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FORM 5 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
[ ] CHECK BOX IF NO LONGER SUBJECT WASHINGTON, D.C. 20549 OMB Number 3235-0362
TO SECTION 16. FORM 4 OR FORM Expires: September 30, 1998
5 OBLIGATIONS MAY CONTINUE. STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden
SEE INSTRUCTION 1(B). hours per response . . . . 1.0
[ ] FORM 3 HOLDINGS REPORTED
[ ] FORM 4 TRANSACTIONS REPORTED
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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
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading 6. Relationship of Reporting Person to Issuer
Symbol THE COLONEL'S (Check all applicable)
INTERNATIONAL, INC. ("COLO")
FRISINA J. DANIEL [X] Director ____ 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security Number of ____ Officer (give ____ Other (specify
Reporting Person (Voluntary) title below
below
497 OAKLAND BEACH DRIVE
(Street) _____________________________
4. Statement for Month/Year
December 31, 1998 7. Individual or Joint/Group Reporting (check
CONNEAUT LAKE PENNSYLVANIA 16316 applicable line)
(City) (State) (Zip) 5. If Amendment, Date of Original [X] Form Filed by One Reporting Person
(Month/Year) __ 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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1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3) (Month/Day/Year) (Instr. 8) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
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N/A
5. Amount of Securities 6. Ownership Form: 7. Nature of Indirect
Beneficially Owned Direct (D) or Beneficial Ownership
at end of Issuer's Indirect (I) (Instr. 4)
Fiscal Year (Instr. 4)
(Instr. 3 and 4)
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* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v).
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FORM 5 (CONTINUED)
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TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security 2. Conversion or 3. Transaction 4. Transaction Code 5. Number of Derivative
(Instr. 3) Exercise Price Date (Month/ (Instr. 8) Securities Acquired (A)
of Derivative Day/Year) or Disposed of (D)
Security (Instr. 3, 4 and 5)
(A) (D)
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Stock Option (Right to Buy) 3/1/98 A 635
Stock Option (Right to Buy) 9/1/98 A 665
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6. Date Exercisable and 7. Title and Amount of 8. Price of 9. Number of 10. Ownership 11. Nature of
Expiration Date Underlying Securities Derivative Derivative of Deriva- Indirect
(Month/Day/Year) (Instr. 3 and 4) Security Securities tive Secur- Beneficial
Amount or (Instr. 5) Beneficially ity: Direct Ownership
Date Expiration Number of Owned at End (D) or In- (Instr. 4)
Exercisable Date Title Shares of Year direct (I)
(Instr. 4) (Instr. 4)
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9/1/98 2/28/08 Common Stock 635 $8.25 D
3/1/99 8/31/08 Common Stock 665 $6.875 D
7,895 D
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EXPLANATION OF RESPONSES:
/s/J. DANIEL FRISINA February 15, 1999
**Intentional misstatements or omissions of facts constitute Federal **Signature of Reporting Person Date
Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). J. DANIEL FRISINA
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 Number. Page 2
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