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- --------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ---------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
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[ ] Check this box if no longer STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
subject to Section 16. Form 4 or Expires: December 31, 2001
Form 5 obligations my continue. Estimated average burden
See Instruction 1(b). Filed pursuant to section 16(a) of the Securities Exchange hours per response.....0.5
Act of 1934, Section 17(a) of the Public Utility ---------------------------
(Print of Type Responses) Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
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1. Name and Address of Reporting 2. Issuer Name and Ticker or Trading 6. Relationship of Reporting Person(s) to
Person* Symbol issuer
(Check all applicable)
Prischak Joseph J. EchoCath, Inc. ECHAC _____ Director __X___ 10% Owner
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(Last) (First) (Middle) 3. I.R.S. Identification 4. Statement for title below) below)
Number of Reporting Month/Year
Person, if an entity -------------------------
2425 W. 23rd. Street (Voluntary) September 1999
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(Street) 5. If Amendment, 7. Individual or Joint/Group Filing
Date of Original (Check Applicable Line)
(Month/Year) _X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting
Erie Pennsylvania 16506 Person
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(City) (State) (Zip) TABLE 1- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amounts of 6. Owner- 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities ship Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial
(Instr. 8) Owned at Direct Owner-
(Month/ End of Month (D) or ship
Day/ --------------------------------------- Indirect
Year) (A) or (Instr. 3 (I)
Code V Amount (D) Price and 4) (Instr. 4) (Instr. 4)
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Class A Common Stock 9/27/99 P 451,560 A $1.25/share 451,560 D
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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).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF (Over)
INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND SEC 1474(3-99)
UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
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FORM 4 (Continued) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1.Title of 2.Conver- 3.Trans- 4.Trans- 5.Number 6.Date 7.Title and 8.Price 9.Number 10.Owner- 11.Nature
Derivative sion or action action of Deriv- Exer- Amount of of of ship of
Security Exercise Date Code ative cisable Underlying Deriv- deriv- Form of Indir-
(Instr.3) Price of (Instr. Securities and Securities ative ative Deriv- ect
Deri- (Month/ 8) Acquired Expir- (Instr. 3 Secur- Secur- ative Benefi-
vative Day/ (A) or ation and 4) ity ities Secur- cial
Security Year) Disposed Date (Instr. Bene- ity: Owner-
of (D) (Month/ 5) ficially Direct ship
(Instr. 3, Day/ Owned (D) or (Instr.
4, and 5) Year) at End Indirect 4)
of (I)
------------------------------- Month (Instr.
(Instr. 4)
Date Expir- Amount or 4)
---------------------- Exer- ation Title Number of
cisable Date Shares
Code V (A) (D)
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Explanation of Responses:
/s/ Joseph J. Prischak September 28, 1999
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. ---------------------- ------------------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Date
Reporting Person
Joseph J. Prischak
Note: File three copies of this Form, one of which must be manually signed. If space is
insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this
form are not required to respond unless the form displays a currently valid OMB Number.
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