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OMB APPROVAL
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OMB Number 3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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 of Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Newman Steven A.
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(Last) (First) (Middle)
12701 Fair Lakes Circle, Suite 550
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(Street)
Fairfax, Virginia 22033
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Xybernaut Corporation (XYBR)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
June 2000
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [ ] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
Executive Vice President and Chairmanof the Board
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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>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, $.01 par value
per share 6/5/00 M 16,667 A $3.0000 16,667 D
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Common Stock, $.01 par value
per share 6/5/00 M 11,722 A $2.6125 11,722 D
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Common Stock, $.01 par value
per share 6/5/00 M 10,000 A $2.8125 10,000 D
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Common Stock, $.01 par value
per share 6/5/00 M 11,611 A $1.3750 11,611 D
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Common Stock, $.01 par value
per share 6/5/00 S 16,667 D $10.0833 0 D
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Common Stock, $.01 par value
per share 6/5/00 S 11,722 D $10.0833 0 D
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Common Stock, $.01 par value
per share 6/5/00 S 10,000 D $10.0833 0 D
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Common Stock, $.01 par value
per share 6/5/00 S 6,411 D $10.0833 0 D
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Common Stock, $.01 par value
per share 6/6/00 S 5,200 D $10.3113 0 D
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</TABLE>
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).
(Over)
<PAGE>
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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<TABLE>
<CAPTION>
10.
9. Owner-
Number ship
of Form
2. Deriv- 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- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (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> <C>
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Options to Purchase $3.0000 6/7/00 16,667 4/10/06 Common Stock 16,667 33,333 D
Common Stock, $.01
par value per share
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Options to Purchase $2.6125 6/7/00 11,722 1/2/07 Common Stock 11,722 38,278 D
Common Stock, $.01
par value per share
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Options to Purchase $2.8125 6/7/00 10,000 8/28/07 Common Stock 10,000 0 D
Common Stock, $.01
par value per share
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Options to Purchase $1.3750 6/7/00 11,611 10/1/09 Common Stock 11,611 288,389 D
Common Stock, $.01
par value per share
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</TABLE>
Explanation of Responses:
/s/ Steven A. Newman 7/7/00
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**Signature of Reporting Person 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 provided is insufficient, see Instruction 6 for procedure.
Page 2
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