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SEC 1473 Potential persons who are to respond to the collection of
information contained in this form are not required to (7-97) respond
unless the form displays a currently valid OMB control number.
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FORM 3 OMB APPROVAL
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OMB Number: 3235-0104
Expires: October 31, 2001
Estimated average burden
hours per response 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person
Weiss, Murray
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(Last) (First) (Middle)
Worldwide Entertainment & Sports, 1330 Avenue of the Americas
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(Street)
New York, NY 10019
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
6/15/00
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker of Trading Symbol
Worldwide Entertainment & Sports (Nasdaq:WWES)
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director
[ ] 10% Owner
[X] Officer (give title below)
[ ] Other (specify below)
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Executive Vice President Member of the 13D Group
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing
(Check all applicable)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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FORM 3 (continued)
<TABLE>
<CAPTION>
TABLE I--Non-Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Form: Direct (Instr. 5)
(Instr. 4) (D) or Indirect
(I) (Instr. 5)
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<S> <C> <C> <C>
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No Securities Owned
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</TABLE>
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FORM 3 (continued)
<TABLE>
<CAPTION>
TABLE II--Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of
Security (Instr. 4) cisable and Underlying Derivative Security sion or ship Indirect
Expiration (Instr. 4) Exercise Form of Beneficial
Date ----------------------------------- Price of Deriv- Ownership
(Month/Day/Year) Deriv- ative (Instr. 5)
--------------------- Amount ative Security:
or Security Direct
Date Expira- Title Number (D) or
Exer- tion of Indirect
cisable Date Shares (I)
(Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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Options (1) 6/15/2010 Common Stock 600,000 $1.00 D
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(1) On June 15, 2000, the reporting person was granted an option to purchase
300,000 shares of common stock, vesting in installments of 25,000 shares on
September 15, December 15, March 15, June 15 of each year during the three-year
term of his employment contract. The reporting person was simultaneously granted
an additional option to purchase 300,000 shares of common stock, with the right
to acquire 100,000 shares each vesting when the closing bid price of the
Issuer's common stock reaches $3.00, $6.00 and $9.00 per share, respectively,
for at least ten consecutive trading days.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Explanation of Responses:
/s/ Murray Weiss 9/29/00
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** Signature of Reporting Person Date
* If the form is filed by more than one person, see Instruction 5(b)(v).
** 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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