X0201 4 2004-01-01 0 0000875296 URECOATS INDUSTRIES INC urec 0001226391 REICHENBAUM MARK A C/O URECOATS INDUSTRIES INC. 718 SOUTH MILITARY TRAIL DEERFIELD BEACH FL 33442 1 0 0 0 Common Stock, PV $.01 2004-01-01 4 M 0 830000 0 A 854000 I By Corporation Preferred Stock, Series C, PV $1.00 2004-01-01 4 M 0 100000 20 D 2003-12-31 2003-12-31 Common Stock, PV $.01 830000 0 I By Corporation Restricted Option (Right to Buy) 3.15 2002-07-01 2004-06-11 Common Stock, PV $.01 10000 10000 D On February 8, 2002, a corporation in which I own a material interest, purchased 100,000 of of the registrant's Series C Convertible Preferred Shares in connection with a private placement offering pursuant to a subscription agreement, for an aggregate of $2,000,000 in cash, which Series C Convertible Preferred Shares were convertible into restricted shares of common stock according to a conversion ratio price (for determing the ratio for converting the Series C Convertible Preferred Stock into restricted shares of common stock), which was $2.40, as adjusted for the reverse split and share consolidation in 2002, as set forth in the Certificate of Designation of Series C Convertible Preferred Stock. The Certificate of Designation of Series C Convertible Preferred Stock included a Mandatory Conversion Date of January 1, 2004, for all Holders of Series C Convertible Preferred Stock. The 100,000 shares of Series C Convertible Preferred Stock converted into, as adjusted for the reverse split and shares condolidation in 2002, 830,000 shares of restricted common stock. For Mark A. Reichenbaum by Michael T. Adams, AS/POA 2004-01-06