UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
[_] CHECK BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4 OR FORM 5 OBLIGATIONS
MAY CONTINUE. SEE INSTRUCTION 1(B).
FORM 3 HOLDINGS REPORTED
FORM 4 TRANSACTIONS REPORTED
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OMB APPROVAL
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OMB Number 3235-0362
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Estimated average burden
hours per response.......... 0.5
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(Print or Type Responses)
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1. Name and Address of Reporting Person*
SHAPIRO STEPHEN I.
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(Last) (First) (Middle)
IBM/The Wilkerson Group
590 Madison Avenue
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(Street)
New York NY 10022
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Novoste Corporation (NOVT)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
DECEMBER 1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[ ] Officer (give title below) [_] Other (specify below)
Chief Financial Officer
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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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<TABLE>
<CAPTION>
5. 6.
3. 4. Amount of Owner-
Transaction Securities Acquired (A) or Securities ship
Code Disposed of (D) Beneficially Form: 7.
(Instr. 8) (Instr. 3, 4 and 5) Owned at End Direct Nature of
2. ---------- ----------------------------- of Issuer's (D) or Indirect
1. Transaction (A) Fiscal Year Indirect Beneficial
Title of Security Date Code V Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Common Stock 12/22/98 J(1) 37 D N/A 10,313 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Over)
NY:54634.1
<PAGE>
FORM 5 (CONTINUED)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
9. 10.
Number Owner-
of ship
2. Deriv- Form of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- Securities Date Securities Price Bene- ity: In-
cise 3. Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- 4. or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Trans- of (D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date action (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ Code 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ (Instr. ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) 8) (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Stock Option $13.75 11/12/99 A V 5,000 3/31/01 11/12/04 Common 5,000 5,000 D
(Right to Buy) (2) Stock
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</TABLE>
Explanation of Responses:
(1) Distribution by Advanced Technology Ventures IV, L.P. to its Limited
Partners.
(2) Options vest in full on the earlier of (i) the date of the 2001 Annual
Meeting of Shareholders or (ii) 3/31/01
/s/ Stephen I. Shapiro February 14, 2000
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STEPHEN I. SHAPIRO Date
** 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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NY:54634.1 SEC 2270 (9-96)
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