4 1 sinclair.txt FORM 4 SINCLAIR FORM 4 [ ] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may con- tinue. See Instruction 1(b). U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Sec. 16(a) of the Securities Exchange Act of 1934, Sec. 17(a) of the Public Utility Holding Company Act of 1935 or Sec. 30(f) of the Investment Company Act of 1940.
------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting person* 2. Issuer Name and Ticker or Trading 6.Relationship of Reporting Person to Issuer Symbol (Check all applicable) Sinclair Duncan Bruce WAVERIDER COMMUNICATIONS INC. WAVC X Director 10% Owner ---------------------------------------------------------------- --------------- ------ ----- (Last) (First) (Middle) 3. IRS or Social Security Number of Reporting Person (Voluntary) X Officer (give title below) Other ------ ----- 32 Steeplechase Ave. President and Chief Executive Officer ------------------------------------------------------------------------------------------------------------------------------------ 7. Individual or Joint/Group Filing (Street) 4. Statement for Month/Year December 2001 __X__ Form filed by One Reporting Person -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) _____ Form filed by More than One Reporting Person ----------------------------------------------------------------------------------------------------------------------------------- Aurora Ontario Canada L4G 6W5 ------------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A)5.Amount of 6. Ownership 7.Nature of (Instr. 3) Date Code (Instr.8) or Disposed of (D) ; Securities Form: Direct (D) Indirect Month/Day/Year) (Instr. 3, 4,and 5) Beneficially or Indirect (I) Beneficial Owned at end of Instr. 4) Ownership Issuer's Fiscal (Instr. 4) Month (Instr. 3 and 4) --------------------- ---------------- ---------------- ------------------------------ ---------- ----------- ----------- Amount (A) or (D) Price --------------------- ---------------- ---------------- -------- ----------- ---------- ---------- ----------- ----------- --------------------- ---------------- ---------------- -------- ----------- ---------- ---------- ----------- ----------- Common Stock 12/14/01 P 290,611 A $0.32 2,290,611 D Note 1 --------------------- ---------------- ---------------- -------- ----------- --------- ---------- ----------- ----------- --------------------- ---------------- ---------------- -------- ----------- --------- ---------- ----------- ----------- --------------------- ---------------- ---------------- -------- ----------- ---------- ---------- ----------- ----------- --------------------- ---------------- ---------------- -------- ----------- ---------- ---------- ----------- ----------- --------------------- ---------------- ---------------- -------- ----------- ---------- ---------- ----------- ----------- --------------------- ---------------- ---------------- -------- ----------- ---------- ---------- ----------- ----------- --------------------- ---------------- ---------------- -------- ----------- ---------- ---------- ----------- ----------- --------------------- ---------------- ---------------- -------- ----------- ---------- ---------- ----------- ----------- --------------------- --------------- ----------------- -------- ----------- ---------- ---------- ----------- ----------- Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly (Print or Type Responses) Page 1 of 2 pages (Over)
FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (eg., puts, calls, warrants, options, convertible securities) ------------ ---------- ------------ ----------- ------------ ---------------------- --------------------- 1. Title of 2.Conver- 3. Transac- 4. Transac- 5. Number of 6. Date Exercisable 7. Title and Amount Derivative sion or tion Date tion Code Derivative and Expiration of Underlying Securitiy Exer- (Month/Day/ (Instr. 8) Securities Date (Month/Day/ Securities (Instr. 3) cise Price Year) Acquired (A) Year) (Instr. 3 and 4) of Deriva- or Disposed tive of (D) Security (Instr. 3, 4, and 5) ------------ ---------- ------------ ----------- ------------ ---------- ---------- ---------- --------- Date Expira- Title Amount or Exer- tion Date Number of cisable Shares ------------ ---------- ------------ ----------- --- -------- -------- ---------- ---------- --------- (A) (D) ------------ ---------- ------------ ----------- --- -------- -------- ---------- ---------- --------- Waverider Warrants $0.50 12/14/01 P 290/611 12/14/01 12/13/04 Common 290/611 ------------ ---------- ------------ ----------- --- -------- -------- ---------- ---------- --------- ------------ ---------- ------------ ----------- --- -------- -------- ---------- ---------- --------- ------------ ---------- ------------ ----------- --- -------- -------- ---------- ---------- --------- ------------ ---------- ------------ ----------- --- -------- -------- ---------- ---------- ---------
Table II (continued) ------------ ---------- ---------- ------------ ------------ 1. Title of 8. Price 9. Number 10. Owner- 11. Nature Derivative of of Deriva- ship of De- of Securitiy Derivative tive rivative Indirect (Instr. 3) Security Securi- Security; Beneficial and ties Direct (D) Ownership (Instr.5) Benefi- or (Instr. 4) cially Indirect Owned at (I) end of (Instr. 4) Month (Instr. 4) ------------ ---------- ----------- ----------- ------------ WaveRider Warrants $0.08/ Note 1 290,611 D ------------ ---------- ----------- ----------- ------------ ------------ ---------- ----------- ----------- ------------ ------------ ---------- ----------- ----------- ------------ ------------ ---------- ----------- ----------- ------------ Explanation of Responses: The reported securities are included within 290,611 WaveRider units purchased by the reporting person for $0.40 per unit. Each unit consists of a common share and a warrant to purchase a share of common stock of the company, at a purchase price of $.50 per share, such warrants to expire on December 13, 2004. ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a) /s/ B. Sinclair January 7, 2002 ----------------------- --------------- ** Signature of Reporting Person Date Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2 of 2 pages.