UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Beck, Nuala M.
5160 Montclair Drive
Mississauga, Ontario L5M5A6
Canada
2. Issuer Name and Ticker or Trading Symbol
Metamor Worldwide, Inc.
MMWW
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
June 15, 2000
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 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
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |06/15/|D |V|1000 |D |(1) |-0- |D | |
|00 | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option |$19.1667|04/15|D |V|2,250 |D |(2) |04/15|Common Stock|2,250 |(2) |-0- |D | |
(right to buy) | |/96 | | | | | |/06 | | | | | | |
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Employee Stock Option |$18.000 |05/06|D |V|1,000 |D |(3) |05/06|Common Stock|1,000 |(3) |-0- |D | |
(right to buy) | |/97 | | | | | |/07 | | | | | | |
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Employee Stock Option |$33.4950|05/19|D |V|1,000 |D |(4) |05/19|Common Stock|1,000 |(4) |-0- |D | |
(right to buy) | |/98 | | | | | |/08 | | | | | | |
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Employee Stock Option |$22.1250|05/20|D |V|1,000 |D |(5) |05/20|Common Stock|1,000 |(5) |-0- |D | |
(right to buy) | |/99 | | | | | |/09 | | | | | | |
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Employee Stock Option |$23.4999|05/18|D |V|4,000 |D |(6) |05/18|Common Stock|4,000 |(6) |-0- |D | |
(right to buy) | |/00 | | | | | |/10 | | | | | | |
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Explanation of Responses:
(1) Disposed of pursuant to merger agreement between issuer and PSINet
Incorporated in exchange for 900
shares of PSINet common stock having a market value of $30.13 per share on the
effective date of the merger.
(2) This option which provided for vesting in three equal annual installments
beginning April 15, 1997, was
assumed by PSINet in the merger and replaced with an option to purchase 2,025
shares of PSINet common stock
for $21.296000 per share. This option is fully
vested.
(3) This option which provided for vesting in three equal annual installments
beginning May 6, 1998, was
assumed by PSINet in the merger and replaced with an option to purchase 900
shares of PSINet common stock
for $20.00 per share. This option is fully
vested.
(4) This option which provided for vesting in three equal annual installments
beginning May 19, 1999, was
assumed by PSINet in the merger and replaced with an option to purchase 900
shares of PSINet common stock
for $37.327 per share. The grant vested 100% with the change of
control.
(5) This option which provided for vesting in three equal annual installments
beginning May 20, 2000 was
assumed by PSINet in the merger and replaced with an option to purchase 900
shares of PSINet common stock
for $24.583 per share. The grant vested 100% with the change of
control.
(6) This option which provided for vesting one year from grant date was
assumed by PSINet in the merger and
replaced with an option to purchase 3,600 shares of PSINet common stock for
$26.111 per share. The grant
vested 100% with the change of
control.
SIGNATURE OF REPORTING PERSON
Nuala M. Beck
DATE
July 10, 2000
