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U.S. SECURITIES AND EXCHANGE
FORM 3 Washington, D.C. 20549 OMB APPROVAL
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
OMB Number:
Expires:
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) Estimated average burden
of the Public Utility Holding Company Act of 1935 or Section 20(f) of the Investment hours per response...0.5
Company Act of 1949
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1. Name and Address of Reporting Person 2. Date of Event 4. Issuer Name and Ticker or Trading Symbol
Requiring
de Castro Edson D. Statement AVAX Technologies, Inc.
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(Last) (First) (Middle) AVXT
21 Gulf Street 7/7/97
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(Street) 3. IRS or Social 5. Relationship of Reporting Person 6. If Amendment,
Security Number of to Issuer (Check all applicable) Date of Original
Reporting Person (Month/Day/Year)
(Voluntary) X Director ____ 10% Owner
Boylston, MA 02115 ---- Officer ____ Other (specify ----------------
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(City) (State) (Zip Code) below)
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Table I - Non- Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial
(Instr. 4) Beneficially Owned Direct (D) or Indirect (I) Ownership (Instr. 5)
(Instr. 4) (Instr. 5)
N/A
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
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Table II - Derivative Securities Beneficially
Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative 2. Date 3. Title and Amount 4. Conversion 5. Ownership 6. Nature of
Security Exercisable of Securities or Exercise form of Indirect
(Instr. 4) and Expiration Underlying Price of Derivative Beneficial
Date Derivative Security Derivative Security: Direct Ownership
(Month/Day/ (Instr. 4) Security (D) or Indirect (Instr. 5)
Year) (I) (Instr. 5)
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Date Expiration Title Amount of
Exercisable Date Number of
Shares
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Incentive Stock Option 11/1/94 (1) 11/1/03 Common 30,000 $ 1.20 per D
Stock share
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Explanation of Responses:
(1) The option is exercisable as to 10,000 of the option shares on November 1,
1994 (one year after the effective date of the grant of such option (i.e.,
November 1, 1993)). The remaining shares of the option are exercisable at a rate
of 1/36 per month thereafter until the option is exercisable as to 100% of such
shares. The option expires on November 1, 2003.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Edson D. de Castro July 7, 1997
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** Signature of Reporting Person
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, See Instruction 6 for procedure.
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