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
McGlashan, Rudolph A.
200 East Broward Boulevard
Ft. Lauderdale, FL 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)
Chief Operating 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 |-|30,330 |A |$0.42 |179,702 |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 |-|- 30,330 |A,D|(1) |8/11/|Common Stock|75,827 |- |45,497 |D | |
ght to buy) | | | | | | | |05 | | | | | | |
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Time based options (ri|$12.00 |- |- |-|- - |A,D|(2) |2/7/0|Common Stock|40,000 |- |40,000 |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 20% of such
shares on each of February 22,
1995 and February 22, 1996 and will vest and become fully exercisable as to an
additional 20% on each
February 22 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 Rudolph McGlashan
