<PAGE>
+--------+
| FORM 4 | U.S. SECURITIES AND EXCHANGE COMMISSION
+--------+ WASHINGTON, D.C. 20549
[_] Check this box if
no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
to Section 16.
Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities
obligations may Exchange Act of 1934, Section 17(a) of the
continue. See Public Utility Holding Company Act of 1935 or
Instruction 1(b). Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
- --------------------------------------------------------------------------------
1. Name and Address of Reporting Person*
Brown Paul
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
c/o Alliance Investments, A.M.
Le Panorama Bloc AB
47 Rue Grimaldi
- --------------------------------------------------------------------------------
(Street)
Monte Carlo Monaco 98000
- --------------------------------------------------------------------------------
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol Home Security International, Inc.
(HSI)
-----------------------------------
3. I.R.S. Identification Number of Reporting Person, if an entity
(voluntary)
--------------
4. Statement for Month/Year February, 2000
---------------------------------------------------
5. If Amendment, Date of Original (Month/Year)
---------------------------------
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
X Director ___ Officer ___ 10% Owner ___ Other
--- (give title below) (specify below)
----------------------------------------------------------------
7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
---
___ Form filed by More than One Reporting Person
Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
of action action or Disposed of (D) Securities ship of In-
Security Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 3) (Month/ (Instr. 8) Owned at Direct Bene-
Day/ ----------------------------------------------- End of (D) or ficial
Year) Month Indirect Owner-
Code V Amount (A) or Price (Instr. 3 and 4) (I) ship
(D) (Instr. 4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock* 400,000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* If this form is filed by more than one reporting person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Over)
<PAGE>
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 Derivative 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv-
Security (Instr. 3) sion or action tion Code ative Securities
Exercise Date (Instr. 8) Acquired (A) or
Price of (Month/ Disposed of (D)
Deriv- Day/ (Instr. 3, 4, and 5)
ative Year)
Security
---------------------------------------------------
Code V (A) (D)
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Warrants $ 13.00 1/1/00 A 200,000
- -----------------------------------------------------------------------------------------------------------------------------
Stock Option (Right to Buy)* $ 2.1875
- -----------------------------------------------------------------------------------------------------------------------------
Stock Option (Right to Buy)* $10.6875
- -----------------------------------------------------------------------------------------------------------------------------
Warrants* $ 13.00
- -----------------------------------------------------------------------------------------------------------------------------
Warrants* $ 13.00
- -----------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Na-
cisable and Underlying Securities of of Deriv- ship ture
Expiration (Instr. 3 and 4) Deriv- ative Form of In-
Date ative Secur- of De- direct
(Month/Day/ Secur- ities rivative Bene-
Year) ity Bene- Security: ficial
(Instr. ficially Owner-
-------------------------------------------- 5) Owned Direct (D) ship
Date Expira- Amount or at End or (Instr.
Exer- tion Title Number of of Indirect 4)
cisable Date Shares Month (I)
(Instr. 4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Warrants* 1/1/00 1/1/05 Common 200,000 200,000 I (1)
Stock
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (Right to Buy)* 12/7/99 12/7/09 Common 2,500 (2) 2,500 D
Stock
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (Right to Buy)* 2/18/99 2/18/09 Common 2,500 (2) 2,500 D
Stock
- ------------------------------------------------------------------------------------------------------------------------------------
Warrants* 9/30/98 9/30/03 Common 360,000 360,000 I (1)
Stock
- ------------------------------------------------------------------------------------------------------------------------------------
Warrants* 10/1/99 10/1/04 Common 200,000 200,000 I (1)
Stock
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
(1) The reporting person is a director of International Home Security
Investments Limited ("IHSI"), the holder of such securities and, is the sole
shareholder of an entity which is the sole shareholder of IHSI.
(2) These options were granted under HSI's 1997 Non-Employee Director Stock
Option Plan.
*Previously reported.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Paul Brown February 10, 2000
- --------------------- -----------------
Paul Brown Date
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
