U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
- ---------
FORM 4
- ---------
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer
subject to Section 16.
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
Form 4 or Form 5
obligations may continue. See Instruction 1(b).
<TABLE>
<S> <C> <C>
- ------------------------------------------- ------------------------------------------- ----------------------------------------
1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
The Issuer's name is CD Warehouse, Inc., Issuer (Check all applicable)
Formula Unit Trust and its trading symbol is "CDWI".
- ------------------------------------------- ------------------------------------------- ---- Director -XX- 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- Officer ---- Other
Number of Reporting Month/Year (give title below) (specify below)
1010 Sherbrooke Street West, Suite 1409 Person (Voluntary) 12/98
- ------------------------------------------- -----------------
(Street) 5. If Amendment, ----------------------------
Date of Original
Montreal Quebec H3A 2R7 (Month/Year)
- ------------------------------------------- ------------------------------------------- ----------------------------------------
(City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------- ------------------------------------------- ----------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ---------------------- --------------- --------------- ------------------------------ -------------- -------------- ------------
1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
(Instr. 3) Date Code (Instr. 8) Disposed of (D) Securities Form: Direct of Indirect
Month/Day/Year (Instr. 3, 4 and 5) Beneficially (D) or Beneficial
--------------- ------------------------------ Owned at End Indirect (I) Ownership
Code V Amount (A) or Price of Month (Instr. 4) (Instr. 4)
(D) (Instr. 3&4)
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 12/1/98 S 4100 D $20.00 595,900 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/4/98 S 9400 $17.875 586,500 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/7/98 S 5000 $18.80 581,500 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/7/98 S 3900 $19.50 577,600 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/7/98 S 2000 $19.875 575,600 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/8/98 S 5000 $23.50 570,600 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/8/98 S 5000 $20.625 565,600 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/9/98 S 6200 $20.75 559,400 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/9/98 S 1000 $21.625 558,400 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
<PAGE>
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/9/98 S 5600 $21.50 552,800 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/9/98 S 5000 $21.00 547,800 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/10/98 S 20,000 $23.25 527,800 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/10/98 S 15,000 $23.00 512,800 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/11/98 S 16,000 $19.625 496,800 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/11/98 S 2500 $20.125 494,300 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/11/98 S 3500 $20.375 490,800 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/11/98 S 11,500 $20.50 479,300 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/18/98 S 65,000 $21.20 414,300 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
Common Stock 12/21/98 S 5000 $18.00 409,300 D
- ---------------------- --------------- ------- ------- --------- --------- ---------- -------------- -------------- ------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
SEC 1474 (8-92)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of,
or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
- ------------ ------------- --------- ------------- ------------- ------------- ------------ -------- -------- -------- --------
1. Title of 2. Conversion 3.Trans- 4.Transaction 5. Number of 6. Date 7. Title and 8.Price 9.Number 10.Owner 11.
Derivative or Exercise action Code Derivative Exercisable Amount of of of ship Nature
Security Price of Date (Instr.8) Securities and Expira- Underlying Deriv- Deriv- Form of Indirect
(Instr. 3) Derivative (Month/ Acquired(A) tion Date Securities ative ative Deriv- Bene-
Security Day/Year) or Disposed (Month/Day/ (Instr. 3 Security Secur- iative ficial
of (D) Year) and 4) (Instr.5) ities Security: Owner-
(Instr.3,4&5) Bene- Direct ship
------ ------ ------ ------ ----- ------- ----- ------ ficially (D) or (Instr.
Date Expira- Title Amount Owned at Indirect 4)
Code V (A) (D) Exer- tion or End of (I)
cis- Date # of Month (Instr.
able Shares (Instr.4) 4)
- ------------ ------------- --------- ------ ------ ------ ------ ----- ------- ----- ------ -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------ ------------- --------- ------ ------ ------ ------ ----- ------- ----- ------ -------- -------- -------- --------
- ------------ ------------- --------- ------ ------ ------ ------ ----- ------- ----- ------ -------- -------- -------- --------
</TABLE>
Explanation of Responses:
/s/ Rene Catafago January 8, 1999
----------------------------- -------------
**Rene Catafago Date
** Intention misstatements or omission 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
SEC 1474(8-92)
