FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
/ / CHECK THIS BOX STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
IF NO LONGER
SUBJECT TO OMB APPROVAL
SECTION 16. OMB NUMBER 3235-0287
FORM 4 OR FORM 5 Expires: December 31, 2001
OBLIGATIONS Estimated average burden
MAY CONTINUE. hours per response 0.5
SEE INSTRUCTION
1(b).
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
(PRINT OR TYPE RESPONSES)
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1. Name and Address of Reporting 2. Issuer Name AND Ticker or 6. Relationship of Reporting Person (s) to Issuer
Person* Trading Symbol (Check all applicable)
Sentry Technology Corporation (SKV)
____ Director __________ 10% Owner
__X__ Officer __________ Other
Schnelling Anthony H.N. (give title below) (specify below)
Chief Executive Officer
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(Last) (First) (Middle) 3. IRS Identification Number 4. Statement for Month/Year
of Reporting Person, if
an entity (Voluntary) 10/99
350 Wireless Boulevard
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(Street) 5. If Amendment, 7. Individual or Joint/Group Filing
Date of Original (Check Applicable Line)
_X__ Form filed by One Reporting Person
Hauppauge, New York 11788 ____ Form filed by More than One
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(City) (State) (Zip)
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Transaction Date 3.(Transaction 4.(Securities Acquired (A) 5. Amount of 6. Ownership 7.Nature
(Instr.3) (Month/Day/Year) Code (Instr 8.) or Disposed of (D) Securities Form: of
Instr. 3, 4 and 5) Beneficially Direct (D) Indirect
Owned at or Indirect Beneficial
Code V Amount (A) or Price End of (I) Ownership
(D) Month Instr. 4) (Instr. 4)
(Instr. 3 and 4)
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* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v).
Reminder: Report on a seperate line for each class of securities beneficially owned
directly or indirectly.
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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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1. Title 2.Conversion 3.Transaction 4.Transaction 5.Number 6.Date 7.Title 8.Price 9.Number 10.Owner- 11.Nature
of or Date Code of Exercisable and Amount of of ship of
Derv- Exercise (Month/ (Instr 8) Derivative and of Derivative Derv- Form Indi-
ative Price of Day/ Securities Expiration Underlying Security ative of rect
Security Derivative Year) Acquired Date Securities (Instr.5) Securities Derv- Bene-
(Instr.3) Security (A) or (Month/ (Instr 3 Bene- ative ficial
Disposed Day/ and 4) ficially Security Owner-
of (D) Year) Owned Direct: ship
(Instr.3, at End (D)or (Instr.
4 and 5) Month Indirect 4)
(Instr.4) (I)
(Instr.4)
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Code V (A) (D) Date Expir- Title Amount
Exer- ation or
cisable Date Number
of
Shares
Employee $0.188 10/15/99 A V 200,000 10/15/99(1) (2) Common 200,000 200,000 D
Stock Stock
Option
(right
to buy)
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Explanation of Responses:
(1) Provided, however, that the option may not be exercised if Restoration Management Company, LLC
terminates its engagement under the consulting agreement dated October 15, 1999 (the "Agreement")
prior to April 15, 2000 unless such termination is due to the Issuer's bad faith or failure to
remain current on its payment obligations under the Agreement or failure to pay its trust fund tax
obligations.
(2) The option expires two years following termination of the engagement under the Agreement.
* Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Anthony H.N. Schnelling 11/10/99
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** Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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