4 1 edgar.htm 4 Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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(h) of the Investment Company Act of 1940

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Filed By Romeo & Dye's Instant Form 4 Filer
www.section16.net



1. Name and Address of Reporting Person*

Kubat, George J.

2. Issuer Name and Ticker or Trading Symbol
SITEL Corporation SWW

6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
X Director                                       10% Owner
    Officer (give title below)          Other (specify below)

                                                  

(Last)      (First)     (Middle)

4044 South 76th Circle
 

3. I.R.S. Identification Number
of Reporting Person,
if an entity (voluntary)

 

4. Statement for
Month/Day/Year
November 3, 2002

(Street)

Omaha, NE 68127

5. 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

(City)     (State)     (Zip)

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)

2. Trans-
action
Date
(Month/ Day/
Year)

2A. Deemed
Execution
Date,
if any
(Month/Day/
Year)

3. Trans-
action Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 & 5)

5. Amount of
Securities
Beneficially
Owned Follow-
ing Reported Transactions(s)
(Instr. 3 & 4)

6. Owner-
ship Form:
Direct (D)
or Indirect (I)
(Instr. 4)

7. Nature of Indirect
Beneficial Ownership
(Instr. 4)

Code

V

Amount

(A)
or
(D)

Price

Common Stock

 

 

 

 

 

 

 

18,000

I

 (1)

Common Stock

 

 

 

 

 

 

 

20,000

I

 (2)

Common Stock

 

 

 

 

 

 

 

3,000

I

 (3)

Common Stock

11/03/2002

 

A

 

5,014

A

$1.745

73,553

D

 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number

FORM 4 (continued)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security

(Instr. 3)

2. Conver-
sion or
Exercise
Price of Derivative Security

3. Trans-
action Date

(Month/
Day/
Year)

3A. Deemed
Execution
Date,
if any
(Month/
Day/
Year)

4. Trans-
action
Code

(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

(Instr. 3, 4 & 5)

6. Date Exercisable
and Expiration
Date
(Month/Day/
Year)

7. Title and Amount of Underlying Securities
(Instr. 3 & 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported Transaction(s)
(Instr. 4)

10. Owner-
ship Form
of Deriv-
ative
Security:
Direct (D)
or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

V

(A)

(D)

Date Exer-cisable

Expira-
tion
Date

Title

Amount or Number of
Shares

Options to Buy

 

 

 

 

 

 

 

 (4)

(4)

Common Stock

4,000

4.390625

4,000

D

 

Options to Buy

 

 

 

 

 

 

 

 (5)

(5)

Common Stock

4,000

19.50

4,000

D

 

Options to Buy

 

 

 

 

 

 

 

 (6)

(6)

Common Stock

18,000

16.8125

18,000

D

 

Options to Buy

 

 

 

 

 

 

 

 (7)

(7)

Common Stock

67,000

4.78125

67,000

D

 

Options to Buy

 

 

 

 

 

 

 

 (8)

(8)

Common Stock

18,000

7.21875

18,000

D

 

Options to Buy

 

 

 

 

 

 

 

 (9)

(9)

Common Stock

10,000

2.51

10,000

D

 

Options to Buy

 

 

 

 

 

 

 

 (10)

(10)

Common Stock

10,000

2.77

10,000

D

 

Explanation of Responses:

(1) Held in IRA Account.
(2) Held by 4K Co., a partnership for members of the reporting person's immediate family. The reporting person shares investment control but disclaims beneficial ownership.
(3) Held by spouse. The reporting person disclaims beneficial ownership.
(4) The option is exercisable as to all shares beginning on July 3, 1996 and expires on July 3, 2005 and is subject to terms and provisions in the SITEL Corporation 1995 Non-Employee Directors Stock Option Plan effective as of June 7, 1995, as amended (the "1995 Directors Plan").
(5) The option is exercisable as to all such shares beginning on July 3, 1997 and expiring July 3, 2006 and is subject to the terms and provisions of the 1995 Directors Plan.
(6) The option is exercisable as to 6,000 of such shares beginning on each of the dates of the stockholders annual meetings in 1998, 1999 and 2000 and expires June 6, 2007 and is subject to the terms and provisions of the 1995 Directors Plan.
(7) The option is exercisable as to 13,400 shares on each of January 18, 2000, 2001, 2002, and 2003 and 2004 and expires on January 18, 2009 and is subject to the terms and provisions of the 1995 Directors Plan.
(8) The option is exercisable as to 6,000 of such shares beginning on each of the dates of the stockholders annual meetings in 2001, 2002, and 2003 and expires May 5, 2010 and is subject to the terms and provisions in the option agreement and the SITEL Corporation 1999 Stock Incentive Plan, as amended (the "1999 Plan").
(9) The option is fully exercisable beginning on May 4, 2002 and expires May 4, 2011 and is subject to the terms and provisions in the option agreement and the 1999 Plan.
(10) The option is fully exercisable beginning on May 3, 2003 and expires May 3, 2012 and is subject to the terms and provisions in the option agreement and the 1999 Plan.

  By: /s/ /s/ George J. Kubat
             George J. Kubat
**Signature of Reporting Person
November 3, 2002
Date

**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 is insufficient, See Instruction 6 for procedure.

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