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Proc-Type: 2001,MIC-CLEAR
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U.S. 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, [_] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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*
MDS Nordion, a division of MDS (Canada) Inc.
- --------------------------------------------------------------------------------
(Last/ First/ Middle)
447 March Road
- --------------------------------------------------------------------------------
(Street)
Ottawa, ON Canada K2K 1X8
- --------------------------------------------------------------------------------
(City/ State/ Zip)
________________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Food Technology Service, Inc. ("VIFL")
________________________________________________________________________________________
3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
________________________________________________________________________________________
4. Statement for Month/Day/Year
November 4, 2002
_________________________________________________________________________________________
5. If Amendment, Date of Original (Month/Year)
_________________________________________________________________________________________
6. Relationship of Reporting Person to Issuer - (Check all applicable)
[ ] |
Director |
[ X ] |
10% Owner |
[ ] |
Officer (give title below) |
[ ] |
Other (specify below) |
____________________________________________________________________________________________________________
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
================================================================================
1. Title of Security |
2. Transaction Date (mm/dd/yy) |
2a. Deemed Execution Date, if any. (mm/dd/yy) |
3. Transaction Code |
4. Securities Acquired (A) or Disposed of (D) |
5. Amount of Securities Beneficially Owned Following Reported Transactions(s) |
6. Ownership Form: |
7. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code |
V |
Amount |
(A) or (D) |
Price |
|||||||
Common Stock |
11/04/02 |
S |
2,000 |
D |
1.27 |
D |
|||||
Common Stock |
11/04/02 |
S |
5,000 |
D |
1.28 |
D |
|||||
Common Stock |
11/04/02 |
S |
2,100 |
D |
1.30 |
D |
|||||
Common Stock |
11/04/02 |
S |
600 |
D |
1.31 |
D |
|||||
TOTALS |
9,700 |
*** 4,830,049 |
|||||||||
===============================================================================================
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
===============================================================================================
1. Title of Derivative Security |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date |
3a. Deemed Execution Date, if any |
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 (mm/dd/yy) |
7. Title and Amount of Underlying Securities (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 of Derivative Securities Beneficially Owned at End of Month |
11. Nature of Indirect beneficial ownership |
||||||||
code |
V |
(A) |
(D) |
Date |
Expiration |
Title |
Amount or Number of Shares |
||||||||||||
Explanation of Responses:
*** Includes 1,074,993 shares underlying convertible debt determined at the close of trading on the transaction date. Debt is not convertible at a fixed price.
/s/ David L. Nichols |
November 5, 2002 |
David L. Nicholds, Vice President, General Counsel & Corporate Secretary |
** 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.