UBRANDIT COM
3, 2000-06-16
BUSINESS SERVICES, NEC
Previous: DURECT CORP, S-1/A, EX-23.1, 2000-06-16
Next: UBRANDIT COM, 3, 2000-06-16




<PAGE>

                                                  ------------------------------
                                                           OMB APPROVAL
                                                  ------------------------------
                                                  OMB Number           3235-0104
                                                  Expires:            12-31-2001
                                                  Estimated average burden
                                                  hours per response ....... 0.5
                                                  ------------------------------

                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 3

            INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

    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

________________________________________________________________________________
1.   Name and Address of Reporting Person*

     Pollei                David                      C.
________________________________________________________________________________
   (Last)                            (First)              (Middle)

     12626 High Bluff Drive
________________________________________________________________________________
                                    (Street)

     San Diego             CA                      92130
________________________________________________________________________________
   (City)                            (State)                (Zip)

________________________________________________________________________________
2.   Date of Event Requiring Statement (Month/Day/Year)

     10/19/99
________________________________________________________________________________
3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)


________________________________________________________________________________
4.   Issuer Name AND Ticker or Trading Symbol

     Ubrandit.com, Inc. / UBI
________________________________________________________________________________
5.   Relationship of Reporting Person(s) to Issuer
     (Check all applicable)

     [X]  Director                             [_]  10% Owner
     [_]  Officer (give title below)           [_]  Other (specify below)


________________________________________________________________________________
6.   If Amendment, Date of Original (Month/Day/Year)


================================================================================
             Table I -- Non-Derivative Securities Beneficially Owned
================================================================================
<TABLE>
<CAPTION>
                                                          3. Ownership Form:
                               2. Amount of Securities       Direct (D) or
1. Title of Security              Beneficially Owned         Indirect (I)       4. Nature of Indirect Beneficial Ownership
   (Instr. 4)                     (Instr. 4)                 (Instr. 5)            (Instr. 4)
------------------------------------------------------------------------------------------------------------------------------------
<S>                               <C>                         <C>                  <C>
Common Stock, ($.001 par value)   -0-
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
</TABLE>


Reminder: Report on a separate line for each class of securities beneficially
   owned directly or indirectly.

*  If the form is filed by more than one reporting person, see Instruction
   5(b)(v).

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 CONTROL NUMBER.

                                                                          (Over)
                                                                 SEC 1473 (3-99)


<PAGE>


FORM 3 (continued)

              TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
         (e.g., puts, calls, warrants, options, convertible securities)

================================================================================
<TABLE>
<CAPTION>
                                                                                                        5. Owner-
                                                    3. Title and Amount of Securities                      ship
                                                       Underlying Derivative Security                      Form of
                         2. Date Exercisable           (Instr. 4)                                          Derivative
                            and Expiration Date     ---------------------------------    4. Conver-        Security:
                            (Month/Day/Year)                               Amount           sion or        Direct      6. Nature of
                         ----------------------                            or               Exercise       (D) or         Indirect
                         Date       Expira-                                Number           Price of       Indirect       Beneficial
1. Title of Derivative   Exer-      tion                                   of               Derivative     (I)            Ownership
   Security (Instr. 4)   cisable    Date            Title                  Shares           Security       (Instr. 5)     (Instr. 5)
------------------------------------------------------------------------------------------------------------------------------------
<S>                      <C>           <C>         <C>                    <C>           <C>            <C>            <C>
1999 Stock Option and
Incentive Plan           8/5/2000(1)   8/5/2004    Common Stock           7,500 *       $4.69          D
------------------------------------------------------------------------------------------------------------------------------------
1999 Stock Option and
Incentive Plan           2/19/2000(2)  2/19/05     Common Stock           15,000        $4.00          D
------------------------------------------------------------------------------------------------------------------------------------
1999 Stock Option and
Incentive Plan           6/19/2000(2)  6/19/05     Common Stock           15,000        $4.00          D
------------------------------------------------------------------------------------------------------------------------------------
1999 Stock Option and
Incentive Plan           10/19/2000(2) 10/19/05    Common Stock           20,000        $4.00          D
------------------------------------------------------------------------------------------------------------------------------------
1999 Stock Option and
Incentive Plan           3/11/2001(3)  3/11/2005   Common Stock           100,000       $3.75          D
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
</TABLE>
Explanation of Responses:

1        An option to purchase 7,500 shares of common stock was granted on
         8/5/99 and will be fully vested on 8/5/2000.

2        The total option granted on 10/19/99 was 50,000 shares. 15,000 of the
         Shares are fully vested as of 2/19/00, another 15,000 shares vest on
         6/19/00 and the remaining 20,000 shares vest on 10/19/00. Each vesting
         tranche expires 5 years after the vesting date.

3        An option to purchase 100,000 shares of common stock was granted on
         3/11/2000 and will be fully vested on 3/11/2001.



/S/ David C. Pollei                                          June 16, 2000
---------------------------------------------            -----------------------
      **Signature of Reporting Person                             Date
          DAVID C. POLLEI

**   Intentional misstatements or omissions 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.

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 control number.


                                                                          Page 2



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission