercise (D) or Indirect Derivative Date Expira- Number Price of Indirect Beneficial Security Exer- tion of Derivative (I) Ownership (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5) ----------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Explanation of Responses: /s/ Peter S. Lynch October 15, 2002 **Signature of Reporting Person Date * If the Form is filed by more than one Reporting Person, see Instruction 5(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 provided is insufficient, see Instruction 6 for procedure.