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FORM 4
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check box if no
longer subject to Filed pursuant to Section 16(a) of the Securities
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the
or Form 5 obligations Public Utility Holding Company Act of 1935
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
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<S> <C> <C> <C> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Manger Roland Cybernet Internet International Services, Issuer (Check all applicable)
Inc. (ZNET)
- ------------------------------------------- -------------------------------------------- Director 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
c/o Infobahn Int'l GmbH Number of Reporting Month/Year Officer (give X Other (Specify
Weisskreuzacker 19 Person (Voluntary) July 1999 ---- title --- below)
- --------------------------------------------- ------------------- below)
(Street) -------------------- 5. If Amendment, The reporting person is or may be
Chieming Germany 83339 Date of Original deemed to be a member of a "group"
- --------------------------------------------- (Month/Year) with joint filer Mr. Thomas Schulz
(City) (State) (Zip) and certain others as a result of
------------ the pooling and trust agreement
described in the Issuer's Form S-1,
filed September 18, 1998. The
reporting person disclaims the
existence of a group, and disclaims
beneficial ownership of any
securities owned by joint filer Mr.
Schulz or by any other person in
the group.
__________________________________
7. Individual or Joint/Group Filing
(Check Applicable Line)
Form filed by One Reporting Person
Form filed by more than one
X Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ Indirect Owner-
Year) (I) ship
(Instr. 4) (Instr.
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 separate line for each class of securities beneficially owned directly or indirectly. Page 1 of 3
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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)
<S> <C> <C> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Put (1) EURO 20 July 30, P 119,857 March March Common 119,857 EURO 5.56(5)
1999 (1) 1, 1, Stock (1)
(3) 2000 2000
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Put (2) EURO 20 July 30, P 170,143 March March Common 170,143 EURO 5.56(5)
1999 (2) 1, 1, Stock (2)
(4) 2000 2000
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<S> <C> <C> <C>
1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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119,857(1) D
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170,143(2) D
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Explanation of Responses:
(1) These securities are owned solely by Mr. Roland Manger, the reporting
person, who is or may be deemed to be a member of a "group" with joint filer Mr.
Thomas Schulz and certain others as a result of the pooling and trust agreement
regulating the transfer and disposition of shares, as described in the Issuer's
Form S-1, filed September 18, 1998, as amended (the "Pooling Agreement"). Mr.
Manger disclaims the existence of a group, and disclaims beneficial ownership of
any securities owned by Mr. Schulz or any other person in the group.
(2) These securities are owned solely by Mr. Thomas Schulz, the joint filer,
who is or may be deemed to be a member of a "group" with reporting person Mr.
Roland Manger and certain others as a result of the pooling and trust agreement
regulating the transfer and disposition of shares, as described in the Issuer's
Form S-1, filed September 18, 1998, as amended (the "Pooling Agreement"). Mr.
Schulz disclaims the existence of a group, and disclaims beneficial ownership
of any securities owned by Mr. Manger or any other person in the group.
(3) The reporting person, Mr. Roland Manger, has the right to sell 119,857
shares of common stock of the Issuer to a financial institution on March 1, 2000
at the exercise price of EURO 20, pursuant to several transactions entered into
between May 17, 1999 and July 30, 1999 on substantially similar terms.
(4) The joint filer, Mr. Thomas Schulz, has the right to sell 170,143 shares of
common stock of the Issuer to a financial institution on March 1, 2000 at the
exercise price of EURO 20, pursuant to several transactions entered into
between May 17, 1999 and July 30, 1999 on substantially similar terms.
(5) Average of prices determined by formula taking into account current market
price of underlying securities.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Roland Manger August 9, 1999
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**Signature of Reporting Person Date
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Note. File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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JOINT FILER INFORMATION
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<S> <C>
Name: Mr. Thomas Schulz
Address: c/o Infobahn International GmbH
Weisskreuzacker 19
83339 Chieming, Germany
Designed Filer: Mr. Roland Manger
Issuer & Ticker Symbol: Cybernet Internet International Services, Inc. (ZNET)
Statement for Month/Year: July 1999
Signature: /s/ Thomas Schulz August 9, 1999
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</TABLE> Signature of Date
Joint Filer
