U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
[_] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Hardman, Allen D.
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(Last) (First) (Middle)
462 Stevens Avenue, Suite 106
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(Street)
Solana Beach, California 92075
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
ZiaSun Technologies, Inc. (ZSUN)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
N/A
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4. Statement for Month/Year
02/02
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5. If Amendment, Date of Original (Month/Year)
N/A
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
Vice President and Secretary
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 50,000 D
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Common Stock 7/3/00 M 25,000 A $2.00 25,000 D
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</TABLE>
* 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.
(Print or Type Responses)
(Over)
(Form 4-07/99)
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<PAGE>
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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<TABLE>
<CAPTION>
10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Option $2.00 5/30/97 J 25,000 7/01/01 Common 25,000 25,000 D
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Option $2.00 7/3/00 X 25,000 7/01/00 Common 25,000 25,000 D
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Option $6.38 4/17/00 A 25,000 5/01/00 Common 25,000 50,000 D
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Option $3.125 8/02/00 A 50,000 8/02/00 Common 50,000 100,000 D
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</TABLE>
Explanation of Responses:
On May 30, 1997, pursuant to the terms of the Employment Agreement between
Mr. Hardman and the issuer, Mr. Hardman was granted an option to purchase up to
100,000 (post-split adjusted) shares of the common stock of the issuer at an
exercise price of $2.00 per share. Mr. Hardman's right to exercise said option
vests at the rate of 25,000 shares over a period of 4 years. As of June 30,
2000, Mr. Hardman had exercised and purchased the first 2 vested blocks of
options. On July 3, 2000 Mr. Hardman exercised the third block of options an
acquired 25,000 at an exercise price of $2.00 per share.
On April 17, 2000, Mr. Hardman was granted an option pursuant to the 1999
Stock Option Plan, to purchase 25,000 shares of common stock at an exercise
price of $6.38 per shares.
On August 2, 2000 in conjunction with Mr. Hardman being appointed as the
President and CEO of the issuer, Mr. Hardman has granted an option to purchased
50,000 shares of the issuers common stock at an exercise price of $3.125 per
share representing the closing price on that date.
\S\ Allen D. Hardman 8/11/2000
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**Signature of Reporting Person Date
** 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.
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