U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
() Form 3 Holdings Reported
() Form 4 Transactions Reported
1. Name and Address of Reporting Person
Cronin, Michael F.
One Federal Street 21st Floor
Boston, MA USA 02110
2. Issuer Name and Ticker or Trading Symbol
Tweeter Home Entertainment Group, Inc. TWTR
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
09/30/98
If Amendment, Date of Original (Month/Year)
Relationship of Reporting Person to Issuer (Check all applicable)
(x) Director (x) 10% Owner ( ) Officer (give title below)
( ) Other (specify below)
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Option [1] |17.00 |7/16/|A [2|1750 | |7/16/|7/16/|Common Stock|1750 |17.00 |1750 |D | |
| |98 |] | | |99 |04 | | | | | | |
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Warrant | | | | | | | |Common Stock| | |11832 |I |Partner [3] |
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Explanation of Responses:
1. The 1,750 options shares granted on 07/16/98 are subject to an annual vesting
schedule, to be fully vested by 07/16/2004.
2. Issuance of Stock Options
3. The shares are owned by Weston Presidio Offshore Capital, CV. Mr. Cronin is
a General Partner of Weston Presidio Capital Management, LP, which is the
General Partner of Weston Presidio Offshore Capital, CV. Mr. Cronin disclaims
benefical ownership except to the extent of his pecuniary interest in these
shares.
Joseph G. McGuire
SIGNATURE OF REPORTING PERSON
/Signature/
Michael F. Cronin
DATE
11/13/98
