FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities
Exchange Act of 1934
1. Name and Address of Reporting Person:
Ginelli Richard
(Last) (First)
44 National Road, Edison, New Jersey 08817
(Street) (City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol:
Pentech International Inc./PNTK
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Statement for Month/Year:
May/1999
5. If Amendment, Date of Original (Month/Year):
6. Relationship of Reporting Person to Issuer (Check all
applicable):
Director
10% Owner
X Officer (give title below)
Other (Specified below)
Vice-President, Manufacturing
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned:
1. Title of Security:
2. Transaction Date:
(Month/Day/Year)
3. Transaction Code:
Code V
4. Securities Acquired (A) or Disposed of (D):
Amount (A) or (D) Price
5. Amount of Securities Beneficially Owned at End of Month:
6. Ownership Form-Direct (D) or Indirect (I):
7. Nature of Indirect Beneficial Ownership:
Table II - Derivative Securities Acquired, Disposed of, or
Beneficially Owned (e.g., puts, calls, warrants, options,
convertible securities):
1. Title of Derivative Security:
Common Stock
2. Conversion or Exercise Price of Derivative Security:
$.875
3. Transaction Date (Month/Day/Year):
05/17/99
4. Transaction Code:
Code V
A
5. Number of Derivative Securities Acquired (A) or Disposed of
(D):
10,000 (A)
6. Date Exercisable and Expiration Date (Month/Day/Year):
03/03/00 03/03/02
(Date Exercisable) (Expiration Date)
7. Title and Amount of Underlying Securities:
Common Stock 10,000
(Title) (Amount of Number of Shares)
8. Price of Derivative Security:
9. Number of Derivative Securities Beneficially Owned at End of
Month:
36,000
10. Ownership Form of Derivative Security: Direct (D) or Indirect
(I):
D
11. Nature of Indirect Beneficial Ownership:
Explanation of Responses:
s/Richard Ginelli 6/8/99
Signature of Reporting Person Date