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OMB APPROVAL
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OMB Number 3235-0287
Expires: April 30, 1997
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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 this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
THE ISSUER IS A FOREIGN PRIVATE ISSUER.
THIS DOCUMENT IS BEING FILED FOR INFORMATION PURPOSES ONLY.
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1. Name and Address of Reporting Person
Karp Henry M.
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(Last) (First) (Middle)
c/o Optimal Robotics Corp., 4700 de la Savane
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(Street)
Montreal, Quebec Canada H4P 1T7
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Optimal Robotics Corp. OPMR(1)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
________________________________________________________________________________
4. Statement for Month/Year
March 2000
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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, COO
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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>
Class "A" shares 3/28/00 X 60,000 A Cdn.$2.50 D
(2)
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Class "A" shares 3/28/00 S 60,000 D $39.00 D
(2)
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Class "A" shares 3/28/00 M 40,000 A $3.00 D
(2)
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Class "A" shares 3/28/00 S 40,000 A $39.00 -0- D
(2)
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Class "A" shares 3/28/00 X 40,000 A Cdn.$3.75 I Owned through
(2) Tontri
Holdings, Inc.
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Class "A" shares 3/28/00 S 100,000 D $39.00 -0- I Owned through
(2) Tontri
Holdings, Inc.
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
SEC 1474(8-92)
<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>
Incentive Stock $3.00 3/28/00 M V 40,000 D 5/5/99 5/5/02 Class "A" 40,000 494,000 D
Options to (2) Shares
purchase Class "A"
Shares
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Options to Cdn. 3/28/00 X 60,000 D 5/4/96 5/4/00 Class "A" 60,000 -0- D
purchase Class "A" $2.50 Shares
Shares
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Warrants to Cdn. 3/28/00 X 40,000 D 10/23/96 5/4/2000 Class "A" 40,000 -0- I Through
purchase Class "A" $3.75 Shares Tontri
Shares Holdings
Inc.
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</TABLE>
Explanation of Responses:
(1) The Issuer is a foreign private issuer. This Form 4 is being filed for
information purposes only.
(2) The shares were sold pursuant to an underwritten public offering that
closed on April 3, 2000. In furtherance of the March 28, 2000 Underwriting
Agreement, rights in the shares were transferred on March 28, 2000.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Henry M. Karp 4/6/00
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**Signature of Reporting Person Date
Henry M. Karp
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
SEC 1474 (8-92)
