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FORM 4 OMB APPROVAL
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[ ] Check this box if no OMB Number: 3235-0287
longer subject to Expires: September 30, 1999
Section 16. Form 4 Estimated average burden
or Form 5 obligations hours per response .... 0.5
may continue. See ---------------------------
Instruction 1(b).
UNITED STATES 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,
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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<S> <C> <C> <C> <C> <C> <C>
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
O'Donnell Francis E., Jr. Star Scientific, Inc. STSI to Issuer (Check all applicable)
- --------------------------------------------- ---------------------------------------------- Director X 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
Number of Reporting Month/Year Officer (give Other (Specify
709 The Hamptons Lane Person (voluntary) 3/99 ---- title --- below)
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(Street) 5. If Amendment,
Town & Country, Missouri 63017 Date of Original
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(City) (State) (Zip) 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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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) 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) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
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Common Stock 3/31/99 C 34,012,059 A (1) 34,012,059 1(2) Regent Court
Technologies, a
Missouri partnership
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Common Stock 3/31/99 C 2,268,360 A (1) 2,268,360 (3) J.R. Williams 1994
Irrevocable Trust
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Common Stock 3/31/99 C 2,268,362 A (1) 2,268,362 (4) F.E. O'Donnell, Jr.
Descendants Trust
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Page 1 of 2
* If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474 (7-96)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Instr. 3 and 4) 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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Series B Convertible 3280 to 1 3/31/99 C 10,369.532 12/17/98 Common 34,012,059
Preferred Stock Stock
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Series B Convertible 3280 to 1 3/31/99 C 691.574 12/17/98 Common 2,268,360
Preferred Stock Stock
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Series B Convertible 3280 to 1 3/31/99 C 691.574 12/17/98 Common 2,268,362
Preferred Stock Stock
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<C> <C> <C>
9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
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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-0- 1(2) Regent Court Technologies,
a Missouri partnership
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-0- (3) J.R. Williams 1994
Irrevocable Trust
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-0- (4) F.E. O'Donnell, Jr.
Descendants Trust
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Explanation of Responses:
(1) The reported securities were acquired on conversion of the Series B Convertible Preferred Stock at
a rate of 3,280 shares of Common Stock for each share of Series B Convertible Preferred Stock.
(2) Dr. O'Donnell is a partner in the Partnership and is the indirect beneficial owner of only 9/17 of
the securities held by the Partnership.
(3) Dr. O'Donnell is the sole trustee of the trust holding these shares. Dr. O'Donnell disclaims bene-
ficial ownership of these securities, and this report shall not be deemed an admission that Dr.
O'Donnell is the beneficial owner of such securities for purposes of Section 16 or for any other
purpose.
(4) Shares held by trust f/b/o Dr. O'Donnell's descendants. Dr. O'Donnell disclaims beneficial ownership
of these securities, and this report shall not be deemed an admission that Dr. O'Donnell is the
beneficial owner of such securities for purposes of Section 16 or for any other purpose.
/s/ FRANCIS E. O'DONNEL, JR. 4-7-99
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. ------------------------------- ------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed. Page 2 of 2
If space provided is insufficient, see Instruction 6 for procedure. SEC 1474 (7-96)
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.
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