U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check 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
O'Brien, Wesley T.
200 East Broward Boulevard
Fort Lauderdale, Florida 33301
2. Issuer Name and Ticker or Trading Symbol
TresCom International, Inc.
TRES
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
August 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
President and Chief Executive Officer
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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 Year |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |8/1/96|X |-|8,354 |A |$0.42 |8,554 |D | |
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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 | | | |Year |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Time based options (ri|$0.42 |- |X |-|- 8,354 |A,D|(1) |10/1/|Common Stock|43,422 |- |35,068 |D | |
ght to buy) | | | | | | | |05 | | | | | | |
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Time based options (ri|$12.00 |- |- |-|- - |A,D|(2) |2/7/0|Common Stock|90,119 |- |90,119 |D | |
ght to buy) | | | | | | | |6 | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) These options vested and became fully exercisable as to 50% of such
shares on January 1, 1996 and will vest and become fully exercisable
with respect to the remaining 50% as follows: 20% on October 1, 1996 and an
additional 20% on each anniversary thereafter until all such options
are fully vested and
exercisable.
(2) These options vest and become fully exercisable as to 20% of such shares
on February 7, 1997 and as to an additional 20% on each
anniversary thereafter until all such options are fully vested and
exercisable.
SIGNATURE OF REPORTING PERSON
John T. Capetta, Attorney-in-Fact for Wesley T. O'Brien
